Studio · 524 sqftThe Palm Tower, Palm Jumeirah · 23rd floor · completed 2021

2302, The Palm Tower

Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2302 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 1.9M2 May 2023
Current rentAED 120K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2302, The Palm Tower

What is 2302 worth today?

Last sold for AED 1,900,000 in 2023

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1 Aug 2026RentedNew contract
AED 119,678/yr12 months · AED 228 per sqft
1 May 2025RentedNew contract
AED 117,000/yr12 months · AED 223 per sqft
6 Nov 2023RentedNew contract
AED 117,000/yr12 months · AED 226 per sqft
2 May 2023SoldReady
AED 1,900,000AED 3,626 per sqft
16 Mar 2022RentedNew contract
AED 100,000/yr12 months · AED 190 per sqft
4 Feb 2016Sold by developerOff-plan
AED 1,620,800AED 3,093 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
Studio apartment
Size
524 sqft
Floor
23rd of 47
Parking
B3-71
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 1.9M · May 2023

About 2302, The Palm Tower

2302 is a studio of 524 sqft on the 23rd floor of The Palm Tower, a 47-storey tower in Palm Jumeirah completed in 2021 by The Palm - Jumeirah Co. It last sold on 2 May 2023 for AED 1,900,000, or AED 3,626 per sqft, 4% above the AED 3,501 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 1 August 2026, is AED 119,678 a year: a gross yield of 6.3% on the 2023 price.

Sales and rents for 2302 over time

Sales
Unit 2302, 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, February 2016: AED 1,620,800 (AED 3,093 per sqft)Sold, May 2023: AED 1,900,000 (AED 3,626 per sqft)

2302 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2302, 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, March 2022: AED 100,000 a yearNew contract, November 2023: AED 117,000 a yearNew contract, May 2025: AED 117,000 a yearNew contract, August 2026: AED 119,678 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 2302 sits

All 194 studios →

2302 last sold in May 2023 at AED 3,626 per sqft, 4% above what studios in The Palm Tower were fetching at the time (AED 3,501). 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. 2302's AED 119,678 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 23rd floor

All 432 units in The Palm Tower
Value
2301StudioAED 2.15M · Aug 2025
2303StudioAED 1.62M · Nov 2015
2304StudioAED 1.62M · Dec 2016
23051-bedAED 2.72M · Nov 2021
2306StudioAED 1.7M · Nov 2022
2307StudioAED 2.2M · Dec 2023
2308StudioAED 2.2M · Dec 2023
1–7 of 18

2302, The Palm Tower in numbers

  • Sold twice: first on 4 February 2016 for AED 1,620,800, last on 2 May 2023 for AED 1,900,000 (AED 3,626 per sqft).
  • Rented since March 2022 on 4 Ejari contracts, from AED 100,000 to AED 119,678 a year.
  • At AED 119,678 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 August 2026.

Questions about 2302, The Palm Tower

What did unit 2302 last sell for?

AED 1,900,000 on 2 May 2023: AED 3,626 per sqft for 524 sqft. The unit has 2 registered sales; the first was AED 1,620,800 in February 2016.

What is the rent for unit 2302?

AED 119,678 a year on the contract signed on 1 August 2026. The previous contract, from May 2025, was AED 117,000; the unit has been rented since March 2022.

How big is unit 2302?

524 sqft (48.7 sqm): a studio on the 23rd floor of a 47-storey tower completed in 2021.

What is unit 2302 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 2302, The Palm Tower

Starts from the last sale price (AED 1.9M, 2 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

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