Palm Beach Tower 1
by Nakheel · 📍 Palm Jumeirah
Palm Beach Tower 1 is a project by Nakheel in Palm Jumeirah, Dubai. Nakheel states handover in December 2026. It was 83% built at the official RERA site inspection of 12 August 2026.
Official brochure
Full unit layouts & floor plans are inside the brochure. Source: independent listing source.
About the project
Palm Beach Towers 1 is an upcoming residential development in Palm Jumeirah featuring 1, 2 and 3-bedroom apartments. The project by Nakheel Properties will be a part of a three-tower complex positioned on the Trunk of the iconic man-made island. Each residence will embody understated luxury, fully furnished by the world-renowned designers at B&B, infusing every corner with their signature innovative and iconic style. The apartments will feature bright, sunlit interiors, high-end fixtures and breathtaking views of the stunning beachfront. Residents can enjoy various amenities, including an outdoor yoga area, a state-of-the-art gym, private beach access, an infinity pool and a sky lounge.
Construction progress
82.83% complete at the latest RERA site inspection on 12 Aug 2026; scheduled completion 31 Dec 2026.
Project register as of 16 Oct 2026.
| Inspection | Complete | Photos |
|---|---|---|
| 12 Aug 2026 | 82.83% | 11 |
| 19 May 2026 | 80.7% | 8 |
| 11 Feb 2026 | 77.01% | 8 |
| 23 Oct 2025 | 68.14% | 8 |
| 30 Apr 2025 | 63.62% | 12 |
| 23 Jan 2025 | 57.67% | 12 |
| 22 Sept 2024 | 50.31% | 6 |
| 28 May 2024 | 40.73% | 5 |
Escrow account 019000071402 at Mashreq Bank Psc. Payments for units in this project go into this account.
Official RERA site-inspection records for registered project #2406, updated daily. Tap a photo for the full-size original.
Amenities
How it compares in Palm Jumeirah
50 other off-plan projects in Palm Jumeirah · average entry price AED 13.28M
.webp)
Palm Beach Tower 1: questions and answers
What is the payment plan for Palm Beach Tower 1?
The payment plan published by Nakheel for Palm Beach Tower 1 is: 15% down, 45% pre-handover, 40% handover.
When is the handover of Palm Beach Tower 1?
Nakheel states handover of Palm Beach Tower 1 in December 2026. The Dubai Land Department project register lists the completion date of the project as December 2026.
How much of Palm Beach Tower 1 is built?
Palm Beach Tower 1 was 83% complete at the official RERA site inspection of 12 August 2026.
Is Palm Beach Tower 1 registered with the Dubai Land Department?
Yes. Palm Beach Tower 1 is registered with the Dubai Land Department as project number 2406, and its escrow account is held at Mashreq Bank Psc. By law, buyers' payments for an off-plan home in Dubai go into the project's escrow account.
Who is the developer of Palm Beach Tower 1?
Palm Beach Tower 1 is developed by Nakheel. The Dubai Land Department project register lists 95 projects for Nakheel: 56 delivered and 36 under construction.
Where is Palm Beach Tower 1 located?
Palm Beach Tower 1 is in Palm Jumeirah (The Palm Beach Towers), Dubai.
What unit types does Palm Beach Tower 1 offer?
The project has 285 units in the Dubai Land Department project register.
What is the average price per sqft in Palm Jumeirah?
Apartments in Palm Jumeirah sell for about AED 2,686/sqft (AED 28,909/m²), based on 685 registered sales in the last 12 months.
What rental yield can I expect in Palm Jumeirah?
Apartments in Palm Jumeirah yield about 4.6% gross, or about 4.2% net after service charges, based on 3,948 registered rent contracts and 685 sales in the last 12 months.
What are the service charges in Palm Jumeirah?
Service charges for apartments in Palm Jumeirah are about AED 11.67/sqft (AED 126/m²) a year, per an independent third-party source. The exact rate depends on the building, so confirm it with the developer before buying.
Explore more
✦ Want the full picture on Palm Beach Tower 1?
This page shows what we collected. Ask the AI to compare it against other projects, run the rental ROI and mortgage numbers, or check how its area is performing on real DLD sales.
Source: live new-projects feed. Prices are "starting from" figures where published. Always verify with the developer before transacting. Project details last checked on 12 Aug 2026.