3-bed · 2,554 sqftPalm Beach Tower 1, Palm Jumeirah · 16th floor · completed 2026

1603, Palm Beach Tower 1

Sold prices and rental history: sold twice, last in August 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 21 August 2025
Last soldAED 11.2M21 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, Palm Beach Tower 1

What is 1603 worth today?

Last sold for AED 11,200,000 in 2025

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21 Aug 2025SoldOff-plan
AED 11,200,000AED 4,386 per sqft
19 Oct 2022Sold by developerOff-plan
AED 9,506,000AED 3,722 per sqft

Source: Dubai Land Department. Updated 21 August 2025.

Key facts

Type
3-bed apartment
Size
2,554 sqft
Floor
16th of 48
Parking
2
Developer
The Palm - Jumeirah Co
Completed
2026
Last sold
AED 11.2M · August 2025

About 1603, Palm Beach Tower 1

1603 is a three-bedroom apartment of 2,554 sqft on the 16th floor of Palm Beach Tower 1, a 48-storey tower in Palm Jumeirah completed in 2026 by The Palm - Jumeirah Co. It last sold on 21 August 2025 for AED 11,200,000, or AED 4,386 per sqft, 12% above the AED 3,909 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1603 over time

Sales
Unit 1603, each saleTypical three-bed in Palm Beach Tower 1
8M10M12M202220242026Typical sale price by year: 2022 AED 7,401,000; 2023 AED 7,950,000; 2024 AED 9,407,500; 2025 AED 11,500,000Sold by developer, October 2022: AED 9,506,000 (AED 3,722 per sqft)Sold, August 2025: AED 11,200,000 (AED 4,386 per sqft)

1603 has sold twice; the dashed line is the three-bed median of each year in the building.

3-beds in Palm Beach Tower 1, and where 1603 sits

All 71 3-beds →

1603 last sold in August 2025 at AED 4,386 per sqft, 12% above what three-beds in Palm Beach Tower 1 were fetching at the time (AED 3,909). Over the last 12 months three-beds sold for AED 7,401,000 to 14,200,000, around AED 5,011 per sqft.

Recent 3-bed salesUnit no.Price (AED)Summary
2 Nov 20267,401,000
29 Dec 202514,200,000
11 Dec 202514,000,000
7 Oct 20257,850,000
3 3-bed sales in the last 12 months

Palm Beach Tower 1

Building

278 apartments, 1-bed to 4-bed over 48 floors in Palm Jumeirah, completed in 2026 by The Palm - Jumeirah Co. 16 sold in the last 12 months.

Typical price per sqft
AED 3,535 Up 1.5%
Typical sale
AED 4.74M
Typical rent
Few contracts
Typical yield
Palm Beach Tower 1, Palm Jumeirah: prices, sales and rents →

Other units on the 16th floor

All 278 units in Palm Beach Tower 1
Value
16013-bedAED 6.9M · Oct 2022
16022-bedAED 5.1M · Oct 2022
16041-bedAED 2.95M · Nov 2022
16051-bedAED 3.05M · Sep 2022
16061-bedAED 2.9M · Sep 2022
16071-bedAED 2.67M · Sep 2022
16082-bedAED 5.45M · Jan 2023

1603, Palm Beach Tower 1 in numbers

  • Sold twice: first on 19 October 2022 for AED 9,506,000, last on 21 August 2025 for AED 11,200,000 (AED 4,386 per sqft).
  • Three-beds in Palm Beach Tower 1 sold for AED 7,401,000–14,200,000 in the 12 months to November 2026; the building's median across all types is AED 3,535 per sqft.

Source: Dubai Land Department. Updated 21 August 2025.

Questions about 1603, Palm Beach Tower 1

What did unit 1603 last sell for?

AED 11,200,000 on 21 August 2025: AED 4,386 per sqft for 2,554 sqft. The unit has 2 registered sales; the first was AED 9,506,000 in October 2022.

How big is unit 1603?

2,554 sqft (237.3 sqm): a three-bedroom apartment on the 16th floor of a 48-storey tower completed in 2026.

What is unit 1603 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Palm Beach Tower 1 sold for AED 7,401,000 to 14,200,000 in the last 12 months, around AED 5,011 per sqft.

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Mortgage on 1603, Palm Beach Tower 1

Starts from the last sale price (AED 11.2M, 21 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 11,200,000
Deposit, UAE resident (20%)
AED 2,240,000
Deposit, non-resident (40%)
AED 4,480,000
Monthly over 25 years at 3.7%
AED 45,823

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →