Studio · 523 sqftThe Palm Tower, Palm Jumeirah · 32nd floor · completed 2021

3202, The Palm Tower

Sold prices and rental history: sold 4 times, last in February 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3202 · DLD and Ejari recordsUpdated 22 October 2026
Last soldAED 1.85M9 February 2023
Current rentAED 115K /yr22 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3202, The Palm Tower

What is 3202 worth today?

Last sold for AED 1,850,000 in 2023

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22 Oct 2026RentedNew contract
AED 115,000/yr12 months · AED 220 per sqft
4 May 2024RentedNew contract
AED 126,300/yr12 months · AED 241 per sqft
9 Feb 2023SoldReady
AED 1,850,000AED 3,534 per sqft
10 Jun 2022SoldReady
AED 1,500,000AED 2,865 per sqft
8 May 2017SoldOff-plan
AED 1,484,340AED 2,927 per sqft
13 Nov 2016Sold by developerOff-plan
AED 1,799,200AED 3,548 per sqft

Source: Dubai Land Department. Updated 22 October 2026.

Key facts

Type
Studio apartment
Size
523 sqft
Floor
32nd of 47
Parking
B3-214
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 1.85M · February 2023

About 3202, The Palm Tower

3202 is a studio of 523 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 9 February 2023 for AED 1,850,000, or AED 3,534 per sqft, 6% above the AED 3,339 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 22 October 2026, is AED 115,000 a year: a gross yield of 6.2% on the 2023 price.

Sales and rents for 3202 over time

Sales
Unit 3202, 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, November 2016: AED 1,799,200 (AED 3,548 per sqft)Sold, May 2017: AED 1,484,340 (AED 2,927 per sqft)Sold, June 2022: AED 1,500,000 (AED 2,865 per sqft)Sold, February 2023: AED 1,850,000 (AED 3,534 per sqft)

3202 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 3202, 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 2024: AED 126,300 a yearNew contract, October 2026: AED 115,000 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 3202 sits

All 194 studios →

3202 last sold in February 2023 at AED 3,534 per sqft, 6% above what studios in The Palm Tower were fetching at the time (AED 3,339). 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. 3202's AED 115,000 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 32nd floor

All 432 units in The Palm Tower
Value
3201StudioAED 2.08M · May 2024
3203StudioAED 2M · May 2023
3204StudioAED 1.8M · Sep 2015
32051-bedAED 2.88M · Nov 2021
3206StudioAED 1.8M · Aug 2015
3207StudioAED 1.8M · May 2016
3208StudioAED 1.6M · Oct 2024
1–7 of 16

3202, The Palm Tower in numbers

  • Sold 4 times: first on 13 November 2016 for AED 1,799,200, last on 9 February 2023 for AED 1,850,000 (AED 3,534 per sqft).
  • Rented since May 2024 on 2 Ejari contracts, from AED 126,300 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2023 price is 6.2%.
  • 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 22 October 2026.

Questions about 3202, The Palm Tower

What did unit 3202 last sell for?

AED 1,850,000 on 9 February 2023: AED 3,534 per sqft for 523 sqft. The unit has 4 registered sales; the first was AED 1,799,200 in November 2016.

What is the rent for unit 3202?

AED 115,000 a year on the contract signed on 22 October 2026. The previous contract, from May 2024, was AED 126,300.

How big is unit 3202?

523 sqft (48.6 sqm): a studio on the 32nd floor of a 47-storey tower completed in 2021.

What is unit 3202 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 3202, The Palm Tower

Starts from the last sale price (AED 1.85M, 9 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

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