2516, The Palm Tower
Sold prices and rental history: sold once, by the developer in August 2021, and rented once, from February 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2516, The Palm Tower
What is 2516 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 20 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,054 sqft
- Floor
- 25th of 47
- Parking
- B3-97
- Developer
- The Palm - Jumeirah Co
- Completed
- 2021
- Last sold
- AED 3.03M · August 2021
- Building
- The Palm Tower
About 2516, The Palm Tower
2516 is a one-bedroom apartment of 1,054 sqft on the 25th 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 15 August 2021 for AED 3,028,000, or AED 2,872 per sqft, 5% below the AED 3,011 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 20 February 2026. The current contract, signed on 20 February 2026, is AED 200,000 a year: a gross yield of 6.6% on the 2021 price.
Sales and rents for 2516 over time
2516 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 2516 sits
All 226 1-beds →2516 last sold in August 2021 at AED 2,872 per sqft, 5% below what one-beds in The Palm Tower were fetching at the time (AED 3,011). 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. 2516's AED 200,000 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 25th floor
All 432 units in The Palm Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2501 | Studio | 501 sqft | AED 1.68MAED 1,684,100 · Jul 2015July 2015 | ||
| 2502 | Studio | 523 sqft | AED 1.67MAED 1,665,400 · Jul 2015July 2015 | ||
| 2503 | Studio | 524 sqft | AED 1.67MAED 1,665,400 · Jul 2015July 2015 | ||
| 2504 | Studio | 524 sqft | AED 1.67MAED 1,665,400 · Jul 2015July 2015 | ||
| 2505 | 1-bed | 1,055 sqft | AED 3.29MAED 3,287,900 · Jul 2015July 2015 | ||
| 2506 | Studio | 523 sqft | AED 1.67MAED 1,665,400 · Jul 2015July 2015 | ||
| 2507 | Studio | 517 sqft | AED 1.67MAED 1,665,400 · Jul 2015July 2015 | ||
| 2508 | Studio | 518 sqft | AED 1.65MAED 1,646,700 · Jul 2015July 2015 | ||
| 2509 | 1-bed | 1,113 sqft | AED 2.84MAED 2,838,600 · Nov 2021November 2021 | 300,000 /yr | |
| 2510 | 1-bed | 1,113 sqft | AED 4.8MAED 4,800,000 · Apr 2026April 2026 | 270,728 /yr | |
| 2511 | 1-bed | 1,143 sqft | AED 3.29MAED 3,288,000 · Jul 2022July 2022 | ||
| 2513 | 1-bed | 1,055 sqft | AED 4MAED 4,000,000 · Dec 2024December 2024 | 200,000 /yr | |
| 2514 | Studio | 524 sqft | AED 2.12MAED 2,120,000 · Jul 2026July 2026 | ||
| 2515 | Studio | 507 sqft | AED 1.66MAED 1,657,800 · Nov 2016November 2016 | ||
| 2518 | 1-bed | 1,068 sqft | AED 3.53MAED 3,533,500 · Jul 2015July 2015 | ||
| 2519 | 1-bed | 1,114 sqft | AED 3.53MAED 3,533,500 · Jul 2015July 2015 |
2516, The Palm Tower in numbers
- Sold once: by The Palm - Jumeirah Co on 15 August 2021 for AED 3,028,000, or AED 2,872 per sqft.
- Rented since February 2026 on one Ejari contract, at AED 200,000 a year.
- At AED 200,000 a year the gross yield on the 2021 price is 6.6%.
- 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 20 February 2026.
Questions about 2516, The Palm Tower
What did unit 2516 last sell for?
AED 3,028,000 on 15 August 2021, sold by the developer: AED 2,872 per sqft for 1,054 sqft. It is the only registered sale of the unit.
What is the rent for unit 2516?
AED 200,000 a year on the contract signed on 20 February 2026.
How big is unit 2516?
1,054 sqft (97.9 sqm): a one-bedroom apartment on the 25th floor of a 47-storey tower completed in 2021.
What is unit 2516 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.
Selling 2516? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 2516, The Palm Tower
Starts from the last sale price (AED 3.03M, 15 August 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 3,028,000
- Deposit, UAE resident (20%)
- AED 605,600
- Deposit, non-resident (40%)
- AED 1,211,200
- Monthly over 25 years at 3.7%
- AED 12,388
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →