3118, 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 3118, The Palm Tower
What is 3118 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 18 April 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 1,064 sqft
- Floor
- 31st of 47
- Parking
- B3-288
- Developer
- The Palm - Jumeirah Co
- Completed
- 2021
- Last sold
- AED 3.27M · April 2022
- Building
- The Palm Tower
About 3118, The Palm Tower
3118 is a one-bedroom apartment of 1,064 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 18 April 2022 for AED 3,270,000, or AED 3,072 per sqft, in line with the AED 2,999 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 3118 over time
3118 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 3118 sits
All 226 1-beds →3118 last sold in April 2022 at AED 3,072 per sqft, in line with what one-beds in The Palm Tower were fetching at the time (AED 2,999). 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 31st floor
All 432 units in The Palm Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3101 | Studio | 494 sqft | AED 1.8MAED 1,796,800 · Jul 2015July 2015 | 110,025 /yr | |
| 3102 | Studio | 524 sqft | AED 1.78MAED 1,776,900 · Jul 2015July 2015 | 125,000 /yr | |
| 3103 | Studio | 524 sqft | AED 1.78MAED 1,776,900 · Jul 2015July 2015 | 130,000 /yr | |
| 3104 | Studio | 524 sqft | AED 1.78MAED 1,776,900 · Jul 2015July 2015 | 120,000 /yr | |
| 3105 | 1-bed | 1,055 sqft | AED 3.51MAED 3,514,200 · Jul 2015July 2015 | 215,000 /yr | |
| 3106 | Studio | 523 sqft | AED 1.78MAED 1,776,900 · Jul 2015July 2015 | 115,000 /yr | |
| 3107 | Studio | 518 sqft | AED 1.78MAED 1,776,900 · Jul 2015July 2015 | 110,000 /yr | |
| 3108 | Studio | 518 sqft | AED 2.25MAED 2,250,000 · Apr 2025April 2025 | 110,000 /yr | |
| 3109 | 1-bed | 1,110 sqft | AED 3.19MAED 3,185,290 · Nov 2018November 2018 | 306,177 /yr | |
| 3110 | 1-bed | 1,109 sqft | AED 3.19MAED 3,185,290 · Nov 2018November 2018 | 300,000 /yr | |
| 3111 | Studio | 601 sqft | AED 2.08MAED 2,082,700 · Dec 2019December 2019 | ||
| 3112 | Studio | 520 sqft | AED 1.77MAED 1,769,300 · Jul 2015July 2015 | 115,500 /yr | |
| 3113 | 1-bed | 1,058 sqft | AED 3.48MAED 3,479,900 · Jul 2015July 2015 | 250,000 /yr | |
| 3114 | Studio | 524 sqft | AED 2.3MAED 2,300,000 · Apr 2025April 2025 | 120,000 /yr | |
| 3115 | Studio | 524 sqft | AED 2.25MAED 2,250,000 · Apr 2025April 2025 | 120,000 /yr | |
| 3116 | Studio | 524 sqft | AED 1.77MAED 1,769,300 · Jul 2015July 2015 | 100,000 /yr | |
| 3117 | Studio | 524 sqft | AED 1.79MAED 1,789,200 · Jul 2015July 2015 | 100,000 /yr | |
| 3119 | 1-bed | 1,109 sqft | AED 5.5MAED 5,500,000 · Dec 2023December 2023 |
3118, The Palm Tower in numbers
- Sold twice: first on 27 October 2015 for AED 3,771,200, last on 18 April 2022 for AED 3,270,000 (AED 3,072 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 18 April 2022.
Questions about 3118, The Palm Tower
What did unit 3118 last sell for?
AED 3,270,000 on 18 April 2022: AED 3,072 per sqft for 1,064 sqft. The unit has 2 registered sales; the first was AED 3,771,200 in October 2015.
How big is unit 3118?
1,064 sqft (98.8 sqm): a one-bedroom apartment on the 31st floor of a 47-storey tower completed in 2021.
What is unit 3118 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.
Selling 3118? 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.
Mortgage on 3118, The Palm Tower
Starts from the last sale price (AED 3.27M, 18 April 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 3,270,000
- Deposit, UAE resident (20%)
- AED 654,000
- Deposit, non-resident (40%)
- AED 1,308,000
- Monthly over 25 years at 3.7%
- AED 13,379
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →