Price trends
1 bedroom apartments rented in The Palm Tower and Palm Jumeirah
The data displayed is based on average prices and sizes of all 1 Bedroom apartments in The Palm Tower and Palm Jumeirah.
The Palm Tower
Key information
Length of stay:
Short term: 3.91%
Long term: 96.09%
Renewal rate:
Avg. 26.96%
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.
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Price Insights in The Palm Tower
Average prices
| Type | Avg. Price (AED/ year) |
|---|---|
| Studio | 143,000 |
| 1 Bedroom | 262,000 |
The data displayed is based on average prices and sizes of all 1 Bedroom apartments in The Palm Tower and Palm Jumeirah.
Comparable prices
Average price of a 1 bedroom apartment nearest to The Palm Tower
The data displayed is based on average prices and sizes of 1 bedroom apartment rented in the last 3 months.
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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.
