3518, The Palm Tower
Sold prices and rental history: sold twice, last in October 2022, and rented once, from November 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3518, The Palm Tower
What is 3518 worth today?
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Source: Dubai Land Department. Updated 1 November 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 1,070 sqft
- Floor
- 35th of 47
- Parking
- B2-33
- Developer
- The Palm - Jumeirah Co
- Completed
- 2021
- Last sold
- AED 4.35M · October 2022
- Building
- The Palm Tower
About 3518, The Palm Tower
3518 is a one-bedroom apartment of 1,070 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 19 October 2022 for AED 4,350,000, or AED 4,066 per sqft, 30% above the AED 3,124 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 November 2022. The current contract, signed on 1 November 2022, is AED 180,000 a year: a gross yield of 4.1% on the 2022 price.
Sales and rents for 3518 over time
3518 has sold twice; the dashed line is the one-bed median of each year in the building.
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 3518 sits
All 226 1-beds →3518 last sold in October 2022 at AED 4,066 per sqft, 30% above what one-beds in The Palm Tower were fetching at the time (AED 3,124). 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. 3518's AED 180,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 1,057 sqft | 3,700,000 | 3,501 | ||
| 21 Oct 202621 October 2026 | 1,110 sqft | 4,400,000 | 3,965 | ||
| 13 Oct 202613 October 2026 | 1,036 sqft | 4,100,000 | 3,957 | ||
| 2 Oct 20262 October 2026 | 1,054 sqft | 5,500,000 | 5,216 |
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 35th floor
All 432 units in The Palm Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3501 | 1-bed | 1,031 sqft | AED 3.19MAED 3,190,100 · Nov 2021November 2021 | ||
| 3503 | Studio | 523 sqft | AED 2.33MAED 2,325,000 · Jan 2026January 2026 | 105,000 /yr | |
| 3504 | Studio | 524 sqft | AED 2.2MAED 2,200,000 · Feb 2025February 2025 | ||
| 3505 | 1-bed | 1,055 sqft | AED 3.14MAED 3,140,920 · Nov 2018November 2018 | ||
| 3506 | Studio | 523 sqft | AED 2.15MAED 2,150,000 · May 2024May 2024 | 110,000 /yr | |
| 3507 | Studio | 518 sqft | AED 2.24MAED 2,235,000 · Jan 2024January 2024 | 110,000 /yr | |
| 3508 | Studio | 518 sqft | AED 1.85MAED 1,845,200 · Mar 2020March 2020 | 110,000 /yr | |
| 3509 | 1-bed | 1,115 sqft | AED 3.35MAED 3,345,940 · Nov 2018November 2018 | 270,000 /yr | |
| 3510 | 1-bed | 1,114 sqft | AED 3.35MAED 3,345,940 · Nov 2018November 2018 | 275,000 /yr | |
| 3511 | 1-bed | 1,144 sqft | AED 3.55MAED 3,548,000 · Jan 2023January 2023 | 195,000 /yr | |
| 3513 | 1-bed | 1,055 sqft | AED 3.11MAED 3,110,915 · Nov 2018November 2018 | 240,000 /yr | |
| 3514 | 1-bed | 1,055 sqft | AED 4.15MAED 4,150,000 · Apr 2025April 2025 | ||
| 3516 | Studio | 524 sqft | AED 2.32MAED 2,320,000 · Apr 2024April 2024 | 110,000 /yr | |
| 3517 | Studio | 524 sqft | AED 2.04MAED 2,035,000 · Jul 2023July 2023 | 166,000 /yr | |
| 3519 | 1-bed | 1,115 sqft | AED 3.96MAED 3,961,400 · Jul 2015July 2015 | 270,000 /yr |
3518, The Palm Tower in numbers
- Sold twice: first on 18 March 2021 for AED 3,169,120, last on 19 October 2022 for AED 4,350,000 (AED 4,066 per sqft).
- Rented since November 2022 on one Ejari contract, at AED 180,000 a year.
- At AED 180,000 a year the gross yield on the 2022 price is 4.1%.
- 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 1 November 2022.
Questions about 3518, The Palm Tower
What did unit 3518 last sell for?
AED 4,350,000 on 19 October 2022: AED 4,066 per sqft for 1,070 sqft. The unit has 2 registered sales; the first was AED 3,169,120 in March 2021.
What is the rent for unit 3518?
AED 180,000 a year on the contract signed on 1 November 2022.
How big is unit 3518?
1,070 sqft (99.4 sqm): a one-bedroom apartment on the 35th floor of a 47-storey tower completed in 2021.
What is unit 3518 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 3518, The Palm Tower
Starts from the last sale price (AED 4.35M, 19 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 4,350,000
- Deposit, UAE resident (20%)
- AED 870,000
- Deposit, non-resident (40%)
- AED 1,740,000
- Monthly over 25 years at 3.7%
- AED 17,797
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →