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Studio · 524 sqftThe Palm Tower, Palm Jumeirah · 30th floor · completed 2021

3016, The Palm Tower

Sold prices and rental history: sold 3 times, last in March 2023, and rented once, from September 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3016 · DLD and Ejari recordsUpdated 21 September 2025
Last soldAED 1.93M9 March 2023
Current rentAED 145K /yr21 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3016, The Palm Tower

What is 3016 worth today?

Last sold for AED 1,930,000 in 2023

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21 Sep 2025RentedNew contract
AED 145,000/yr12 months · AED 275 per sqft
9 Mar 2023SoldReady
AED 1,930,000AED 3,686 per sqft
27 Apr 2022SoldReady
AED 1,500,000AED 2,865 per sqft
27 Oct 2015Sold by developerOff-plan
AED 1,747,000AED 3,336 per sqft

Source: Dubai Land Department. Updated 21 September 2025.

Key facts

Type
Studio apartment
Size
524 sqft
Floor
30th of 47
Parking
B3-295
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 1.93M · March 2023
Building
The Palm Tower

About 3016, The Palm Tower

3016 is a studio of 524 sqft on the 30th floor of The Palm Tower, a 47-storey tower in Palm Jumeirah completed in 2021 by The Palm - Jumeirah Co. It last sold on 9 March 2023 for AED 1,930,000, or AED 3,686 per sqft, 10% above the AED 3,358 studios in the building were fetching at the time.

One Ejari contract is registered, from 21 September 2025. The current contract, signed on 21 September 2025, is AED 145,000 a year: a gross yield of 7.5% on the 2023 price.

Sales and rents for 3016 over time

Sales
Unit 3016, 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, October 2015: AED 1,747,000 (AED 3,336 per sqft)Sold, April 2022: AED 1,500,000 (AED 2,865 per sqft)Sold, March 2023: AED 1,930,000 (AED 3,686 per sqft)

3016 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 3016, each contractTypical studio in The Palm Tower
100K120K140K202220242026Typical 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 2025: AED 145,000 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 3016 sits

All 194 studios →

3016 last sold in March 2023 at AED 3,686 per sqft, 10% above what studios in The Palm Tower were fetching at the time (AED 3,358). 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. 3016's AED 145,000 is in the upper 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
3002StudioAED 1.75M · Aug 2015
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
1–7 of 17

3016, The Palm Tower in numbers

  • Sold 3 times: first on 27 October 2015 for AED 1,747,000, last on 9 March 2023 for AED 1,930,000 (AED 3,686 per sqft).
  • Rented since September 2025 on one Ejari contract, at AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2023 price is 7.5%.
  • 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 21 September 2025.

Questions about 3016, The Palm Tower

What did unit 3016 last sell for?

AED 1,930,000 on 9 March 2023: AED 3,686 per sqft for 524 sqft. The unit has 3 registered sales; the first was AED 1,747,000 in October 2015.

What is the rent for unit 3016?

AED 145,000 a year on the contract signed on 21 September 2025.

How big is unit 3016?

524 sqft (48.7 sqm): a studio on the 30th floor of a 47-storey tower completed in 2021.

What is unit 3016 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 3016, The Palm Tower

Starts from the last sale price (AED 1.93M, 9 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,930,000
Deposit, UAE resident (20%)
AED 386,000
Deposit, non-resident (40%)
AED 772,000
Monthly over 25 years at 3.7%
AED 7,896

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