Palm Beach Towers -1

1. Is it on schedule?83% built in August 2026 against a December 2026 handover: 17% left to build in 4 months · DLD inspection, 10 Aug 202683%Context
2. Is my money protected?Payments go to an escrow account at بنك المشرق (شركة مساهمة عامة), as registered with the Land DepartmentEscrowContext
3. Is the price fair?AED 3,564/sqft, 35.6% below the Palm Jumeirah off-plan median across 17 projects-35.6%Context
4. Is it selling?13 off-plan sales registered in the last 12 months, of 277 units; the latest on 4 Sept 202613Context
5. Who is building it?The Palm Jumeirah, licence no. 103Context

Sizes run from the 10th to the 90th percentile of registered floor area, so one mislabelled unit cannot set the range. A title is issued at handover: a live project shows few or none however many units have sold, and an untitled unit is not necessarily for sale.

Escrow agent

بنك المشرق (شركة مساهمة عامة)

Developer, as licensed

THE PALM - JUMEIRAH CO. (L.L.C) (no. 103)

Master developer

Nakheel

Registered start

December 2022

Configuration

3 Towers (B+G+15P+37/36/47+R) Residential+Commercal,The project designed to have a concrete structure and block with internal and external finishes.

Construction progress is DLD’s inspection of 10 Aug 2026. DLD’s published project register still lags it, so the later inspection is used and dated on its own. The developer is the company licensed to build it, by the register’s own licence number; the master developer owns the land under it and is often another company entirely. Off-plan price is the median of registered off-plan sales across this project’s published buildings, 12 months to 12 Oct 2026.

When will Palm Beach Towers -1 be completed?

The developer registered handover for December 2026, 4 months after DLD’s latest record, and the project was 83% built as of August 2026. A registered date is the developer’s own, not a delivery forecast. Dubai Land Department inspection of 10 Aug 2026.

What does Palm Beach Towers -1 cost per square foot?

AED 3,564 per sqft, the median of 13 registered off-plan sales in the 12 months to 12 Oct 2026; the median unit sold for AED 4.90M. That is 35.6% below the Palm Jumeirah off-plan median across 17 projects.

Is Palm Beach Towers -1 in escrow?

Yes: the Land Department register names بنك المشرق (شركة مساهمة عامة) as the project’s escrow agent, the bank that holds buyers’ payments for the developer. Dubai Land Department project register as of July 2026.

Who is the developer of Palm Beach Towers -1?

THE PALM - JUMEIRAH CO. (L.L.C), licence no. 103, by the register’s own licence number; the master developer that owns the land is Nakheel. Dubai Land Department project register as of July 2026.

How many units does Palm Beach Towers -1 have?

277 registered units, of which 0 have a title issued. A title is issued at handover, so a live project shows few or none however many units have sold. Dubai Land Department project register as of July 2026.