The Palm Tower

Key information

Length of stay:

Short term: 3.65%

Long term: 96.35%

Renewal rate:

Avg. 30.34%

Rental yield:

Avg. 6.2%

About The Palm Tower


The Palm Tower is an iconic mixed-use skyscraper developed by Nakheel, rising 52 floors above the heart of Palm Jumeirah, Dubai. Completed in 2021, this architectural marvel is a landmark within the Palm Jumeirah community, seamlessly blending luxury residences with a five-star hotel and world-class amenities. The tower offers a selection of studios, one-bedroom, and two-bedroom apartments, all designed for a contemporary, resort-inspired lifestyle. With its freehold ownership structure, The Palm Tower appeals to both local and international investors seeking a prestigious address with panoramic views and direct access to the vibrant Palm Jumeirah lifestyle.


Main Highlights & Amenities


The Palm Tower stands out for its sky-high luxury, direct connection to Nakheel Mall, and an array of amenities that set a new standard for upscale living in Dubai.


  • Developer: Nakheel
  • Location: Palm Jumeirah, Dubai
  • Building Type: Mixed-use (Residential & Hotel)
  • Available Unit Types: Studios, 1BR, 2BR apartments
  • Ownership Type: Freehold
  • Amenities:
    • Infinity sky pool on the 50th floor
    • Observation deck with panoramic views
    • Direct access to Nakheel Mall
    • State-of-the-art gymnasium
    • Spa and wellness centre
    • 24-hour concierge and security
    • Covered parking
    • High-speed elevators
    • Children’s play area
    • Housekeeping and maintenance services
    • Fine dining restaurants and cafes
    • Direct beach access via The Club
    • Valet parking

Location & Transportation of The Palm Tower


The Palm Tower is centrally located on the trunk of Palm Jumeirah, directly connected to Nakheel Mall and surrounded by luxury hotels, waterfront promenades, and vibrant retail destinations. Its prime position offers residents and guests sweeping views of the Arabian Gulf, Dubai Marina skyline, and the iconic Palm crescent. The area is renowned for its cosmopolitan ambiance, world-class leisure options, and seamless connectivity to the rest of Dubai via major roadways.

  • Al Ittihad Park Metro Station (Palm Monorail) – 5 minutes walk

  • Nakheel Metro Station – 10 minutes drive

  • Dubai Internet City Metro Station – 12 minutes drive

Properties in The Palm Tower


The Palm Tower offers a curated selection of studios, one-bedroom, and two-bedroom apartments, each designed for modern, resort-style living. These residences cater to singles, couples, and small families, as well as investors seeking high rental yields in a prime location. Notable design elements include floor-to-ceiling windows, open-plan kitchens, premium finishes, and balconies with breathtaking views of the sea, Palm Jumeirah, or Dubai skyline.


Explore Studio Apartments:



Explore 1 Bedroom Apartments:



Explore 2 Bedroom Apartments:





Price Insights in The Palm Tower



Average prices

TypeAvg. Price (AED/ year)
Studio145,000
1 Bedroom261,000

The data displayed is based on average prices and sizes of all 1 Bedroom apartments in The Palm Tower and Palm Jumeirah.

Recent rental transactions

DateRented Price (AED/Year)Contract StatusProperty TypeBedroomsSize (sqft)
15 Dec 2025 - 14 Dec 2026180,000
Renewed
Apartment1 Bed1144.63
15 Dec 2025 - 14 Dec 2026144,000
Renewed
Apartment1 Bed1145.39
15 Dec 2025 - 14 Dec 2026140,000
Renewed
Apartment1 Bed1306.63
15 Dec 2025 - 14 Dec 2026165,000
New
Apartment1 Bed1142.70
15 Dec 2025 - 14 Dec 2026155,000
New
Apartment1 Bed1692.95
16 Dec 2025 - 15 Dec 2026250,000
New
Apartment1 Bed1058.41
14 Dec 2025 - 13 Dec 2026150,000
Renewed
Apartment1 Bed1306.63
10 Dec 2025 - 9 Dec 2026180,000
New
Apartment1 Bed1295.97
15 Dec 2025 - 14 Dec 2026150,000
New
Apartment1 Bed1554.95
12 Dec 2025 - 11 Dec 2026165,000
New
Apartment1 Bed1144.63

The data displayed is based on average prices and sizes of all 1 Bedroom apartments in Palm Jumeirah.

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Comparable prices

Average price of a 1 bedroom apartment nearest to The Palm Tower
Palm ViewsEastAl HaboolAndaz DubaiThe PalmCheval MaisonThe PalmDubaiThe PalmTower50K100K150K200K250K300K

The data displayed is based on average prices and sizes of 1 bedroom apartment rented in the last 3 months.

Explore properties in The Palm Tower that match your interest

See All
  • Palm View | Furnished | Premium

    Apartment

    320,000 AED/year

    The Palm Tower, Palm Jumeirah, Dubai

    1

    2

    1,113 sqft

  • Corner Unit | Available | Upgraded Furnishing

    Apartment

    290,000 AED/year

    The Palm Tower, Palm Jumeirah, Dubai

    1

    2

    1,115 sqft

  • Furnished | Marina View | Mall Access

    Apartment

    280,000 AED/year

    The Palm Tower, Palm Jumeirah, Dubai

    1

    2

    1,115 sqft

FAQs

Annual service charges in The Palm Tower vary by unit size and type, typically covering building maintenance, security, cleaning of common areas, and access to amenities such as the pool, gym, and concierge services. For the most accurate and current rates, it is advisable to consult Nakheel or the property management.