Palm Beach Tower 3 — project image
Off-Plan

Palm Beach Tower 3

From AED 4.05M·Handover Mar 2027·20% down payment Payment
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AED 4.05M
Starting Price
Mar 2027
Handover
20% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

Palm Beach Tower 3 is a tower located on Palm Jumeirah Island, is the third building in the prestigious Palm Beach Towers complex by Nakheel Properties. The architecture of the building is designed in a modern urban style and has fourty nine residential floors and a roof, which are located above a basement level, ground floor and fourteen-storey podium. On the top floor of the podium there is a landscaped area with a swimming pool, sports fields and retail spaces. The project offers a luxurious collection of exquisite 1-3 bedroom apartments. All residences of the project are equipped with balconies, which offer magnificent views of the coast. Residents of the complex will be able to take advantage of a variety of recreational facilities, including: a yoga area, a gym, a playground and sports facilities, a spa, a private beach, a park on the embankment and a boardwalk, an outdoor infinity pool, an observation deck, retail stores, a lounge, a cafe, a multipurpose room, indoor and outdoor children's play areas. There are 2 tram stations within walking distance of the skyscraper – Palm Jumeirah 1 and Palm Jumeirah 2. Residents can easily reach key areas of the rest of the emirate: the journey time to Dubai Marina will take 10 minutes, and Business Bay and Downtown Dubai can be reached in 20 minutes. Dubai International Airport is 30 minutes away.

Project Specifications
DeveloperNakheel Properties
LocationDubai Marina
Unit Types1 BR, 2 BR, 4 BR, Apartments, Penthouse
AreaDubai Marina
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 174,757 / year
Cash-on-Cash
2.2%
Levered cashflow AED 41,107
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 1.86M / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Nakheel Properties.

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Payment Structure

20% down payment

Published payment summary

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Amenities & Lifestyle

Accessibility for people with disabilities
BBQ
Children’s pool
Concierge Service
Covered Parking
Dining outlets (coffee houses & restaurants)
Infinity pool
Intercom
Kids Play Area
Landscaped garden
Laundry
Lift
Meditation zone
Pets Allowed
Private beach access
Recreational areas
Retail outlets
SPA
Security and CCTV
Shared Pool
Shared gym
Shared gym & fitness
Social zone
Walking paths
Yoga studio

Location

Dubai Marina

Nearby Destinations

Dubai Marina

Developer and Project Facts

01

Palm Beach Tower 3 by Nakheel Properties

02

Located in Dubai Marina

03

Starting from AED 4,050,000

04

Unit mix includes 1 BR, 2 BR, 4 BR, Apartments

05

Expected handover: Mar 2027

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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