1-bed · 1,055 sqftThe Palm Tower, Palm Jumeirah · 26th floor · completed 2021

2605, The Palm Tower

Sold prices and rental history: sold once, by the developer in August 2015, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2605 · DLD and Ejari recordsUpdated 28 January 2024
Last soldAED 3.33M18 August 2015
Current rentAED 235K /yr28 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2605, The Palm Tower

What is 2605 worth today?

Last sold for AED 3,333,200 in 2015

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28 Jan 2024RentedRenewal
AED 234,896/yr12 months · AED 223 per sqft
28 Jan 2023RentedNew contract
AED 229,167/yr12 months · AED 217 per sqft
18 Aug 2015Sold by developerOff-plan
AED 3,333,200AED 3,159 per sqft

Source: Dubai Land Department. Updated 28 January 2024.

Key facts

Type
1-bed apartment
Size
1,055 sqft
Floor
26th of 47
Parking
B3-143
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 3.33M · August 2015

About 2605, The Palm Tower

2605 is a one-bedroom apartment of 1,055 sqft on the 26th 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 August 2015 for AED 3,333,200, or AED 3,159 per sqft, in line with the AED 3,186 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 28 January 2024, is AED 234,896 a year: a gross yield of 7.0% on the 2015 price.

Sales and rents for 2605 over time

Sales
Unit 2605, 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, August 2015: AED 3,333,200 (AED 3,159 per sqft)

2605 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2605, 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 240,000New contract, January 2023: AED 229,167 a yearRenewal, January 2024: AED 234,896 a year

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 2605 sits

All 226 1-beds →

2605 last sold in August 2015 at AED 3,159 per sqft, in line with what one-beds in The Palm Tower were fetching at the time (AED 3,186). 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. 2605's AED 234,896 is in the lower half of that range.

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 26th floor

All 432 units in The Palm Tower
Value
2601StudioAED 2.15M · Apr 2026
2602StudioAED 1.69M · Aug 2015
2603StudioAED 2.28M · Mar 2026
2604StudioAED 1.69M · Aug 2015
2606StudioAED 1.69M · Aug 2015
2607StudioAED 2.1M · Oct 2026
2608StudioAED 2.1M · Oct 2026
1–7 of 18

2605, The Palm Tower in numbers

  • Sold once: by The Palm - Jumeirah Co on 18 August 2015 for AED 3,333,200, or AED 3,159 per sqft.
  • Rented since January 2023 on 2 Ejari contracts, from AED 229,167 to AED 234,896 a year.
  • At AED 234,896 a year the gross yield on the 2015 price is 7.0%.
  • 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 28 January 2024.

Questions about 2605, The Palm Tower

What did unit 2605 last sell for?

AED 3,333,200 on 18 August 2015, sold by the developer: AED 3,159 per sqft for 1,055 sqft. It is the only registered sale of the unit.

What is the rent for unit 2605?

AED 234,896 a year on the contract renewed on 28 January 2024. The previous contract, from January 2023, was AED 229,167.

How big is unit 2605?

1,055 sqft (98.0 sqm): a one-bedroom apartment on the 26th floor of a 47-storey tower completed in 2021.

What is unit 2605 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 2605, The Palm Tower

Starts from the last sale price (AED 3.33M, 18 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 3,333,200
Deposit, UAE resident (20%)
AED 666,640
Deposit, non-resident (40%)
AED 1,333,280
Monthly over 25 years at 3.7%
AED 13,637

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