The Palm Tower

P1 — Delivered Off-Plan Primary
Developer Nakheel PJSC
Community Palm Jumeirah
Property type Apartment
Data updated Mar 31, 2026

The Palm Tower is a Delivered development by Nakheel PJSC in Palm Jumeirah. 432 units across 1 Bedroom (52%), Studio (45%), 2 Bedroom (2%). Over the trailing 12 months, 732 sales at a median of AED 3,700,000.

Key Metrics
Median Price
Value
AED 3,700,000
Change
57.4% YoY
Transactions
Value
732
Change
39 in period
Price / sqft
Value
AED 4,347
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 3,700,000
↑ 57.4% YoY
Transactions
732
↑ 39 in period
Price / sqft
AED 4,347
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
10.8%
Holding Period
Value
1.7 yrs
Liquidity
Value
9.0%
Price Dispersion
Value
13.1%
Ready Market Mix
Value
0.0%
Rental Activity
Value
32.4%
Capital Return
10.8%
Holding Period
1.7 yrs
Liquidity
9.0%
Price Dispersion
13.1%
Ready Market Mix
0.0%
Rental Activity
32.4%

Rental Performance

Rental Volume
Value
668
Avg Annual Rent
Value
AED 193,033
New Leases
Value
72.0%
Renewals
Value
28.0%
Rental Volume
668
Avg Annual Rent
AED 193,033
New Leases
72.0%
Renewals
28.0%

Unit Mix

By bedroom type
Studio 194 units · 45%
1 Bedroom 226 units · 52%
2 Bedroom 10 units · 2%
3 Bedroom 2 units · 0%

Transaction Breakdown

All time — 732 transactions
Off-Plan Primary
350
Off-Plan Secondary
41
Ready Primary
82
Ready Secondary
259

Price History

Median Price — The Palm Tower

Median prices in The Palm Tower have trended upward, rising 9% to AED 2.5M over the past 11 months.

Recent Transactions

Showing last 10 of 732
Date Type Price (AED) Size (sqft) AED/sqft
Mar 31, 2026 RP Secondary 4,600,000 1,056 4,353
Mar 30, 2026 RP Secondary 2,275,000 524 4,339
Mar 23, 2026 RP Secondary 2,310,000 523 4,409
Mar 10, 2026 RP Secondary 2,600,000 523 4,961
Feb 16, 2026 RP Secondary 5,110,000 1,115 4,581
Feb 03, 2026 RP Secondary 5,650,000 1,115 5,065
Jan 30, 2026 RP Secondary 4,550,000 1,108 4,103
Jan 29, 2026 RP Secondary 6,000,000 1,076 5,575
Jan 28, 2026 RP Secondary 2,300,000 523 4,392
Jan 22, 2026 RP Secondary 2,250,000 517 4,346

This project is in Palm Jumeirah

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