3-Bedroom Sea-View Apartment in Palm Beach Tower 1, Palm Jumeirah

Property Overview

This is a three-bedroom sea-view apartment on a low floor of Palm Beach Tower 1, Nakheel's Palm Beach Towers development at the gateway of Palm Jumeirah, offered as an off-plan resale at AED 6,250,000. The unit measures 1,847 sq ft, works out to about AED 3,384 per sq ft, and the agent reports handover in Q1 2027.

Property Highlights

• Asking price: AED 6,250,000
• Property type: 3-bedroom apartment
• Size: 1,847 sq ft
• Rate: approximately AED 3,384 per sq ft
• View: sea view (agent-stated)
• Floor: low floor (agent-stated)
• Handover: Q1 2027 (agent-stated)
• Building: Palm Beach Tower 1, Palm Beach Towers by Nakheel

Why This Listing Is Classified as Off-Plan Distress

The apartment is still under construction, with the agent reporting a Q1 2027 handover, and it is marketed as a hot resale deal. The brief did not supply the seller's original purchase price, a DLD transaction or dated market comparison, so DPF has not calculated a discount and does not present this as a below-OP or below-market listing.

The agent describes the price as the lowest in the market. That is the agent's own claim and has not been independently verified by DPF. Buyers should compare it with current resale asking prices and recent DLD transactions for three-bedroom units in Palm Beach Towers before making an offer.

About Palm Beach Towers and the Developer

Palm Beach Towers is a Nakheel residential development at the gateway of Palm Jumeirah, connected to the Palm Monorail. Nakheel lists an infinity swimming pool, private beach access, a sky lounge, a gym, a children's play area and an outdoor yoga space among the project amenities. The main contractor is Shapoorji Pallonji.

Nakheel's construction update from June 2026 reported overall progress of about 84 percent, with the structure complete and finishing and fit-out works underway.

Layout, Floor and View

The agent describes the unit as a three-bedroom apartment of 1,847 sq ft on a low floor with a sea view. Bathroom count, parking, balcony size, exact floor number and furnishing were not supplied and should be confirmed against the floor plan and SPA.

Payment Plan and Handover

The agent reports handover in Q1 2027. The amount already paid, the balance due to Nakheel and the developer's resale and transfer conditions were not supplied. Buyers should request the SPA and a developer statement of account to confirm these before committing.

Location and Connectivity

Palm Beach Towers sits at the entrance to Palm Jumeirah beside the Palm Monorail line. Nakheel lists Palm West Beach, Golden Mile Galleria, Al Ittihad Park and Nakheel Mall among the nearby destinations, each within a short drive according to the developer.

Verification Notes

• Agent-supplied: price, bedrooms, size, sea view, low floor, Q1 2027 handover and the lowest-market-price claim.
• Calculated by DPF: price per square foot from the asking price and stated size.
• External research: developer, amenities, contractor, construction progress and location from Nakheel's official project page.
• Not supplied: original purchase price, amount paid, bathrooms, parking, exact floor and unit number.