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

2415, The Palm Tower

Sold prices and rental history: sold once, by the developer in November 2021, and rented once, from August 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2415 · DLD and Ejari recordsUpdated 27 August 2023
Last soldAED 1.47M23 November 2021
Current rentAED 150K /yr27 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2415, The Palm Tower

What is 2415 worth today?

Last sold for AED 1,474,200 in 2021

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27 Aug 2023RentedNew contract
AED 150,000/yr12 months · AED 284 per sqft
23 Nov 2021Sold by developerOff-plan
AED 1,474,200AED 2,907 per sqft

Source: Dubai Land Department. Updated 27 August 2023.

Key facts

Type
Studio apartment
Size
507 sqft
Floor
24th of 47
Parking
B3-124
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 1.47M · November 2021

About 2415, The Palm Tower

2415 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 23 November 2021 for AED 1,474,200, or AED 2,907 per sqft, 11% below the AED 3,279 studios in the building were fetching at the time.

One Ejari contract is registered, from 27 August 2023. The current contract, signed on 27 August 2023, is AED 150,000 a year: a gross yield of 10.2% on the 2021 price.

Sales and rents for 2415 over time

Sales
Unit 2415, 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 2021: AED 1,474,200 (AED 2,907 per sqft)

2415 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2415, each contractTypical studio in The Palm Tower
100K125K150K202220242026Typical rent by year: 2022 AED 102,500; 2023 AED 120,000; 2024 AED 120,000; 2025 AED 125,000; 2026 AED 115,000New contract, August 2023: AED 150,000 a year

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 2415 sits

All 194 studios →

2415 last sold in November 2021 at AED 2,907 per sqft, 11% below what studios in The Palm Tower were fetching at the time (AED 3,279). 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. 2415's AED 150,000 is in the upper half of that range.

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

2415, The Palm Tower in numbers

  • Sold once: by The Palm - Jumeirah Co on 23 November 2021 for AED 1,474,200, or AED 2,907 per sqft.
  • Rented since August 2023 on one Ejari contract, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2021 price is 10.2%.
  • 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 27 August 2023.

Questions about 2415, The Palm Tower

What did unit 2415 last sell for?

AED 1,474,200 on 23 November 2021, sold by the developer: AED 2,907 per sqft for 507 sqft. It is the only registered sale of the unit.

What is the rent for unit 2415?

AED 150,000 a year on the contract signed on 27 August 2023.

How big is unit 2415?

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

What is unit 2415 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 2415, The Palm Tower

Starts from the last sale price (AED 1.47M, 23 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,474,200
Deposit, UAE resident (20%)
AED 294,840
Deposit, non-resident (40%)
AED 589,680
Monthly over 25 years at 3.7%
AED 6,031

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