Rixos Dubai Islands
The Palm Tower
Prestigious development The Palm Tower Residences by Nakheel offers Studios, 1, 2 & 3 bedroom luxury apartments located at the heart of Dubai in Palm Jumeirah.
FACILITIES
- The View of The Palm
- Palm Monorail
- Nakheel Mall
- Beach Access
- Sports & Leisure Amenities
- Gymnasium
- Kids Play Area
- Parks and Leisure Areas
- Swimming Pool
Bedroom Apartment
- 1, 2 & 3
STARTING PRICE
- AED 1,700,000
LOCATION
- Palm Jumeirah
The Palm Tower Collection Summary
Home to residences and attractions, the Palm Tower soars 52 storeys into the sky, located at the heart of Palm Jumeirah. Situated on floors 19 to 47 of The Palm Tower, this exclusive collection of 432 fully furnished apartments offers panoramic island, water and skyline views. The residences comprise a mix of luxurious studios, one, two and three-bedroom apartments. It is also home to luxury hotel, The St. Regis Dubai, The Palm, the world’s highest infinity pool on the 50th floor, a restaurant on the 51st floor and The View at The Palm observation deck on the 52nd floor. The Palm Tower is one of Dubai’s most exclusive residential addresses, offering panoramic views of the Dubai skyline, the island’s landscape and the Arabian Gulf.
An impressive 52-storey tower rising in the sky and the tallest development structure of the region. Residents in the exclusive luxury apartments will enjoy striking, unobstructed panoramic views of the stunning Dubai skyline, the iconic landscape of Palm Jumeirah and the shimmering blue waters of the Arabian Gulf.
Offering every comfort and amenity expected of an ultra-modern, luxury residence, the first 18 floors of the tower will be a five star, 290 room hotel, offering residents access to a variety of services, dining and leisure amenities, as well as a magnificent rooftop restaurant, viewing tower and infinity pool, right on their doorstep.
FAQ
Yes, foreigners can buy property in Dubai. There are designated areas known as freehold areas where non-UAE nationals can own property outright. Popular freehold areas include Dubai Marina, Downtown Dubai, Palm Jumeirah, and Jumeirah Lakes Towers (JLT).
Besides the purchase price, buyers need to consider several additional costs, including a 4% Dubai Land Department (DLD) fee, a 2% real estate agent commission, mortgage registration fees if applicable, and possibly service charges or maintenance fees depending on the property.
The process of buying property in Dubai typically takes around 30 to 60 days. This includes time for securing financing (if needed), conducting property inspections, and completing legal paperwork.
Investing in Dubai property offers several benefits, including a tax-free environment, high rental yields, strong capital appreciation potential, and the ability to obtain a residency visa for investors. Additionally, Dubai’s strategic location and world-class infrastructure make it an attractive destination for property investment.