Studio · 524 sqftThe Palm Tower, Palm Jumeirah · 31st floor · completed 2021

3115, The Palm Tower

Sold prices and rental history: sold twice, last in April 2025, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3115 · DLD and Ejari recordsUpdated 11 April 2025
Last soldAED 2.25M11 April 2025
Current rentAED 120K /yr13 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3115, The Palm Tower

What is 3115 worth today?

Last sold for AED 2,250,000 in 2025

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

11 Apr 2025SoldReady
AED 2,250,000AED 4,292 per sqft
13 Mar 2024RentedNew contract
AED 120,000/yr12 months · AED 229 per sqft
8 Feb 2023RentedNew contract
AED 132,000/yr12 months · AED 252 per sqft
29 Jul 2015Sold by developerOff-plan
AED 1,769,300AED 3,375 per sqft

Source: Dubai Land Department. Updated 11 April 2025.

Key facts

Type
Studio apartment
Size
524 sqft
Floor
31st of 47
Parking
B3-177
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 2.25M · April 2025

About 3115, The Palm Tower

3115 is a studio of 524 sqft on the 31st floor of The Palm Tower, a 47-storey tower in Palm Jumeirah completed in 2021 by The Palm - Jumeirah Co. It last sold on 11 April 2025 for AED 2,250,000, or AED 4,292 per sqft, 3% above the AED 4,163 studios in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 13 March 2024, is AED 120,000 a year: a gross yield of 5.3% on the 2025 price.

Sales and rents for 3115 over time

Sales
Unit 3115, 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, July 2015: AED 1,769,300 (AED 3,375 per sqft)Sold, April 2025: AED 2,250,000 (AED 4,292 per sqft)

3115 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 3115, 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, February 2023: AED 132,000 a yearNew contract, March 2024: AED 120,000 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 3115 sits

All 194 studios →

3115 last sold in April 2025 at AED 4,292 per sqft, 3% above what studios in The Palm Tower were fetching at the time (AED 4,163). 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. 3115's AED 120,000 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 31st floor

All 432 units in The Palm Tower
Value
3101StudioAED 1.8M · Jul 2015
3102StudioAED 1.78M · Jul 2015
3103StudioAED 1.78M · Jul 2015
3104StudioAED 1.78M · Jul 2015
31051-bedAED 3.51M · Jul 2015
3106StudioAED 1.78M · Jul 2015
3107StudioAED 1.78M · Jul 2015
1–7 of 18

3115, The Palm Tower in numbers

  • Sold twice: first on 29 July 2015 for AED 1,769,300, last on 11 April 2025 for AED 2,250,000 (AED 4,292 per sqft).
  • Rented since February 2023 on 2 Ejari contracts, from AED 132,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2025 price is 5.3%.
  • 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 11 April 2025.

Questions about 3115, The Palm Tower

What did unit 3115 last sell for?

AED 2,250,000 on 11 April 2025: AED 4,292 per sqft for 524 sqft. The unit has 2 registered sales; the first was AED 1,769,300 in July 2015.

What is the rent for unit 3115?

AED 120,000 a year on the contract signed on 13 March 2024. The previous contract, from February 2023, was AED 132,000.

How big is unit 3115?

524 sqft (48.7 sqm): a studio on the 31st floor of a 47-storey tower completed in 2021.

What is unit 3115 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.

Selling 3115? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 3115, The Palm Tower

Starts from the last sale price (AED 2.25M, 11 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

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