3201, The Palm Tower
Sold prices and rental history: sold twice, last in May 2024, and rented once, from July 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3201, The Palm Tower
What is 3201 worth today?
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Source: Dubai Land Department. Updated 3 July 2024.
Key facts
- Type
- Studio apartment
- Size
- 501 sqft
- Floor
- 32nd of 47
- Parking
- B3-286
- Developer
- The Palm - Jumeirah Co
- Completed
- 2021
- Last sold
- AED 2.08M · May 2024
- Building
- The Palm Tower
About 3201, The Palm Tower
3201 is a studio of 501 sqft on the 32nd floor of The Palm Tower, a 47-storey tower in Palm Jumeirah completed in 2021 by The Palm - Jumeirah Co. It last sold on 22 May 2024 for AED 2,080,000, or AED 4,152 per sqft, 3% above the AED 4,012 studios in the building were fetching at the time.
One Ejari contract is registered, from 3 July 2024. The current contract, signed on 3 July 2024, is AED 125,000 a year: a gross yield of 6.0% on the 2024 price.
Sales and rents for 3201 over time
3201 has sold twice; the dashed line is the studio median of each year in the building.
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 3201 sits
All 194 studios →3201 last sold in May 2024 at AED 4,152 per sqft, 3% above what studios in The Palm Tower were fetching at the time (AED 4,012). 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. 3201's AED 125,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Oct 202629 October 2026 | 518 sqft | 2,100,000 | 4,053 | ||
| 29 Oct 202629 October 2026 | 518 sqft | 2,100,000 | 4,056 | ||
| 16 Oct 202616 October 2026 | 524 sqft | 2,075,000 | 3,960 | ||
| 29 Jul 202629 July 2026 | 26 sqft | 71,982 | 2,752 |
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 32nd floor
All 432 units in The Palm Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3202 | Studio | 523 sqft | AED 1.85MAED 1,850,000 · Feb 2023February 2023 | 115,000 /yr | |
| 3203 | Studio | 524 sqft | AED 2MAED 2,000,000 · May 2023May 2023 | ||
| 3204 | Studio | 524 sqft | AED 1.8MAED 1,799,200 · Sep 2015September 2015 | 150,000 /yr | |
| 3205 | 1-bed | 1,055 sqft | AED 2.88MAED 2,876,600 · Nov 2021November 2021 | ||
| 3206 | Studio | 523 sqft | AED 1.8MAED 1,799,200 · Aug 2015August 2015 | 120,000 /yr | |
| 3207 | Studio | 517 sqft | AED 1.8MAED 1,799,200 · May 2016May 2016 | 120,000 /yr | |
| 3208 | Studio | 518 sqft | AED 1.6MAED 1,600,000 · Oct 2024October 2024 | 130,000 /yr | |
| 3209 | 1-bed | 1,113 sqft | AED 3.79MAED 3,794,700 · Oct 2015October 2015 | 245,000 /yr | |
| 3210 | 1-bed | 1,113 sqft | AED 3.37MAED 3,373,260 · Dec 2021December 2021 | 220,000 /yr | |
| 3211 | 1-bed | 1,143 sqft | AED 3.9MAED 3,900,000 · Aug 2024August 2024 | ||
| 3213 | 1-bed | 1,055 sqft | AED 2.73MAED 2,734,100 · Nov 2021November 2021 | 260,000 /yr | |
| 3214 | Studio | 507 sqft | AED 1.79MAED 1,791,600 · Dec 2018December 2018 | 130,000 /yr | |
| 3215 | Studio | 524 sqft | AED 1.79MAED 1,791,600 · Aug 2015August 2015 | 100,000 /yr | |
| 3216 | 1-bed | 1,054 sqft | AED 3.7MAED 3,700,000 · Jan 2026January 2026 | 400,000 /yr | |
| 3218 | 1-bed | 1,068 sqft | AED 3.82MAED 3,818,800 · Dec 2015December 2015 | 265,000 /yr | |
| 3219 | 1-bed | 1,114 sqft | AED 5.25MAED 5,250,000 · Jan 2025January 2025 |
3201, The Palm Tower in numbers
- Sold twice: first on 7 September 2022 for AED 2,075,000, last on 22 May 2024 for AED 2,080,000 (AED 4,152 per sqft).
- Rented since July 2024 on one Ejari contract, at AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2024 price is 6.0%.
- 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 3 July 2024.
Questions about 3201, The Palm Tower
What did unit 3201 last sell for?
AED 2,080,000 on 22 May 2024: AED 4,152 per sqft for 501 sqft. The unit has 2 registered sales; the first was AED 2,075,000 in September 2022.
What is the rent for unit 3201?
AED 125,000 a year on the contract signed on 3 July 2024.
How big is unit 3201?
501 sqft (46.5 sqm): a studio on the 32nd floor of a 47-storey tower completed in 2021.
What is unit 3201 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 3201, The Palm Tower
Starts from the last sale price (AED 2.08M, 22 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,080,000
- Deposit, UAE resident (20%)
- AED 416,000
- Deposit, non-resident (40%)
- AED 832,000
- Monthly over 25 years at 3.7%
- AED 8,510
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →