Studio · 494 sqftThe Palm Tower, Palm Jumeirah · 24th floor · completed 2021

2401, The Palm Tower

Sold prices and rental history: sold twice, last in November 2022, and rented once, from January 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2401 · DLD and Ejari recordsUpdated 7 January 2026
Last soldAED 1.75M14 November 2022
Current rentAED 150K /yr7 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2401, The Palm Tower

What is 2401 worth today?

Last sold for AED 1,750,000 in 2022

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7 Jan 2026RentedNew contract
AED 150,000/yr12 months · AED 303 per sqft
14 Nov 2022SoldReady
AED 1,750,000AED 3,541 per sqft
13 Sep 2015Sold by developerOff-plan
AED 1,661,500AED 3,362 per sqft

Source: Dubai Land Department. Updated 7 January 2026.

Key facts

Type
Studio apartment
Size
494 sqft
Floor
24th of 47
Parking
B3-110
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 1.75M · November 2022

About 2401, The Palm Tower

2401 is a studio of 494 sqft on the 24th floor of The Palm Tower, a 47-storey tower in Palm Jumeirah completed in 2021 by The Palm - Jumeirah Co. It last sold on 14 November 2022 for AED 1,750,000, or AED 3,541 per sqft, 9% above the AED 3,239 studios in the building were fetching at the time.

One Ejari contract is registered, from 7 January 2026. The current contract, signed on 7 January 2026, is AED 150,000 a year: a gross yield of 8.6% on the 2022 price.

Sales and rents for 2401 over time

Sales
Unit 2401, 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, September 2015: AED 1,661,500 (AED 3,362 per sqft)Sold, November 2022: AED 1,750,000 (AED 3,541 per sqft)

2401 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2401, each contractTypical studio in The Palm Tower
100K125K150K202220242026Typical rent by year: 2022 AED 102,500; 2023 AED 120,000; 2024 AED 120,000; 2025 AED 125,000; 2026 AED 115,000New contract, January 2026: AED 150,000 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 2401 sits

All 194 studios →

2401 last sold in November 2022 at AED 3,541 per sqft, 9% above what studios in The Palm Tower were fetching at the time (AED 3,239). 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. 2401's AED 150,000 is in the upper 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 24th floor

All 432 units in The Palm Tower
Value
2402StudioAED 1.64M · Sep 2015
2403StudioAED 2.19M · Mar 2025
2404StudioAED 2.25M · Nov 2024
24051-bedAED 2.65M · Sep 2021
2406StudioAED 2.2M · Jan 2026
2407StudioAED 2.25M · Jan 2026
2408StudioAED 1.4M · Apr 2022
1–7 of 18

2401, The Palm Tower in numbers

  • Sold twice: first on 13 September 2015 for AED 1,661,500, last on 14 November 2022 for AED 1,750,000 (AED 3,541 per sqft).
  • Rented since January 2026 on one Ejari contract, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2022 price is 8.6%.
  • 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 7 January 2026.

Questions about 2401, The Palm Tower

What did unit 2401 last sell for?

AED 1,750,000 on 14 November 2022: AED 3,541 per sqft for 494 sqft. The unit has 2 registered sales; the first was AED 1,661,500 in September 2015.

What is the rent for unit 2401?

AED 150,000 a year on the contract signed on 7 January 2026.

How big is unit 2401?

494 sqft (45.9 sqm): a studio on the 24th floor of a 47-storey tower completed in 2021.

What is unit 2401 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 2401, The Palm Tower

Starts from the last sale price (AED 1.75M, 14 November 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 →