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

Property Overview

This is an off-plan three-bedroom apartment on a low floor of Palm Beach Tower 1, Palm Jumeirah, offered at AED 5,870,000 for 1,847 sq ft of built-up area, about AED 3,178 per sq ft. It has a sea view and two parking spaces, with handover stated by the agent as Q1 2027. The agent describes it as a time-limited distress resale.

Property Highlights

• Asking price: AED 5,870,000
• Built-up area: 1,847 sq ft
• Price per sq ft: approximately AED 3,178
• Bedrooms: 3
• Floor: low floor
• View: sea view
• Parking: 2 spaces
• Handover: Q1 2027 (agent-stated)
• Offer window: five days from 19 October 2026 (agent-stated)

Why the Listing Is Classified as Off-Plan Distress

The apartment is an off-plan resale ahead of handover, and the agent presents it as a short-window offer at what they describe as the lowest market price on Palm Jumeirah for a three-bedroom unit. The brief does not supply an original purchase price, a market figure or a DLD transaction, so DPF cannot calculate a discount or verify the lowest-price claim.

Treat AED 3,178 per sq ft as the key figure to compare against other Palm Beach Towers resales and recent three-bedroom sales on Palm Jumeirah.

About the Project, Developer and Community

Palm Beach Tower 1 is the first building in Nakheel's Palm Beach Towers development on Palm Jumeirah. Project marketing describes residential floors above a parking podium, a landscaped podium level with pools and leisure space, and private beach access for residents. These are developer-stage descriptions; final specifications should be checked against Nakheel documentation and the SPA.

Palm Jumeirah is Nakheel's palm-shaped island and one of Dubai's best-known waterfront communities, with beachfront residences, hotels and dining along its trunk and crescent.

Layout, Floor and View

The agent states the apartment has three bedrooms, sits on a low floor, faces the sea and includes two parking spaces. The brief does not give bathroom count, unit number or exact orientation, so those are not listed here.

Payment Plan and Handover

The agent states handover is expected in Q1 2027. The brief does not include the amount paid to date or the remaining payment schedule. Confirm the outstanding balance, the developer's current handover estimate and Nakheel's resale or transfer requirements against the SPA before committing.

Location and Connectivity

Palm Beach Towers is on Palm Jumeirah, with access to the island's beaches, hotels and dining. DPF does not quote travel times; check routes to your regular destinations at normal travel hours.

Verification Notes

• Agent-supplied: price, size, bedrooms, low floor, sea view, two parking spaces, Q1 2027 handover, five-day offer and lowest-price claim.
• DPF-calculated: price per sq ft.
• External research: developer and general project description from published marketing; not yet confirmed against an official Nakheel page.
• Not supplied: original purchase price, amount paid, payment schedule, bathrooms and a market benchmark.