3206, The Palm Tower
Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3206, The Palm Tower
What is 3206 worth today?
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Source: Dubai Land Department. Updated 31 May 2026.
Key facts
- Type
- Studio apartment
- Size
- 523 sqft
- Floor
- 32nd of 47
- Parking
- B3-224
- Developer
- The Palm - Jumeirah Co
- Completed
- 2021
- Last sold
- AED 1.8M · August 2015
- Building
- The Palm Tower
About 3206, The Palm Tower
3206 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. The developer sold it on 25 August 2015 for AED 1,799,200, or AED 3,437 per sqft, 6% above the AED 3,230 studios in the building were fetching at the time.
It has been rented continuously since 2022 on 8 Ejari contracts. The current contract, signed on 31 May 2026, is AED 120,000 a year: a gross yield of 6.7% on the 2015 price.
Sales and rents for 3206 over time
3206 has sold once; 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 3206 sits
All 194 studios →3206 last sold in August 2015 at AED 3,437 per sqft, 6% above what studios in The Palm Tower were fetching at the time (AED 3,230). 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. 3206's AED 120,000 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 | |||||
|---|---|---|---|---|---|
| 3201 | Studio | 501 sqft | AED 2.08MAED 2,080,000 · May 2024May 2024 | 125,000 /yr | |
| 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 | ||
| 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 |
3206, The Palm Tower in numbers
- Sold once: by The Palm - Jumeirah Co on 25 August 2015 for AED 1,799,200, or AED 3,437 per sqft.
- Rented since June 2022 on 8 Ejari contracts. The rent fell from AED 95,256 to AED 15,000 in 2025 and recovered to AED 120,000 by May 2026.
- At AED 120,000 a year the gross yield on the 2015 price is 6.7%.
- 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 31 May 2026.
Questions about 3206, The Palm Tower
What did unit 3206 last sell for?
AED 1,799,200 on 25 August 2015, sold by the developer: AED 3,437 per sqft for 523 sqft. It is the only registered sale of the unit.
What is the rent for unit 3206?
AED 120,000 a year on the contract signed on 31 May 2026. The previous contract, from October 2025, was AED 120,000; the unit has been rented since June 2022.
How big is unit 3206?
523 sqft (48.6 sqm): a studio on the 32nd floor of a 47-storey tower completed in 2021.
What is unit 3206 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 3206, The Palm Tower
Starts from the last sale price (AED 1.8M, 25 August 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,799,200
- Deposit, UAE resident (20%)
- AED 359,840
- Deposit, non-resident (40%)
- AED 719,680
- Monthly over 25 years at 3.7%
- AED 7,361
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →