Studio · 524 sqftThe Palm Tower, Palm Jumeirah · 34th floor · completed 2021

3404, The Palm Tower

Sold prices and rental history: sold 3 times, last in July 2023, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3404 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 2.05M13 July 2023
Current rentAED 110K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3404, The Palm Tower

What is 3404 worth today?

Last sold for AED 2,050,000 in 2023

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1 Oct 2026RentedNew contract
AED 110,000/yr12 months · AED 209 per sqft
30 Mar 2025RentedNew contract
AED 130,000/yr12 months · AED 246 per sqft
30 Mar 2025RentedNew contract
AED 130,000/yr12 months · AED 246 per sqft
20 Feb 2024RentedNew contract
AED 125,000/yr12 months · AED 237 per sqft
13 Jul 2023SoldReady
AED 2,050,000AED 3,912 per sqft
9 Aug 2022SoldReady
AED 1,600,000AED 3,053 per sqft
8 Sep 2015Sold by developerOff-plan
AED 1,843,800AED 3,518 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
Studio apartment
Size
524 sqft
Floor
34th of 47
Parking
B2-22
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 2.05M · July 2023

About 3404, The Palm Tower

3404 is a studio of 524 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 13 July 2023 for AED 2,050,000, or AED 3,912 per sqft, 10% above the AED 3,565 studios in the building were fetching at the time.

It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, signed on 1 October 2026, is AED 110,000 a year: a gross yield of 5.4% on the 2023 price.

Sales and rents for 3404 over time

Sales
Unit 3404, 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, September 2015: AED 1,843,800 (AED 3,518 per sqft)Sold, August 2022: AED 1,600,000 (AED 3,053 per sqft)Sold, July 2023: AED 2,050,000 (AED 3,912 per sqft)

3404 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 3404, 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 115,000New contract, February 2024: AED 125,000 a yearNew contract, March 2025: AED 130,000 a yearNew contract, March 2025: AED 130,000 a yearNew contract, October 2026: AED 110,000 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 3404 sits

All 194 studios →

3404 last sold in July 2023 at AED 3,912 per sqft, 10% above what studios in The Palm Tower were fetching at the time (AED 3,565). 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. 3404's AED 110,000 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
3401StudioAED 2.06M · May 2023
3402StudioAED 1.95M · Jun 2026
3403StudioAED 2.15M · 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

3404, The Palm Tower in numbers

  • Sold 3 times: first on 8 September 2015 for AED 1,843,800, last on 13 July 2023 for AED 2,050,000 (AED 3,912 per sqft).
  • Rented since February 2024 on 4 Ejari contracts, from AED 125,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2023 price is 5.4%.
  • 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 1 October 2026.

Questions about 3404, The Palm Tower

What did unit 3404 last sell for?

AED 2,050,000 on 13 July 2023: AED 3,912 per sqft for 524 sqft. The unit has 3 registered sales; the first was AED 1,843,800 in September 2015.

What is the rent for unit 3404?

AED 110,000 a year on the contract signed on 1 October 2026. The previous contract, from March 2025, was AED 130,000; the unit has been rented since February 2024.

How big is unit 3404?

524 sqft (48.7 sqm): a studio on the 34th floor of a 47-storey tower completed in 2021.

What is unit 3404 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 3404, The Palm Tower

Starts from the last sale price (AED 2.05M, 13 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,000
Deposit, UAE resident (20%)
AED 410,000
Deposit, non-resident (40%)
AED 820,000
Monthly over 25 years at 3.7%
AED 8,387

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