{
    "entity_type": "real_estate_project",
    "name": "The Pinnacle Palm Tower",
    "url": "https://continentalclub.ae/project/the-pinnacle-palm-tower-palm-jumeirah/",
    "language": "en",
    "developer": {
        "name": "Nakheel",
        "url": "https://continentalclub.ae/developers/nakheel/",
        "registry_name": ""
    },
    "location": {
        "community": "Palm Jumeirah",
        "url": "https://continentalclub.ae/location/palm-jumeirah/",
        "city": "Dubai",
        "country": "AE"
    },
    "dld": {
        "project_number": "1603",
        "status": "Ready",
        "completion_percent": 100,
        "inspection_date": "2022-03-14",
        "escrow_bank": "Mashreq Bank",
        "units_in_registry": 450,
        "inspections": [
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                "date": "2015-10-01",
                "completion_percent": 8.8
            },
            {
                "date": "2016-08-30",
                "completion_percent": 20.16
            },
            {
                "date": "2016-10-27",
                "completion_percent": 20.65
            },
            {
                "date": "2017-03-20",
                "completion_percent": 23
            },
            {
                "date": "2018-06-04",
                "completion_percent": 40.28
            },
            {
                "date": "2019-01-23",
                "completion_percent": 47.84
            },
            {
                "date": "2019-07-28",
                "completion_percent": 58.06
            },
            {
                "date": "2020-08-27",
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            },
            {
                "date": "2020-10-25",
                "completion_percent": 85.03
            },
            {
                "date": "2021-04-01",
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            },
            {
                "date": "2021-06-10",
                "completion_percent": 90.13
            },
            {
                "date": "2021-10-24",
                "completion_percent": 97.07
            },
            {
                "date": "2022-03-14",
                "completion_percent": 100
            }
        ],
        "pace": null
    },
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        "price_origin": "developer",
        "currency": "AED",
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        "handover": "Ready To Move in",
        "handover_from": "developer",
        "handover_registry": "",
        "stage": null,
        "payment_plan": "",
        "down_payment_pct": null,
        "service_charge_aed_sqft": null
    },
    "unit_types": {
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                "size_sqft_min": 500,
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                "type": "2 B/R",
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                "type": "3 B/R",
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                "type": "1 bedroom",
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                "type": "2 bedrooms",
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                "type": "3 bedrooms",
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        ],
        "scope": "all registered sales (DLD open data), medians over the whole period"
    },
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        "scope": "all registered sales and rental contracts of this DLD project number, grouped by calendar quarter and year; medians (upper median), AED; medians shown only where a period has 3+ records",
        "generated": "2026-11-10",
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                {"period":"2024-Q3","n":8,"median_price_aed":4000000,"median_aed_sqm":45336,"median_aed_sqft":4212,"resale_share_pct":100},
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        },
        "rent": {
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            "first_date": "2022-01-12",
            "last_date": "2026-11-05",
            "last_12m": {
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                "median_annual_rent_aed": 180000,
                "median_rent_aed_sqm_year": 2449
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                {"period":"2022-Q3","n":30,"median_annual_rent_aed":180000,"median_rent_aed_sqm_year":2000},
                {"period":"2022-Q4","n":25,"median_annual_rent_aed":190000,"median_rent_aed_sqm_year":2347},
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                {"period":"2023-Q2","n":38,"median_annual_rent_aed":175000,"median_rent_aed_sqm_year":2347},
                {"period":"2023-Q3","n":26,"median_annual_rent_aed":175000,"median_rent_aed_sqm_year":2194},
                {"period":"2023-Q4","n":43,"median_annual_rent_aed":210000,"median_rent_aed_sqm_year":2449},
                {"period":"2024-Q1","n":55,"median_annual_rent_aed":128125,"median_rent_aed_sqm_year":2573},
                {"period":"2024-Q2","n":40,"median_annual_rent_aed":220000,"median_rent_aed_sqm_year":2500},
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                {"period":"2025-Q2","n":35,"median_annual_rent_aed":143000,"median_rent_aed_sqm_year":2596},
                {"period":"2025-Q3","n":31,"median_annual_rent_aed":156000,"median_rent_aed_sqm_year":2500},
                {"period":"2025-Q4","n":50,"median_annual_rent_aed":220500,"median_rent_aed_sqm_year":2551},
                {"period":"2026-Q1","n":31,"median_annual_rent_aed":200000,"median_rent_aed_sqm_year":2628},
                {"period":"2026-Q2","n":24,"median_annual_rent_aed":142000,"median_rent_aed_sqm_year":2575},
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                {"period":"2026-Q4","n":31,"median_annual_rent_aed":125000,"median_rent_aed_sqm_year":2259}
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            "corridor": "annual rent per m2 between 50 and 20,000 AED"
        },
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            {"date":"2026-10-29","type":"Studio","bedrooms":0,"area_sqm":48.1,"price_aed":2100000,"aed_per_sqm":43632,"market":"resale"},
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            {"date":"2026-03-31","type":"1 B/R","bedrooms":1,"area_sqm":98.2,"price_aed":4600000,"aed_per_sqm":46857,"market":"resale"},
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            {"date":"2026-11-01","type":"1bed room+Hall","bedrooms":1,"area_sqm":103,"annual_rent_aed":230000,"aed_per_sqm_year":2233},
            {"date":"2026-10-28","type":"1bed room+Hall","bedrooms":1,"area_sqm":96.6,"annual_rent_aed":190000,"aed_per_sqm_year":1968},
            {"date":"2026-10-22","type":"Studio","bedrooms":0,"area_sqm":48.6,"annual_rent_aed":115000,"aed_per_sqm_year":2365}
        ],
        "recent_note": "latest registered transactions, anonymised: date, type, size, price only",
        "source": "Dubai Land Department open data (sales transactions; Ejari rental contracts)"
    },
    "sources": {
        "construction": "Dubai Land Department (Mashrooi project register)",
        "handover": "Developer",
        "price": "Developer",
        "payment_plan": "Developer",
        "dld_sales": "Dubai Land Department open data (registered sales transactions)",
        "dld_history": "Dubai Land Department open data (sales transactions and Ejari rental contracts); medians computed by Continental Club Property",
        "origin_labels": "https://continentalclub.ae/methodology/#provenance"
    },
    "license": "CC BY 4.0",
    "attribution": "Continental Club Property, based on Dubai Land Department registry and developer data",
    "markdown": "https://continentalclub.ae/project/the-pinnacle-palm-tower-palm-jumeirah.md",
    "updated_at": "2026-11-13",
    "translations": {
        "en": "https://continentalclub.ae/project/the-pinnacle-palm-tower-palm-jumeirah/",
        "ru": "https://continentalclub.ae/ru/project/the-pinnacle-palm-tower-palm-jumeirah-ru/"
    }
}