Nakheel Palm Central Private Residences on Palm Jebel Ali, Dubai

Palm Central Private Residences on Palm Jebel Ali in Dubai is a new waterfront residential development by Nakheel. The project is located in the central part of the island, next to the main Spine road and its own beach. There are 1, 2, 3, 4 and 5-bedroom apartments, 4-bedroom townhouses and 5-bedroom penthouses planned here. The architecture of this property in Dubai is designed for a resort lifestyle: cascading buildings with large terraces, panoramic floor-to-ceiling windows, bright double-height lobbies and green courtyards.

The 1-bedroom apartments at Palm Central Private Residences by Nakheel start from 735 sqft (68 m²), with 2-bedroom starting from 1235 sqft (115 m²), 3-bedroom from 2046 sqft (190 m²), 4-bedroom from 3880 sqft (360 m²) and 5-bedroom from 4812 sqft (447 m²). These townhouses on Palm Jebel Ali start from 3781 sqft (351 м²) and penthouses from 9796 sqft (910 m²). The interiors of properties at Palm Central Private Residences by Nakheel feature neutral natural tones, stone and wood, and integrated lighting. Open-plan kitchens with island, stone worktops and integrated appliances form a single area with the living room and terrace. Master bedrooms have walk-in wardrobes, spa-inspired baths and full-wall windows. The penthouses at Palm Central Private Residences by Nakheel are complemented by private terrace pools; ground floor townhouses have private patios and direct beach access.

Prices for these apartments on Palm Jebel Ali are as follows: 1-bedroom floor plans from 2 500 000 AED (680 700 $), 2-bedroom from 4 260 000 AED (1 160 000 $), 3-bedroom from 7 510 000 AED (2 044 900 $), 4-bedroom from 12 620 000 AED (3 436 400 $) and 5-bedroom from 17 580 000 AED (4 786 900 $). Townhouses at Palm Central Private Residences by Nakheel start from 14 180 000 AED (3 861 100 $) and penthouses from 31 810 000 AED (8 661 700 $). For buyers of this property in Dubai, there is an interest-free 70/30 payment plan with a 20% down payment. The completion date for these apartments on Palm Jebel Ali is Q3 2029.

The infrastructure of Palm Central Private Residences by Nakheel on Palm Jebel Ali covers the main scenarios of leisure and active lifestyle. For sports — padel court, outdoor fitness zone, yoga spaces, gym with fitness studio and beach volleyball. For relaxing by the water — a landscaped infinity pool with Jacuzzi, beach terrace loungers, beach cinema and lounge. For work — outdoor co-working area with panoramic views. For families — outdoor playground and indoor children's playroom. For meetings, a multi-purpose room, spacious lobby lounge and event space. Residents of properties at Palm Central Private Residences by Nakheel also have access to private garages and direct access to their own private beach.

Palm Jebel Ali is a large-scale island with a long coastline, promenades, parks, resorts and yacht clubs. Taking the Sheikh Zayed Road (E11) exit makes travelling around the city easy. Approximate travelling time: to Dubai Marina about 30 minutes, to Dubai International Airport (DXB) about 50 minutes, to Al Maktoum International Airport (DWC) usually 35-50 minutes. There is already a clear infrastructure forming around the area: near Dubai Parks and Resorts with theme parks and Riverland Promenade, a large shopping centre Ibn Battuta Mall, Expo City Dubai and the developing Dubai South area.

From an investment point of view, property at Palm Central Private Residences by Nakheel looks promising. The island is developing as a new destination for leisure and waterfront living, which tends to support demand for rental and resale properties in Dubai. The scarcity of waterfront properties, the growing popularity of the location, and the launch of new hotels, waterfronts and entertainment facilities are working in favour of payback. At an early stage of the project, buyers of these properties on Palm Jebel Ali are getting a price advantage over the finished product, and as the completion date approaches, interest in the location tends to increase. The average gross yields of apartments on Palm Jebel Ali are currently in the range of around 7.2-7.4% per annum.

Frequently Asked Questions of Nakheel Palm Central Private Residences