2406, The Palm Tower
Sold prices and rental history: sold 3 times, last in January 2026, and rented once, from April 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2406, The Palm Tower
What is 2406 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 5 January 2026.
Key facts
- Type
- Studio apartment
- Size
- 523 sqft
- Floor
- 24th of 47
- Parking
- B3-101
- Developer
- The Palm - Jumeirah Co
- Completed
- 2021
- Last sold
- AED 2.2M · January 2026
- Building
- The Palm Tower
About 2406, The Palm Tower
2406 is a studio of 523 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 5 January 2026 for AED 2,200,000, or AED 4,203 per sqft, in line with the AED 4,201 studios in the building were fetching at the time.
One Ejari contract is registered, from 4 April 2024. The current contract, signed on 4 April 2024, is AED 120,000 a year: a gross yield of 5.5% on the 2026 price.
Sales and rents for 2406 over time
2406 has sold 3 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 2406 sits
All 194 studios →2406 last sold in January 2026 at AED 4,203 per sqft, in line with what studios in The Palm Tower were fetching at the time (AED 4,201). 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. 2406's AED 120,000 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 24th floor
All 432 units in The Palm Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | Studio | 494 sqft | AED 1.75MAED 1,750,000 · Nov 2022November 2022 | 150,000 /yr | |
| 2402 | Studio | 524 sqft | AED 1.64MAED 1,643,100 · Sep 2015September 2015 | ||
| 2403 | Studio | 524 sqft | AED 2.19MAED 2,190,000 · Mar 2025March 2025 | 155,000 /yr | |
| 2404 | Studio | 524 sqft | AED 2.25MAED 2,250,000 · Nov 2024November 2024 | ||
| 2405 | 1-bed | 1,055 sqft | AED 2.65MAED 2,648,000 · Sep 2021September 2021 | 230,000 /yr | |
| 2407 | Studio | 518 sqft | AED 2.25MAED 2,250,000 · Jan 2026January 2026 | ||
| 2408 | Studio | 518 sqft | AED 1.4MAED 1,400,000 · Apr 2022April 2022 | ||
| 2409 | 1-bed | 1,110 sqft | AED 2.8MAED 2,800,600 · Nov 2021November 2021 | 203,968 /yr | |
| 2410 | 1-bed | 1,109 sqft | AED 3.46MAED 3,463,900 · Oct 2015October 2015 | ||
| 2411 | Studio | 587 sqft | AED 1.93MAED 1,925,200 · Nov 2016November 2016 | 135,000 /yr | |
| 2412 | Studio | 507 sqft | AED 1.64MAED 1,635,500 · Sep 2016September 2016 | ||
| 2413 | 1-bed | 1,015 sqft | AED 3.21MAED 3,209,900 · Jan 2017January 2017 | ||
| 2414 | Studio | 524 sqft | AED 1.95MAED 1,950,000 · May 2023May 2023 | ||
| 2415 | Studio | 507 sqft | AED 1.47MAED 1,474,200 · Nov 2021November 2021 | 150,000 /yr | |
| 2416 | Studio | 262 sqft | AED 1.84MAED 1,835,000 · Nov 2022November 2022 | ||
| 2417 | Studio | 524 sqft | AED 1.9MAED 1,900,000 · Dec 2022December 2022 | 120,000 /yr | |
| 2418 | 1-bed | 1,064 sqft | AED 3.49MAED 3,485,900 · Oct 2015October 2015 | ||
| 2419 | 1-bed | 1,109 sqft | AED 3.49MAED 3,485,900 · Oct 2015October 2015 |
2406, The Palm Tower in numbers
- Sold 3 times: first on 7 September 2015 for AED 1,643,100, last on 5 January 2026 for AED 2,200,000 (AED 4,203 per sqft).
- Rented since April 2024 on one Ejari contract, at AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2026 price is 5.5%.
- 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 5 January 2026.
Questions about 2406, The Palm Tower
What did unit 2406 last sell for?
AED 2,200,000 on 5 January 2026: AED 4,203 per sqft for 523 sqft. The unit has 3 registered sales; the first was AED 1,643,100 in September 2015.
What is the rent for unit 2406?
AED 120,000 a year on the contract signed on 4 April 2024.
How big is unit 2406?
523 sqft (48.6 sqm): a studio on the 24th floor of a 47-storey tower completed in 2021.
What is unit 2406 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.
Selling 2406? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 2406, The Palm Tower
Starts from the last sale price (AED 2.2M, 5 January 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 2,200,000
- Deposit, UAE resident (20%)
- AED 440,000
- Deposit, non-resident (40%)
- AED 880,000
- Monthly over 25 years at 3.7%
- AED 9,001
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →