Studio · 518 sqftThe Palm Tower, Palm Jumeirah · 24th floor · completed 2021

2407, The Palm Tower

Sold prices and rental history: sold 4 times, last in January 2026, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2407 · DLD and Ejari recordsUpdated 22 January 2026
Last soldAED 2.25M22 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2407, The Palm Tower

What is 2407 worth today?

Last sold for AED 2,250,000 in 2026

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22 Jan 2026SoldReady
AED 2,250,000AED 4,346 per sqft
19 Dec 2022SoldReady
AED 1,850,000AED 3,573 per sqft
23 May 2022SoldReady
AED 1,400,000AED 2,704 per sqft
24 Nov 2016Sold by developerOff-plan
AED 1,643,100AED 3,279 per sqft

Source: Dubai Land Department. Updated 22 January 2026.

Key facts

Type
Studio apartment
Size
518 sqft
Floor
24th of 47
Parking
B3-100
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 2.25M · January 2026

About 2407, The Palm Tower

2407 is a studio of 518 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 22 January 2026 for AED 2,250,000, or AED 4,346 per sqft, in line with the AED 4,237 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2407 over time

Sales
Unit 2407, 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, November 2016: AED 1,643,100 (AED 3,279 per sqft)Sold, May 2022: AED 1,400,000 (AED 2,704 per sqft)Sold, December 2022: AED 1,850,000 (AED 3,573 per sqft)Sold, January 2026: AED 2,250,000 (AED 4,346 per sqft)

2407 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 2407, 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 115,000

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 2407 sits

All 194 studios →

2407 last sold in January 2026 at AED 4,346 per sqft, in line with what studios in The Palm Tower were fetching at the time (AED 4,237). 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 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
2401StudioAED 1.75M · Nov 2022
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
2408StudioAED 1.4M · Apr 2022
1–7 of 18

2407, The Palm Tower in numbers

  • Sold 4 times: first on 24 November 2016 for AED 1,643,100, last on 22 January 2026 for AED 2,250,000 (AED 4,346 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 22 January 2026.

Questions about 2407, The Palm Tower

What did unit 2407 last sell for?

AED 2,250,000 on 22 January 2026: AED 4,346 per sqft for 518 sqft. The unit has 4 registered sales; the first was AED 1,643,100 in November 2016.

How big is unit 2407?

518 sqft (48.1 sqm): a studio on the 24th floor of a 47-storey tower completed in 2021.

What is unit 2407 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 2407, The Palm Tower

Starts from the last sale price (AED 2.25M, 22 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

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