Studio · 520 sqftThe Palm Tower, Palm Jumeirah · 21st floor · completed 2021

2112, The Palm Tower

Sold prices and rental history: sold 3 times, last in June 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2112 · DLD and Ejari recordsUpdated 10 June 2024
Last soldAED 2M10 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2112, The Palm Tower

What is 2112 worth today?

Last sold for AED 2,000,000 in 2024

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10 Jun 2024SoldReady
AED 2,000,000AED 3,845 per sqft
18 Sep 2019SoldOff-plan
AED 1,600,000AED 3,155 per sqft
3 Aug 2015Sold by developerOff-plan
AED 1,568,600AED 3,015 per sqft

Source: Dubai Land Department. Updated 10 June 2024.

Key facts

Type
Studio apartment
Size
520 sqft
Floor
21st of 47
Parking
B3-93
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 2M · June 2024

About 2112, The Palm Tower

2112 is a studio of 520 sqft on the 21st floor of The Palm Tower, a 47-storey tower in Palm Jumeirah completed in 2021 by The Palm - Jumeirah Co. It last sold on 10 June 2024 for AED 2,000,000, or AED 3,845 per sqft, 4% below the AED 4,011 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2112 over time

Sales
Unit 2112, 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, August 2015: AED 1,568,600 (AED 3,015 per sqft)Sold, September 2019: AED 1,600,000 (AED 3,155 per sqft)Sold, June 2024: AED 2,000,000 (AED 3,845 per sqft)

2112 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 2112, each contractTypical studio in The Palm Tower
100K120K202220242026Typical rent by year: 2022 AED 102,500; 2023 AED 120,000; 2024 AED 120,000; 2025 AED 125,000; 2026 AED 115,000

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 2112 sits

All 194 studios →

2112 last sold in June 2024 at AED 3,845 per sqft, 4% below what studios in The Palm Tower were fetching at the time (AED 4,011). 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.

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 21st floor

All 432 units in The Palm Tower
Value
2101StudioAED 1.91M · Aug 2022
2102StudioAED 2.3M · Oct 2024
2103StudioAED 1.45M · Apr 2022
2104StudioAED 2.1M · Feb 2025
21051-bedAED 3.11M · Jun 2015
2106StudioAED 1.58M · Jun 2015
2107StudioAED 1.89M · Aug 2022
1–7 of 18

2112, The Palm Tower in numbers

  • Sold 3 times: first on 3 August 2015 for AED 1,568,600, last on 10 June 2024 for AED 2,000,000 (AED 3,845 per sqft).
  • 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 10 June 2024.

Questions about 2112, The Palm Tower

What did unit 2112 last sell for?

AED 2,000,000 on 10 June 2024: AED 3,845 per sqft for 520 sqft. The unit has 3 registered sales; the first was AED 1,568,600 in August 2015.

How big is unit 2112?

520 sqft (48.3 sqm): a studio on the 21st floor of a 47-storey tower completed in 2021.

What is unit 2112 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 2112, The Palm Tower

Starts from the last sale price (AED 2M, 10 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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