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1-bed · 1,054 sqftThe Palm Tower, Palm Jumeirah · 29th floor · completed 2021

2914, The Palm Tower

Sold prices and rental history: sold 3 times, last in November 2023, and rented once, from February 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2914 · DLD and Ejari recordsUpdated 15 November 2023
Last soldAED 4M15 November 2023
Current rentAED 225K /yr23 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2914, The Palm Tower

What is 2914 worth today?

Last sold for AED 4,000,000 in 2023

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15 Nov 2023SoldReady
AED 4,000,000AED 3,793 per sqft
12 Jul 2023SoldReady
AED 3,500,000AED 3,319 per sqft
23 Feb 2023RentedNew contract
AED 225,000/yr12 months · AED 213 per sqft
18 Jul 2022Sold by developerReady
AED 3,158,000AED 2,995 per sqft

Source: Dubai Land Department. Updated 15 November 2023.

Key facts

Type
1-bed apartment
Size
1,054 sqft
Floor
29th of 47
Parking
B3-201
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 4M · November 2023
Building
The Palm Tower

About 2914, The Palm Tower

2914 is a one-bedroom apartment of 1,054 sqft on the 29th floor of The Palm Tower, a 47-storey tower in Palm Jumeirah completed in 2021 by The Palm - Jumeirah Co. It last sold on 15 November 2023 for AED 4,000,000, or AED 3,793 per sqft, 6% above the AED 3,583 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 23 February 2023. The current contract, signed on 23 February 2023, is AED 225,000 a year: a gross yield of 5.6% on the 2023 price.

Sales and rents for 2914 over time

Sales
Unit 2914, 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, July 2022: AED 3,158,000 (AED 2,995 per sqft)Sold, July 2023: AED 3,500,000 (AED 3,319 per sqft)Sold, November 2023: AED 4,000,000 (AED 3,793 per sqft)

2914 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2914, 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, February 2023: AED 225,000 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 2914 sits

All 226 1-beds →

2914 last sold in November 2023 at AED 3,793 per sqft, 6% above what one-beds in The Palm Tower were fetching at the time (AED 3,583). 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. 2914's AED 225,000 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 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
2904StudioAED 1.73M · Dec 2016
29051-bedAED 2.67M · Nov 2021
2906StudioAED 1.73M · Nov 2018
2907StudioAED 2.35M · Apr 2025
1–7 of 15

2914, The Palm Tower in numbers

  • Sold 3 times: first on 18 July 2022 for AED 3,158,000, last on 15 November 2023 for AED 4,000,000 (AED 3,793 per sqft).
  • Rented since February 2023 on one Ejari contract, at AED 225,000 a year.
  • At AED 225,000 a year the gross yield on the 2023 price is 5.6%.
  • 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 15 November 2023.

Questions about 2914, The Palm Tower

What did unit 2914 last sell for?

AED 4,000,000 on 15 November 2023: AED 3,793 per sqft for 1,054 sqft. The unit has 3 registered sales; the first was AED 3,158,000 in July 2022.

What is the rent for unit 2914?

AED 225,000 a year on the contract signed on 23 February 2023.

How big is unit 2914?

1,054 sqft (97.9 sqm): a one-bedroom apartment on the 29th floor of a 47-storey tower completed in 2021.

What is unit 2914 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 2914, The Palm Tower

Starts from the last sale price (AED 4M, 15 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

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