2-Bedroom Marina-View Apartment in Palm Beach Towers, Palm Jumeirah – 8% Below OP

Property Overview

This 2-bedroom off-plan apartment in Palm Beach Towers by Nakheel, Palm Jumeirah, Dubai, is offered at AED 4,350,000 for 1,350 sq ft of built-up area. The asking price is AED 380,000 (8.0%) below the agent-stated original purchase price of AED 4,730,000, or about AED 3,222 per sq ft. The unit has a marina view and handover is expected at the end of 2026.

Property Highlights

• Property type: 2-bedroom apartment
• Project: Palm Beach Towers, Palm Jumeirah
• Developer: Nakheel
• Built-up area: 1,350 sq ft
• Asking price: AED 4,350,000
• Original purchase price (agent-stated): AED 4,730,000
• Discount to OP: AED 380,000 (8.0%)
• Price per sq ft: approx. AED 3,222
• View (agent-stated): marina view
• Handover (agent-stated): end of 2026

Why the Price Qualifies as Below OP

DPF classifies this unit as Below OP because the asking price is lower than the original purchase price supplied in the agent brief received on 20 October 2026. AED 4,730,000 minus AED 4,350,000 gives a saving of AED 380,000, or 8.0% of the original price, matching the agent's stated 8% discount. Dividing the asking price by 1,350 sq ft gives about AED 3,222 per sq ft.

The original price is agent-supplied and should be confirmed against the Sale and Purchase Agreement (SPA). The comparison is against the unit's own original price only and is not a claim that the unit is below current market value.

About the Project, Developer and Community

Palm Beach Towers is a residential complex by Nakheel on Palm Jumeirah. Project materials describe 1,265 units across the complex, with Tower 3 rising 51 storeys and offering 1- to 4-bedroom apartments and penthouses furnished by B&B Italia. Marketed facilities include a landscaped podium with a pool, a beach club, a gym, sports courts, a running track, barbecue areas and retail space.

The agent brief does not state which tower this unit is in. Confirm the tower and whether the furnishing package applies to this unit against the SPA.

Layout, Floor and View

The agent brief confirms a 2-bedroom layout of 1,350 sq ft with a marina view. The tower, floor, bathroom count and parking allocation were not supplied and are not stated here. Request the floor plan to confirm the layout and view orientation.

Payment Plan and Handover

The agent states the unit is off-plan with handover expected at the end of this year (2026) and describes the deal as "final price covered". The meaning of that phrase, the amount already paid and any balance due to Nakheel were not supplied. Buyers should confirm the payment position, outstanding balance and transfer requirements using the SPA and a Nakheel statement of account.

Location and Connectivity

Palm Jumeirah is Dubai's palm-shaped man-made island, linked to the mainland near Dubai Marina and Dubai Media City, with a monorail running along its trunk. DPF does not quote travel times without a verified source.

Verification Notes

• Agent-supplied facts: project, 2-bedroom type, 1,350 sq ft built-up area, asking and original prices, 8% discount, marina view, end-2026 handover and the "final price covered" note.
• DPF-calculated figures: AED 380,000 saving, 8.0% discount and approximately AED 3,222 per sq ft.
• External research: project facts from a broker project page for Palm Beach Tower 3; no official Nakheel page was retrieved.
• Not supplied: tower, unit number, floor, bathrooms, parking, furnishing and amount paid.