Studio · 523 sqftThe Palm Tower, Palm Jumeirah · 35th floor · completed 2021

3506, The Palm Tower

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

Unit 3506 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 2.15M8 May 2024
Current rentAED 110K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3506, The Palm Tower

What is 3506 worth today?

Last sold for AED 2,150,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Aug 2026RentedRenewal
AED 110,000/yr12 months · AED 209 per sqft
1 Aug 2025RentedRenewal
AED 120,000/yr12 months · AED 228 per sqft
1 Aug 2025RentedRenewal
AED 120,000/yr12 months · AED 228 per sqft
1 Aug 2024RentedNew contract
AED 117,500/yr12 months · AED 223 per sqft
8 May 2024SoldReady
AED 2,150,000AED 4,109 per sqft
26 Apr 2023RentedNew contract
AED 120,000/yr12 months · AED 228 per sqft
14 Sep 2015Sold by developerOff-plan
AED 1,866,100AED 3,567 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
Studio apartment
Size
523 sqft
Floor
35th of 47
Parking
B2-27
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 2.15M · May 2024

About 3506, The Palm Tower

3506 is a studio of 523 sqft on the 35th floor of The Palm Tower, a 47-storey tower in Palm Jumeirah completed in 2021 by The Palm - Jumeirah Co. It last sold on 8 May 2024 for AED 2,150,000, or AED 4,109 per sqft, in line with the AED 4,011 studios in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, renewed on 1 August 2026, is AED 110,000 a year: a gross yield of 5.1% on the 2024 price.

Sales and rents for 3506 over time

Sales
Unit 3506, 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 1,866,100 (AED 3,567 per sqft)Sold, May 2024: AED 2,150,000 (AED 4,109 per sqft)

3506 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 3506, 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, April 2023: AED 120,000 a yearNew contract, August 2024: AED 117,500 a yearRenewal, August 2025: AED 120,000 a yearRenewal, August 2025: AED 120,000 a yearRenewal, August 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 3506 sits

All 194 studios →

3506 last sold in May 2024 at AED 4,109 per sqft, in line with what studios in The Palm Tower were fetching at the time (AED 4,011). 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. 3506'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 35th floor

All 432 units in The Palm Tower
Value
35011-bedAED 3.19M · Nov 2021
3503StudioAED 2.33M · Jan 2026
3504StudioAED 2.2M · Feb 2025
35051-bedAED 3.14M · Nov 2018
3507StudioAED 2.24M · Jan 2024
3508StudioAED 1.85M · Mar 2020
35091-bedAED 3.35M · Nov 2018
1–7 of 15

3506, The Palm Tower in numbers

  • Sold twice: first on 14 September 2015 for AED 1,866,100, last on 8 May 2024 for AED 2,150,000 (AED 4,109 per sqft).
  • Rented since April 2023 on 5 Ejari contracts, from AED 120,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2024 price is 5.1%.
  • 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 August 2026.

Questions about 3506, The Palm Tower

What did unit 3506 last sell for?

AED 2,150,000 on 8 May 2024: AED 4,109 per sqft for 523 sqft. The unit has 2 registered sales; the first was AED 1,866,100 in September 2015.

What is the rent for unit 3506?

AED 110,000 a year on the contract renewed on 1 August 2026. The previous contract, from August 2025, was AED 120,000; the unit has been rented since April 2023.

How big is unit 3506?

523 sqft (48.6 sqm): a studio on the 35th floor of a 47-storey tower completed in 2021.

What is unit 3506 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.

Selling 3506? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 3506, The Palm Tower

Starts from the last sale price (AED 2.15M, 8 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

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