2906, The Palm Tower
Sold prices and rental history: sold once, by the developer in November 2018, and rented once, from November 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2906, The Palm Tower
What is 2906 worth today?
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Source: Dubai Land Department. Updated 1 November 2024.
Key facts
- Type
- Studio apartment
- Size
- 501 sqft
- Floor
- 29th of 47
- Parking
- B3-200
- Developer
- The Palm - Jumeirah Co
- Completed
- 2021
- Last sold
- AED 1.73M · November 2018
- Building
- The Palm Tower
About 2906, The Palm Tower
2906 is a studio of 501 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 5 November 2018 for AED 1,732,300, or AED 3,457 per sqft, 25% above the AED 2,775 studios in the building were fetching at the time.
One Ejari contract is registered, from 1 November 2024. The current contract, signed on 1 November 2024, is AED 80,000 a year: a gross yield of 4.6% on the 2018 price.
Sales and rents for 2906 over time
2906 has sold once; 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 2906 sits
All 194 studios →2906 last sold in November 2018 at AED 3,457 per sqft, 25% above what studios in The Palm Tower were fetching at the time (AED 2,775). 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. 2906's AED 80,000 is at the bottom 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 29th floor
All 432 units in The Palm Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2901 | Studio | 500 sqft | AED 1.9MAED 1,900,000 · Jul 2023July 2023 | 115,000 /yr | |
| 2902 | Studio | 523 sqft | AED 1.73MAED 1,732,300 · Sep 2015September 2015 | ||
| 2903 | Studio | 507 sqft | AED 1.73MAED 1,732,300 · Dec 2016December 2016 | 115,000 /yr | |
| 2904 | Studio | 507 sqft | AED 1.73MAED 1,732,300 · Dec 2016December 2016 | 100,000 /yr | |
| 2905 | 1-bed | 1,055 sqft | AED 2.67MAED 2,667,600 · Nov 2021November 2021 | 209,500 /yr | |
| 2907 | Studio | 517 sqft | AED 2.35MAED 2,350,000 · Apr 2025April 2025 | ||
| 2908 | Studio | 518 sqft | AED 2.2MAED 2,200,000 · Oct 2024October 2024 | ||
| 2909 | 1-bed | 1,115 sqft | AED 2.99MAED 2,988,000 · May 2022May 2022 | ||
| 2910 | 1-bed | 1,114 sqft | AED 2.99MAED 2,988,000 · Nov 2021November 2021 | ||
| 2911 | 1-bed | 1,143 sqft | AED 3.29MAED 3,288,000 · Apr 2022April 2022 | 180,000 /yr | |
| 2913 | 1-bed | 1,055 sqft | AED 4MAED 4,000,000 · Nov 2023November 2023 | 210,000 /yr | |
| 2914 | 1-bed | 1,054 sqft | AED 4MAED 4,000,000 · Nov 2023November 2023 | 225,000 /yr | |
| 2915 | 1-bed | 1,054 sqft | AED 4MAED 4,000,000 · Nov 2023November 2023 | 120,000 /yr | |
| 2918 | 1-bed | 1,069 sqft | AED 3.45MAED 3,450,000 · Apr 2022April 2022 | ||
| 2919 | 1-bed | 1,114 sqft | AED 4.2MAED 4,200,000 · Sep 2022September 2022 | 250,000 /yr |
2906, The Palm Tower in numbers
- Sold once: by The Palm - Jumeirah Co on 5 November 2018 for AED 1,732,300, or AED 3,457 per sqft.
- Rented since November 2024 on one Ejari contract, at AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2018 price is 4.6%.
- 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 1 November 2024.
Questions about 2906, The Palm Tower
What did unit 2906 last sell for?
AED 1,732,300 on 5 November 2018, sold by the developer: AED 3,457 per sqft for 501 sqft. It is the only registered sale of the unit.
What is the rent for unit 2906?
AED 80,000 a year on the contract signed on 1 November 2024.
How big is unit 2906?
501 sqft (46.5 sqm): a studio on the 29th floor of a 47-storey tower completed in 2021.
What is unit 2906 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 2906, The Palm Tower
Starts from the last sale price (AED 1.73M, 5 November 2018). 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 →