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

2314, The Palm Tower

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

Unit 2314 · DLD and Ejari recordsUpdated 28 February 2025
Last soldAED 1.75M18 July 2022
Current rentAED 110K /yr28 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2314, The Palm Tower

What is 2314 worth today?

Last sold for AED 1,750,000 in 2022

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28 Feb 2025RentedRenewal
AED 110,250/yr12 months · AED 210 per sqft
28 Feb 2025RentedRenewal
AED 110,250/yr12 months · AED 210 per sqft
28 Feb 2024RentedNew contract
AED 105,000/yr12 months · AED 200 per sqft
1 Oct 2022RentedNew contract
AED 100,000/yr12 months · AED 191 per sqft
18 Jul 2022SoldReady
AED 1,750,000AED 3,341 per sqft
29 Mar 2016Sold by developerOff-plan
AED 1,613,200AED 3,188 per sqft

Source: Dubai Land Department. Updated 28 February 2025.

Key facts

Type
Studio apartment
Size
524 sqft
Floor
23rd of 47
Parking
B3-115
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 1.75M · July 2022

About 2314, The Palm Tower

2314 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 18 July 2022 for AED 1,750,000, or AED 3,341 per sqft, 9% above the AED 3,053 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 28 February 2025, is AED 110,250 a year: a gross yield of 6.3% on the 2022 price.

Sales and rents for 2314 over time

Sales
Unit 2314, 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, March 2016: AED 1,613,200 (AED 3,188 per sqft)Sold, July 2022: AED 1,750,000 (AED 3,341 per sqft)

2314 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2314, 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, October 2022: AED 100,000 a yearNew contract, February 2024: AED 105,000 a yearRenewal, February 2025: AED 110,250 a yearRenewal, February 2025: AED 110,250 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 2314 sits

All 194 studios →

2314 last sold in July 2022 at AED 3,341 per sqft, 9% above what studios in The Palm Tower were fetching at the time (AED 3,053). 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. 2314's AED 110,250 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
2302StudioAED 1.9M · May 2023
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
1–7 of 18

2314, The Palm Tower in numbers

  • Sold twice: first on 29 March 2016 for AED 1,613,200, last on 18 July 2022 for AED 1,750,000 (AED 3,341 per sqft).
  • Rented since October 2022 on 4 Ejari contracts, from AED 100,000 to AED 110,250 a year.
  • At AED 110,250 a year the gross yield on the 2022 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 28 February 2025.

Questions about 2314, The Palm Tower

What did unit 2314 last sell for?

AED 1,750,000 on 18 July 2022: AED 3,341 per sqft for 524 sqft. The unit has 2 registered sales; the first was AED 1,613,200 in March 2016.

What is the rent for unit 2314?

AED 110,250 a year on the contract renewed on 28 February 2025. The previous contract, from February 2025, was AED 110,250; the unit has been rented since October 2022.

How big is unit 2314?

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

What is unit 2314 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 2314, The Palm Tower

Starts from the last sale price (AED 1.75M, 18 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

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