2218, The Palm Tower
Sold prices and rental history: sold twice, last in March 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2218, The Palm Tower
What is 2218 worth today?
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Source: Dubai Land Department. Updated 31 March 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 1,064 sqft
- Floor
- 22nd of 47
- Parking
- B3-61
- Developer
- The Palm - Jumeirah Co
- Completed
- 2021
- Last sold
- AED 4.25M · March 2023
- Building
- The Palm Tower
About 2218, The Palm Tower
2218 is a one-bedroom apartment of 1,064 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 31 March 2023 for AED 4,250,000, or AED 3,993 per sqft, 17% above the AED 3,403 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 2218 over time
2218 has sold twice; the dashed line is the one-bed median of each year in the building.
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 2218 sits
All 226 1-beds →2218 last sold in March 2023 at AED 3,993 per sqft, 17% above what one-beds in The Palm Tower were fetching at the time (AED 3,403). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 1,057 sqft | 3,700,000 | 3,501 | ||
| 21 Oct 202621 October 2026 | 1,110 sqft | 4,400,000 | 3,965 | ||
| 13 Oct 202613 October 2026 | 1,036 sqft | 4,100,000 | 3,957 | ||
| 2 Oct 20262 October 2026 | 1,054 sqft | 5,500,000 | 5,216 |
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 | ||
| 2206 | Studio | 501 sqft | AED 1.4MAED 1,400,000 · Dec 2021December 2021 | 130,000 /yr | |
| 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 | |
| 2219 | 1-bed | 1,085 sqft | AED 3.28MAED 3,275,000 · Sep 2021September 2021 | 230,000 /yr |
2218, The Palm Tower in numbers
- Sold twice: first on 10 August 2015 for AED 3,390,800, last on 31 March 2023 for AED 4,250,000 (AED 3,993 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 31 March 2023.
Questions about 2218, The Palm Tower
What did unit 2218 last sell for?
AED 4,250,000 on 31 March 2023: AED 3,993 per sqft for 1,064 sqft. The unit has 2 registered sales; the first was AED 3,390,800 in August 2015.
How big is unit 2218?
1,064 sqft (98.8 sqm): a one-bedroom apartment on the 22nd floor of a 47-storey tower completed in 2021.
What is unit 2218 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 2218, The Palm Tower
Starts from the last sale price (AED 4.25M, 31 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 4,250,000
- Deposit, UAE resident (20%)
- AED 850,000
- Deposit, non-resident (40%)
- AED 1,700,000
- Monthly over 25 years at 3.7%
- AED 17,388
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →