Palm Beach Tower 1

P2b — Under Construction Off-Plan Primary
Developer Nakheel PJSC
Community Palm Jumeirah
Property type Apartment
Data updated Feb 19, 2026

Palm Beach Tower 1 is a Under Construction development by Nakheel PJSC in Palm Jumeirah. 278 units across 2 Bedroom (37%), 1 Bedroom (33%), 3 Bedroom (26%). Over the trailing 12 months, 363 sales at a median of AED 5,450,000.

Key Metrics
Median Price
Value
AED 5,450,000
Change
9.1% YoY
Transactions
Value
363
Change
21 in period
Price / sqft
Value
AED 3,564
Handover Status
Value
P2b
Change
Under Construction
Median Price
AED 5,450,000
↑ 9.1% YoY
Transactions
363
↑ 21 in period
Price / sqft
AED 3,564
Handover
P2b
Under Construction
Investment Analytics
Capital Return
Value
12.7%
Community avg
Holding Period
Value
5.5 yrs
Community avg
Ready Market Mix
Value
0.0%
Community avg
Capital Return
12.7%
Community avg
Holding Period
5.5 yrs
Community avg
Ready Market Mix
0.0%
Community avg

Rental Performance

Unit Mix

By bedroom type
1 Bedroom 91 units · 33%
2 Bedroom 103 units · 37%
3 Bedroom 71 units · 26%
4 Bedroom 13 units · 5%

Transaction Breakdown

All time — 363 transactions
Off-Plan Primary
278
Off-Plan Secondary
85

Price History

Median Price — Palm Beach Tower 1

Median prices in Palm Beach Tower 1 have declined significantly, down 29% to AED 5.0M over the past 8 months.

Recent Transactions

Showing last 10 of 363
Date Type Price (AED) Size (sqft) AED/sqft
Feb 19, 2026 OP Secondary 5,100,000 1,418 3,594
Feb 19, 2026 OP Secondary 5,100,000 1,431 3,563
Feb 19, 2026 OP Secondary 3,400,000 955 3,558
Feb 04, 2026 OP Secondary 4,900,000 1,524 3,214
Jan 22, 2026 OP Secondary 1,954,400 682 2,864
Jan 05, 2026 OP Secondary 2,639,400 923 2,857
Dec 29, 2025 OP Secondary 14,200,000 2,833 5,011
Dec 29, 2025 OP Secondary 2,068,800 773 2,673
Dec 15, 2025 OP Secondary 16,950,000 3,464 4,892
Dec 11, 2025 OP Secondary 14,000,000 2,553 5,481

This project is in Palm Jumeirah

See all community data: community KPIs, all projects, price trends, and community-level analysis.

View Palm Jumeirah analysis →

Similar Projects

By location, price, and property type
Emerald Kempinski Palm Jumeirah Residences & Hotel
Palm Jumeirah
Median AED 4,500,000
Txns 634
Palm Beach Tower 3
Palm Jumeirah
Median AED 4,388,800
Txns 445
Serenia Residences East (B)
Palm Jumeirah
Median AED 4,361,850
Txns 114
Serenia Residences West (C)
Palm Jumeirah
Median AED 4,150,000
Txns 143
Palm Beach Tower 2
Palm Jumeirah
Median AED 5,238,800
Txns 369