2918, The Palm Tower
Sold prices and rental history: sold twice, last in April 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2918, The Palm Tower
What is 2918 worth today?
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Source: Dubai Land Department. Updated 8 April 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 1,069 sqft
- Floor
- 29th of 47
- Parking
- B3-206
- Developer
- The Palm - Jumeirah Co
- Completed
- 2021
- Last sold
- AED 3.45M · April 2022
- Building
- The Palm Tower
About 2918, The Palm Tower
2918 is a one-bedroom apartment of 1,069 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 8 April 2022 for AED 3,450,000, or AED 3,226 per sqft, 8% above the AED 2,990 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 2918 over time
2918 has sold twice; 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 2918 sits
All 226 1-beds →2918 last sold in April 2022 at AED 3,226 per sqft, 8% above what one-beds in The Palm Tower were fetching at the time (AED 2,990). 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.
| 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 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 | |
| 2906 | Studio | 501 sqft | AED 1.73MAED 1,732,300 · Nov 2018November 2018 | 80,000 /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 | |
| 2919 | 1-bed | 1,114 sqft | AED 4.2MAED 4,200,000 · Sep 2022September 2022 | 250,000 /yr |
2918, The Palm Tower in numbers
- Sold twice: first on 3 January 2017 for AED 3,676,100, last on 8 April 2022 for AED 3,450,000 (AED 3,226 per sqft).
- 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 8 April 2022.
Questions about 2918, The Palm Tower
What did unit 2918 last sell for?
AED 3,450,000 on 8 April 2022: AED 3,226 per sqft for 1,069 sqft. The unit has 2 registered sales; the first was AED 3,676,100 in January 2017.
How big is unit 2918?
1,069 sqft (99.3 sqm): a one-bedroom apartment on the 29th floor of a 47-storey tower completed in 2021.
What is unit 2918 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 2918, The Palm Tower
Starts from the last sale price (AED 3.45M, 8 April 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 3,450,000
- Deposit, UAE resident (20%)
- AED 690,000
- Deposit, non-resident (40%)
- AED 1,380,000
- Monthly over 25 years at 3.7%
- AED 14,115
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →