Urgent Sale | 11.5% Below OP | 3 BR in Palm Beach Tower 1

Overview of the deal

This resale offers a 3 bedroom apartment in Palm Beach Tower 1 on The Palm Jumeirah, a tower by Nakheel that is still under construction. The asking price is AED 7,950,000. According to the owner's figures, that is 11.5% below the original price including the 4% DLD fee, a gap of AED 1,034,352.

In Dubai real estate, an urgent sale usually means the owner wants a quick transfer. You take over the seller's contract with Nakheel, unlike a new launch among the off-plan projects Dubai developers release. Completion is recorded for 1 December 2026, with handover in Q4 2026. The unit may already be reserved, sold or repriced, so verify every figure at enquiry.

The unit

The owner's details for the apartment:

• Bedrooms: 3

• Size: 2,738 sq ft

• Floor: between 27 and 31

• Views: Downtown Dubai and Burj Al Arab

• Balcony: yes

For a buyer comparing each 3 bedroom apartment Dubai has on the island, that mix of floor area and outlook is the place to start.

The building and community

Palm Beach Tower 1 stands on The Palm Jumeirah, the island Nakheel built off the Dubai coast. Like most Palm Jumeirah properties, its appeal comes from the island address and the sea around it. Nakheel projects also include Palm Jebel Ali, The World Islands, Dubai Islands and Jumeirah Park.

The tower belongs to the market for luxury apartments Dubai-wide with a sea setting. Its amenity list is not in our data yet, so ask us for the developer's specification.

Price, discount and payment position

The owner's breakdown, as supplied:

• Original price plus 4% DLD fee: AED 8,984,352

• Asking price: AED 7,950,000

• Discount: AED 1,034,352 (11.5%)

Due on transfer:

• Payment to the seller: AED 4,494,480

• DLD transfer fee (4% of the original price plus AED 40): AED 345,592

• Trustee office fee: AED 5,250

• Buyer's agency commission (2% plus VAT): AED 166,950

That totals AED 5,012,272. What remains of the payment plan Dubai buyers usually spread over years is one instalment of AED 3,455,520 on handover, for a listed total cost of AED 8,467,792. The DLD fee is based on the original price, not the asking price.

Why this deal and for whom

The draw is the recorded discount, with the rest of the balance due only at handover. If you are comparing apartments for sale in Dubai with a near-term completion, this one asks for one transfer payment and one handover payment.

It suits a buyer who wants to buy property in Dubai on the Palm and can settle the transfer amount soon. If you see it as a Dubai property investment, judge it on verified figures and your own advice; no return or resale value is promised.

What happens next

Buying resale off-plan properties Dubai sellers transfer before completion follows this sequence:

• We confirm with the owner that the unit is available at this price.

• You review the sale documents, payment history and Nakheel's handover date.

• You agree terms and sign the sale agreement.

• The developer issues its no-objection certificate.

• The transfer completes at a trustee office.

• You pay the handover instalment.

Mahboob Estate handles each step. Terms on properties for sale in Dubai can change from one day to the next.

That is why a real estate agency Dubai buyers can call directly checks the latest status with the owner before you commit.

FAQ

Is the 11.5% discount guaranteed?

No. It is the owner's figure against the original price including the 4% DLD fee, and it is verified at enquiry.

How much is due on transfer?

The owner's breakdown shows AED 5,012,272 on transfer, with AED 3,455,520 left for handover.

When is completion?

Completion is recorded for 1 December 2026. Developer schedules can move, so check the current date with us.