Studio · 523 sqftThe Palm Tower, Palm Jumeirah · 38th floor · completed 2021

3806, The Palm Tower

Sold prices and rental history: sold once, by the developer in November 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3806 · DLD and Ejari recordsUpdated 2 December 2024
Last soldAED 1.94M23 November 2021
Current rentAED 135K /yr2 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3806, The Palm Tower

What is 3806 worth today?

Last sold for AED 1,938,000 in 2021

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2 Dec 2024RentedNew contract
AED 135,000/yr12 months · AED 256 per sqft
17 Mar 2022RentedNew contract
AED 110,000/yr12 months · AED 209 per sqft
23 Nov 2021Sold by developerOff-plan
AED 1,938,000AED 3,704 per sqft

Source: Dubai Land Department. Updated 2 December 2024.

Key facts

Type
Studio apartment
Size
523 sqft
Floor
38th of 47
Parking
B2-82
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 1.94M · November 2021

About 3806, The Palm Tower

3806 is a studio of 523 sqft on the 38th 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 23 November 2021 for AED 1,938,000, or AED 3,704 per sqft, 13% above the AED 3,279 studios in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 2 December 2024, is AED 135,000 a year: a gross yield of 7.0% on the 2021 price.

Sales and rents for 3806 over time

Sales
Unit 3806, 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, November 2021: AED 1,938,000 (AED 3,704 per sqft)

3806 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 3806, each contractTypical studio in The Palm Tower
100K120K140K202220242026Typical rent by year: 2022 AED 102,500; 2023 AED 120,000; 2024 AED 120,000; 2025 AED 125,000; 2026 AED 115,000New contract, March 2022: AED 110,000 a yearNew contract, December 2024: AED 135,000 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 3806 sits

All 194 studios →

3806 last sold in November 2021 at AED 3,704 per sqft, 13% above what studios in The Palm Tower were fetching at the time (AED 3,279). 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. 3806's AED 135,000 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 38th floor

All 432 units in The Palm Tower
Value
38011-bedAED 3.48M · Nov 2021
38021-bedAED 3.55M · Nov 2021
38051-bedAED 3.7M · Nov 2026
38071-bedAED 3.47M · Nov 2021
38091-bedAED 5.11M · Feb 2026
38101-bedAED 4M · Jun 2022
38111-bedAED 3.83M · Sep 2022
1–7 of 12

3806, The Palm Tower in numbers

  • Sold once: by The Palm - Jumeirah Co on 23 November 2021 for AED 1,938,000, or AED 3,704 per sqft.
  • Rented since March 2022 on 2 Ejari contracts, from AED 110,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2021 price is 7.0%.
  • 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 2 December 2024.

Questions about 3806, The Palm Tower

What did unit 3806 last sell for?

AED 1,938,000 on 23 November 2021, sold by the developer: AED 3,704 per sqft for 523 sqft. It is the only registered sale of the unit.

What is the rent for unit 3806?

AED 135,000 a year on the contract signed on 2 December 2024. The previous contract, from March 2022, was AED 110,000.

How big is unit 3806?

523 sqft (48.6 sqm): a studio on the 38th floor of a 47-storey tower completed in 2021.

What is unit 3806 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 3806, The Palm Tower

Starts from the last sale price (AED 1.94M, 23 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,938,000
Deposit, UAE resident (20%)
AED 387,600
Deposit, non-resident (40%)
AED 775,200
Monthly over 25 years at 3.7%
AED 7,929

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