Studio · 524 sqftThe Palm Tower, Palm Jumeirah · 33rd floor · completed 2021

3317, The Palm Tower

Sold prices and rental history: sold once, by the developer in June 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3317 · DLD and Ejari recordsUpdated 14 June 2022
Last soldAED 2.09M14 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3317, The Palm Tower

What is 3317 worth today?

Last sold for AED 2,092,000 in 2022

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14 Jun 2022Sold by developerReady
AED 2,092,000AED 3,990 per sqft

Source: Dubai Land Department. Updated 14 June 2022.

Key facts

Type
Studio apartment
Size
524 sqft
Floor
33rd of 47
Parking
B3-267
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 2.09M · June 2022

About 3317, The Palm Tower

3317 is a studio of 524 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 14 June 2022 for AED 2,092,000, or AED 3,990 per sqft, 31% above the AED 3,055 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3317 over time

Sales
Unit 3317, 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, June 2022: AED 2,092,000 (AED 3,990 per sqft)

3317 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 3317, 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 115,000

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 3317 sits

All 194 studios →

3317 last sold in June 2022 at AED 3,990 per sqft, 31% above what studios in The Palm Tower were fetching at the time (AED 3,055). 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.

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 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

3317, The Palm Tower in numbers

  • Sold once: by The Palm - Jumeirah Co on 14 June 2022 for AED 2,092,000, or AED 3,990 per sqft.
  • 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 14 June 2022.

Questions about 3317, The Palm Tower

What did unit 3317 last sell for?

AED 2,092,000 on 14 June 2022, sold by the developer: AED 3,990 per sqft for 524 sqft. It is the only registered sale of the unit.

How big is unit 3317?

524 sqft (48.7 sqm): a studio on the 33rd floor of a 47-storey tower completed in 2021.

What is unit 3317 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 3317, The Palm Tower

Starts from the last sale price (AED 2.09M, 14 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,092,000
Deposit, UAE resident (20%)
AED 418,400
Deposit, non-resident (40%)
AED 836,800
Monthly over 25 years at 3.7%
AED 8,559

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