Studio · 500 sqftThe Palm Tower, Palm Jumeirah · 34th floor · completed 2021

3401, The Palm Tower

Sold prices and rental history: sold twice, last in May 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3401 · DLD and Ejari recordsUpdated 25 August 2026
Last soldAED 2.06M25 May 2023
Current rentAED 100K /yr25 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3401, The Palm Tower

What is 3401 worth today?

Last sold for AED 2,058,800 in 2023

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25 Aug 2026RentedNew contract
AED 100,000/yr12 months · AED 202 per sqft
20 Dec 2024RentedNew contract
AED 145,000/yr12 months · AED 293 per sqft
25 May 2023SoldReady
AED 2,058,800AED 4,115 per sqft
23 Nov 2021Sold by developerOff-plan
AED 1,868,000AED 3,733 per sqft

Source: Dubai Land Department. Updated 25 August 2026.

Key facts

Type
Studio apartment
Size
500 sqft
Floor
34th of 47
Parking
B2-19
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 2.06M · May 2023

About 3401, The Palm Tower

3401 is a studio of 500 sqft on the 34th floor of The Palm Tower, a 47-storey tower in Palm Jumeirah completed in 2021 by The Palm - Jumeirah Co. It last sold on 25 May 2023 for AED 2,058,800, or AED 4,115 per sqft, 16% above the AED 3,541 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 25 August 2026, is AED 100,000 a year: a gross yield of 4.9% on the 2023 price.

Sales and rents for 3401 over time

Sales
Unit 3401, 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, November 2021: AED 1,868,000 (AED 3,733 per sqft)Sold, May 2023: AED 2,058,800 (AED 4,115 per sqft)

3401 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 3401, each contractTypical studio in The Palm Tower
100K125K150K202220242026Typical rent by year: 2022 AED 102,500; 2023 AED 120,000; 2024 AED 120,000; 2025 AED 125,000; 2026 AED 115,000New contract, December 2024: AED 145,000 a yearNew contract, August 2026: AED 100,000 a year

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 3401 sits

All 194 studios →

3401 last sold in May 2023 at AED 4,115 per sqft, 16% above what studios in The Palm Tower were fetching at the time (AED 3,541). 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. 3401's AED 100,000 is in the lower half of that range.

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 34th floor

All 432 units in The Palm Tower
Value
3402StudioAED 1.95M · Jun 2026
3403StudioAED 2.15M · Jul 2023
3404StudioAED 2.05M · Jul 2023
34051-bedAED 3.55M · May 2023
3406StudioAED 1.84M · Oct 2015
3407StudioAED 1.52M · May 2017
3408StudioAED 1.9M · Dec 2024
1–7 of 15

3401, The Palm Tower in numbers

  • Sold twice: first on 23 November 2021 for AED 1,868,000, last on 25 May 2023 for AED 2,058,800 (AED 4,115 per sqft).
  • Rented since December 2024 on 2 Ejari contracts, from AED 145,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2023 price is 4.9%.
  • 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 25 August 2026.

Questions about 3401, The Palm Tower

What did unit 3401 last sell for?

AED 2,058,800 on 25 May 2023: AED 4,115 per sqft for 500 sqft. The unit has 2 registered sales; the first was AED 1,868,000 in November 2021.

What is the rent for unit 3401?

AED 100,000 a year on the contract signed on 25 August 2026. The previous contract, from December 2024, was AED 145,000.

How big is unit 3401?

500 sqft (46.5 sqm): a studio on the 34th floor of a 47-storey tower completed in 2021.

What is unit 3401 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 3401, The Palm Tower

Starts from the last sale price (AED 2.06M, 25 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,058,800
Deposit, UAE resident (20%)
AED 411,760
Deposit, non-resident (40%)
AED 823,520
Monthly over 25 years at 3.7%
AED 8,423

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