1-bed · 1,064 sqftThe Palm Tower, Palm Jumeirah · 21st floor · completed 2021

2118, The Palm Tower

Sold prices and rental history: sold once, by the developer in October 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2118 · DLD and Ejari recordsUpdated 13 October 2015
Last soldAED 3.34M13 October 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2118, The Palm Tower

What is 2118 worth today?

Last sold for AED 3,343,300 in 2015

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13 Oct 2015Sold by developerOff-plan
AED 3,343,300AED 3,141 per sqft

Source: Dubai Land Department. Updated 13 October 2015.

Key facts

Type
1-bed apartment
Size
1,064 sqft
Floor
21st of 47
Parking
B3-87
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 3.34M · October 2015

About 2118, The Palm Tower

2118 is a one-bedroom apartment of 1,064 sqft on the 21st floor of The Palm Tower, a 47-storey tower in Palm Jumeirah completed in 2021 by The Palm - Jumeirah Co. The developer sold it on 13 October 2015 for AED 3,343,300, or AED 3,141 per sqft, in line with the AED 3,209 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2118 over time

Sales
Unit 2118, each saleTypical one-bed in The Palm Tower
3M4M5M20152018202120242027Typical sale price by year: 2015 AED 3,514,200; 2016 AED 3,913,900; 2017 AED 3,345,800; 2018 AED 3,185,290; 2019 AED 3,473,440; 2021 AED 3,250,900; 2022 AED 3,578,000; 2023 AED 4,000,000; 2024 AED 4,100,000; 2025 AED 4,900,000; 2026 AED 4,575,000Sold by developer, October 2015: AED 3,343,300 (AED 3,141 per sqft)

2118 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2118, each contractTypical one-bed in The Palm Tower
200K250K202220242026Typical rent by year: 2022 AED 200,000; 2023 AED 230,000; 2024 AED 250,000; 2025 AED 265,000; 2026 AED 240,000

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

1-beds in The Palm Tower, and where 2118 sits

All 226 1-beds →

2118 last sold in October 2015 at AED 3,141 per sqft, in line with what one-beds in The Palm Tower were fetching at the time (AED 3,209). Over the last 12 months one-beds sold for AED 2,550,000 to 7,450,000, around AED 4,333 per sqft, and rent for AED 150,000 to 330,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Nov 20263,700,000
21 Oct 20264,400,000
13 Oct 20264,100,000
2 Oct 20265,500,000
18 1-bed 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

2118, The Palm Tower in numbers

  • Sold once: by The Palm - Jumeirah Co on 13 October 2015 for AED 3,343,300, or AED 3,141 per sqft.
  • One-beds in The Palm Tower sold for AED 2,550,000–7,450,000 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 13 October 2015.

Questions about 2118, The Palm Tower

What did unit 2118 last sell for?

AED 3,343,300 on 13 October 2015, sold by the developer: AED 3,141 per sqft for 1,064 sqft. It is the only registered sale of the unit.

How big is unit 2118?

1,064 sqft (98.8 sqm): a one-bedroom apartment on the 21st floor of a 47-storey tower completed in 2021.

What is unit 2118 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Palm Tower sold for AED 2,550,000 to 7,450,000 in the last 12 months, around AED 4,333 per sqft.

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Mortgage on 2118, The Palm Tower

Starts from the last sale price (AED 3.34M, 13 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 3,343,300
Deposit, UAE resident (20%)
AED 668,660
Deposit, non-resident (40%)
AED 1,337,320
Monthly over 25 years at 3.7%
AED 13,678

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