Palm Beach Towers
Palm Beach Towers by Nakheel on Palm Jumeirah: handover and completion date of 31 December 2026, DLD progress by tower, launch and resale prices, and the 15/45/40 payment plan.
Short answer
Palm Beach Towers has a registered completion date of 31 December 2026 for all three towers, and Nakheel gives Q4 2026. At the DLD inspection on 12 August 2026, Tower 1 was 82.83% complete, Tower 2 81.56% and Tower 3 74.27%. Launch prices started from about AED 3.7 million, with 40% of the price due on handover, and DLD sales in the three towers have run at about AED 3,160 to AED 3,590 per sq ft.
- Status
- under construction
- Handover date
- Q4 2026 (Nakheel); DLD registered completion date 31 Dec 2026 for all three towers; podium villas H1 2027
- Construction
- Tower 1 82.83%, Tower 2 81.56%, Tower 3 74.27% complete (DLD inspection, 12 Aug 2026)
- Payment plan
- 15% booking, 45% during construction, 40% on handover (agent listings); no post-handover plan
- Starting price
- From AED 3,701,000 at launch (agent listings)
DLD registered completion date
31 Dec 2026
All three towers, DLD project register via Continental Club
Construction progress
74.27% to 82.83%
DLD inspection, 12 Aug 2026 (Tower 3 lowest, Tower 1 highest)
Registered homes
1,066
285 in Tower 1, 321 in Tower 2, 460 in Tower 3 (DLD register)
Launch price
From AED3,701,000
Agent listings (Dubai Project Launch, Projects Scout)
When will Palm Beach Towers be handed over?
Nakheel gives a Q4 2026 handover for Palm Beach Towers. The DLD project register holds a registered completion date of 31 December 2026 for each of the three towers, registered as Palm Beach Towers 1, 2 and 3 by The Palm Jumeirah Company, a Nakheel subsidiary. Bayut reported the same December 2026 date in August 2024.
Some agent listings still show an older target of January 2026 (Q1 2026), so portals disagree. The 16 podium villas that Nakheel added on 19 May 2026 carry a separate H1 2027 date.
Building-by-building dates and how the date has changed: Palm Beach Towers handover date.
Palm Beach Towers construction update
The DLD register records construction starting on 1 December 2022 for all three towers. Nakheel appointed contractors for Towers 1, 2 and 3 on 2 August 2023. At the latest DLD inspection, on 12 August 2026, the towers stood at:
- Tower 1: 82.83%, up from 80.70% on 19 May 2026
- Tower 2: 81.56%, up from 79.56% on 21 May 2026
- Tower 3: 74.27%, up from 71.44% on 19 May 2026
Each tower gained only 2 to 3 points between May and August 2026. Between 17% and 26% of the work remained with under five months to the registered date. A June 2026 review put Nakheel’s own figure at 78.94% on 10 March 2026, with the main structure complete and finishing works under way (Zeyad Eid, 1 Jun 2026).
Palm Beach Towers homes and sizes
The project was first started in 2007 as The Palm Gateway and stalled. Nakheel relaunched it under the Palm Beach Towers name in 2022 (Propsearch). The register describes three towers of 34, 36 and 47 floors over a shared 15 level podium. Homes are sold furnished.
| Home type | Tower 1 | Tower 2 | Tower 3 |
|---|---|---|---|
| 1 bedroom | 910 to 988 sq ft | 921 to 1,156 sq ft | 1,065 to 1,169 sq ft |
| 2 bedroom | 1,419 to 1,700 sq ft | 1,535 to 1,776 sq ft | 1,356 to 3,337 sq ft |
| 3 bedroom | 1,938 to 2,860 sq ft | 2,574 to 2,748 sq ft | 2,146 to 2,147 sq ft |
| 4 bedroom | 3,464 to 3,890 sq ft | 3,302 to 3,698 sq ft | 5 units, register sizes unclear |
| Registered homes | 285 | 321 | 460 |
Sizes are DLD register ranges, excluding the smallest and largest 5% of each type (Continental Club, October 2026).
Palm Beach Towers prices and resale
Agent listings give a launch price from AED 3,701,000 (Dubai Project Launch; Projects Scout). Most homes were sold early: the register shows 365 sales in Tower 1, 380 in Tower 2 and 455 in Tower 3, with 283 of Tower 1’s sales in 2022.
| Tower | Median 1 bedroom price | Median price per sq ft |
|---|---|---|
| Tower 1 | AED 2,947,000 | About AED 3,222 |
| Tower 2 | AED 3,378,800 | About AED 3,164 |
| Tower 3 | AED 3,908,800 | About AED 3,585 |
Figures are medians of DLD sales to 8 October 2026 (Continental Club), converted from per square metre. Recent sales in Tower 2 on 12 August 2026 included a 4 bedroom at AED 11,800,021 and a 3 bedroom at AED 8,500,001.
Palm Beach Towers payment plan
Agent listings give 15% on booking, 45% in instalments during construction and 40% on handover, with no payment after handover (Dubai Project Launch; Projects Scout). A June 2026 review described the same 60/40 split and some units offered on 30/70 terms (Zeyad Eid). With the towers past 74% complete, most construction instalments on early contracts have fallen due. The 40% handover payment is the large one left.
Palm Beach Towers developer and delivery record
Nakheel is the master developer of Palm Jumeirah and is now part of Dubai Holding Real Estate. Towers 1 and 2 had sold out by 4 October 2022, when Nakheel launched Tower 3 with more than 300 homes. In August 2023 Nakheel said the project held over 1,000 units, close to the 1,066 now registered. The plot has a longer history: as The Palm Gateway it was first due in 2011, and Propsearch records a revised Q1 2018 date before the 2022 relaunch.
What to check before buying at Palm Beach Towers
- Which tower the unit is in. Tower 3 was about 8 points behind Tower 1 in August 2026, and both carry the same registered date.
- The SPA completion date and grace period, given the slow progress between May and August 2026.
- The cash or mortgage needed for the 40% handover payment, which falls due when Nakheel issues the completion notice.
- Whether a resale includes the furniture package, since homes were sold furnished.
Palm Beach Towers location: Palm Jumeirah, Dubai
Map shows the area. Check the exact plot in the developer's site plan or the DLD project record. Check any project's DLD status.
Research on Palm Beach Towers
Questions buyers also ask
What is the Palm Beach Towers handover date?
Nakheel gives Q4 2026, and the DLD project register holds a registered completion date of 31 December 2026 for Towers 1, 2 and 3 (Continental Club, register updated 9 Oct 2026). The 16 podium villas Nakheel added in May 2026 are due in H1 2027.
What is the Palm Beach Towers completion date?
The registered completion date is 31 December 2026 for all three towers. At the DLD inspection on 12 August 2026 the towers were 82.83%, 81.56% and 74.27% complete.
What is the Palm Beach Towers price?
Agent listings give a launch price from AED 3,701,000. DLD sales medians are AED 2,947,000 for a 1 bedroom in Tower 1, AED 3,378,800 in Tower 2 and AED 3,908,800 in Tower 3 (Continental Club, transactions to 8 Oct 2026).
What is the Palm Beach Towers payment plan?
Agent listings give 15% on booking, 45% during construction and 40% on handover, with nothing after handover. A June 2026 review described the same 60/40 split and some units offered on 30/70 terms (Zeyad Eid, 1 Jun 2026).