−11% Photos and renders of the building and grounds — not of this particular unit.
Palm Beach Towers 2
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 P3-145034
How much is this apartment in Palm Beach Towers 2?
Lot P3-145034 is priced at AED 9 360 000, about $2 549 000. The size is 2 746 sq ft (255 m²), which works out at AED 3 409 per sq ft.
How much has the price of this lot been cut?
The price before the cut was AED 10 500 000; it is now AED 9 360 000 — AED 1 140 000 less, or 11%.
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. At AED 3 409 per sq ft this lot is 15% 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 3 409, is 19% 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 →Is the property ready or still under construction?
According to the listing, the property is still under construction; the seller gives no handover date — I will confirm it with the developer when you ask.
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 374 400 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 9 360 000. 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 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 P3-145034 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Palm Beach Towers 2
Reviews from the English YouTube channel — each one with a written breakdown on this site.
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