The Palm Tower
Project Overview
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.
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.
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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Astraterra Properties
Official Documents
Download official marketing materials from Nakheel Properties.
Payment Structure
Published payment summary
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Amenities & Lifestyle
Location
Palm Jumeirah
Nearby Destinations
Developer and Project Facts
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
Available for Resale
Ready-to-move units · Direct from owner · Verified by Astraterra
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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