Studio · 524 sqftThe Palm Tower, Palm Jumeirah · 22nd floor · completed 2021

2204, The Palm Tower

Sold prices and rental history: sold 3 times, last in July 2023, and rented once, from February 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2204 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 2.05M10 July 2023
Current rentAED 130K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2204, The Palm Tower

What is 2204 worth today?

Last sold for AED 2,050,000 in 2023

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1 Feb 2026RentedNew contract
AED 130,000/yr12 months · AED 246 per sqft
10 Jul 2023SoldReady
AED 2,050,000AED 3,915 per sqft
14 Nov 2022SoldReady
AED 1,750,000AED 3,342 per sqft
13 Sep 2015Sold by developerOff-plan
AED 1,598,500AED 3,053 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
Studio apartment
Size
524 sqft
Floor
22nd of 47
Parking
B3-66
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 2.05M · July 2023

About 2204, The Palm Tower

2204 is a studio of 524 sqft on the 22nd 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 July 2023 for AED 2,050,000, or AED 3,915 per sqft, 10% above the AED 3,557 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 February 2026. The current contract, signed on 1 February 2026, is AED 130,000 a year: a gross yield of 6.3% on the 2023 price.

Sales and rents for 2204 over time

Sales
Unit 2204, 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 1,598,500 (AED 3,053 per sqft)Sold, November 2022: AED 1,750,000 (AED 3,342 per sqft)Sold, July 2023: AED 2,050,000 (AED 3,915 per sqft)

2204 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 2204, 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 115,000New contract, February 2026: AED 130,000 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 2204 sits

All 194 studios →

2204 last sold in July 2023 at AED 3,915 per sqft, 10% above what studios in The Palm Tower were fetching at the time (AED 3,557). 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. 2204's AED 130,000 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 22nd floor

All 432 units in The Palm Tower
Value
2201StudioAED 1.75M · Nov 2022
2202StudioAED 2.05M · Jul 2023
2203StudioAED 1.7M · Nov 2022
22051-bedAED 2.6M · Dec 2021
2206StudioAED 1.4M · Dec 2021
2207StudioAED 1.7M · Nov 2022
2208StudioAED 1.58M · Sep 2015
1–7 of 18

2204, The Palm Tower in numbers

  • Sold 3 times: first on 13 September 2015 for AED 1,598,500, last on 10 July 2023 for AED 2,050,000 (AED 3,915 per sqft).
  • Rented since February 2026 on one Ejari contract, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2023 price is 6.3%.
  • 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 1 February 2026.

Questions about 2204, The Palm Tower

What did unit 2204 last sell for?

AED 2,050,000 on 10 July 2023: AED 3,915 per sqft for 524 sqft. The unit has 3 registered sales; the first was AED 1,598,500 in September 2015.

What is the rent for unit 2204?

AED 130,000 a year on the contract signed on 1 February 2026.

How big is unit 2204?

524 sqft (48.7 sqm): a studio on the 22nd floor of a 47-storey tower completed in 2021.

What is unit 2204 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 2204, The Palm Tower

Starts from the last sale price (AED 2.05M, 10 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,000
Deposit, UAE resident (20%)
AED 410,000
Deposit, non-resident (40%)
AED 820,000
Monthly over 25 years at 3.7%
AED 8,387

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