Palm Central Private Residences Phase 2

Key facts

Handover

Q3 2030

Status

Under construction

Ownership

freehold

Property types

apartment, townhouse

Availability

Available

Payment plan

Available units

Amenities

• Gymnasium
• Tennis Courts
• Yoga room
• Infinity Pool
• Golf Club and Clubhouse
• Barbecue Area
• Children's Play Area

Location

Palm Central Private Residences Phase 2 sits in Palm Jebel Ali.

Master plan

The developer’s own site plan for Palm Central Private Residences Phase 2, showing how the buildings, roads and open space sit together.

How Palm Central Private Residences Phase 2 compares

Entry here is AED 2.7M, against a median of AED 18M across the 30 priced projects in Palm Jebel Ali, which puts it above 1 of them and below 28. The plan opens at 20% down, against a Dubai median of 10%, so it asks 10% more up front than the typical plan. Handover lands in Q3 2030, alongside 8 other projects completing in the same quarter. Nakheel has 67 projects in our catalogue, 32 of them in Palm Jebel Ali.

Measured across our own catalogue of Dubai off-plan projects, refreshed with the source listings. Entry price is the lowest advertised unit price in a project, not an average transaction value.

What you pay, and when

The published payment plan is 20% on booking, 40% during construction and 40% at handover. At the AED 2,700,000 entry price, that is AED 540,000 to reserve a unit, AED 1,080,000 across the build, and AED 1,080,000 due on completion.

Dubai Land Department registration is charged at 4% of the purchase price on top, which is about AED 108,000 at this entry price. That 20% booking payment does not go to Nakheel directly: under Dubai's Law 8 of 2007 a registered project holds it in a RERA-supervised escrow account, drawn down against certified construction progress.

What the entry price works out at

The cheapest unit with a published size is 827 square feet at AED 2,700,000, which works out at AED 3,265 per square foot. Stated sizes run from 827 to 5,041 square feet.

Ownership and residency

Palm Central Private Residences Phase 2 is a freehold development, so a buyer of any nationality can own a unit outright and hold the title deed. The entry price is at or above the AED 2,000,000 property threshold for the 10 year UAE golden visa, so the cheapest unit in the development qualifies on its own.

Who it suits

The development is apartments and townhouses in 1 to 5 bedroom layouts. 1 bedroom units start at AED 2,700,000 and 5 bedroom units at AED 18,900,000, so one building covers a first rental purchase and a family home.

What is on site

Shared facilities recorded for Palm Central Private Residences Phase 2 lead with tennis courts, yoga room, infinity pool and golf club and clubhouse, alongside the gymnasium, barbecue area and children's play area that most Dubai developments carry.

Frequently asked