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THE PALM TOWER

Project

THE PALM - JUMEIRAH CO. (L.L.C)

Project typeBuildings

Master developerشركة نخيل (ش.م.خ)

Escrow agentبنك المشرق (شركة مساهمة عامة)

StatusFinished

Completed100%

Start2015-02-01

Handover2021-11-30

Buildings2

Shop311

PROJECT CONSISTS OF MIXED USED (HOTEL & RESIDENTIAL FURNISHES APARTMENT), (3B+LG+G+3P+MECH+47+MECH+R)BUILDING LOCATED IN PALM JUMEIRAH. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.

Buildings

THE PALM TOWER 1

Floors57

Shop3

Parking711

THE PALM TOWER 2

Floors8

Shop308

Parking3,065

Apartments

Studio194

1 B/R224

2 B/R11

3 B/R1

Shop

Shop16

Whole building

Whole building1

Hotel

Hotel1

Sized Partition

Sized Partition1

Official sales

Sales from 2015–2026

Number of sale deals741

Apartment741

Median sale price2,667,600 AED

Median price per sqft3,253 AED

Studio362

Median sale price1,754,543 AED

Median price per sqft3,095 AED

1 B/R355

Median sale price3,608,000 AED

Median price per sqft3,319 AED

2 B/R19

Median sale price8,534,000 AED

Median price per sqft4,060 AED

3 B/R5

Median sale price12,765,300 AED

Median price per sqft3,783 AED

Official rent

Rent from 2022–2026

Number of rent contracts689

Apartment689

Studio331

Median year rent120,000 AED

1 bedroom344

Median year rent240,000 AED

2 bedrooms11

Median year rent700,000 AED

3 bedrooms3

Median year rent1,200,000 AED