1-bed · 1,068 sqftThe Palm Tower, Palm Jumeirah · 25th floor · completed 2021

2518, The Palm Tower

Sold prices and rental history: sold once, by the developer in July 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2518 · DLD and Ejari recordsUpdated 21 July 2015
Last soldAED 3.53M21 July 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2518, The Palm Tower

What is 2518 worth today?

Last sold for AED 3,533,500 in 2015

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21 Jul 2015Sold by developerOff-plan
AED 3,533,500AED 3,307 per sqft

Source: Dubai Land Department. Updated 21 July 2015.

Key facts

Type
1-bed apartment
Size
1,068 sqft
Floor
25th of 47
Parking
B3-129
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 3.53M · July 2015

About 2518, The Palm Tower

2518 is a one-bedroom apartment of 1,068 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 21 July 2015 for AED 3,533,500, or AED 3,307 per sqft, 10% above the AED 2,994 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2518 over time

Sales
Unit 2518, each saleTypical one-bed in The Palm Tower
3M4M5M20152018202120242027Typical sale price by year: 2015 AED 3,514,200; 2016 AED 3,913,900; 2017 AED 3,345,800; 2018 AED 3,185,290; 2019 AED 3,473,440; 2021 AED 3,250,900; 2022 AED 3,578,000; 2023 AED 4,000,000; 2024 AED 4,100,000; 2025 AED 4,900,000; 2026 AED 4,575,000Sold by developer, July 2015: AED 3,533,500 (AED 3,307 per sqft)

2518 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2518, each contractTypical one-bed in The Palm Tower
200K250K202220242026Typical rent by year: 2022 AED 200,000; 2023 AED 230,000; 2024 AED 250,000; 2025 AED 265,000; 2026 AED 240,000

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 2518 sits

All 226 1-beds →

2518 last sold in July 2015 at AED 3,307 per sqft, 10% above what one-beds in The Palm Tower were fetching at the time (AED 2,994). 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.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Nov 20263,700,000
21 Oct 20264,400,000
13 Oct 20264,100,000
2 Oct 20265,500,000
18 1-bed 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 25th floor

All 432 units in The Palm Tower
Value
2501StudioAED 1.68M · Jul 2015
2502StudioAED 1.67M · Jul 2015
2503StudioAED 1.67M · Jul 2015
2504StudioAED 1.67M · Jul 2015
25051-bedAED 3.29M · Jul 2015
2506StudioAED 1.67M · Jul 2015
2507StudioAED 1.67M · Jul 2015
1–7 of 16

2518, The Palm Tower in numbers

  • Sold once: by The Palm - Jumeirah Co on 21 July 2015 for AED 3,533,500, or AED 3,307 per sqft.
  • 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 21 July 2015.

Questions about 2518, The Palm Tower

What did unit 2518 last sell for?

AED 3,533,500 on 21 July 2015, sold by the developer: AED 3,307 per sqft for 1,068 sqft. It is the only registered sale of the unit.

How big is unit 2518?

1,068 sqft (99.2 sqm): a one-bedroom apartment on the 25th floor of a 47-storey tower completed in 2021.

What is unit 2518 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 2518, The Palm Tower

Starts from the last sale price (AED 3.53M, 21 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 3,533,500
Deposit, UAE resident (20%)
AED 706,700
Deposit, non-resident (40%)
AED 1,413,400
Monthly over 25 years at 3.7%
AED 14,457

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