2318, The Palm Tower
Sold prices and rental history: sold once, by the developer in October 2015, 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 2318, The Palm Tower
What is 2318 worth today?
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Source: Dubai Land Department. Updated 12 October 2015.
Key facts
- Type
- 1-bed apartment
- Size
- 1,064 sqft
- Floor
- 23rd of 47
- Parking
- B3-120
- Developer
- The Palm - Jumeirah Co
- Completed
- 2021
- Last sold
- AED 3.44M · October 2015
- Building
- The Palm Tower
About 2318, The Palm Tower
2318 is a one-bedroom apartment of 1,064 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 12 October 2015 for AED 3,438,400, or AED 3,230 per sqft, in line with the AED 3,219 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 2318 over time
2318 has sold once; 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 2318 sits
All 226 1-beds →2318 last sold in October 2015 at AED 3,230 per sqft, in line with what one-beds in The Palm Tower were fetching at the time (AED 3,219). 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 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 | |
| 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 | |
| 2319 | 1-bed | 1,109 sqft | AED 3.43MAED 3,430,000 · Jun 2022June 2022 | 275,000 /yr |
2318, The Palm Tower in numbers
- Sold once: by The Palm - Jumeirah Co on 12 October 2015 for AED 3,438,400, or AED 3,230 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 12 October 2015.
Questions about 2318, The Palm Tower
What did unit 2318 last sell for?
AED 3,438,400 on 12 October 2015, sold by the developer: AED 3,230 per sqft for 1,064 sqft. It is the only registered sale of the unit.
How big is unit 2318?
1,064 sqft (98.8 sqm): a one-bedroom apartment on the 23rd floor of a 47-storey tower completed in 2021.
What is unit 2318 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 2318, The Palm Tower
Starts from the last sale price (AED 3.44M, 12 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 3,438,400
- Deposit, UAE resident (20%)
- AED 687,680
- Deposit, non-resident (40%)
- AED 1,375,360
- Monthly over 25 years at 3.7%
- AED 14,068
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →