Nakheel’s Palm Tower reaches 95% completion mark
240-metre tower is in the advanced stages of fit out, with all exterior cladding completed
The Palm Tower, Nakheel’s new 52-storey landmark development on Dubai’s Palm Jumeirah is now almost 95% complete, with all components due to open by October this year, the developer has said.
Standing at a height of 240 metres above the world-famous island, the luxury mixed-use building is in the advanced stages of fit out, with all exterior cladding completed, a statement from Nakheel says.
Located at the heart of the Palm Jumeirah and connecting to Nakheel Mall, The Palm Tower offers all-round views of the island, the Arabian Gulf and the Dubai skyline – and world-class amenities for residents and visitors.
The building comprises of 432 luxury, fully furnished residences – which are due for handover from October this year, as well as a 290-room St. Regis hotel, opening this summer. The hotel and residences are topped off by a three-storey rooftop dining and leisure destination which includes The View observation deck, opening soon, as well as AURA Sky Pool, featuring one of the world’s highest infinity pools, and SUSHISAMBA, which will both open later this year.
Aqil Kazim, Chief Commercial Officer at Nakheel, said: “The Palm Tower is the latest, iconic addition to Palm Jumeirah and Nakheel’s growing list of landmark projects across Dubai. Its unrivalled residential, hospitality and leisure components will further enhance Dubai’s position as a world-class destination for living, leisure and tourism.
“Capturing the attention of investors across the globe, The Palm Tower Residences is one of the most sought-after addresses in the region, offering the ultimate in high-rise living, with a host of amenities within the complex, an onsite Palm Monorail station and Palm Jumeirah’s diverse range of dining and leisure attractions on the doorstep.”
The studios and one-, two- and three-bedroom apartments occupy levels 19 to 47 of the building, with prices from $462,836. The St. Regis Dubai, The Palm will be located on the first 18 floors of the building.
