Specifications for Palm Beach Towers Residences 1 per Propsearch and the Dubai Land Department.
They describe the whole building, not the individual unit.
About the project
Palm Beach Towers Residences 1 is a 51-storey mixed-use complex in Palm Jumeirah, currently under construction.
Height — 205 metres.
The database currently holds 8 lots in this project, from 3 200 000 AED.
The first tower of the complex at the entrance to Palm Jumeirah: 51 storeys, 205 metres, handover in Q1 2026. Our nine lots at AED 5,235/ft².
What it is
Palm Beach Towers Residences 1 is the first of three towers in the Palm Beach Towers complex, right at the entrance to Palm Jumeirah. The factsheet gives 51 storeys, a height of 205 metres and mixed-use status; the stage is under construction, with handover on our lots stated for Q1 2026.
The complex has a long and difficult construction history, and it applies to all three towers together. That history is covered on the complex's own page; this entry is about the first tower specifically and what our stock shows for it.
Our nine lots are one- to three-bedroom apartments sized 914 to 2,109 sq ft.
What the numbers show
Prices range from AED 3.2 million to AED 9.63 million. The average price per square foot is around AED 5,235 — a Palm-level price, but below the crescent's club-style buildings and above the mass-market development on the trunk.
We have no discount data for this tower in our sample: the field isn't filled in for a single lot. You can't judge negotiating room from our data here, and in talks you'll have to lean on deals in the neighbouring blocks.
The entrance position is a factor of its own. This is the Palm's best-connected spot: the monorail, Nakheel Mall, the road out. You pay for that convenience, but you don't get the open-sea view people come to the crescent for.
What to check
First, the construction history and current progress specifically on your tower. The complex's blocks are at different stages and carry different reputations in the market.
Second, the previous owner's entry price when buying an assignment. In a project with this much history, that's the best benchmark for what the lot is actually worth.
Third, what happens to supply on handover. The complex is large, and simultaneous delivery will add a lot of comparable lots to the Palm market.
propsearch factsheet (storey count, height, building type, district, stage) and our own stock as of 28 August 2026: 9 lots — price range, sizes, price per square foot, bedroom mix, handover date. The discount field for this address isn't filled in.
The final payment on this building falls in 2026 — under off-plan plans that is
40–60% of the price in one go. A UAE bank closes it: the flat becomes the security,
and nothing is added on top of what the developer has already been paid.
Up to 80% of the appraised value, no extra down payment
3.99% fixed for three years, up to 25 years in term
6–12 months before the keys — the bank wants six months of income history
Already been invoiced, or missed the date? That is not a dead end either — write and
we will look at what the developer will accept.
Frequently asked about Palm Beach Towers Residences 1
How many floors does Palm Beach Towers Residences 1 have?
51. The building has 205 m tall.
When is Palm Beach Towers Residences 1 handed over?
Construction is ongoing; the key-handover date for the unit you choose I check in the contract before you sign.
Where is Palm Beach Towers Residences 1?
Palm Jumeirah. The palm-shaped island: villas on the fronds, apartments along the trunk, resorts around the crescent.
How much does an apartment in Palm Beach Towers Residences 1 cost?
The database currently holds 8 lots in this project, from 3 200 000 AED. Prices move every day, so it is worth asking for the current list for this building.
Business Bay recorded 14 prime transactions in August 2026 against Palm Jumeirah's 10 — while Dubai-wide transaction volume fell 37% year-on-year and value fell 44%. Rental search demand rose 44% over the same period. What these seemingly contradictory numbers actually mean.
Knight Frank counted 219 Dubai home sales above $10m in 2022, 434 in 2023 and a record 435 in 2024 (about $7bn). In the first half of 2023 Dubai overtook New York, Hong Kong and London. How a shortage of supply made Palm Jumeirah the core of the market — the background to 2025–2026.
PASSO on Palm Jumeirah, Arancia Yards in City of Arabia and Soulever in Dubai Maritime City are all built by the same developer, BEYOND, yet each draws a different kind of investor. Why one brand does not mean one buyer profile.
On sales registered with the Dubai Land Department in the year to July 2026, Jumeirah 2 leads at about AED 7 560 per sq ft, followed by Trade Center 2, DIFC, Dubai Harbour and La Mer. The city median is about AED 1 716. How prices compare with rents, and when a costly square foot pays off.
ELA Residences is Omniyat’s ultra-prime scheme on the Palm Jumeirah crescent: Zaha Hadid Architects design, Dorchester Collection service, three- and four-bedroom homes and duplexes. Launched June 2024, under construction since May 2024, entry around AED 43m, handover still Q1 2028.
Knight Frank counted 500 Dubai home sales above US$10m in 2025, worth US$9.05bn, against 30 in 2020. The first half of 2026 added 296 more worth US$5.1bn, a half-year record. Where the money went and why the top of the market held up.
Altrata's Billionaire Census 2026 counts 43 billionaires living in Dubai, joint eighth among world cities with Shenzhen. The UAE has 59 with a combined $201bn. How that shows up in Dubai's AED 100m-plus villa market, and what it does not change for everyone else.
Dubai in 2024: 226 000 transactions worth AED 761bn (+36% and +20%) and 110 000 first-time investors, per the DLD. ValuStrat had prices up 27.5% — villas +31.6%, apartments +23.6%, Jumeirah Islands and Palm Jumeirah villas above 42%. Figures, leading districts and the September 2026 status.
By mid-2026, new-build homes above 1 million rubles per square metre are selling in 14 Moscow districts — four more than a year earlier. In Dubai that same price level remains the preserve of just four addresses: Jumeirah Bay Island, Palm Jumeirah, Emirates Hills and Downtown Dubai.
Where this project stands today
I will send the available layouts, the real entry price and what owners and tenants actually say about the building — without the brochure language.