Palm Beach Towers Palm Jumeirah Dubai

Palm Beach Towers is a three-tower beachfront project by Nakheel at the entrance to Palm Jumeirah, Dubai, on the site of the old Palm Jumeirah Gateway. The source listing shows it from AED 2.0 M, about Rs 5.15 crore at Rs 25.75 per dirham, for 1 bedroom apartments. The towers hold 1 to 4 bedroom apartments and penthouses, with the third tower rising 51 floors.

Read the price carefully. AED 2.0 million is the listed figure and it is far below what every other source prints today: Property Finder and the brokers quote AED 3.7 million for the cheapest 1 bedroom of 943 sq ft. The gap is most likely the launch price from 2021 still sitting on the source listing, against 2026 prices on the others. We list the listed figure per the rule for this section and set the current evidence out below, because a buyer walking in with AED 2 million will not find a unit at that price.

At a glance

Price and unit pricing

The current 1 bedroom rate of about AED 3,920 per sq ft sits at the top of the Palm Jumeirah prime apartment band of AED 2,800 to 4,500 (2026 guides) and well above the island average of about AED 3,100. The listed rate of about AED 2,200 per sq ft would be a bargain on today's Palm and is not on offer. If you are quoted anything near AED 2 million for a Palm Beach Towers 1 bedroom, check whether it is a Nakheel unit or a resale, and check the DLD transaction record for the unit.

Nakheel's May 2026 release of "a limited collection of beachfront homes" means the developer still has inventory, at 2026 prices. Early buyers from 2021 also have units to sell, and their launch prices were lower, so a resale at a premium to launch but below Nakheel's list is possible.

Payment plan and total cost

Nakheel's plan is 15 per cent on booking, 45 per cent during construction and 40 per cent on handover. Worked on both figures for the 1 bedroom:

Service charges are not published. Palm Jumeirah standard apartments run about AED 11 to 15 per sq ft a year, with luxury beachfront towers at AED 20 to 30 or more; a new Nakheel beachfront tower with pools and beach access will be in the upper band, so budget about AED 19,000 to 28,000 a year on a 943 sq ft unit. Final plan and fees as per the SPA.

Location and connectivity

Palm Beach Towers stands at the base of the Palm trunk beside the Palm Gateway monorail station, which is the only Palm address with a rail link to the Red Line (via the Palm Jumeirah tram and metro interchange at Dubai Marina). Dubai Marina and JBR are about 5 to 10 minutes' drive, Nakheel Mall about 10 minutes up the trunk, Mall of the Emirates about 15 minutes, Downtown 25 to 30 minutes and Dubai International Airport about 35 minutes. Being at the entrance means you skip the trunk traffic that Crescent residents face every day.

The site faces the beach on the Marina side of the Palm, with the Dubai Marina skyline across the water. It is the busiest corner of the island, which is good for tenants and less good for quiet.

Amenities and specifications

Quoted: private beach access, pools, gyms, landscaped decks and retail at ground level across the three towers. Nakheel publishes construction progress for the project on its own website, which is unusual and useful. Interior specification, appliance brands and parking are not detailed in the sources we saw. Final specification as per the SPA.

About the developer

Nakheel is the master developer of Palm Jumeirah, Deira Islands (now Dubai Islands), Jumeirah Islands, Jumeirah Park and The Gardens among others, and is now part of Dubai Holding, the government-owned group. It is the one developer on the Palm whose title to the land is beyond question. Its history includes the 2009 to 2011 restructuring, after which projects were completed and delivered, and its recent record is of large-scale on-schedule delivery. For this project the signal to watch is the handover date, which has moved from Q1 2026 to Q4 2026 and Q1 2027 across sources.

For overseas buyers

Any nationality. Dubai's designated freehold areas are open to buyers of every nationality, resident or not: no local partner, no residence visa needed in order to buy, and the Land Department issues the title deed in your own name. On the AED 2.00 million entry price the 4% Dubai Land Department transfer fee is about AED 80,000 (USD 21,800), and registration, trustee and agency charges take the all-in cost to roughly 6% to 7% over the price. UAE banks lend non-residents about 50% to 60% of the price, which is why the developer payment plan above carries most overseas purchases. The paragraphs below work the numbers for an Indian buyer, the largest single group buying in Dubai, but the ownership, visa and yield rules are the same whatever passport you hold.

Ownership. Palm Jumeirah is freehold; a foreign national holds the title deed outright.

Remittance. At the current AED 3.7 million price, the total of about AED 3.85 million is more than four years of one person's USD 250,000 per financial year LRS limit (about AED 918,000), or about two years for a couple on a plan that runs to 2027. It is possible for a couple with planning; a single resident buyer would need a UAE mortgage for the balance. At the listed figure it would be far easier, but that price is not in the market. TCS applies above the annual threshold and is claimable in your Indian return.

Golden Visa. Every unit qualifies: even the listed figure of AED 2 million meets the threshold exactly, and current prices are well above it.

Yield and tax. No property or rental income tax in Dubai. Palm apartments return about 4.5 to 6.8 per cent gross in 2026 guides; a new beachfront 1 bedroom at the Palm's entrance, next to the monorail, should let easily at the middle of that range, so plan on 5 per cent gross and 3.5 to 4 per cent net after a beachfront service charge. Rent is taxable in India for a tax resident after the 30 per cent standard deduction.

Exit. Nakheel beachfront towers on the Palm are among the most liquid prime assets in Dubai. The risk is buying at the top of the 2026 band; a 1 bedroom at AED 3,920 per sq ft needs the Palm to keep rising to show a gain on resale.

Pros

• Nakheel, the Palm's master developer and a Dubai Holding company
• Beachfront at the Palm's entrance with the only rail link on the island
• Golden Visa on every unit
• 15/45/40 plan with a modest booking amount
• Developer publishes construction progress on its own site

Cons

• The source listing's AED 2.0 million is well below the AED 3.7 million current portals quote; the lower figure is not in the market
• Handover printed as Q1 2026, Q4 2026 and Q1 2027 and not fully completed
• Current 1 BHK rate of about AED 3,920 per sq ft is at the top of the Palm band
• 2, 3 and 4 BHK prices not published
• Busiest corner of the island; service charges likely AED 20 to 30 per sq ft

Who this is for

• Buyers who want a Palm Jumeirah beachfront apartment from the island's master developer
• Indian couples who can remit over two or three financial years, or NRIs with funds abroad
• Golden Visa seekers who want a lettable prime asset

Who should look elsewhere

• Anyone expecting to pay AED 2 million; that figure is a stale listing
• Yield investors who need more than 5 per cent gross
• Buyers who want a quiet address away from the Palm's entrance traffic

Our verdict

Palm Beach Towers is the safest developer name on the Palm at the top of the Palm's price band, and the listed figure is a trap for the unwary: budget AED 3.7 million for a 1 bedroom, not 2. If you can, it is a lettable, visa-qualifying, liquid asset at the island's entrance with a handover due within a year. Compare it with Luce on the East Crescent and Jumeirah Asora Bay at La Mer, both on our Dubai section, or browse all projects.

Run this project's numbers yourself. The calculator opens on the price and unit size above; change the currency, the rent or the mortgage and it recalculates the fees, the cash you need on day one and the net rent.

FAQs

What is the price of Palm Beach Towers?

The source listing shows it from AED 2.0 M, about Rs 5.15 crore, which appears to be the 2021 launch price. Property Finder and brokers quote AED 3.7 million for a 943 sq ft 1 bedroom in 2026, about Rs 9.53 crore.

What is the payment plan?

15 per cent on booking, 45 per cent during construction, 40 per cent on handover. Add the 4 per cent DLD fee. Final as per the SPA.

When is handover?

Sources print Q1 2026, Q4 2026 and Q1 2027. The project is not fully completed as of September 2026; Nakheel publishes progress on its own site.

Is it registered with RERA?

Nakheel sells under DLD registration and escrow. The project number is not printed by the sources we checked; verify on the Dubai REST app.

Does it qualify for the Golden Visa?

Yes. The AED 2 million threshold is met by every unit at current prices.

What are the sizes?

1 bedrooms 910 to 1,169 sq ft, 2 bedrooms 1,431 to 2,833 sq ft, 3 bedrooms up to 3,192 sq ft and 4 bedrooms 3,311 to 3,885 sq ft.

What rental yield can I expect?

About 5 per cent gross and 3.5 to 4 per cent net on a 1 bedroom at current prices; Palm apartments average 4.5 to 6.8 per cent gross.

Can a foreign national buy, and how do Indian buyers fund it?

A couple can, over two or three financial years on the plan, at USD 250,000 per person per year (about AED 918,000 each). A single buyer would need a UAE mortgage for part of the price. Buyers of any other nationality can own on the same terms: Dubai's designated freehold areas are open to all nationalities, there is no residency requirement and no local partner, and the Land Department issues the title deed in your own name. Buyers of any other nationality can own on the same terms: Dubai's designated freehold areas are open to all nationalities, there is no residency requirement and no local partner, and the Land Department issues the title deed in your own name.

Who is Nakheel?

The master developer of Palm Jumeirah, Dubai Islands, Jumeirah Islands and Jumeirah Park, now part of the government-owned Dubai Holding.

Talk to Realty Hunting for Nakheel's current release prices at Palm Beach Towers, the construction progress and a viewing plan.