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Palm Jumeirah

Palm Beach Towers - 1

Apartment

About the building

51-storey mixed-use complex in Palm Jumeirah.

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 NP9-108288

How much is this apartment in Palm Beach Towers - 1?

Lot NP9-108288 is priced at AED 6 500 000, about $1 770 000. The size is 1 356 sq ft (126 m²), which works out at AED 4 794 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 - 1?

The database holds 12 lots in Palm Beach Towers - 1 right now, from AED 2 728 740 to AED 11 000 000. At AED 4 794 per sq ft this lot is 23% above the median for the other lots in the project (AED 3 884).

Is this expensive or cheap for Palm Jumeirah?

The database holds 247 lots in Palm Jumeirah, starting from AED 1 250 000. The area median is AED 4 202 per sq ft; this lot, at AED 4 794, is 14% above it. 29 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 →

Is the property ready or still under construction?

The handover date in the listing is Q1 2027. Until then payments follow the developer's payment plan. The date comes from the seller and is checked against the sale agreement before a deal.

Can I get a mortgage on this lot while it is still under construction?

During construction the buyer pays the developer under the payment plan — UAE banks grant standard mortgages on ready homes. A loan is possible for the final payment, once the property has its completion certificate.

Mortgage for the final payment →

What costs come on top of the price?

The main one is the Dubai Land Department registration fee: 4% of the price, AED 260 000 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 6 500 000. 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 - 1?

The building has 51 floors. 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 NP9-108288 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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