2304, The Palm Tower
Sold prices and rental history: sold once, by the developer in December 2016, and rented once, from August 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2304, The Palm Tower
What is 2304 worth today?
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Source: Dubai Land Department. Updated 24 August 2025.
Key facts
- Type
- Studio apartment
- Size
- 507 sqft
- Floor
- 23rd of 47
- Parking
- B3-117
- Developer
- The Palm - Jumeirah Co
- Completed
- 2021
- Last sold
- AED 1.62M · December 2016
- Building
- The Palm Tower
About 2304, The Palm Tower
2304 is a studio of 507 sqft on the 23rd 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 15 December 2016 for AED 1,620,800, or AED 3,196 per sqft, in line with the AED 3,279 studios in the building were fetching at the time.
One Ejari contract is registered, from 24 August 2025. The current contract, signed on 24 August 2025, is AED 130,000 a year: a gross yield of 8.0% on the 2016 price.
Sales and rents for 2304 over time
2304 has sold once; 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 2304 sits
All 194 studios →2304 last sold in December 2016 at AED 3,196 per sqft, in line with what studios in The Palm Tower were fetching at the time (AED 3,279). 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. 2304'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 23rd floor
All 432 units in The Palm Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | Studio | 494 sqft | AED 2.15MAED 2,150,000 · Aug 2025August 2025 | ||
| 2302 | Studio | 524 sqft | AED 1.9MAED 1,900,000 · May 2023May 2023 | 119,678 /yr | |
| 2303 | Studio | 524 sqft | AED 1.62MAED 1,620,800 · Nov 2015November 2015 | ||
| 2305 | 1-bed | 1,055 sqft | AED 2.72MAED 2,718,000 · Nov 2021November 2021 | 180,000 /yr | |
| 2306 | Studio | 523 sqft | AED 1.7MAED 1,700,000 · Nov 2022November 2022 | 132,120 /yr | |
| 2307 | Studio | 518 sqft | AED 2.2MAED 2,200,000 · Dec 2023December 2023 | 120,000 /yr | |
| 2308 | Studio | 518 sqft | AED 2.2MAED 2,200,000 · Dec 2023December 2023 | 120,000 /yr | |
| 2309 | 1-bed | 1,079 sqft | AED 3.42MAED 3,416,700 · Dec 2017December 2017 | 270,000 /yr | |
| 2310 | 1-bed | 1,109 sqft | AED 2.8MAED 2,798,000 · Nov 2021November 2021 | 230,000 /yr | |
| 2311 | Studio | 601 sqft | AED 2.35MAED 2,350,000 · Dec 2025December 2025 | 120,000 /yr | |
| 2312 | Studio | 520 sqft | AED 2.12MAED 2,115,000 · Dec 2022December 2022 | 100,000 /yr | |
| 2313 | 1-bed | 1,058 sqft | AED 3.98MAED 3,975,000 · Jan 2025January 2025 | 265,000 /yr | |
| 2314 | Studio | 524 sqft | AED 1.75MAED 1,750,000 · Jul 2022July 2022 | 110,250 /yr | |
| 2315 | Studio | 524 sqft | AED 2.1MAED 2,100,000 · May 2025May 2025 | 127,000 /yr | |
| 2316 | Studio | 524 sqft | AED 2.1MAED 2,100,000 · Sep 2023September 2023 | ||
| 2317 | Studio | 524 sqft | AED 1.63MAED 1,631,300 · Sep 2015September 2015 | 105,000 /yr | |
| 2318 | 1-bed | 1,064 sqft | AED 3.44MAED 3,438,400 · Oct 2015October 2015 | ||
| 2319 | 1-bed | 1,109 sqft | AED 3.43MAED 3,430,000 · Jun 2022June 2022 | 275,000 /yr |
2304, The Palm Tower in numbers
- Sold once: by The Palm - Jumeirah Co on 15 December 2016 for AED 1,620,800, or AED 3,196 per sqft.
- Rented since August 2025 on one Ejari contract, at AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2016 price is 8.0%.
- 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 24 August 2025.
Questions about 2304, The Palm Tower
What did unit 2304 last sell for?
AED 1,620,800 on 15 December 2016, sold by the developer: AED 3,196 per sqft for 507 sqft. It is the only registered sale of the unit.
What is the rent for unit 2304?
AED 130,000 a year on the contract signed on 24 August 2025.
How big is unit 2304?
507 sqft (47.1 sqm): a studio on the 23rd floor of a 47-storey tower completed in 2021.
What is unit 2304 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 2304, The Palm Tower
Starts from the last sale price (AED 1.62M, 15 December 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,620,800
- Deposit, UAE resident (20%)
- AED 324,160
- Deposit, non-resident (40%)
- AED 648,320
- Monthly over 25 years at 3.7%
- AED 6,631
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →