401, Palme Couture
Sold prices and rental history: sold twice, last in July 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 401, Palme Couture
What is 401 worth today?
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Source: Dubai Land Department. Updated 21 July 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 4,937 sqft
- Floor
- 4th of 8
- Parking
- B-30, B-31
- Developer
- Innovate Development
- Completed
- 2015
- Service charge
- AED 209,000 /yr
- Last sold
- AED 35M · July 2022
- Building
- Palme Couture
About 401, Palme Couture
401 is a three-bedroom apartment of 4,937 sqft on the 4th floor of Palme Couture, a 8-storey tower in Palm Jumeirah completed in 2015 by Innovate Development . It last sold on 21 July 2022 for AED 35,000,000, or AED 7,089 per sqft, 33% above the AED 5,320 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 401 over time
401 has sold twice; the dashed line is the three-bed median of each year in the building.
3-beds in Palme Couture, and where 401 sits
All 8 3-beds →401 last sold in July 2022 at AED 7,089 per sqft, 33% above what three-beds in Palme Couture were fetching at the time (AED 5,320).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Jan 202224 January 2022 | 4,774 sqft | 24,000,000 | 5,027 | ||
| 28 Jul 202128 July 2021 | 4,323 sqft | 23,000,000 | 5,320 | ||
| 24 May 202124 May 2021 | 4,777 sqft | 20,000,000 | 4,187 | ||
| 12 Apr 202112 April 2021 | 4,757 sqft | 20,750,000 | 4,362 |
Palme Couture
Building15 apartments, 3-bed to 5-bed over 8 floors in Palm Jumeirah, completed in 2015 by Innovate Development . No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- Few contracts
- Typical yield
Other units on the 4th floor
All 15 units in Palme Couture| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | 4-bed | 4,918 sqft | AED 24.7MAED 24,700,000 · Jun 2021June 2021 |
401, Palme Couture in numbers
- Sold twice: first on 12 August 2020 for AED 14,500,000, last on 21 July 2022 for AED 35,000,000 (AED 7,089 per sqft).
Source: Dubai Land Department. Updated 21 July 2022.
Questions about 401, Palme Couture
What did unit 401 last sell for?
AED 35,000,000 on 21 July 2022: AED 7,089 per sqft for 4,937 sqft. The unit has 2 registered sales; the first was AED 14,500,000 in August 2020.
How big is unit 401?
4,937 sqft (458.7 sqm): a three-bedroom apartment on the 4th floor of a 8-storey tower completed in 2015.
What is unit 401 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 401? Put it on the OpenOffers board
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Mortgage on 401, Palme Couture
Starts from the last sale price (AED 35M, 21 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 35,000,000
- Deposit, UAE resident (20%)
- AED 7,000,000
- Deposit, non-resident (40%)
- AED 14,000,000
- Monthly over 25 years at 3.7%
- AED 143,196
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →