2409, The Palm Tower
Sold prices and rental history: sold once, by the developer in November 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2409, The Palm Tower
What is 2409 worth today?
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Source: Dubai Land Department. Updated 7 September 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 1,110 sqft
- Floor
- 24th of 47
- Parking
- B3-103
- Developer
- The Palm - Jumeirah Co
- Completed
- 2021
- Last sold
- AED 2.8M · November 2021
- Building
- The Palm Tower
About 2409, The Palm Tower
2409 is a one-bedroom apartment of 1,110 sqft on the 24th 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 18 November 2021 for AED 2,800,600, or AED 2,524 per sqft, 15% below the AED 2,980 one-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 7 September 2023, is AED 203,968 a year: a gross yield of 7.3% on the 2021 price.
Sales and rents for 2409 over time
2409 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 2409 sits
All 226 1-beds →2409 last sold in November 2021 at AED 2,524 per sqft, 15% below what one-beds in The Palm Tower were fetching at the time (AED 2,980). 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. 2409's AED 203,968 is in the lower half of that range.
| 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 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 | ||
| 2408 | Studio | 518 sqft | AED 1.4MAED 1,400,000 · Apr 2022April 2022 | ||
| 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 |
2409, The Palm Tower in numbers
- Sold once: by The Palm - Jumeirah Co on 18 November 2021 for AED 2,800,600, or AED 2,524 per sqft.
- Rented since September 2022 on 2 Ejari contracts, from AED 205,000 to AED 203,968 a year.
- At AED 203,968 a year the gross yield on the 2021 price is 7.3%.
- 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 7 September 2023.
Questions about 2409, The Palm Tower
What did unit 2409 last sell for?
AED 2,800,600 on 18 November 2021, sold by the developer: AED 2,524 per sqft for 1,110 sqft. It is the only registered sale of the unit.
What is the rent for unit 2409?
AED 203,968 a year on the contract renewed on 7 September 2023. The previous contract, from September 2022, was AED 205,000.
How big is unit 2409?
1,110 sqft (103.1 sqm): a one-bedroom apartment on the 24th floor of a 47-storey tower completed in 2021.
What is unit 2409 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 2409, The Palm Tower
Starts from the last sale price (AED 2.8M, 18 November 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 2,800,600
- Deposit, UAE resident (20%)
- AED 560,120
- Deposit, non-resident (40%)
- AED 1,120,240
- Monthly over 25 years at 3.7%
- AED 11,458
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →