3406, The Palm Tower
Sold prices and rental history: sold once, by the developer in October 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3406, The Palm Tower
What is 3406 worth today?
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Source: Dubai Land Department. Updated 27 October 2015.
Key facts
- Type
- Studio apartment
- Size
- 523 sqft
- Floor
- 34th of 47
- Parking
- B2-23
- Developer
- The Palm - Jumeirah Co
- Completed
- 2021
- Last sold
- AED 1.84M · October 2015
- Building
- The Palm Tower
About 3406, The Palm Tower
3406 is a studio of 523 sqft on the 34th 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 27 October 2015 for AED 1,843,800, or AED 3,525 per sqft, 9% above the AED 3,225 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 3406 over time
3406 has sold once; the dashed line is the studio median of each year in the building.
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 3406 sits
All 194 studios →3406 last sold in October 2015 at AED 3,525 per sqft, 9% above what studios in The Palm Tower were fetching at the time (AED 3,225). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Oct 202629 October 2026 | 518 sqft | 2,100,000 | 4,053 | ||
| 29 Oct 202629 October 2026 | 518 sqft | 2,100,000 | 4,056 | ||
| 16 Oct 202616 October 2026 | 524 sqft | 2,075,000 | 3,960 | ||
| 29 Jul 202629 July 2026 | 26 sqft | 71,982 | 2,752 |
The Palm Tower
Building432 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%
Other units on the 34th floor
All 432 units in The Palm Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3401 | Studio | 500 sqft | AED 2.06MAED 2,058,800 · May 2023May 2023 | 100,000 /yr | |
| 3402 | Studio | 523 sqft | AED 1.95MAED 1,950,000 · Jun 2026June 2026 | ||
| 3403 | Studio | 524 sqft | AED 2.15MAED 2,150,000 · Jul 2023July 2023 | ||
| 3404 | Studio | 524 sqft | AED 2.05MAED 2,050,000 · Jul 2023July 2023 | 110,000 /yr | |
| 3405 | 1-bed | 1,055 sqft | AED 3.55MAED 3,550,000 · May 2023May 2023 | ||
| 3407 | Studio | 501 sqft | AED 1.52MAED 1,521,135 · May 2017May 2017 | 120,000 /yr | |
| 3408 | Studio | 518 sqft | AED 1.9MAED 1,900,000 · Dec 2024December 2024 | 92,000 /yr | |
| 3409 | 1-bed | 1,115 sqft | AED 3.14MAED 3,142,600 · Nov 2021November 2021 | 330,000 /yr | |
| 3410 | 1-bed | 1,114 sqft | AED 4.4MAED 4,400,000 · Mar 2023March 2023 | ||
| 3411 | 1-bed | 1,143 sqft | AED 3.65MAED 3,648,000 · May 2022May 2022 | 275,000 /yr | |
| 3413 | 1-bed | 1,055 sqft | AED 2.81MAED 2,810,100 · Nov 2021November 2021 | ||
| 3414 | 1-bed | 1,054 sqft | AED 3.9MAED 3,900,000 · Nov 2024November 2024 | ||
| 3415 | 1-bed | 1,054 sqft | AED 4.3MAED 4,300,000 · Jun 2025June 2025 | ||
| 3418 | 1-bed | 1,069 sqft | AED 3.67MAED 3,667,100 · Aug 2021August 2021 | 300,000 /yr | |
| 3419 | 1-bed | 1,085 sqft | AED 3.35MAED 3,350,000 · Feb 2022February 2022 | 245,000 /yr |
3406, The Palm Tower in numbers
- Sold once: by The Palm - Jumeirah Co on 27 October 2015 for AED 1,843,800, or AED 3,525 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 27 October 2015.
Questions about 3406, The Palm Tower
What did unit 3406 last sell for?
AED 1,843,800 on 27 October 2015, sold by the developer: AED 3,525 per sqft for 523 sqft. It is the only registered sale of the unit.
How big is unit 3406?
523 sqft (48.6 sqm): a studio on the 34th floor of a 47-storey tower completed in 2021.
What is unit 3406 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 3406, The Palm Tower
Starts from the last sale price (AED 1.84M, 27 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,843,800
- Deposit, UAE resident (20%)
- AED 368,760
- Deposit, non-resident (40%)
- AED 737,520
- Monthly over 25 years at 3.7%
- AED 7,544
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →