1-bed · 1,054 sqftThe Palm Tower, Palm Jumeirah · 32nd floor · completed 2021

3216, The Palm Tower

Sold prices and rental history: sold 3 times, last in January 2026, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3216 · DLD and Ejari recordsUpdated 13 January 2026
Last soldAED 3.7M13 January 2026
Current rentAED 400K /yr29 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3216, The Palm Tower

What is 3216 worth today?

Last sold for AED 3,700,000 in 2026

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13 Jan 2026SoldReady
AED 3,700,000AED 3,510 per sqft
29 Sep 2025RentedNew contract
AED 400,000/yr12 months · AED 379 per sqft
17 Apr 2024SoldReady
AED 3,880,000AED 3,680 per sqft
16 Aug 2022RentedNew contract
AED 180,000/yr12 months · AED 171 per sqft
15 Aug 2022Sold by developerReady
AED 3,278,000AED 3,109 per sqft

Source: Dubai Land Department. Updated 13 January 2026.

Key facts

Type
1-bed apartment
Size
1,054 sqft
Floor
32nd of 47
Parking
B3-285
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 3.7M · January 2026

About 3216, The Palm Tower

3216 is a one-bedroom apartment of 1,054 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 13 January 2026 for AED 3,700,000, or AED 3,510 per sqft, 22% below the AED 4,482 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 29 September 2025, is AED 400,000 a year: a gross yield of 10.8% on the 2026 price.

Sales and rents for 3216 over time

Sales
Unit 3216, 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, August 2022: AED 3,278,000 (AED 3,109 per sqft)Sold, April 2024: AED 3,880,000 (AED 3,680 per sqft)Sold, January 2026: AED 3,700,000 (AED 3,510 per sqft)

3216 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3216, each contractTypical one-bed in The Palm Tower
200K300K400K202220242026Typical rent by year: 2022 AED 200,000; 2023 AED 230,000; 2024 AED 250,000; 2025 AED 265,000; 2026 AED 240,000New contract, August 2022: AED 180,000 a yearNew contract, September 2025: AED 400,000 a year

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 3216 sits

All 226 1-beds →

3216 last sold in January 2026 at AED 3,510 per sqft, 22% below what one-beds in The Palm Tower were fetching at the time (AED 4,482). 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. 3216's AED 400,000 is at the top of that range.

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

3216, The Palm Tower in numbers

  • Sold 3 times: first on 15 August 2022 for AED 3,278,000, last on 13 January 2026 for AED 3,700,000 (AED 3,510 per sqft).
  • Rented since August 2022 on 2 Ejari contracts, from AED 180,000 to AED 400,000 a year.
  • At AED 400,000 a year the gross yield on the 2026 price is 10.8%.
  • 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 13 January 2026.

Questions about 3216, The Palm Tower

What did unit 3216 last sell for?

AED 3,700,000 on 13 January 2026: AED 3,510 per sqft for 1,054 sqft. The unit has 3 registered sales; the first was AED 3,278,000 in August 2022.

What is the rent for unit 3216?

AED 400,000 a year on the contract signed on 29 September 2025. The previous contract, from August 2022, was AED 180,000.

How big is unit 3216?

1,054 sqft (97.9 sqm): a one-bedroom apartment on the 32nd floor of a 47-storey tower completed in 2021.

What is unit 3216 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 3216, The Palm Tower

Starts from the last sale price (AED 3.7M, 13 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 3,700,000
Deposit, UAE resident (20%)
AED 740,000
Deposit, non-resident (40%)
AED 1,480,000
Monthly over 25 years at 3.7%
AED 15,138

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