Apartment for Sale in Palm Jumeirah by Nakheel
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Ready to Move

The Palm Tower

developer logoNakheel Properties
The Palm Tower, Palm Jumeirah, Dubai
Apartment
100% Completed

About Property

Welcome to The Palm Tower Residences, a prestigious development by Nakheel offering luxurious Studios, 1, 2 & 3 bedroom apartments located in the heart of Dubai on Palm Jumeirah. This iconic 52-storey tower is the tallest development structure in the region, boasting 432 luxury apartments and a world-class St. Regis Dubai hotel. Residents will have access to the hotel's amenities, including the world’s highest infinity pools on the 50th floor, a 51st floor restaurant, and a viewing deck on the 52nd floor, offering one of the most exclusive and luxurious addresses in the city.

Each apartment at The Palm Tower Residences provides unobstructed panoramic views of the Dubai skyline, the iconic landscape of Palm Jumeirah, and the shimmering blue waters of the Arabian Gulf. The first 18 floors of the tower are dedicated to the five-star, 290-room hotel, giving residents access to a variety of services, dining options, and leisure amenities. Additionally, a magnificent rooftop restaurant, viewing tower, and infinity pool are available for residents to enjoy.

The contemporary design of the apartments is complemented by luxurious fixtures, stylish furniture, and a range of features designed to maximize space and enhance the overall living experience. Enjoy every comfort and amenity expected of an ultra-modern, luxury residence, including a shared pool, concierge service, security, broadband internet, and a welcoming lobby.

Discover sophisticated living at The Palm Tower Residences, where attention to detail and convenience are prioritized to ensure a comfortable and enjoyable lifestyle. Prices for these luxurious apartments range from 0 - 0 AED, making it an attractive option for those seeking a prestigious and modern living space in Dubai.

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Amenities

Shared Pool
Shared Pool
Broadband Internet
Broadband Internet
Lobby
Lobby
Concierge Service
Concierge Service
Security
Security

Location

The Palm Tower, Palm Jumeirah, Dubai

Transaction History

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Overview

Why Invest in Dubai?

High Rental Income

Dubai real estate offers lucrative rental yields for property investors.

Tax-Free Investing

Dubai has no income or property taxes, allowing your investments to grow tax-free.

World-Class Education

Dubai has prestigious international schools for top-notch education.

Safe and Secure

Dubai offers safety and stability for families and investors.

Lifestyle & Leisure

Dubai offers abundant amenities and entertainment for an enjoyable lifestyle.

Residency Benefits

Investing in Dubai real estate enables residency for your family.

Frequently Asked Questions

What is Kyna and how does it differ from other real estate platforms in Dubai?

Kyna is a unique real estate platform in Dubai that places a strong emphasis on transparent and genuine guidance for investors. Here’s how Kyna stands out:

  • Genuine Guidance: Kyna focuses on building real relationships, assisting investors at every turn.
  • Transparent Pricing: Prioritizing affordability, Kyna ensures no hidden costs and maximizes your savings.
  • Bespoke Tours: Tailored real estate tours and insightful investment advice for informed decisions.
  • AI-Powered Insights: Advanced AI tools speed up searches and offer insights into current and future property values.
  • Data Trustworthiness: Kyna's commitment ensures your personal information remains confidential and secure.
  • Visa Assistance: Simplifying the process, Kyna aids clients in obtaining their Dubai residential visas.

What are the regulations for owning property in Dubai as a foreigner?

Foreign nationals can own property in designated freehold zones in Dubai. They can secure absolute ownership rights for up to 99 years without leasehold or usufruct obligations. Title deeds are issued by the Dubai Land Department, and there are no age restrictions on property ownership. Notable freehold areas include Business Bay, Downtown Dubai, Discovery Gardens, Palm Jumeirah, and DIFC Dubai.

Are there any restrictions on the types of properties foreigners can buy in the UAE?

Foreign nationals can buy property with complete ownership rights in designated freehold zones. In other areas, they may only have tenancy rights over the physical structure. Freehold property owners may also be eligible for the UAE Golden Visa. It is advisable to seek independent legal and tax advice before making any decision.

How does the property buying process in Dubai differ from other emirates in the UAE?

In Dubai, property buyers must validate the property title deed with the Dubai Land Department (DLD) before registering the property. Costs involved include transfer fees, registration fees, and service charges. There are specific laws governing property ownership by foreign nationals. Understanding financing laws, mortgage requirements, and lease agreements is crucial. It is recommended to seek independent legal and tax advice.

What are the key benefits of investing in property in Dubai or the UAE?

Key benefits include:

  1. Stable and growing economy
  2. Tax advantages (no personal income tax, no capital gains tax)
  3. High rental yields
  4. High standard of living
  5. Continuous infrastructure development
  6. Freehold ownership for foreigners
  7. Diverse property types
  8. Status as a global business and tourist hub
  9. High-quality real estate
  10. Potential eligibility for residency or long-term visas
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