2206, The Palm Tower
Sold prices and rental history: sold twice, last in December 2021, and rented once, from February 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2206, The Palm Tower
What is 2206 worth today?
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Source: Dubai Land Department. Updated 2 February 2023.
Key facts
- Type
- Studio apartment
- Size
- 501 sqft
- Floor
- 22nd of 47
- Parking
- B3-63
- Developer
- The Palm - Jumeirah Co
- Completed
- 2021
- Last sold
- AED 1.4M · December 2021
- Building
- The Palm Tower
About 2206, The Palm Tower
2206 is a studio of 501 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 5 December 2021 for AED 1,400,000, or AED 2,794 per sqft, 14% below the AED 3,244 studios in the building were fetching at the time.
One Ejari contract is registered, from 2 February 2023. The current contract, signed on 2 February 2023, is AED 130,000 a year: a gross yield of 9.3% on the 2021 price.
Sales and rents for 2206 over time
2206 has sold twice; the dashed line is the studio median of each year in the building.
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 2206 sits
All 194 studios →2206 last sold in December 2021 at AED 2,794 per sqft, 14% below what studios in The Palm Tower were fetching at the time (AED 3,244). 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. 2206's AED 130,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Oct 202629 October 2026 | 518 sqft | 2,100,000 | 4,053 | ||
| 29 Oct 202629 October 2026 | 518 sqft | 2,100,000 | 4,056 | ||
| 16 Oct 202616 October 2026 | 524 sqft | 2,075,000 | 3,960 | ||
| 29 Jul 202629 July 2026 | 26 sqft | 71,982 | 2,752 |
The Palm Tower
Building432 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%
Other units on the 22nd floor
All 432 units in The Palm Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2201 | Studio | 494 sqft | AED 1.75MAED 1,750,000 · Nov 2022November 2022 | 130,000 /yr | |
| 2202 | Studio | 524 sqft | AED 2.05MAED 2,050,000 · Jul 2023July 2023 | 130,000 /yr | |
| 2203 | Studio | 524 sqft | AED 1.7MAED 1,700,000 · Nov 2022November 2022 | ||
| 2204 | Studio | 524 sqft | AED 2.05MAED 2,050,000 · Jul 2023July 2023 | 130,000 /yr | |
| 2205 | 1-bed | 1,015 sqft | AED 2.6MAED 2,600,000 · Dec 2021December 2021 | ||
| 2207 | Studio | 518 sqft | AED 1.7MAED 1,700,000 · Nov 2022November 2022 | ||
| 2208 | Studio | 518 sqft | AED 1.58MAED 1,580,600 · Sep 2015September 2015 | 143,000 /yr | |
| 2209 | 1-bed | 1,110 sqft | AED 3.37MAED 3,369,400 · Aug 2015August 2015 | ||
| 2210 | 1-bed | 1,109 sqft | AED 4.67MAED 4,668,800 · Jul 2023July 2023 | ||
| 2211 | Studio | 601 sqft | AED 2MAED 2,000,000 · Apr 2025April 2025 | 115,000 /yr | |
| 2212 | Studio | 520 sqft | AED 1.59MAED 1,590,900 · Oct 2015October 2015 | 97,000 /yr | |
| 2213 | 1-bed | 1,058 sqft | AED 2.43MAED 2,430,100 · Nov 2021November 2021 | 180,000 /yr | |
| 2214 | Studio | 524 sqft | AED 1.59MAED 1,590,900 · Oct 2015October 2015 | 124,000 /yr | |
| 2215 | Studio | 524 sqft | AED 1.75MAED 1,750,000 · Apr 2023April 2023 | 92,000 /yr | |
| 2216 | Studio | 524 sqft | AED 2.04MAED 2,035,000 · Mar 2024March 2024 | ||
| 2217 | Studio | 524 sqft | AED 1.97MAED 1,970,000 · Apr 2023April 2023 | 135,000 /yr | |
| 2218 | 1-bed | 1,064 sqft | AED 4.25MAED 4,250,000 · Mar 2023March 2023 | ||
| 2219 | 1-bed | 1,085 sqft | AED 3.28MAED 3,275,000 · Sep 2021September 2021 | 230,000 /yr |
2206, The Palm Tower in numbers
- Sold twice: first on 29 October 2015 for AED 1,598,500, last on 5 December 2021 for AED 1,400,000 (AED 2,794 per sqft).
- Rented since February 2023 on one Ejari contract, at AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2021 price is 9.3%.
- 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 2 February 2023.
Questions about 2206, The Palm Tower
What did unit 2206 last sell for?
AED 1,400,000 on 5 December 2021: AED 2,794 per sqft for 501 sqft. The unit has 2 registered sales; the first was AED 1,598,500 in October 2015.
What is the rent for unit 2206?
AED 130,000 a year on the contract signed on 2 February 2023.
How big is unit 2206?
501 sqft (46.5 sqm): a studio on the 22nd floor of a 47-storey tower completed in 2021.
What is unit 2206 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 2206, The Palm Tower
Starts from the last sale price (AED 1.4M, 5 December 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,400,000
- Deposit, UAE resident (20%)
- AED 280,000
- Deposit, non-resident (40%)
- AED 560,000
- Monthly over 25 years at 3.7%
- AED 5,728
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →