
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.
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 3 launch basis | 4,500 | AED 4.05M | 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 3 by Nakheel Properties
Located in Dubai Marina
Starting from AED 4,050,000
Unit mix includes 1 BR, 2 BR, 4 BR, Apartments
Expected handover: Mar 2027
Official brochure and PDF marketing materials available
Official render/gallery images available
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