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Palm Central Private Residences

Palm Jebel Ali · Nakheel

Project factsheet

Developer Nakheel
Status Under construction
District Palm Jebel Ali
Layouts 1, 2, 3, 4 and 5 bedrooms
Handover Q4 2029

Layouts and the handover date come from the sales-launch announcement; the date of that announcement is shown next to the prices. It is what the developer claimed at launch, not a registry record — off-plan, phasing and dates get revised. I will send the current ones over WhatsApp.

About the building

Located in Palm Jebel Ali, currently under construction. Developer — Nakheel.

Specifications for Palm Central Private Residences as published by the developer — the project is under construction, so there is no Land Department record yet. They describe the whole building, not the individual unit.

About the project

Palm Central Private Residences is a residential complex of several buildings in Palm Jebel Ali, handover is due Q4 2029.

The developer is Nakheel.

Layouts, according to the sales-launch announcement — 1, 2, 3, 4 and 5 bedrooms.

The database currently holds 1 lot in this project, from 4 500 000 AED; 1 of them priced below the market, the deepest discount 3%.

The first residences from the state developer on Palm Jebel Ali: three buildings with apartments, townhouses and penthouses. One-bedrooms from AED 2.5 million in the first phase.

First phase

One bedroom from 74.4 m² — AED 2.5 million (USD 681,000). Two bedrooms from 118.8 m² — AED 4.26 million. Three bedrooms from 215.6 m² — AED 7.51 million. Townhouses from 373.7 m² — AED 14.18 million. Five bedrooms from 602.5 m² — AED 17.58 million. Penthouse from 910 m² — AED 31.81 million.

Payment plan: 20% down payment, 50% during construction, 30% at handover in Q4 2029.

Second phase

The developer moved on to residences after selling out all the archipelago's villas — around two thousand of them. The second phase launched at prices above the first.

One bedroom from 76.8 m² (827 sqft) — from AED 2.7 million. Two bedrooms from 112.9 m² — from AED 4.3 million. Three bedrooms from 189.4 m² — from AED 7.5 million. Four bedrooms from 303.7 m² — from AED 12.4 million. A four-bedroom townhouse from 370.8 m² — from AED 14.9 million. A five-bedroom townhouse from 468.4 m² — from AED 18.9 million.

Amenities: a private beach, an infinity pool, beach volleyball, a padel court, a fitness studio, barbecue areas, an events lawn, a clubhouse, a games room, a lobby lounge and kids' areas. Handover on the second phase: Q3 2030.

The growth argument

At launch, the developer cited an observation: the archipelago's villas gained around AED 1 million on average over eighteen months, and a similar scenario was expected for the first apartment launches.

That's an analogy, not a calculation. Villas and apartments are different markets with different buyer pools, and carrying dynamics from one over to the other guarantees nothing.

Areas, prices, payment plans and dates for both phases, amenities line-up — launch materials from 31 October 2025 and 9 June 2026. The observation about villa price growth is the selling side's own assessment.

Where it is

The pin is placed by district — I send the exact address on request.

Handover payment

A mortgage covers the final instalment

The final payment on this building falls in 2029 — 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.

Ask on WhatsApp

Frequently asked about Palm Central Private Residences

Who is the developer of Palm Central Private Residences?

Nakheel.

When is Palm Central Private Residences handed over?

The sales-launch announcement says Q4 2029. The date in the contract for a particular unit can differ — I check it before the deal.

What layouts are there in Palm Central Private Residences?

1-bedroom, 2-bedroom, 3-bedroom, 4-bedroom and 5-bedroom, according to the sales-launch announcement. Which sizes are actually free right now depends on what is on the market; I will send the current list.

Where is Palm Central Private Residences?

Palm Jebel Ali. Nakheel’s second palm: twice the size of the first, dredged in the 2000s, abandoned for fifteen years and relaunched in 2023.

How much does an apartment in Palm Central Private Residences cost?

The database currently holds 1 lot in this project, from 4 500 000 AED; 1 of them priced below the market, the deepest discount 3%. The list changes daily — I will send a fresh selection for the building on request.

In the news

What has been written about the building, its developer and Palm Jebel Ali

Where this project stands today

Message me for the free layouts in Palm Central Private Residences, the real entry price and what owners and tenants say — not the brochure copy.

Ask a question

Telegram is the fastest way — I answer personally.

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