2316, The Palm Tower
Sold prices and rental history: sold 4 times, last in September 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 2316, The Palm Tower
What is 2316 worth today?
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Source: Dubai Land Department. Updated 19 September 2023.
Key facts
- Type
- Studio apartment
- Size
- 524 sqft
- Floor
- 23rd of 47
- Parking
- B3-74
- Developer
- The Palm - Jumeirah Co
- Completed
- 2021
- Last sold
- AED 2.1M · September 2023
- Building
- The Palm Tower
About 2316, The Palm Tower
2316 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 19 September 2023 for AED 2,100,000, or AED 4,010 per sqft, 9% above the AED 3,664 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 2316 over time
2316 has sold 4 times; 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 2316 sits
All 194 studios →2316 last sold in September 2023 at AED 4,010 per sqft, 9% above what studios in The Palm Tower were fetching at the time (AED 3,664). 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.
| 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 | ||
| 2304 | Studio | 507 sqft | AED 1.62MAED 1,620,800 · Dec 2016December 2016 | 130,000 /yr | |
| 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 | |
| 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 |
2316, The Palm Tower in numbers
- Sold 4 times: first on 3 November 2015 for AED 1,613,200, last on 19 September 2023 for AED 2,100,000 (AED 4,010 per sqft).
- 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 19 September 2023.
Questions about 2316, The Palm Tower
What did unit 2316 last sell for?
AED 2,100,000 on 19 September 2023: AED 4,010 per sqft for 524 sqft. The unit has 4 registered sales; the first was AED 1,613,200 in November 2015.
How big is unit 2316?
524 sqft (48.7 sqm): a studio on the 23rd floor of a 47-storey tower completed in 2021.
What is unit 2316 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 2316, The Palm Tower
Starts from the last sale price (AED 2.1M, 19 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,100,000
- Deposit, UAE resident (20%)
- AED 420,000
- Deposit, non-resident (40%)
- AED 840,000
- Monthly over 25 years at 3.7%
- AED 8,592
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →