
The Palm Tower is a multifunctional hotel and residential complex from Nakheel Properties. The building is located next to Nakheel Mall on Palm Jumeirah Island. The first 18 floors of the building are reserved for the 5-star The St. Regis Dubai Hotel. The remaining floors are residences, including studios and apartments with one, two and three bedrooms. The apartments are decorated in a modern style, each residence has a staff room and a private balcony. The property is offered with a full set of furniture and household appliances. The tower includes three roof levels: on the 50th floor there is one of the highest landscaped pools in the world, on the 51st floor there is a restaurant, on the 52nd floor of the tower there is a unique observation deck The View at The Palm, which offers panoramic views of the coast of Dubai and Palm Jumeirah Island from a height of 240 meters. The owners of the apartments will be able to use all the amenities, which include: spa, clinic, beauty salon, dry cleaning, laundry, studio, tennis courts and squash courts, barbecue areas, children's playgrounds, parking spaces. The Palm Tower is ideally located in the heart of Palm Jumeirah. Nakheel Mall, Al Ittihad Park, Club Vista Mare and The Boardwalk are located next to The Palm Tower. The Palm Tower provides easy access to Dubai Tram and Dubai Metro. The tower is directly connected by monorail to the mainland and the Atlantis Hotel.
Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% 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 |
|---|---|---|---|
| The Palm Tower launch basis | 2,611 | AED 2.35M | Current launch / asking basis |
| Palm Jumeirah ready-stock comps | 3,200 | AED 2.88M | Indicative resale benchmark |
| Palm Jumeirah premium peer launches | 3,800 | AED 3.42M | New-launch peer set |
| Trophy alternative proxy | 4,700 | AED 4.23M | Higher-end anchor for negotiation context |

















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Palm Jumeirah
The Palm Tower by Nakheel Properties
Located in Palm Jumeirah
Starting from AED 2,350,000
Unit mix includes Studio, 1 BR, Apartments
Expected handover: Dec 2021
Official brochure and PDF marketing materials available
Official render/gallery images available
Ready-to-move units · Direct from owner · Verified by Astraterra
Share your capital range, preferred area or unit type, reservation timeline, and whether you want branded-residence, trophy-level, or discreet high-ticket stock. We use that to filter inventory before sending options.
Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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