Nakheel releases last remaining units at The Palm Tower

Dubai developer Nakheel has released the last remaining apartments at The Palm Tower, its 52-storey development on Palm Jumeirah. This comes following the sale of more than 70 per cent of the units within The Palm Tower Residences.

Please contact me for prices and availability

According to Nakheel, the 240-m Palm Tower offers stunning sea, island and city views – and the ultimate in high rise living, leisure and hospitality.

The tower features 432 luxury, fully-furnished residences, a 290-room St Regis hotel and a three-storey, rooftop dining and leisure destination including The View observation deck. The View will be the first component of the tower to go live when it opens to the public later this month, it stated.

The remaining stocks are now available with new and exclusive deals including prices starting from AED1.7 million onwards, inclusive of the first five years’ service charges and all DLD fees.

Announcing this at Nakheel's virtual meeting, Chief Commercial Officer Aqil Kazim said: "We thank our partners for their continued support during the challenges caused by the pandemic. Despite the circumstances, we achieved AED2.2 billion worth of property sales last year, with 2021 also off to a strong start."

"We truly value our broker partnerships and look forward to further collaboration and success this year and beyond," noted Kazim.

The launch of the last remaining apartments comes just days after Nakheel announced that The Palm Tower is 95 per cent complete.

The Palm Tower has its own onsite Palm Monorail station and is directly connected to Nakheel Mall, with Al Ittihad Park and the island’s diverse range of leisure attractions on the doorstep.

The studios and one-, two- and three-bedroom apartments occupy levels 19 to 47 of the building. The St. Regis Dubai, The Palm, opening this summer, is on the first 18 floors,