3218, The Palm Tower
Sold prices and rental history: sold once, by the developer in December 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 3218, The Palm Tower
What is 3218 worth today?
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Source: Dubai Land Department. Updated 21 May 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,068 sqft
- Floor
- 32nd of 47
- Parking
- B3-284
- Developer
- The Palm - Jumeirah Co
- Completed
- 2021
- Last sold
- AED 3.82M · December 2015
- Building
- The Palm Tower
About 3218, The Palm Tower
3218 is a one-bedroom apartment of 1,068 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 7 December 2015 for AED 3,818,800, or AED 3,574 per sqft, 11% above the AED 3,219 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, renewed on 21 May 2026, is AED 265,000 a year: a gross yield of 6.9% on the 2015 price.
Sales and rents for 3218 over time
3218 has sold once; the dashed line is the one-bed median of each year in the building.
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 3218 sits
All 226 1-beds →3218 last sold in December 2015 at AED 3,574 per sqft, 11% above what one-beds in The Palm Tower were fetching at the time (AED 3,219). 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. 3218's AED 265,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 1,057 sqft | 3,700,000 | 3,501 | ||
| 21 Oct 202621 October 2026 | 1,110 sqft | 4,400,000 | 3,965 | ||
| 13 Oct 202613 October 2026 | 1,036 sqft | 4,100,000 | 3,957 | ||
| 2 Oct 20262 October 2026 | 1,054 sqft | 5,500,000 | 5,216 |
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 | ||
| 3206 | Studio | 523 sqft | AED 1.8MAED 1,799,200 · Aug 2015August 2015 | 120,000 /yr | |
| 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 | |
| 3219 | 1-bed | 1,114 sqft | AED 5.25MAED 5,250,000 · Jan 2025January 2025 |
3218, The Palm Tower in numbers
- Sold once: by The Palm - Jumeirah Co on 7 December 2015 for AED 3,818,800, or AED 3,574 per sqft.
- Rented since April 2022 on 6 Ejari contracts, from AED 250,000 to AED 265,000 a year.
- At AED 265,000 a year the gross yield on the 2015 price is 6.9%.
- 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 21 May 2026.
Questions about 3218, The Palm Tower
What did unit 3218 last sell for?
AED 3,818,800 on 7 December 2015, sold by the developer: AED 3,574 per sqft for 1,068 sqft. It is the only registered sale of the unit.
What is the rent for unit 3218?
AED 265,000 a year on the contract renewed on 21 May 2026. The previous contract, from May 2025, was AED 265,000; the unit has been rented since April 2022.
How big is unit 3218?
1,068 sqft (99.2 sqm): a one-bedroom apartment on the 32nd floor of a 47-storey tower completed in 2021.
What is unit 3218 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 3218, The Palm Tower
Starts from the last sale price (AED 3.82M, 7 December 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 3,818,800
- Deposit, UAE resident (20%)
- AED 763,760
- Deposit, non-resident (40%)
- AED 1,527,520
- Monthly over 25 years at 3.7%
- AED 15,624
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →