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Palm Jumeirah

Palm Beach Towers 2

3 BR · Apartment

About the building

Located in Palm Jumeirah. Developer — Nakheel.

What the building has

  • Swimming pool
  • Parking
  • Shops
  • Sports courts
  • Barbecue area
  • Park and landscaping

Where it is

Palm Jumeirah

The palm-shaped island: villas on the fronds, apartments along the trunk, resorts around the crescent.

  • short-let income
  • beachfront living
  • capital preservation

What to check: Confirm in writing that the specific building permits holiday lets before you underwrite any short-let income, and model summer and winter occupancy separately — beach-driven demand falls sharply from June to September.

Full district guide →

Questions and answers about lot NP5-107433

How much is this 3-bedroom apartment in Palm Beach Towers 2?

Lot NP5-107433 is priced at AED 8 994 752, about $2 449 000. The size is 2 743 sq ft (255 m²), which works out at AED 3 279 per sq ft.

Is there a discount on this lot?

There is no recorded price cut: the lot is in the database at the seller's asking price. The comparisons below show how that price sits against the market.

How does this price compare with other lots in Palm Beach Towers 2?

The database holds 14 lots in Palm Beach Towers 2 right now, from AED 3 038 800 to AED 12 000 000. 5 of them share this type and bedroom count: this lot is the cheapest. At AED 3 279 per sq ft this lot is 18% below the median for the other lots in the project (AED 4 009).

Is this expensive or cheap for Palm Jumeirah?

The database holds 246 lots in Palm Jumeirah, starting from AED 1 250 000. The area median is AED 4 224 per sq ft; this lot, at AED 3 279, is 22% below it. 27 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.

Palm Jumeirah area guide →

Can this lot be bought with a mortgage, and what would the payment be?

UAE banks lend on ready homes, and the listing does not confirm that this property is ready. If it has been handed over, the numbers are: a resident puts down from 30%, here AED 2 698 000; a loan of AED 6 296 000 over 25 years at 3.75–4.99% a year comes to roughly AED 32 400–36 800 a month. A non-resident puts down from 40% (AED 3 598 000) and pays about AED 27 700–31 500 a month. The bank approves the rate and the amount.

Run your own numbers in the mortgage calculator →

What costs come on top of the price?

The main one is the Dubai Land Department registration fee: 4% of the price, AED 359 790 for this lot. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.

Does buying this lot qualify for a UAE residence visa?

On price, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 8 994 752. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.

Golden Visa and residence visas →

What is known about Palm Beach Towers 2?

The building has 51 floors and 1 265 units. The developer is Nakheel. Figures are from the project passport: Propsearch and the Dubai Land Department.

How do I view the property and get the exact address?

Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP5-107433 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.

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