
Palm Beach Tower 1 is a modern high-rise residential complex located on Palm Jumeirah Island and is the first building of the prestigious Palm Beach Towers project by Nakheel Properties. The architecture is designed in an elegant urban style and includes thirty seven residential floors and two roof levels rising above a basement and a ground floor as well as an eleven-storey podium with parking. The collection of residences includes spacious apartments with 1-4 bedrooms, as well as exclusive duplex penthouses with four bedrooms. All options have impeccable finishes made of premium materials and carefully thought-out layouts. Residents have access to an extensive range of leisure, sports and relaxation opportunities, including a yoga area, a modern fitness center, playgrounds and sports grounds, a spa center, a private beach, a picturesque park with a promenade, an outdoor infinity pool, an observation deck, boutiques, cafes, a lounge, a multifunctional hall, as well as indoor and outdoor children's areas. The location of the complex provides excellent transport accessibility: Palm Jumeirah Tram stations 1 and 2 are just a few minutes' walk away. Dubai Marina can be reached in 10 minutes, Business Bay and Downtown Dubai in 20 minutes, and Dubai International Airport in about 30 minutes.
Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| Palm Beach Tower 1 launch basis | 4,000 | AED 3.60M | Current launch / asking basis |
| Dubai Marina ready-stock comps | 2,100 | AED 1.89M | Indicative resale benchmark |
| Dubai Marina premium peer launches | 2,550 | AED 2.29M | New-launch peer set |
| Trophy alternative proxy | 3,200 | AED 2.88M | Higher-end anchor for negotiation context |


















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Astraterra Properties
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Dubai Marina
Palm Beach Tower 1 by Nakheel Properties
Located in Dubai Marina
Starting from AED 3,600,000
Unit mix includes 1 BR, 2 BR, 3 BR, Apartments
Expected handover: Dec 2026
Official brochure and PDF marketing materials available
Official render/gallery images available
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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