2616, The Palm Tower
Sold prices and rental history: sold twice, last in April 2026, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2616, The Palm Tower
What is 2616 worth today?
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Source: Dubai Land Department. Updated 9 April 2026.
Key facts
- Type
- Studio apartment
- Size
- 524 sqft
- Floor
- 26th of 47
- Parking
- B3-168
- Developer
- The Palm - Jumeirah Co
- Completed
- 2021
- Last sold
- AED 2.23M · April 2026
- Building
- The Palm Tower
About 2616, The Palm Tower
2616 is a studio of 524 sqft on the 26th floor of The Palm Tower, a 47-storey tower in Palm Jumeirah completed in 2021 by The Palm - Jumeirah Co. It last sold on 9 April 2026 for AED 2,230,000, or AED 4,259 per sqft, in line with the AED 4,343 studios in the building were fetching at the time.
It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 26 January 2024, is AED 128,125 a year: a gross yield of 5.8% on the 2026 price.
Sales and rents for 2616 over time
2616 has sold twice; the dashed line is the studio median of each year in the building.
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 2616 sits
All 194 studios →2616 last sold in April 2026 at AED 4,259 per sqft, in line with what studios in The Palm Tower were fetching at the time (AED 4,343). 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. 2616's AED 128,125 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Oct 202629 October 2026 | 518 sqft | 2,100,000 | 4,053 | ||
| 29 Oct 202629 October 2026 | 518 sqft | 2,100,000 | 4,056 | ||
| 16 Oct 202616 October 2026 | 524 sqft | 2,075,000 | 3,960 | ||
| 29 Jul 202629 July 2026 | 26 sqft | 71,982 | 2,752 |
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 26th floor
All 432 units in The Palm Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2601 | Studio | 494 sqft | AED 2.15MAED 2,150,000 · Apr 2026April 2026 | 128,125 /yr | |
| 2602 | Studio | 524 sqft | AED 1.69MAED 1,687,700 · Aug 2015August 2015 | 128,125 /yr | |
| 2603 | Studio | 524 sqft | AED 2.28MAED 2,275,000 · Mar 2026March 2026 | 128,125 /yr | |
| 2604 | Studio | 524 sqft | AED 1.69MAED 1,687,700 · Aug 2015August 2015 | 128,125 /yr | |
| 2605 | 1-bed | 1,055 sqft | AED 3.33MAED 3,333,200 · Aug 2015August 2015 | 234,896 /yr | |
| 2606 | Studio | 523 sqft | AED 1.69MAED 1,687,700 · Aug 2015August 2015 | 128,125 /yr | |
| 2607 | Studio | 518 sqft | AED 2.1MAED 2,100,000 · Oct 2026October 2026 | 128,125 /yr | |
| 2608 | Studio | 518 sqft | AED 2.1MAED 2,100,000 · Oct 2026October 2026 | 128,125 /yr | |
| 2609 | 1-bed | 1,110 sqft | AED 4.4MAED 4,400,000 · Oct 2026October 2026 | 234,896 /yr | |
| 2610 | 1-bed | 1,109 sqft | AED 4.5MAED 4,500,000 · May 2026May 2026 | 220,000 /yr | |
| 2611 | Studio | 601 sqft | AED 1.98MAED 1,977,700 · Aug 2015August 2015 | 128,125 /yr | |
| 2612 | Studio | 520 sqft | AED 1.68MAED 1,680,100 · Aug 2015August 2015 | 128,125 /yr | |
| 2613 | 1-bed | 1,058 sqft | AED 3.3MAED 3,299,900 · Aug 2015August 2015 | 234,896 /yr | |
| 2614 | Studio | 524 sqft | AED 1.68MAED 1,680,100 · Aug 2015August 2015 | 128,125 /yr | |
| 2615 | Studio | 524 sqft | AED 1.68MAED 1,680,100 · Aug 2015August 2015 | 128,125 /yr | |
| 2617 | Studio | 524 sqft | AED 1.7MAED 1,699,000 · Aug 2015August 2015 | 128,125 /yr | |
| 2618 | 1-bed | 1,064 sqft | AED 3.58MAED 3,581,000 · Aug 2015August 2015 | 234,896 /yr | |
| 2619 | 1-bed | 1,109 sqft | AED 3.58MAED 3,581,000 · Aug 2015August 2015 | 234,896 /yr |
2616, The Palm Tower in numbers
- Sold twice: first on 23 August 2015 for AED 1,680,100, last on 9 April 2026 for AED 2,230,000 (AED 4,259 per sqft).
- Rented since January 2023 on 2 Ejari contracts, from AED 125,000 to AED 128,125 a year.
- At AED 128,125 a year the gross yield on the 2026 price is 5.8%.
- 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 9 April 2026.
Questions about 2616, The Palm Tower
What did unit 2616 last sell for?
AED 2,230,000 on 9 April 2026: AED 4,259 per sqft for 524 sqft. The unit has 2 registered sales; the first was AED 1,680,100 in August 2015.
What is the rent for unit 2616?
AED 128,125 a year on the contract renewed on 26 January 2024. The previous contract, from January 2023, was AED 125,000.
How big is unit 2616?
524 sqft (48.7 sqm): a studio on the 26th floor of a 47-storey tower completed in 2021.
What is unit 2616 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 2616, The Palm Tower
Starts from the last sale price (AED 2.23M, 9 April 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 2,230,000
- Deposit, UAE resident (20%)
- AED 446,000
- Deposit, non-resident (40%)
- AED 892,000
- Monthly over 25 years at 3.7%
- AED 9,124
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →