1-bed · 1,115 sqftThe Palm Tower, Palm Jumeirah · 34th floor · completed 2021

3409, The Palm Tower

Sold prices and rental history: sold once, by the developer in November 2021, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3409 · DLD and Ejari recordsUpdated 10 June 2026
Last soldAED 3.14M28 November 2021
Current rentAED 330K /yr10 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3409, The Palm Tower

What is 3409 worth today?

Last sold for AED 3,142,600 in 2021

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10 Jun 2026RentedRenewal
AED 330,000/yr12 months · AED 296 per sqft
10 Jun 2025RentedNew contract
AED 330,000/yr12 months · AED 296 per sqft
10 Jun 2024RentedNew contract
AED 330,000/yr12 months · AED 295 per sqft
28 Nov 2021Sold by developerOff-plan
AED 3,142,600AED 2,819 per sqft

Source: Dubai Land Department. Updated 10 June 2026.

Key facts

Type
1-bed apartment
Size
1,115 sqft
Floor
34th of 47
Parking
B3-261
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 3.14M · November 2021

About 3409, The Palm Tower

3409 is a one-bedroom apartment of 1,115 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 28 November 2021 for AED 3,142,600, or AED 2,819 per sqft, 5% below the AED 2,971 one-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 10 June 2026, is AED 330,000 a year: a gross yield of 10.5% on the 2021 price.

Sales and rents for 3409 over time

Sales
Unit 3409, 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, November 2021: AED 3,142,600 (AED 2,819 per sqft)

3409 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3409, each contractTypical one-bed in The Palm Tower
200K300K202220242026Typical rent by year: 2022 AED 200,000; 2023 AED 230,000; 2024 AED 250,000; 2025 AED 265,000; 2026 AED 240,000New contract, June 2024: AED 330,000 a yearNew contract, June 2025: AED 330,000 a yearRenewal, June 2026: AED 330,000 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 3409 sits

All 226 1-beds →

3409 last sold in November 2021 at AED 2,819 per sqft, 5% below what one-beds in The Palm Tower were fetching at the time (AED 2,971). 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. 3409's AED 330,000 is at the top 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 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
3404StudioAED 2.05M · Jul 2023
34051-bedAED 3.55M · May 2023
3406StudioAED 1.84M · Oct 2015
3407StudioAED 1.52M · May 2017
1–7 of 15

3409, The Palm Tower in numbers

  • Sold once: by The Palm - Jumeirah Co on 28 November 2021 for AED 3,142,600, or AED 2,819 per sqft.
  • Rented since June 2024 on 3 Ejari contracts, at AED 330,000 a year.
  • At AED 330,000 a year the gross yield on the 2021 price is 10.5%.
  • 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 10 June 2026.

Questions about 3409, The Palm Tower

What did unit 3409 last sell for?

AED 3,142,600 on 28 November 2021, sold by the developer: AED 2,819 per sqft for 1,115 sqft. It is the only registered sale of the unit.

What is the rent for unit 3409?

AED 330,000 a year on the contract renewed on 10 June 2026. The previous contract, from June 2025, was AED 330,000; the unit has been rented since June 2024.

How big is unit 3409?

1,115 sqft (103.6 sqm): a one-bedroom apartment on the 34th floor of a 47-storey tower completed in 2021.

What is unit 3409 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 3409, The Palm Tower

Starts from the last sale price (AED 3.14M, 28 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,142,600
Deposit, UAE resident (20%)
AED 628,520
Deposit, non-resident (40%)
AED 1,257,040
Monthly over 25 years at 3.7%
AED 12,857

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