Studio · 507 sqftThe Palm Tower, Palm Jumeirah · 29th floor · completed 2021

2904, The Palm Tower

Sold prices and rental history: sold once, by the developer in December 2016, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2904 · DLD and Ejari recordsUpdated 15 June 2026
Last soldAED 1.73M22 December 2016
Current rentAED 100K /yr15 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2904, The Palm Tower

What is 2904 worth today?

Last sold for AED 1,732,300 in 2016

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15 Jun 2026RentedNew contract
AED 100,000/yr12 months · AED 190 per sqft
15 Sep 2024RentedNew contract
AED 90,000/yr12 months · AED 171 per sqft
15 Sep 2023RentedRenewal
AED 85,000/yr12 months · AED 161 per sqft
15 Sep 2022RentedNew contract
AED 85,000/yr12 months · AED 161 per sqft
22 Dec 2016Sold by developerOff-plan
AED 1,732,300AED 3,416 per sqft

Source: Dubai Land Department. Updated 15 June 2026.

Key facts

Type
Studio apartment
Size
507 sqft
Floor
29th of 47
Parking
B3-189
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 1.73M · December 2016

About 2904, The Palm Tower

2904 is a studio of 507 sqft on the 29th 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 22 December 2016 for AED 1,732,300, or AED 3,416 per sqft, 4% above the AED 3,279 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 15 June 2026, is AED 100,000 a year: a gross yield of 5.8% on the 2016 price.

Sales and rents for 2904 over time

Sales
Unit 2904, each saleTypical studio in The Palm Tower
1.5M2M20152018202120242027Typical sale price by year: 2015 AED 1,667,100; 2016 AED 1,710,000; 2017 AED 1,484,340; 2018 AED 1,732,300; 2019 AED 1,702,400; 2020 AED 1,823,100; 2021 AED 1,699,200; 2022 AED 1,700,000; 2023 AED 2,042,500; 2024 AED 2,100,000; 2025 AED 2,200,000; 2026 AED 2,200,000Sold by developer, December 2016: AED 1,732,300 (AED 3,416 per sqft)

2904 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2904, each contractTypical studio in The Palm Tower
80K100K120K202220242026Typical rent by year: 2022 AED 102,500; 2023 AED 120,000; 2024 AED 120,000; 2025 AED 125,000; 2026 AED 115,000New contract, September 2022: AED 85,000 a yearRenewal, September 2023: AED 85,000 a yearNew contract, September 2024: AED 90,000 a yearNew contract, June 2026: AED 100,000 a year

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 2904 sits

All 194 studios →

2904 last sold in December 2016 at AED 3,416 per sqft, 4% above what studios in The Palm Tower were fetching at the time (AED 3,279). 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. 2904's AED 100,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
29 Oct 20262,100,000
29 Oct 20262,100,000
16 Oct 20262,075,000
29 Jul 202671,982
20 studio 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 29th floor

All 432 units in The Palm Tower
Value
2901StudioAED 1.9M · Jul 2023
2902StudioAED 1.73M · Sep 2015
2903StudioAED 1.73M · Dec 2016
29051-bedAED 2.67M · Nov 2021
2906StudioAED 1.73M · Nov 2018
2907StudioAED 2.35M · Apr 2025
2908StudioAED 2.2M · Oct 2024
1–7 of 15

2904, The Palm Tower in numbers

  • Sold once: by The Palm - Jumeirah Co on 22 December 2016 for AED 1,732,300, or AED 3,416 per sqft.
  • Rented since September 2022 on 4 Ejari contracts, from AED 85,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2016 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 15 June 2026.

Questions about 2904, The Palm Tower

What did unit 2904 last sell for?

AED 1,732,300 on 22 December 2016, sold by the developer: AED 3,416 per sqft for 507 sqft. It is the only registered sale of the unit.

What is the rent for unit 2904?

AED 100,000 a year on the contract signed on 15 June 2026. The previous contract, from September 2024, was AED 90,000; the unit has been rented since September 2022.

How big is unit 2904?

507 sqft (47.1 sqm): a studio on the 29th floor of a 47-storey tower completed in 2021.

What is unit 2904 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 2904, The Palm Tower

Starts from the last sale price (AED 1.73M, 22 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,732,300
Deposit, UAE resident (20%)
AED 346,460
Deposit, non-resident (40%)
AED 692,920
Monthly over 25 years at 3.7%
AED 7,087

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