Palm Beach Tower 3 by Nakheel

About the project

Palm Beach Tower 3 is a residential project with a strategic location at the entrance of the community on Palm Jumeirah. The development company of the complex is Nakheel, and the anticipated date of handover is Q1 2026. One of the main features of the residential project is the direct monorail and tram access from the podium of the building.

Branded and fully furnished residences in Palm Beach Tower 3 are presented by 1–3 bedroom apartments, four-bedroom penthouses and full-floor units. Floor plans and sizes of residences in Palm Beach Tower 3 are spacious and larger than all similar projects on the market.

Palm Beach Tower 3 is a combination of both style and luxury, while every residence is the epitome of understated elegance. Apartments are fully-furnished by world-renowned designers B&B Italia, who will add their signature innovative and iconic style to every corner. The living and dining rooms will be airy and expansive with stylish and contemporary fixtures and furnishings throughout.

Key advantages

The residential complex is distinguished by its exclusive amenities, such as a business centre, direct access to a private beach, a rooftop residential lounge, as well as a rooftop restaurant with a viewing gallery which offers a 360-degree infinity view of Dubai. 

Other facilities in the development include a lobby, a multi-functional room, children’s playground, a yoga area, gymnasium, world-class spa facilities, an outdoor infinity swimming pool, a boat jetty, as well as a waterfront park and a promenade. 

Infrastructure

The residential development is surrounded by all the necessary objects of infrastructure including premium-class hotels, shops, restaurants, beaches and pharmacies. 

The nearest supermarkets are Spinneys, which is located on Palm Jumeirah and Stripes Supermarket LLC, which is located on the mainland. There are also many shopping malls within a 10-minute drive from Palm Beach Tower 3, including Nakheel Mall, Marinascape Mall, Dubai Marina Mall and Mall of the Emirates. 

Tower Clinic, Universal Hospital Services FZ LLC, and Al Das Medical Clinic are among the medical facilities that can be reached within 10 minutes’ by car.

There are various nurseries within the immediate vicinity of Palm Beach Tower 3, including Jumeirah International Nurseries, Blossom Palm Jumeirah Nursery and Redwood Montessori Nursery — Golden Mile 8 Palm. Families with children will appreciate the close proximity of Dubai Knowledge Park, which hosts numerous prestigious educational institutions. Hult International Business School Dubai, iCademy Middle East, The University of Manchester Middle East Centre, Middlesex University Dubai and SAE Institute Dubai are just a few of the schools and universities based in Knowledge Park.

The Palm Beach Tower 3 is advantageously located at the entrance of the sought-after community of Palm Jumeirah. The residential complex is close to one of the main highways of Dubai — the Sheikh Zayed Road, which provides easy connectivity to other parts of the emirate. Palm Gateway Monorail station and several bus stops are within walking distance from the complex, for those who prefer to use public transport.

Neighbouring districts include Dubai Marina, with its famous man-made canal and yachts berths. There are plenty of promenade zones, cafes, outdoor restaurants and stores all along the Dubai Marina - perfect for tourists and locals to enjoy. Dubai Harbour, which boasts the most advanced cruise terminal and the largest marina in the region, can be reached within 5 minutes’ by car.

For residents of Palm Beach Tower 3 who are looking for an active lifestyle, Nemo Diving Center, Skydive Dubai, The Walk at JBR and Emirates Golf Club are all within a 10 minute drive.

The adjacent Dubai Media City and Dubai Internet City districts are home to various media, technology and innovation companies, as well as a large open-air amphitheatre.

Travel time to Business Bay and Downtown Dubai is no more than 20 minutes’ by car. Dubai International Airport is a 25-minute drive away and Al Maktoum International Airport can be reached within 35 minutes.

Economic attractiveness

The Palm Beach Tower 3 complex offers elevated beachside living with incredible views and exceptional amenities, such as a business centre, a rooftop residential lounge, and world-class spa facilities, just to name a few. Residents of the development will enjoy easy access to key areas of the emirate, as well as various attractions around the rest of Dubai.

Residences in Palm Beach Tower 3 are a profitable investment for leasing or resale. The modern residences will be in high demand among young couples, business professionals and families with children. As of Q3 2022, apartments in the development will bring an estimated ROI between 3–4%.The starting rental price for a one-bedroom residence in the area constitutes AED 70K (USD 19K) per annum.