2618, 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.
Property timeline for 2618, The Palm Tower
What is 2618 worth today?
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Source: Dubai Land Department. Updated 25 February 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,064 sqft
- Floor
- 26th of 47
- Parking
- B3-166
- Developer
- The Palm - Jumeirah Co
- Completed
- 2021
- Last sold
- AED 3.58M · August 2015
- Building
- The Palm Tower
About 2618, The Palm Tower
2618 is a one-bedroom apartment of 1,064 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 23 August 2015 for AED 3,581,000, or AED 3,364 per sqft, 5% above the AED 3,207 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 25 February 2024, is AED 234,896 a year: a gross yield of 6.6% on the 2015 price.
Sales and rents for 2618 over time
2618 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 2618 sits
All 226 1-beds →2618 last sold in August 2015 at AED 3,364 per sqft, 5% above what one-beds in The Palm Tower were fetching at the time (AED 3,207). 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. 2618's AED 234,896 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 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 | |
| 2616 | Studio | 524 sqft | AED 2.23MAED 2,230,000 · Apr 2026April 2026 | 128,125 /yr | |
| 2617 | Studio | 524 sqft | AED 1.7MAED 1,699,000 · Aug 2015August 2015 | 128,125 /yr | |
| 2619 | 1-bed | 1,109 sqft | AED 3.58MAED 3,581,000 · Aug 2015August 2015 | 234,896 /yr |
2618, The Palm Tower in numbers
- Sold once: by The Palm - Jumeirah Co on 23 August 2015 for AED 3,581,000, or AED 3,364 per sqft.
- Rented since February 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 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 25 February 2024.
Questions about 2618, The Palm Tower
What did unit 2618 last sell for?
AED 3,581,000 on 23 August 2015, sold by the developer: AED 3,364 per sqft for 1,064 sqft. It is the only registered sale of the unit.
What is the rent for unit 2618?
AED 234,896 a year on the contract renewed on 25 February 2024. The previous contract, from February 2023, was AED 229,167.
How big is unit 2618?
1,064 sqft (98.8 sqm): a one-bedroom apartment on the 26th floor of a 47-storey tower completed in 2021.
What is unit 2618 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 2618, The Palm Tower
Starts from the last sale price (AED 3.58M, 23 August 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 3,581,000
- Deposit, UAE resident (20%)
- AED 716,200
- Deposit, non-resident (40%)
- AED 1,432,400
- Monthly over 25 years at 3.7%
- AED 14,651
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →