2-bed · 1,700 sqftPalm Beach Tower 1, Palm Jumeirah · 16th floor · completed 2026

1608, Palm Beach Tower 1

Sold prices and rental history: sold twice, last in January 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1608 · DLD and Ejari recordsUpdated 18 January 2023
Last soldAED 5.45M18 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1608, Palm Beach Tower 1

What is 1608 worth today?

Last sold for AED 5,450,000 in 2023

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18 Jan 2023SoldOff-plan
AED 5,450,000AED 3,205 per sqft
27 Sep 2022Sold by developerOff-plan
AED 4,533,000AED 2,666 per sqft

Source: Dubai Land Department. Updated 18 January 2023.

Key facts

Type
2-bed apartment
Size
1,700 sqft
Floor
16th of 48
Parking
1
Developer
The Palm - Jumeirah Co
Completed
2026
Last sold
AED 5.45M · January 2023

About 1608, Palm Beach Tower 1

1608 is a two-bedroom apartment of 1,700 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 18 January 2023 for AED 5,450,000, or AED 3,205 per sqft, 7% above the AED 2,983 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1608 over time

Sales
Unit 1608, each saleTypical two-bed in Palm Beach Tower 1
5M6M202220242026Typical sale price by year: 2022 AED 4,620,000; 2023 AED 5,300,000; 2024 AED 5,193,000; 2025 AED 6,000,000; 2026 AED 5,000,000Sold by developer, September 2022: AED 4,533,000 (AED 2,666 per sqft)Sold, January 2023: AED 5,450,000 (AED 3,205 per sqft)

1608 has sold twice; the dashed line is the two-bed median of each year in the building.

2-beds in Palm Beach Tower 1, and where 1608 sits

All 103 2-beds →

1608 last sold in January 2023 at AED 3,205 per sqft, 7% above what two-beds in Palm Beach Tower 1 were fetching at the time (AED 2,983). Over the last 12 months two-beds sold for AED 1,954,400 to 5,900,000, around AED 3,389 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Jun 20265,900,000
28 Apr 20264,575,000
19 Feb 20265,100,000
19 Feb 20265,100,000
6 2-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
16033-bedAED 11.2M · Aug 2025
16041-bedAED 2.95M · Nov 2022
16051-bedAED 3.05M · Sep 2022
16061-bedAED 2.9M · Sep 2022
16071-bedAED 2.67M · Sep 2022

1608, Palm Beach Tower 1 in numbers

  • Sold twice: first on 27 September 2022 for AED 4,533,000, last on 18 January 2023 for AED 5,450,000 (AED 3,205 per sqft).
  • Two-beds in Palm Beach Tower 1 sold for AED 1,954,400–5,900,000 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 18 January 2023.

Questions about 1608, Palm Beach Tower 1

What did unit 1608 last sell for?

AED 5,450,000 on 18 January 2023: AED 3,205 per sqft for 1,700 sqft. The unit has 2 registered sales; the first was AED 4,533,000 in September 2022.

How big is unit 1608?

1,700 sqft (157.9 sqm): a two-bedroom apartment on the 16th floor of a 48-storey tower completed in 2026.

What is unit 1608 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Palm Beach Tower 1 sold for AED 1,954,400 to 5,900,000 in the last 12 months, around AED 3,389 per sqft.

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Mortgage on 1608, Palm Beach Tower 1

Starts from the last sale price (AED 5.45M, 18 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 5,450,000
Deposit, UAE resident (20%)
AED 1,090,000
Deposit, non-resident (40%)
AED 2,180,000
Monthly over 25 years at 3.7%
AED 22,298

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