The Palm Beach Tower 3 is strategically located at the entrance of Palm Jumeirah. It provides easy access to key areas of Dubai, including Dubai Marina, which is just a 15-minute drive away, and Downtown Dubai, reachable within 20 minutes. Dubai International Airport is less than a 25-minute drive from the development.
Residents will enjoy close proximity to a variety of entertainment and leisure activities. Within a 5-15 minute drive, you can reach Nakheel Mall with over 140 retail stores and 30 dining options, The Lost Chambers Aquarium, Aquaventure Waterpark in Atlantis, The Palm, The Walk at JBR, Ain Dubai—the world’s largest observation wheel, and Dubai Marina Mall.
Purchasing a unit in The Palm Beach Tower 3 offers a chance to live in one of the most desirable areas of Dubai, close to the Arabian Gulf and popular tourist attractions. The tower is planned for completion in two years and is an excellent investment opportunity with a prime location and high demand for rentals. The area boasts an average ROI of 6.4%, making it a lucrative investment option.
Yes, buying a residential property in The Palm Beach Tower 3 with a minimum cost of AED 2M allows you and your family to apply for a 10-year Golden UAE Visa. This visa provides benefits such as the ability to stay in the UAE without limits, obtain an Emirates ID and a driving license, and sponsor your family members. The visa can be renewed as long as you retain ownership of the property.
Due to its prime location and the high demand for accommodation in Palm Jumeirah, renting out a property in The Palm Beach Tower 3 is a viable option. With surrounding buildings primarily consisting of hotels, there is a consistent demand for rentals, making it an attractive choice for investors seeking a stable rental income.