Studio · 524 sqftThe Palm Tower, Palm Jumeirah · 20th floor · completed 2021

2015, The Palm Tower

Sold prices and rental history: sold twice, last in June 2022, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2015 · DLD and Ejari recordsUpdated 2 June 2025
Last soldAED 1.55M27 June 2022
Current rentAED 120K /yr2 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2015, The Palm Tower

What is 2015 worth today?

Last sold for AED 1,550,000 in 2022

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2 Jun 2025RentedNew contract
AED 119,668/yr12 months · AED 227 per sqft
2 Jun 2025RentedNew contract
AED 119,668/yr12 months · AED 227 per sqft
12 Nov 2024RentedRenewal
AED 140,000/yr12 months · AED 265 per sqft
12 Nov 2024RentedRenewal
AED 140,000/yr12 months · AED 265 per sqft
12 Nov 2023RentedNew contract
AED 140,000/yr12 months · AED 265 per sqft
27 Jun 2022SoldReady
AED 1,550,000AED 2,959 per sqft
8 Sep 2015Sold by developerOff-plan
AED 1,546,300AED 2,952 per sqft

Source: Dubai Land Department. Updated 2 June 2025.

Key facts

Type
Studio apartment
Size
524 sqft
Floor
20th of 47
Parking
B3-42
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 1.55M · June 2022

About 2015, The Palm Tower

2015 is a studio of 524 sqft on the 20th floor of The Palm Tower, a 47-storey tower in Palm Jumeirah completed in 2021 by The Palm - Jumeirah Co. It last sold on 27 June 2022 for AED 1,550,000, or AED 2,959 per sqft, in line with the AED 3,035 studios in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, signed on 2 June 2025, is AED 119,668 a year: a gross yield of 7.7% on the 2022 price.

Sales and rents for 2015 over time

Sales
Unit 2015, each saleTypical studio in The Palm Tower
1.5M2M20152018202120242027Typical sale price by year: 2015 AED 1,667,100; 2016 AED 1,710,000; 2017 AED 1,484,340; 2018 AED 1,732,300; 2019 AED 1,702,400; 2020 AED 1,823,100; 2021 AED 1,699,200; 2022 AED 1,700,000; 2023 AED 2,042,500; 2024 AED 2,100,000; 2025 AED 2,200,000; 2026 AED 2,200,000Sold by developer, September 2015: AED 1,546,300 (AED 2,952 per sqft)Sold, June 2022: AED 1,550,000 (AED 2,959 per sqft)

2015 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2015, each contractTypical studio in The Palm Tower
100K120K140K202220242026Typical rent by year: 2022 AED 102,500; 2023 AED 120,000; 2024 AED 120,000; 2025 AED 125,000; 2026 AED 115,000New contract, November 2023: AED 140,000 a yearRenewal, November 2024: AED 140,000 a yearRenewal, November 2024: AED 140,000 a yearNew contract, June 2025: AED 119,668 a yearNew contract, June 2025: AED 119,668 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in The Palm Tower, and where 2015 sits

All 194 studios →

2015 last sold in June 2022 at AED 2,959 per sqft, in line with what studios in The Palm Tower were fetching at the time (AED 3,035). Over the last 12 months studios sold for AED 71,982 to 2,600,000, around AED 4,231 per sqft, and rent for AED 92,000 to 190,000 a year. 2015's AED 119,668 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
29 Oct 20262,100,000
29 Oct 20262,100,000
16 Oct 20262,075,000
29 Jul 202671,982
20 studio sales in the last 12 months

The Palm Tower

Building

432 apartments, studios to 3-bed over 47 floors in Palm Jumeirah, completed in 2021 by The Palm - Jumeirah Co. 38 sold in the last 12 months.

Typical price per sqft
AED 4,280 Up 2.5%
Typical sale
AED 2.53M
Typical rent
AED 153K /yr
Typical yield
5.3%
The Palm Tower, Palm Jumeirah: prices, sales and rents →

Other units on the 20th floor

All 432 units in The Palm Tower
Value
2001StudioAED 1.88M · Aug 2022
2002StudioAED 1.35M · Nov 2021
2003StudioAED 1.86M · Aug 2022
2004StudioAED 2.6M · Mar 2026
20051-bedAED 3.67M · Oct 2022
2006StudioAED 1.86M · Aug 2022
2007StudioAED 1.86M · Aug 2022
1–7 of 16

2015, The Palm Tower in numbers

  • Sold twice: first on 8 September 2015 for AED 1,546,300, last on 27 June 2022 for AED 1,550,000 (AED 2,959 per sqft).
  • Rented since November 2023 on 5 Ejari contracts, from AED 140,000 to AED 119,668 a year.
  • At AED 119,668 a year the gross yield on the 2022 price is 7.7%.
  • Studios in The Palm Tower sold for AED 71,982–2,600,000 in the 12 months to November 2026; the building's median across all types is AED 4,280 per sqft.

Source: Dubai Land Department. Updated 2 June 2025.

Questions about 2015, The Palm Tower

What did unit 2015 last sell for?

AED 1,550,000 on 27 June 2022: AED 2,959 per sqft for 524 sqft. The unit has 2 registered sales; the first was AED 1,546,300 in September 2015.

What is the rent for unit 2015?

AED 119,668 a year on the contract signed on 2 June 2025. The previous contract, from June 2025, was AED 119,668; the unit has been rented since November 2023.

How big is unit 2015?

524 sqft (48.7 sqm): a studio on the 20th floor of a 47-storey tower completed in 2021.

What is unit 2015 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in The Palm Tower sold for AED 71,982 to 2,600,000 in the last 12 months, around AED 4,231 per sqft.

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Mortgage on 2015, The Palm Tower

Starts from the last sale price (AED 1.55M, 27 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

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