1-bed · 1,143 sqftThe Palm Tower, Palm Jumeirah · 32nd floor · completed 2021

3211, The Palm Tower

Sold prices and rental history: sold twice, last in August 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3211 · DLD and Ejari recordsUpdated 12 August 2024
Last soldAED 3.9M12 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3211, The Palm Tower

What is 3211 worth today?

Last sold for AED 3,900,000 in 2024

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12 Aug 2024SoldReady
AED 3,900,000AED 3,410 per sqft
8 Jun 2022Sold by developerReady
AED 3,558,000AED 3,111 per sqft

Source: Dubai Land Department. Updated 12 August 2024.

Key facts

Type
1-bed apartment
Size
1,143 sqft
Floor
32nd of 47
Parking
B3-220
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 3.9M · August 2024

About 3211, The Palm Tower

3211 is a one-bedroom apartment of 1,143 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 12 August 2024 for AED 3,900,000, or AED 3,410 per sqft, 10% below the AED 3,793 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3211 over time

Sales
Unit 3211, each saleTypical one-bed in The Palm Tower
3M4M5M20152018202120242027Typical sale price by year: 2015 AED 3,514,200; 2016 AED 3,913,900; 2017 AED 3,345,800; 2018 AED 3,185,290; 2019 AED 3,473,440; 2021 AED 3,250,900; 2022 AED 3,578,000; 2023 AED 4,000,000; 2024 AED 4,100,000; 2025 AED 4,900,000; 2026 AED 4,575,000Sold by developer, June 2022: AED 3,558,000 (AED 3,111 per sqft)Sold, August 2024: AED 3,900,000 (AED 3,410 per sqft)

3211 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3211, each contractTypical one-bed in The Palm Tower
200K250K202220242026Typical rent by year: 2022 AED 200,000; 2023 AED 230,000; 2024 AED 250,000; 2025 AED 265,000; 2026 AED 240,000

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in The Palm Tower, and where 3211 sits

All 226 1-beds →

3211 last sold in August 2024 at AED 3,410 per sqft, 10% below what one-beds in The Palm Tower were fetching at the time (AED 3,793). Over the last 12 months one-beds sold for AED 2,550,000 to 7,450,000, around AED 4,333 per sqft, and rent for AED 150,000 to 330,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Nov 20263,700,000
21 Oct 20264,400,000
13 Oct 20264,100,000
2 Oct 20265,500,000
18 1-bed 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
3207StudioAED 1.8M · May 2016
1–7 of 16

3211, The Palm Tower in numbers

  • Sold twice: first on 8 June 2022 for AED 3,558,000, last on 12 August 2024 for AED 3,900,000 (AED 3,410 per sqft).
  • One-beds in The Palm Tower sold for AED 2,550,000–7,450,000 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 12 August 2024.

Questions about 3211, The Palm Tower

What did unit 3211 last sell for?

AED 3,900,000 on 12 August 2024: AED 3,410 per sqft for 1,143 sqft. The unit has 2 registered sales; the first was AED 3,558,000 in June 2022.

How big is unit 3211?

1,143 sqft (106.2 sqm): a one-bedroom apartment on the 32nd floor of a 47-storey tower completed in 2021.

What is unit 3211 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Palm Tower sold for AED 2,550,000 to 7,450,000 in the last 12 months, around AED 4,333 per sqft.

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Mortgage on 3211, The Palm Tower

Starts from the last sale price (AED 3.9M, 12 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,900,000
Deposit, UAE resident (20%)
AED 780,000
Deposit, non-resident (40%)
AED 1,560,000
Monthly over 25 years at 3.7%
AED 15,956

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