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Ready building · Nakheel

The Palm Tower, Palm Jumeirah

Highlights

The Palm Tower at a glance

About The Palm Tower

The Palm Tower is a mixed-use building in Palm Jumeirah, Dubai, developed by Nakheel. It holds about 501 units: studios, 1-bedroom apartments, 2-bedroom apartments, 3-bedroom apartments, commercial units.

The building was completed in 2022 and has been in use for about 4 years. 38 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 4,054 per sq ft.

The Palm Tower is one of 148 buildings in Palm Jumeirah: 88 are complete and 22 are still being built.

The Palm Tower is an iconic 52-floor mixed-use development located on the renowned resort island of Palm Jumeirah in Dubai. Developed by Nakheel Properties and constructed by Trojan General Contracting, this architectural marvel offers a blend of luxury living and world-class hotel accommodations. This project overview will delve into the key features and amenities that make The Palm Tower a sought-after destination for residents and visitors alike.

Luxurious Hotel Accommodations

The Palm Tower is home to the prestigious 5-star St. Regis Dubai hotel, occupying the first 18 floors. This section consists of 290 hotel residences where owners can indulge in the opulence and services of a world-class hotel, including access to a spa, clinic, beauty salon, dry cleaning and laundry services.

Residential Units

From the 19th to the 47th floor, The Palm Tower offers a variety of studios and apartments for purchase, ranging from 1 to 3 bedrooms. These units come complete with a room for servants and private balconies, creating a comfortable and stylish living space.

Amenities for Residents

Residents of The Palm Tower can enjoy a range of amenities within the development, such as tennis and squash courts, barbecue areas, children's playgrounds, and ample parking facilities. The safety of all residents is ensured with round-the-clock security and video surveillance.

Location

Situated on Palm Jumeirah, The Palm Tower boasts a prime location near various attractions and facilities:

  • Direct access to Nakheel Mall, a shopping center featuring 350 stores, restaurants, a multiplex cinema, medical and fitness centers.
  • Proximity to Nakheel's Club Vista Mare and Palm Promenade West Beach, offering leisure and dining options.
  • The tower is directly connected to the mainland and the Atlantis Hotel via a monorail.

Accessibility

For added convenience, residents and visitors can easily access several prominent locations within reasonable travel times:

  • Burj Al Arab: 15 minutes by car.
  • The Walk JBR walking promenade: 15 minutes by car.
  • Dubai Mall: Approximately 20 minutes by car.
  • Dubai International Airport: Just 25 minutes away.

The Palm Tower offers a unique living experience, combining luxury, convenience, and a prime location, making it an exceptional choice for those seeking a remarkable lifestyle in Dubai.

In a nutshell

  • A mixed-use ready building
  • Located in Palm Jumeirah, Dubai
  • Developed by Nakheel
  • Completed in Q1 2022
  • Unit types: Studio, 1 Bed, 2 Beds, 3 Beds, Commercial
  • Sizes from 100 to 5,366,520 sq ft
  • Nakheel metro station 3.4 km away
Status
Ready
Developer
Nakheel
Location
Palm Jumeirah, Dubai
Completed
Q1 2022
Unit types
Studio, 1 Bed, 2 Beds, 3 Beds, Commercial
Prices from
AED 1.4M
Median price per sq ft
AED 4,054
Median gross yield
5.7%
Nearest metro
Palm Jumeirah, 2.3 km

Photos of The Palm Tower

Building details

Inside The Palm Tower

Properties in The Palm Tower

Studios in The Palm Tower

There are about 194 of these in The Palm Tower, from 490 to 600 sq ft. They have recently sold for a median of AED 2.2M, or AED 4,230 per sq ft. Owners who resold made a median 2% over what they paid.

1-bedroom apartments in The Palm Tower

There are about 225 of these in The Palm Tower, from 1,030 to 1,140 sq ft. They have recently sold for a median of AED 4.6M, or AED 4,330 per sq ft. Owners who resold made a median 16% over what they paid.

2-bedroom apartments in The Palm Tower

There are about 11 of these in The Palm Tower, from 2,110 to 5,090 sq ft. None has sold recently enough to quote a price.

3-bedroom apartments in The Palm Tower

There are about 2 of these in The Palm Tower, from 2,970 to 3,150 sq ft. None has sold recently enough to quote a price.

Commercial units in The Palm Tower

There are about 69 of these in The Palm Tower, from 100 to 5,366,520 sq ft. None has sold recently enough to quote a price.

Unit types in The Palm Tower with sizes, median prices and rents
Unit typeUnitsSizeMedian priceMedian rent
Studio194490 sqft45.5 sqmt – 600 sqft55.7 sqmtAED 2.2MAED 105K
1 Bed2251,030 sqft95.7 sqmt – 1,140 sqft105.9 sqmtAED 4.6MAED 242.5K
2 Beds112,110 sqft196 sqmt – 5,090 sqft472.9 sqmtNo recent sales–
3 Beds22,970 sqft275.9 sqmt – 3,150 sqft292.6 sqmtNo recent sales–
Commercial69100 sqft9.3 sqmt – 5,366,520 sqft498,566 sqmtNo recent sales–

Recent transactions in The Palm Tower

  • The Palm Tower

    Palm Jumeirah

    AED 3.7M

    AED 3,500 /sqftAED 37,674 /sqmt

    ReadyApartment
    1,057 sqft98.2 sqmt1 BedOwner3 Nov 2026

  • The Palm Tower

    Palm Jumeirah

    AED 2.1M

    AED 4,054 /sqftAED 43,637 /sqmt

    ReadyApartment
    518 sqft48.1 sqmtStudioOwner29 Oct 2026

  • The Palm Tower

    Palm Jumeirah

    AED 2.1M

    AED 4,054 /sqftAED 43,637 /sqmt

    ReadyApartment
    518 sqft48.1 sqmtStudioOwner29 Oct 2026

  • The Palm Tower

    Palm Jumeirah

    AED 4.4M

    AED 3,964 /sqftAED 42,668 /sqmt

    ReadyApartment
    1,110 sqft103.1 sqmt1 BedOwner21 Oct 2026

  • The Palm Tower

    Palm Jumeirah

    AED 2.1M

    AED 3,960 /sqftAED 42,625 /sqmt

    ReadyApartment
    524 sqft48.7 sqmtStudioOwner16 Oct 2026

  • The Palm Tower

    Palm Jumeirah

    AED 4.1M

    AED 3,958 /sqftAED 42,604 /sqmt

    ReadyApartment
    1,036 sqft96.2 sqmt1 BedOwner13 Oct 2026

  • The Palm Tower

    Palm Jumeirah

    AED 5.5M

    AED 5,218 /sqftAED 56,166 /sqmt

    ReadyApartment
    1,054 sqft97.9 sqmt1 BedOwner2 Oct 2026

  • The Palm Tower

    Palm Jumeirah

    AED 7.5M

    AED 6,924 /sqftAED 74,529 /sqmt

    ReadyApartment
    1,076 sqft100 sqmt1 BedOwner24 Aug 2026

  • The Palm Tower

    Palm Jumeirah

    AED 3.8M

    AED 3,622 /sqftAED 38,987 /sqmt

    ReadyApartment
    1,056 sqft98.1 sqmt1 BedOwner11 Aug 2026

  • The Palm Tower

    Palm Jumeirah

    AED 2.3M

    AED 4,302 /sqftAED 46,306 /sqmt

    ReadyApartment
    523 sqft48.6 sqmtStudioOwner15 Jul 2026

  • The Palm Tower

    Palm Jumeirah

    AED 2.1M

    AED 4,046 /sqftAED 43,551 /sqmt

    ReadyApartment
    524 sqft48.7 sqmtStudioOwner2 Jul 2026

  • The Palm Tower

    Palm Jumeirah

    AED 2M

    AED 3,728 /sqftAED 40,128 /sqmt

    ReadyApartment
    523 sqft48.6 sqmtStudioOwner5 Jun 2026

  • The Palm Tower

    Palm Jumeirah

    AED 2.1M

    AED 4,054 /sqftAED 43,637 /sqmt

    ReadyApartment
    518 sqft48.1 sqmtStudioOwner1 Jun 2026

  • The Palm Tower

    Palm Jumeirah

    AED 4.5M

    AED 4,058 /sqftAED 43,680 /sqmt

    ReadyApartment
    1,109 sqft103 sqmt1 BedOwner4 May 2026

  • The Palm Tower

    Palm Jumeirah

    AED 2.2M

    AED 4,256 /sqftAED 45,811 /sqmt

    ReadyApartment
    524 sqft48.7 sqmtStudioOwner9 Apr 2026

  • The Palm Tower

    Palm Jumeirah

    AED 2.2M

    AED 4,352 /sqftAED 46,845 /sqmt

    ReadyApartment
    494 sqft45.9 sqmtStudioOwner7 Apr 2026

  • The Palm Tower

    Palm Jumeirah

    AED 4.8M

    AED 4,313 /sqftAED 46,425 /sqmt

    ReadyApartment
    1,113 sqft103.4 sqmt1 BedOwner3 Apr 2026

  • The Palm Tower

    Palm Jumeirah

    AED 4.6M

    AED 4,352 /sqftAED 46,845 /sqmt

    ReadyApartment
    1,057 sqft98.2 sqmt1 BedOwner31 Mar 2026

  • The Palm Tower

    Palm Jumeirah

    AED 2.3M

    AED 4,342 /sqftAED 46,737 /sqmt

    ReadyApartment
    524 sqft48.7 sqmtStudioOwner30 Mar 2026

  • The Palm Tower

    Palm Jumeirah

    AED 100K/yr

    ApartmentNew contract
    524 sqft48.7 sqmtStudioto

  • The Palm Tower

    Palm Jumeirah

    AED 100K/yr

    ApartmentNew contract
    524 sqft48.7 sqmtStudioto

  • The Palm Tower

    Palm Jumeirah

    AED 245K/yr

    ApartmentNew contract
    1,114 sqft103.5 sqmt1 Bedto

  • The Palm Tower

    Palm Jumeirah

    AED 260K/yr

    ApartmentNew contract
    1,115 sqft103.6 sqmt1 Bedto

  • The Palm Tower

    Palm Jumeirah

    AED 230K/yr

    ApartmentRenewal
    1,109 sqft103 sqmt1 Bedto

  • The Palm Tower

    Palm Jumeirah

    AED 73.4K/yr

    ApartmentRenewal
    494 sqft45.9 sqmtStudioto

  • The Palm Tower

    Palm Jumeirah

    AED 110K/yr

    ApartmentNew contract
    601 sqft55.8 sqmtStudioto

  • The Palm Tower

    Palm Jumeirah

    AED 115K/yr

    ApartmentNew contract
    500 sqft46.5 sqmtStudioto

  • The Palm Tower

    Palm Jumeirah

    AED 190K/yr

    ApartmentNew contract
    1,039 sqft96.5 sqmt1 Bedto

  • The Palm Tower

    Palm Jumeirah

    AED 92K/yr

    ApartmentNew contract
    524 sqft48.7 sqmtStudioto

  • The Palm Tower

    Palm Jumeirah

    AED 115K/yr

    ApartmentNew contract
    523 sqft48.6 sqmtStudioto

  • The Palm Tower

    Palm Jumeirah

    AED 30K/yr

    ApartmentRenewal
    524 sqft48.7 sqmtStudioto

  • The Palm Tower

    Palm Jumeirah

    AED 235K/yr

    ApartmentNew contract
    1,109 sqft103 sqmt1 Bedto

  • The Palm Tower

    Palm Jumeirah

    AED 105K/yr

    ApartmentNew contract
    517 sqft48 sqmtStudioto

  • The Palm Tower

    Palm Jumeirah

    AED 250K/yr

    ApartmentNew contract
    1,075 sqft99.9 sqmt1 Bedto

  • The Palm Tower

    Palm Jumeirah

    AED 115K/yr

    ApartmentNew contract
    523 sqft48.6 sqmtStudioto

  • The Palm Tower

    Palm Jumeirah

    AED 105K/yr

    ApartmentNew contract
    517 sqft48 sqmtStudioto

  • The Palm Tower

    Palm Jumeirah

    AED 100K/yr

    ApartmentNew contract
    525 sqft48.8 sqmtStudioto

  • The Palm Tower

    Palm Jumeirah

    AED 240K/yr

    ApartmentRenewal
    1,057 sqft98.2 sqmt1 Bedto

  • The Palm Tower

    Palm Jumeirah

    AED 250K/yr

    ApartmentNew contract
    1,114 sqft103.5 sqmt1 Bedto

Every sale in The Palm TowerEvery rent contract in The Palm Tower

Available now

Properties for sale and rent in The Palm Tower

Units in The Palm Tower listed with fäm right now. Each listing has its own photos, price and the broker handling it.

Nearby amenities

Around The Palm Tower

Transportation near The Palm Tower

The nearest Dubai Metro station from The Palm Tower is Nakheel (red line, 3.4 km, about 9 min drive), then Dubai Internet City (red line, 3.7 km, about 9 min drive). Stations planned on new lines nearby include Palm Jumeirah (orange line, 2.3 km, about 7 min drive) and Knowledge Village (orange line, 2.5 km, about 7 min drive). Most residents will drive or take a taxi to the metro.

  • Palm JumeirahOrange line · 2.3 km · about 7 min drive
  • Knowledge VillageOrange line · 2.5 km · about 7 min drive
  • Media CityOrange line · 2.5 km · about 7 min drive
  • Al SufuohOrange line · 2.6 km · about 7 min drive
  • Mina SeyahiOrange line · 2.7 km · about 7 min drive
  • Marina TowersOrange line · 3.2 km · about 8 min drive

Shopping and groceries near The Palm Tower

The closest is Limited retail along Shoreline Apartments, 0.8 km from The Palm Tower (about 10 min walk).

  • Limited retail along Shoreline ApartmentsShopping Mall · 0.8 km · about 10 min walk
  • The PointeShopping Mall · 2.3 km · about 7 min drive
  • Spinneys / Emaar Towers, Dubai MarinaSupermarket · 3.2 km · about 8 min drive
  • Marina WalkShopping Mall · 3.4 km · about 9 min drive
  • Al Maya / Bahar 6, Jumeirah Beach ResidenceSupermarket · 4.1 km · about 10 min drive

Restaurants and hotels near The Palm Tower

The closest is The Residences, Palm Jumeirah, 0.2 km from The Palm Tower (about 2 min walk).

  • The Residences, Palm JumeirahHotel · 0.2 km · about 2 min walk
  • Marina View Deluxe Hotel ApartmentHotel · 0.4 km · about 5 min walk
  • Lotus Hotel Apartments & Spa - MarinaHotel · 0.5 km · about 6 min walk
  • Oceana, The Palm JumeirahHotel · 0.5 km · about 6 min walk
  • One&Only Royal MirageHotel · 2.2 km · about 6 min drive

Hospitals and clinics near The Palm Tower

The closest is Mediclinic - Al Sufouh, 2.6 km from The Palm Tower (about 7 min drive).

  • Mediclinic - Al SufouhHospital · 2.6 km · about 7 min drive
  • Cosmesurge & Emirates HospitalHospital · 3.1 km · about 8 min drive
  • Dr Marc Mueller VIP ClinicHospital · 3.3 km · about 9 min drive
  • Armada Medical CentreHospital · 4.4 km · about 11 min drive
  • Eternity Medicine Institute DubaiHospital · 4.6 km · about 11 min drive

Parks and leisure near The Palm Tower

The closest is JBR Beach, 4.2 km from The Palm Tower (about 10 min drive).

  • JBR BeachPark · 4.2 km · about 10 min drive

Schools near The Palm Tower

The nearest is Icademy Middle East Fz.Llc, 2.5 km away. Ratings are the KHDA's latest inspection grades.

  • Icademy Middle East Fz.LlcAmerican · KHDA: Not inspected yet · 2.5 km
  • Dubai CollegeUK · KHDA: Outstanding · 3 km
  • The International School of ChoueifatSABIS (UK/US) · KHDA: Acceptable · 3.3 km
  • GEMS Dubai American Academy - Dubai BranchAmerican - International Baccalaureate · KHDA: Outstanding · 4.3 km
  • GEMS Wellington International School - Dubai BranchUK - UK/IB - International Baccalaureate (1 · KHDA: Outstanding · 4.4 km
  • Regent International Private School L.L.CUK · KHDA: Very good · 4.5 km

Other buildings in Palm Jumeirah

Palm Jumeirah has 148 buildings. A few others to compare The Palm Tower with:

All 148 Palm Jumeirah buildings →

Things to consider about The Palm Tower

In its favour

  • An active resale market: 38 sales in the last year make it easier to price and to sell.
  • Owners who resold have made money: a median gain of up to 16%.
  • Ready to move into or let, with no construction risk.
  • Several schools within 3 km.

Worth checking

  • The nearest running metro station is 3.4 km away, so a car helps.

Specialists

Brokers who know The Palm Tower

These brokers handle sales and lettings in The Palm Tower and can tell you what is available now.

FAQs

The Palm Tower: questions answered

The Palm Tower was developed by Nakheel in Palm Jumeirah.

The Palm Tower is completed in Q1 2022.

Across its 19 most recent registered sales, The Palm Tower sold for a median of AED 4,054 per sq ft and AED 2.3M per unit.

Recent yearly contracts in The Palm Tower have a median rent of AED 115.0K.

The median gross yield on recently sold units in The Palm Tower is 5.7%: the rent the unit earned over its purchase price, before costs.

The Palm Tower has Studio (490 to 600 sq ft), 1 Bed (1,030 to 1,140 sq ft), 2 Beds (2,110 to 5,090 sq ft), 3 Beds (2,970 to 3,150 sq ft), Commercial (100 to 5,366,520 sq ft).

Palm Jumeirah is about 2.3 km from The Palm Tower.

The nearest schools include Icademy Middle East Fz.Llc (2.5 km), Dubai College (3 km), The International School of Choueifat (3.3 km).

Buying, selling or renting in The Palm Tower?

A broker who works Palm Jumeirah will tell you what is available and what comparable homes went for.

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