Studio · 524 sqftThe Palm Tower, Palm Jumeirah · 32nd floor · completed 2021

3203, The Palm Tower

Sold prices and rental history: sold 3 times, last in May 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3203 · DLD and Ejari recordsUpdated 23 May 2023
Last soldAED 2M23 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3203, The Palm Tower

What is 3203 worth today?

Last sold for AED 2,000,000 in 2023

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23 May 2023SoldReady
AED 2,000,000AED 3,819 per sqft
14 Jun 2022SoldReady
AED 1,600,000AED 3,055 per sqft
20 Sep 2015Sold by developerOff-plan
AED 1,799,200AED 3,435 per sqft

Source: Dubai Land Department. Updated 23 May 2023.

Key facts

Type
Studio apartment
Size
524 sqft
Floor
32nd of 47
Parking
B3-215
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 2M · May 2023

About 3203, The Palm Tower

3203 is a studio of 524 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 23 May 2023 for AED 2,000,000, or AED 3,819 per sqft, 8% above the AED 3,533 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3203 over time

Sales
Unit 3203, 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, September 2015: AED 1,799,200 (AED 3,435 per sqft)Sold, June 2022: AED 1,600,000 (AED 3,055 per sqft)Sold, May 2023: AED 2,000,000 (AED 3,819 per sqft)

3203 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 3203, 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 115,000

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 3203 sits

All 194 studios →

3203 last sold in May 2023 at AED 3,819 per sqft, 8% above what studios in The Palm Tower were fetching at the time (AED 3,533). 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.

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
3202StudioAED 1.85M · Feb 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

3203, The Palm Tower in numbers

  • Sold 3 times: first on 20 September 2015 for AED 1,799,200, last on 23 May 2023 for AED 2,000,000 (AED 3,819 per sqft).
  • 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 23 May 2023.

Questions about 3203, The Palm Tower

What did unit 3203 last sell for?

AED 2,000,000 on 23 May 2023: AED 3,819 per sqft for 524 sqft. The unit has 3 registered sales; the first was AED 1,799,200 in September 2015.

How big is unit 3203?

524 sqft (48.7 sqm): a studio on the 32nd floor of a 47-storey tower completed in 2021.

What is unit 3203 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 3203, The Palm Tower

Starts from the last sale price (AED 2M, 23 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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