2408, The Palm Tower
Sold prices and rental history: sold 3 times, last in April 2022, 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 2408, The Palm Tower
What is 2408 worth today?
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Source: Dubai Land Department. Updated 28 April 2022.
Key facts
- Type
- Studio apartment
- Size
- 518 sqft
- Floor
- 24th of 47
- Parking
- B3-99
- Developer
- The Palm - Jumeirah Co
- Completed
- 2021
- Last sold
- AED 1.4M · April 2022
- Building
- The Palm Tower
About 2408, The Palm Tower
2408 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 28 April 2022 for AED 1,400,000, or AED 2,702 per sqft, 14% below the AED 3,155 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 2408 over time
2408 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 2408 sits
All 194 studios →2408 last sold in April 2022 at AED 2,702 per sqft, 14% below what studios in The Palm Tower were fetching at the time (AED 3,155). 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 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 | |
| 2406 | Studio | 523 sqft | AED 2.2MAED 2,200,000 · Jan 2026January 2026 | 120,000 /yr | |
| 2407 | Studio | 518 sqft | AED 2.25MAED 2,250,000 · Jan 2026January 2026 | ||
| 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 |
2408, The Palm Tower in numbers
- Sold 3 times: first on 21 July 2015 for AED 1,624,700, last on 28 April 2022 for AED 1,400,000 (AED 2,702 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 28 April 2022.
Questions about 2408, The Palm Tower
What did unit 2408 last sell for?
AED 1,400,000 on 28 April 2022: AED 2,702 per sqft for 518 sqft. The unit has 3 registered sales; the first was AED 1,624,700 in July 2015.
How big is unit 2408?
518 sqft (48.1 sqm): a studio on the 24th floor of a 47-storey tower completed in 2021.
What is unit 2408 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 2408, The Palm Tower
Starts from the last sale price (AED 1.4M, 28 April 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,400,000
- Deposit, UAE resident (20%)
- AED 280,000
- Deposit, non-resident (40%)
- AED 560,000
- Monthly over 25 years at 3.7%
- AED 5,728
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →