Studio · 507 sqftThe Palm Tower, Palm Jumeirah · 24th floor · completed 2021

2412, The Palm Tower

Sold prices and rental history: sold once, by the developer in September 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2412 · DLD and Ejari recordsUpdated 22 September 2016
Last soldAED 1.64M22 September 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2412, The Palm Tower

What is 2412 worth today?

Last sold for AED 1,635,500 in 2016

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22 Sep 2016Sold by developerOff-plan
AED 1,635,500AED 3,225 per sqft

Source: Dubai Land Department. Updated 22 September 2016.

Key facts

Type
Studio apartment
Size
507 sqft
Floor
24th of 47
Parking
B3-106
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 1.64M · September 2016

About 2412, The Palm Tower

2412 is a studio of 507 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 22 September 2016 for AED 1,635,500, or AED 3,225 per sqft, 4% above the AED 3,093 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2412 over time

Sales
Unit 2412, 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 2016: AED 1,635,500 (AED 3,225 per sqft)

2412 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2412, 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 2412 sits

All 194 studios →

2412 last sold in September 2016 at AED 3,225 per sqft, 4% above what studios in The Palm Tower were fetching at the time (AED 3,093). 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
2407StudioAED 2.25M · Jan 2026
1–7 of 18

2412, The Palm Tower in numbers

  • Sold once: by The Palm - Jumeirah Co on 22 September 2016 for AED 1,635,500, or AED 3,225 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 September 2016.

Questions about 2412, The Palm Tower

What did unit 2412 last sell for?

AED 1,635,500 on 22 September 2016, sold by the developer: AED 3,225 per sqft for 507 sqft. It is the only registered sale of the unit.

How big is unit 2412?

507 sqft (47.1 sqm): a studio on the 24th floor of a 47-storey tower completed in 2021.

What is unit 2412 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 2412, The Palm Tower

Starts from the last sale price (AED 1.64M, 22 September 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,635,500
Deposit, UAE resident (20%)
AED 327,100
Deposit, non-resident (40%)
AED 654,200
Monthly over 25 years at 3.7%
AED 6,691

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