1-bed · 1,075 sqftThe Palm Tower, Palm Jumeirah · 33rd floor · completed 2021

3318, The Palm Tower

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

Unit 3318 · DLD and Ejari recordsUpdated 14 October 2026
Last soldAED 3.98M31 May 2022
Current rentAED 250K /yr14 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3318, The Palm Tower

What is 3318 worth today?

Last sold for AED 3,980,000 in 2022

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14 Oct 2026RentedNew contract
AED 250,000/yr12 months · AED 232 per sqft
14 Oct 2025RentedRenewal
AED 280,780/yr12 months · AED 261 per sqft
14 Oct 2024RentedNew contract
AED 280,000/yr12 months · AED 260 per sqft
3 Apr 2024RentedNew contract
AED 270,000/yr12 months · AED 251 per sqft
15 Oct 2023RentedNew contract
AED 280,000/yr12 months · AED 260 per sqft
13 Jul 2022RentedNew contract
AED 250,000/yr12 months · AED 232 per sqft
31 May 2022SoldReady
AED 3,980,000AED 3,700 per sqft
30 Dec 2015Sold by developerOff-plan
AED 3,866,300AED 3,595 per sqft

Source: Dubai Land Department. Updated 14 October 2026.

Key facts

Type
1-bed apartment
Size
1,075 sqft
Floor
33rd of 47
Parking
B3-240
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 3.98M · May 2022

About 3318, The Palm Tower

3318 is a one-bedroom apartment of 1,075 sqft on the 33rd floor of The Palm Tower, a 47-storey tower in Palm Jumeirah completed in 2021 by The Palm - Jumeirah Co. It last sold on 31 May 2022 for AED 3,980,000, or AED 3,700 per sqft, 21% above the AED 3,064 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, signed on 14 October 2026, is AED 250,000 a year: a gross yield of 6.3% on the 2022 price.

Sales and rents for 3318 over time

Sales
Unit 3318, 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, December 2015: AED 3,866,300 (AED 3,595 per sqft)Sold, May 2022: AED 3,980,000 (AED 3,700 per sqft)

3318 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3318, 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 240,000New contract, July 2022: AED 250,000 a yearNew contract, October 2023: AED 280,000 a yearNew contract, April 2024: AED 270,000 a yearNew contract, October 2024: AED 280,000 a yearRenewal, October 2025: AED 280,780 a yearNew contract, October 2026: AED 250,000 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 3318 sits

All 226 1-beds →

3318 last sold in May 2022 at AED 3,700 per sqft, 21% above what one-beds in The Palm Tower were fetching at the time (AED 3,064). 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. 3318's AED 250,000 is in the upper half 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 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

3318, The Palm Tower in numbers

  • Sold twice: first on 30 December 2015 for AED 3,866,300, last on 31 May 2022 for AED 3,980,000 (AED 3,700 per sqft).
  • Rented since July 2022 on 6 Ejari contracts, at AED 250,000 a year.
  • At AED 250,000 a year the gross yield on the 2022 price is 6.3%.
  • 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 14 October 2026.

Questions about 3318, The Palm Tower

What did unit 3318 last sell for?

AED 3,980,000 on 31 May 2022: AED 3,700 per sqft for 1,075 sqft. The unit has 2 registered sales; the first was AED 3,866,300 in December 2015.

What is the rent for unit 3318?

AED 250,000 a year on the contract signed on 14 October 2026. The previous contract, from October 2025, was AED 280,780; the unit has been rented since July 2022.

How big is unit 3318?

1,075 sqft (99.9 sqm): a one-bedroom apartment on the 33rd floor of a 47-storey tower completed in 2021.

What is unit 3318 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 3318, The Palm Tower

Starts from the last sale price (AED 3.98M, 31 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,980,000
Deposit, UAE resident (20%)
AED 796,000
Deposit, non-resident (40%)
AED 1,592,000
Monthly over 25 years at 3.7%
AED 16,283

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