Palm Beach Towers 3
1 BR · Apartment
About the building
Located in Palm Jumeirah. Developer — Nakheel.
What the building has
- Swimming pool
- Parking
- Shops
- Sports courts
- Barbecue area
- Park and landscaping
Specifications for Palm Beach Towers per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
Where it is
Palm Jumeirah
The palm-shaped island: villas on the fronds, apartments along the trunk, resorts around the crescent.
- short-let income
- beachfront living
- capital preservation
What to check: Confirm in writing that the specific building permits holiday lets before you underwrite any short-let income, and model summer and winter occupancy separately — beach-driven demand falls sharply from June to September.
Full district guide →Questions and answers about lot P3-456549
How much is this 1-bedroom apartment in Palm Beach Towers 3?
Lot P3-456549 is priced at AED 4 606 560, about $1 254 000. The size is 909 sq ft (84 m²), which works out at AED 5 068 per sq ft.
Is there a discount on this lot?
There is no recorded price cut: the lot is in the database at the seller's asking price. The comparisons below show how that price sits against the market.
How does this price compare with other lots in Palm Beach Towers 3?
The database holds 6 lots in Palm Beach Towers 3 right now, from AED 3 750 000 to AED 4 650 000. 6 of them share this type and bedroom count: by price this lot ranks 5 of 6, cheapest first. At AED 5 068 per sq ft this lot is 36% above the median for the other lots in the project (AED 3 721).
Is this expensive or cheap for Palm Jumeirah?
The database holds 212 lots in Palm Jumeirah, starting from AED 1 220 000. The area median is AED 4 022 per sq ft; this lot, at AED 5 068, is 26% above it. 29 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Palm Jumeirah area guide →Is the property ready or still under construction?
According to the listing, the property is still under construction; the seller gives no handover date — I will confirm it with the developer when you ask.
Can I get a mortgage on this lot while it is still under construction?
During construction the buyer pays the developer under the payment plan — UAE banks grant standard mortgages on ready homes. A loan is possible for the final payment, once the property has its completion certificate.
Mortgage for the final payment →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 184 262 for this lot. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
On price, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 4 606 560. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →What is known about Palm Beach Towers 3?
The building has 51 floors and 1 265 units. The developer is Nakheel. Figures are from the project passport: Propsearch and the Dubai Land Department.
How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code P3-456549 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
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