About The Palm Tower
PROJECT CONSISTS OF MIXED USED (HOTEL & RESIDENTIAL FURNISHES APARTMENT), (3B+LG+G+3P+MECH+47+MECH+R)BUILDING LOCATED IN PALM JUMEIRAH. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.
Key information
Developer
Nakheel
- Handover
- Q4 2021
- Status
- Handed over
- Location
- Palm Jumeirah, Dubai
- Master project
- Palm Jumeirah
- Construction started
- 2015
- Number of buildings
- 1
- Number of units
- 435
- Registered with DLD
- 06 Nov 2014
- Escrow bank
- Mashreq Bank
- Escrow account no.
- 19000014911
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2015
- Handed overQ4 2021
Construction progress
132 inspection photos from the Dubai Land Department. Latest 14 Mar 2022 at 100% complete.
Amenities
Physical features recorded on the Dubai Land Department buildings register.
3 Swimming Pools
Covered Parking
20 Elevators
57 Floors
Retail & Shops
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
736
Median price
AED 2.7M
Median price / sqft
AED 3K+1329%
Off-plan share
52%
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| Studio | 361 | 2,332 sqft | AED 1.8M | AED 2K |
| 1 Bed | 355 | 2,492 sqft | AED 3.8M | AED 3K |
| 2 Bed | 17 | 2,033 sqft | AED 8.8M | AED 4K |
| 3 Bed | 3 | 2,990 sqft | AED 13.0M | AED 4K |
Price per sqft by year
+1329% since 2015AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 24 Aug 2026 | Resale | 1,076 sqft | AED 7.5M | AED 7K |
| 12 Aug 2026 | Resale | 1,056 sqft | AED 3.8M | AED 4K |
| 15 Jul 2026 | Resale | 523 sqft | AED 2.3M | AED 4K |
| 02 Jul 2026 | Resale | 524 sqft | AED 2.1M | AED 4K |
| 08 Jun 2026 | Resale | 523 sqft | AED 1.9M | AED 4K |
| 01 Jun 2026 | Resale | 518 sqft | AED 2.1M | AED 4K |
| 04 May 2026 | Resale | 1,109 sqft | AED 4.5M | AED 4K |
| 09 Apr 2026 | Resale | 524 sqft | AED 2.2M | AED 4K |
Unit mix
449 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Residential | 1 | - |
| Studio | 194 | - |
| 1 B/R | 224 | - |
| 2 B/R | 11 | - |
| 3 B/R | 1 | - |
| Commercial | 4 | - |
| Shop | 7 | - |
| Unspecified | 7 | - |
Payment plan
Payment plans are set by Nakheel and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
Approximate location in Palm Jumeirah, Dubai.
The Palm Tower
Dubai, United Arab Emirates
Frequently asked questions
The Palm Tower has already been handed over (Q4 2021), according to Dubai Land Department records.
