1-bed · 1,105 sqftPalm Beach Tower 2, Palm Jumeirah · 16th floor · completed 2026

16-008, Palm Beach Tower 2

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

Unit 16-008 · DLD and Ejari recordsUpdated 24 May 2023
Last soldAED 3M24 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 16-008, Palm Beach Tower 2

What is 16-008 worth today?

Last sold for AED 3,000,000 in 2023

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24 May 2023SoldOff-plan
AED 3,000,000AED 2,713 per sqft
3 Nov 2022Sold by developerOff-plan
AED 3,008,800AED 2,721 per sqft

Source: Dubai Land Department. Updated 24 May 2023.

Key facts

Type
1-bed apartment
Size
1,105 sqft
Floor
16th of 47
Parking
1
Developer
The Palm - Jumeirah Co
Completed
2026
Last sold
AED 3M · May 2023

About 16-008, Palm Beach Tower 2

16-008 is a one-bedroom apartment of 1,105 sqft on the 16th floor of Palm Beach Tower 2, a 47-storey tower in Palm Jumeirah completed in 2026 by The Palm - Jumeirah Co. It last sold on 24 May 2023 for AED 3,000,000, or AED 2,713 per sqft, 8% below the AED 2,941 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 16-008 over time

Sales
Unit 16-008, each saleTypical one-bed in Palm Beach Tower 2
3M3.5M20222023202420252026Typical sale price by year: 2022 AED 3,378,800; 2023 AED 2,885,280; 2024 AED 2,700,000; 2025 AED 3,350,000Sold by developer, November 2022: AED 3,008,800 (AED 2,721 per sqft)Sold, May 2023: AED 3,000,000 (AED 2,713 per sqft)

16-008 has sold twice; the dashed line is the one-bed median of each year in the building.

1-beds in Palm Beach Tower 2, and where 16-008 sits

All 125 1-beds →

16-008 last sold in May 2023 at AED 2,713 per sqft, 8% below what one-beds in Palm Beach Tower 2 were fetching at the time (AED 2,941). Over the last 12 months one-beds sold for AED 2,700,000 to 3,750,000, around AED 2,932 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Jun 20263,750,000
5 Jun 20263,008,800
17 Dec 20252,700,000
8 Oct 20254,121,742
3 1-bed sales in the last 12 months

Palm Beach Tower 2

Building

318 apartments, 1-bed to 4-bed over 47 floors in Palm Jumeirah, completed in 2026 by The Palm - Jumeirah Co. 18 sold in the last 12 months.

Typical price per sqft
AED 3,289 Down 0.6%
Typical sale
AED 7.76M
Typical rent
Few contracts
Typical yield
Palm Beach Tower 2, Palm Jumeirah: prices, sales and rents →

Other units on the 16th floor

All 318 units in Palm Beach Tower 2
Value
16-0011-bedAED 2.58M · Nov 2022
16-0022-bedAED 5.31M · Nov 2022
16-0031-bedAED 3.38M · Nov 2022
16-0041-bedAED 3.4M · Nov 2022
16-0051-bedAED 3.35M · Nov 2022
16-0062-bedAED 5.33M · Nov 2022
16-0071-bedAED 2.72M · Nov 2022
1–7 of 13

16-008, Palm Beach Tower 2 in numbers

  • Sold twice: first on 3 November 2022 for AED 3,008,800, last on 24 May 2023 for AED 3,000,000 (AED 2,713 per sqft).
  • One-beds in Palm Beach Tower 2 sold for AED 2,700,000–3,750,000 in the 12 months to November 2026; the building's median across all types is AED 3,289 per sqft.

Source: Dubai Land Department. Updated 24 May 2023.

Questions about 16-008, Palm Beach Tower 2

What did unit 16-008 last sell for?

AED 3,000,000 on 24 May 2023: AED 2,713 per sqft for 1,105 sqft. The unit has 2 registered sales; the first was AED 3,008,800 in November 2022.

How big is unit 16-008?

1,105 sqft (102.7 sqm): a one-bedroom apartment on the 16th floor of a 47-storey tower completed in 2026.

What is unit 16-008 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Palm Beach Tower 2 sold for AED 2,700,000 to 3,750,000 in the last 12 months, around AED 2,932 per sqft.

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Mortgage on 16-008, Palm Beach Tower 2

Starts from the last sale price (AED 3M, 24 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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