Palm Beach Tower 1 by Nakheel

Palm Beach Tower 1 is a residential tower by Nakheel at the Palm Gateway entrance of Palm Jumeirah, Dubai, and part of the Palm Beach Towers development. It contains 278 residential units in a mix of 1 to 4 bedroom apartments and duplex penthouses, with handover scheduled for Q4 2026.

The tower stands at the Palm Gateway, at the entrance of Palm Jumeirah where the trunk meets the mainland. Nakheel's Palm Beach Towers material notes tram and monorail access, and its location map places Atlantis, The Palm, Nakheel Mall, The Pointe and Palm West Beach within the surrounding district, with Sheikh Zayed Road on the mainland side.

It depends on the goal. The 1 and 2 bedroom apartments, from 921 to 1,994 sq ft (86 to 185 sq m), carry the lowest entry prices and the broadest rental and resale audience. The 3 bedroom apartments, from 2,150 to 2,745 sq ft (200 to 255 sq m), suit families who want space at the Palm entrance. The 4 bedroom apartments and duplex penthouses, from 3,100 to 8,500+ sq ft (288 to 790+ sq m), trade on size and scarcity, so they reward a longer holding horizon more than a quick exit.

Prices start from AED 3.25M ≈ USD 885K for a 1 bedroom apartment. 2 bedroom apartments range from AED 5.20M to 8.20M ≈ USD 1.42M to 2.23M, 3 bedroom apartments from AED 9.50M to 14.50M ≈ USD 2.59M to 3.95M, and 4 bedroom apartments and duplex penthouses from AED 18.00M to 65.00M+ ≈ USD 4.90M to 17.70M+. Final pricing depends on unit type, size, floor, view and availability.

Palm Beach Tower 1 follows a 60/40 payment plan: 15% on booking, 45% during construction, and the remaining 40% on completion. The current schedule and any remaining instalments should be confirmed with Nakheel, and the signed SPA governs.

The main addition is the 4% DLD registration fee, calculated on the purchase price and paid to the Dubai Land Department when the sale is registered. The price itself is paid according to the schedule attached to the specific unit's sale agreement. How the funds move matters as much as the amount: my guide on how to pay for property in Dubai compares the methods international buyers use, from manager's cheques to international transfers.

Handover is scheduled for Q4 2026. The August 2026 inspection recorded in the Dubai Land Department project register lists enabling, foundation and structure works as completed and internal works progressing at an advanced stage, with the external envelope, MEP and internal finishes progressing at different stages. Each dated reading is tracked in the Palm Beach Tower 1 construction updates guide.

Project visuals for Tower 1 show a business lounge and executive meeting room, a residents lounge, a lobby with reception area, an indoor children's play area, a landscaped podium entrance and a beachfront infinity pool. Nakheel's Palm Beach Towers brochure also lists a shared programme for the development that includes an indoor gym, spa, outdoor yoga area, multi-functional room, kids pool, boat jetty, private beach access, and a waterfront park and promenade.

Every unit is priced above the AED 2M ≈ USD 545K property investment threshold for the 10 year UAE Golden Visa, starting with the 1 bedroom apartments from AED 3.25M. Final eligibility is confirmed by the authorities on application, and the dedicated Palm Beach Tower 1 Golden Visa guide covers the steps in detail.

Yes, Palm Beach Tower 1 by Nakheel is a freehold property, open to all nationalities.

Yes. The full process, from reservation to SPA signing and registration, can be completed remotely, and I manage it end to end with the developer on your behalf. Each stage of a remote purchase is documented in my Dubai real estate guide library.

Off plan payments are made into the project's DLD-registered escrow account held with Mashreq Bank PSC and released to the developer only against verified construction progress, a framework regulated by the Dubai Land Department. Learn more in the Palm Beach Tower 1 escrow account guide.