Studio · 517 sqftThe Palm Tower, Palm Jumeirah · 32nd floor · completed 2021

3207, The Palm Tower

Sold prices and rental history: sold once, by the developer in May 2016, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3207 · DLD and Ejari recordsUpdated 31 May 2026
Last soldAED 1.8M4 May 2016
Current rentAED 120K /yr31 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3207, The Palm Tower

What is 3207 worth today?

Last sold for AED 1,799,200 in 2016

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31 May 2026RentedRenewal
AED 120,000/yr12 months · AED 232 per sqft
10 Oct 2025RentedNew contract
AED 120,000/yr8 months · AED 232 per sqft
10 Oct 2025RentedNew contract
AED 120,000/yr8 months · AED 229 per sqft
31 May 2025RentedRenewal
AED 120,000/yr12 months · AED 232 per sqft
31 May 2025RentedRenewal
AED 120,000/yr12 months · AED 232 per sqft
31 May 2024RentedRenewal
AED 120,000/yr12 months · AED 232 per sqft
31 May 2023RentedRenewal
AED 104,500/yr12 months · AED 202 per sqft
1 Jun 2022RentedNew contract
AED 95,256/yr12 months · AED 184 per sqft

Source: Dubai Land Department. Updated 31 May 2026.

Key facts

Type
Studio apartment
Size
517 sqft
Floor
32nd of 47
Parking
B3-225
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 1.8M · May 2016

About 3207, The Palm Tower

3207 is a studio of 517 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 4 May 2016 for AED 1,799,200, or AED 3,477 per sqft, 8% above the AED 3,220 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 8 Ejari contracts. The current contract, renewed on 31 May 2026, is AED 120,000 a year: a gross yield of 6.7% on the 2016 price.

Sales and rents for 3207 over time

Sales
Unit 3207, 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, May 2016: AED 1,799,200 (AED 3,477 per sqft)

3207 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 3207, 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, June 2022: AED 95,256 a yearRenewal, May 2023: AED 104,500 a yearRenewal, May 2024: AED 120,000 a yearRenewal, May 2025: AED 120,000 a yearRenewal, May 2025: AED 120,000 a yearNew contract, October 2025: AED 120,000 a yearNew contract, October 2025: AED 120,000 a yearRenewal, May 2026: AED 120,000 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 3207 sits

All 194 studios →

3207 last sold in May 2016 at AED 3,477 per sqft, 8% above what studios in The Palm Tower were fetching at the time (AED 3,220). 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. 3207's AED 120,000 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
3202StudioAED 1.85M · Feb 2023
3203StudioAED 2M · May 2023
3204StudioAED 1.8M · Sep 2015
32051-bedAED 2.88M · Nov 2021
3206StudioAED 1.8M · Aug 2015
3208StudioAED 1.6M · Oct 2024
1–7 of 16

3207, The Palm Tower in numbers

  • Sold once: by The Palm - Jumeirah Co on 4 May 2016 for AED 1,799,200, or AED 3,477 per sqft.
  • Rented since June 2022 on 8 Ejari contracts, from AED 95,256 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2016 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 3207, The Palm Tower

What did unit 3207 last sell for?

AED 1,799,200 on 4 May 2016, sold by the developer: AED 3,477 per sqft for 517 sqft. It is the only registered sale of the unit.

What is the rent for unit 3207?

AED 120,000 a year on the contract renewed 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 3207?

517 sqft (48.0 sqm): a studio on the 32nd floor of a 47-storey tower completed in 2021.

What is unit 3207 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 3207, The Palm Tower

Starts from the last sale price (AED 1.8M, 4 May 2016). 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 →