Property Overview
This 1-bedroom apartment with a study option in Palm Beach Towers 2 is located at the entrance of Palm Jumeirah and is offered as an off-plan resale at AED 2,600,000. The unit includes 1 bathroom and is delivered with unfurnished modern interiors. Residents will have direct access to a private beach, infinity pools, spa, fitness centre, sky lounge, yoga deck, sports courts and barbecue areas. The unit size has not been provided, so a price-per-square-foot rate cannot be calculated at this stage. Handover is targeted for Q4 2026.
Property Highlights
- 1 bedroom with study option
- 1 bathroom
- Unfurnished modern interior
- Off-plan resale, handover Q4 2026
- Private beach, infinity pools, spa and fitness centre access
- Sky lounge, yoga deck, sports courts and barbecue areas
- Pet-friendly facilities
Why This Is Listed as Off-Plan Distress
The agent describes this as a below-market off-plan resale and a waterfront investment deal. However, no original purchase price, DLD transaction benchmark or dated market comparable has been supplied with this brief. The asking price of AED 2,600,000 cannot be independently confirmed as below market until the agent provides a dated reference point. This listing remains in Draft status pending that evidence.
Buyers should request the seller's original SPA, payment history and any premium or discount relative to the original developer price. The remaining payment obligations and any assignment or novation requirements should be confirmed with the developer before proceeding.
Note on the Yield Claim
The agent describes this as a high-yield waterfront investment opportunity. No rental income projections, comparable rental data, occupancy rates, service charges or net return calculations have been supplied. Buyers should not rely on any implied yield without requesting verified rental performance data or independent projections.
About Palm Beach Towers 2
Palm Beach Towers 2 is a 51-storey residential tower at the entrance of Palm Jumeirah, developed by Nakheel. The tower offers 1, 2, 3 and 4-bedroom apartments and penthouses with floor-to-ceiling glass windows, modern interiors and panoramic views of the Arabian Gulf, Palm Jumeirah and the Dubai skyline. It is the second of three towers in the Palm Beach Towers complex, connected by a retail podium with resort-style facilities.
Palm Beach Towers 1 and 2 both sold out ahead of the Tower 3 launch. DLD building records from May 2026 showed Tower 2 at 80 percent complete, with a targeted handover of Q4 2026. The original developer payment plan is structured as 60/40, with 15 percent at booking, 45 percent in five instalments during construction and 40 percent on handover. Ownership is freehold.
Amenities
Palm Beach Towers 2 offers residents access to a private beach, infinity pools, gym, spa, sky lounge, yoga deck, tennis and basketball courts, sports courts, jogging tracks, barbecue areas, children's play area, waterfront park and promenade, retail and dining outlets, concierge service, covered parking with over 1,250 spaces, 24-hour security and pet-friendly facilities.
Location and Connectivity
Palm Beach Towers 2 sits at the gateway to Palm Jumeirah, at the base of the trunk where the island meets the mainland. This position provides the most direct access of any Palm Jumeirah development to Sheikh Zayed Road, Dubai Marina and JBR. The Palm Monorail and tram stops are within walking distance. Nakheel Mall and dining destinations along the trunk and crescent are accessible via the trunk road.
Verification Notes
Unit-specific details, including bedroom and bathroom counts, study option, furnishing status and asking price, are sourced from the agent brief received on 9 September 2026. The unit size has not been provided. The yield claim is agent-stated and has not been verified with rental data. Project and developer facts are sourced from Nakheel project information, Property Finder developer page and DLD building records. DLD records from May 2026 showed 80 percent completion with a Q4 2026 handover target. No independent market evidence has been supplied to confirm below-market positioning. Buyers are advised to request the seller's original SPA, confirm remaining payment obligations and assignment requirements, and conduct independent due diligence before proceeding.