Studio · 523 sqftThe Palm Tower, Palm Jumeirah · 30th floor · completed 2021

3002, The Palm Tower

Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3002 · DLD and Ejari recordsUpdated 15 May 2026
Last soldAED 1.75M3 August 2015
Current rentAED 125K /yr15 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3002, The Palm Tower

What is 3002 worth today?

Last sold for AED 1,754,600 in 2015

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15 May 2026RentedNew contract
AED 125,000/yr12 months · AED 242 per sqft
14 Jun 2025RentedNew contract
AED 120,000/yr12 months · AED 228 per sqft
14 Jun 2025RentedNew contract
AED 120,000/yr12 months · AED 228 per sqft
25 May 2024RentedRenewal
AED 115,000/yr12 months · AED 223 per sqft
25 May 2023RentedNew contract
AED 115,000/yr12 months · AED 223 per sqft
1 May 2022RentedNew contract
AED 89,000/yr12 months · AED 170 per sqft
3 Aug 2015Sold by developerOff-plan
AED 1,754,600AED 3,351 per sqft

Source: Dubai Land Department. Updated 15 May 2026.

Key facts

Type
Studio apartment
Size
523 sqft
Floor
30th of 47
Parking
B3-207
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 1.75M · August 2015

About 3002, The Palm Tower

3002 is a studio of 523 sqft on the 30th 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 3 August 2015 for AED 1,754,600, or AED 3,351 per sqft, in line with the AED 3,271 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, signed on 15 May 2026, is AED 125,000 a year: a gross yield of 7.1% on the 2015 price.

Sales and rents for 3002 over time

Sales
Unit 3002, 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, August 2015: AED 1,754,600 (AED 3,351 per sqft)

3002 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 3002, each contractTypical studio in The Palm Tower
100K120K202220242026Typical rent by year: 2022 AED 102,500; 2023 AED 120,000; 2024 AED 120,000; 2025 AED 125,000; 2026 AED 115,000New contract, May 2022: AED 89,000 a yearNew contract, May 2023: AED 115,000 a yearRenewal, May 2024: AED 115,000 a yearNew contract, June 2025: AED 120,000 a yearNew contract, June 2025: AED 120,000 a yearNew contract, May 2026: AED 125,000 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 3002 sits

All 194 studios →

3002 last sold in August 2015 at AED 3,351 per sqft, in line with what studios in The Palm Tower were fetching at the time (AED 3,271). 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. 3002's AED 125,000 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 30th floor

All 432 units in The Palm Tower
Value
3001StudioAED 1.46M · Apr 2018
3003StudioAED 1.75M · Jul 2015
3004StudioAED 1.75M · Jul 2015
30051-bedAED 2.7M · Nov 2021
3006StudioAED 1.75M · Jul 2015
3007StudioAED 1.75M · Jul 2015
3008StudioAED 1.73M · Aug 2015
1–7 of 17

3002, The Palm Tower in numbers

  • Sold once: by The Palm - Jumeirah Co on 3 August 2015 for AED 1,754,600, or AED 3,351 per sqft.
  • Rented since May 2022 on 6 Ejari contracts, from AED 89,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2015 price is 7.1%.
  • 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 May 2026.

Questions about 3002, The Palm Tower

What did unit 3002 last sell for?

AED 1,754,600 on 3 August 2015, sold by the developer: AED 3,351 per sqft for 523 sqft. It is the only registered sale of the unit.

What is the rent for unit 3002?

AED 125,000 a year on the contract signed on 15 May 2026. The previous contract, from June 2025, was AED 120,000; the unit has been rented since May 2022.

How big is unit 3002?

523 sqft (48.6 sqm): a studio on the 30th floor of a 47-storey tower completed in 2021.

What is unit 3002 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 3002, The Palm Tower

Starts from the last sale price (AED 1.75M, 3 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,754,600
Deposit, UAE resident (20%)
AED 350,920
Deposit, non-resident (40%)
AED 701,840
Monthly over 25 years at 3.7%
AED 7,179

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