1-bed · 1,085 sqftThe Palm Tower, Palm Jumeirah · 33rd floor · completed 2021

3309, The Palm Tower

Sold prices and rental history: sold once, by the developer in September 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3309 · DLD and Ejari recordsUpdated 18 September 2018
Last soldAED 3.84M18 September 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3309, The Palm Tower

What is 3309 worth today?

Last sold for AED 3,841,900 in 2018

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18 Sep 2018Sold by developerOff-plan
AED 3,841,900AED 3,540 per sqft

Source: Dubai Land Department. Updated 18 September 2018.

Key facts

Type
1-bed apartment
Size
1,085 sqft
Floor
33rd of 47
Parking
B3-238
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 3.84M · September 2018

About 3309, The Palm Tower

3309 is a one-bedroom apartment of 1,085 sqft on the 33rd 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 18 September 2018 for AED 3,841,900, or AED 3,540 per sqft, in line with the AED 3,540 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3309 over time

Sales
Unit 3309, 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, September 2018: AED 3,841,900 (AED 3,540 per sqft)

3309 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3309, 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 3309 sits

All 226 1-beds →

3309 last sold in September 2018 at AED 3,540 per sqft, in line with what one-beds in The Palm Tower were fetching at the time (AED 3,540). 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 33rd floor

All 432 units in The Palm Tower
Value
3301StudioAED 1.84M · Apr 2020
3302StudioAED 1.82M · Sep 2015
3303StudioAED 1.82M · Nov 2015
3304StudioAED 1.82M · Sep 2015
33051-bedAED 2.85M · Aug 2021
3306StudioAED 1.82M · Aug 2015
3307StudioAED 1.82M · Aug 2015
1–7 of 17

3309, The Palm Tower in numbers

  • Sold once: by The Palm - Jumeirah Co on 18 September 2018 for AED 3,841,900, or AED 3,540 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 18 September 2018.

Questions about 3309, The Palm Tower

What did unit 3309 last sell for?

AED 3,841,900 on 18 September 2018, sold by the developer: AED 3,540 per sqft for 1,085 sqft. It is the only registered sale of the unit.

How big is unit 3309?

1,085 sqft (100.8 sqm): a one-bedroom apartment on the 33rd floor of a 47-storey tower completed in 2021.

What is unit 3309 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 3309, The Palm Tower

Starts from the last sale price (AED 3.84M, 18 September 2018). Switch to today's estimate once you have unlocked it.
Price
AED 3,841,900
Deposit, UAE resident (20%)
AED 768,380
Deposit, non-resident (40%)
AED 1,536,760
Monthly over 25 years at 3.7%
AED 15,718

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