The Palm Tower
Nakheel · Palm Jumeirah · 449 homes · Completed
A completed Nakheel project in Palm Jumeirah: 449 homes, handed over in Apr 2022, two quarters after the Q4 2021 date on the register. Registered resales from Jul 2025 to Jun 2026 had a median of AED 4,351 per sqft, 1390% above the launch quarter.
Updated 27 Oct 2026Prices. Quarter by quarter since launch.
Every quarter as a table
| Quarter | Median AED/sqft | Sales |
|---|---|---|
| Q3 2015 | 292 | 20 |
| Q4 2015 | 309 | 124 |
| Q1 2016 | 297 | 28 |
| Q2 2016 | 3,365 | 14 |
| Q4 2016 | 3,161 | 18 |
| Q1 2017 | 3,245 | 10 |
| Q4 2018 | 3,089 | 16 |
| Q3 2019 | 3,448 | 18 |
| Q3 2021 | 2,946 | 12 |
| Q4 2021 | 2,948 | 54 |
| Q1 2022 | 3,167 | 21 |
| Q2 2022 | 3,194 | 61 |
| Q3 2022 | 3,418 | 46 |
| Q4 2022 | 3,483 | 57 |
| Q1 2023 | 3,651 | 17 |
| Q2 2023 | 3,834 | 25 |
| Q3 2023 | 3,900 | 18 |
| Q4 2023 | 3,811 | 20 |
| Q2 2024 | 4,110 | 11 |
| Q4 2024 | 3,856 | 15 |
| Q1 2025 | 4,250 | 15 |
| Q2 2025 | 4,078 | 13 |
| Q1 2026 | 4,392 | 13 |
Median AED per sqft of registered sales, off-plan and ready, through Q3 2026. Quarters with fewer than 10 sales are left out. The launch quarter is the first quarter with 10 or more sales.
Promised vs delivered. Launch to today.
16% over the Palm Jumeirah median.
The promised date is the completion date declared on the Dubai Land Department register. A handover is dated by the first ready-market sale on the register, which trails the keys. The launch price is the launch quarter’s median of registered sales, not a brochure. Area medians are every registered home sale in the area, Jul 2025 to Jun 2026.
Questions.
When was The Palm Tower handed over?
In Apr 2022, when the first ready-market sale was registered. The register declared completion for Q4 2021, so it handed over two quarters late.
What do homes in The Palm Tower sell for?
From Jul 2025 to Jun 2026, 35 homes sold on the register at a median of AED 4,351 per sqft and AED 2.6M per home. By unit type: Studio AED 2.25M (17 sales), 1 BR AED 4.7M (18 sales). These are registered deeds, not the developer's price list.
Who built The Palm Tower?
Nakheel. The project is registered to Nakheel on the Dubai Land Department register, which lists 81 projects for the developer in Dubai, 39 of them under construction. 4 of its 16 dated handovers came within 3 months of the promised date.
How many homes are in The Palm Tower?
449, as counted on the Dubai Land Department register. The declared mix: 194 studios, 224 1 BR, 11 2 BR, 1 3 BR.
