Studio · 524 sqftThe Palm Tower, Palm Jumeirah · 40th floor · completed 2021

4004, The Palm Tower

Sold prices and rental history: sold 3 times, last in December 2023, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4004 · DLD and Ejari recordsUpdated 12 December 2026
Last soldAED 2.25M6 December 2023
Current rentAED 105K /yr12 December 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4004, The Palm Tower

What is 4004 worth today?

Last sold for AED 2,250,000 in 2023

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12 Dec 2026RentedRenewal
AED 105,000/yr12 months · AED 199 per sqft
12 Dec 2025RentedNew contract
AED 120,000/yr12 months · AED 228 per sqft
15 Dec 2024RentedRenewal
AED 120,000/yr12 months · AED 228 per sqft
15 Dec 2024RentedRenewal
AED 120,000/yr12 months · AED 232 per sqft
15 Dec 2024RentedNew contract
AED 120,000/yr12 months · AED 228 per sqft
15 Dec 2023RentedNew contract
AED 120,000/yr12 months · AED 228 per sqft
6 Dec 2023SoldReady
AED 2,250,000AED 4,293 per sqft
22 Aug 2022SoldReady
AED 1,750,000AED 3,339 per sqft

Source: Dubai Land Department. Updated 12 December 2026.

Key facts

Type
Studio apartment
Size
524 sqft
Floor
40th of 47
Parking
B2-61
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 2.25M · December 2023

About 4004, The Palm Tower

4004 is a studio of 524 sqft on the 40th floor of The Palm Tower, a 47-storey tower in Palm Jumeirah completed in 2021 by The Palm - Jumeirah Co. It last sold on 6 December 2023 for AED 2,250,000, or AED 4,293 per sqft, 12% above the AED 3,819 studios in the building were fetching at the time.

It has been rented continuously since 2023 on 6 Ejari contracts. The current contract, renewed on 12 December 2026, is AED 105,000 a year: a gross yield of 4.7% on the 2023 price.

Sales and rents for 4004 over time

Sales
Unit 4004, 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, October 2015: AED 1,977,600 (AED 3,773 per sqft)Sold, August 2022: AED 1,750,000 (AED 3,339 per sqft)Sold, December 2023: AED 2,250,000 (AED 4,293 per sqft)

4004 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 4004, 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, December 2023: AED 120,000 a yearRenewal, December 2024: AED 120,000 a yearRenewal, December 2024: AED 120,000 a yearNew contract, December 2024: AED 120,000 a yearNew contract, December 2025: AED 120,000 a yearRenewal, December 2026: AED 105,000 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 4004 sits

All 194 studios →

4004 last sold in December 2023 at AED 4,293 per sqft, 12% above what studios in The Palm Tower were fetching at the time (AED 3,819). 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. 4004's AED 105,000 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 40th floor

All 432 units in The Palm Tower
Value
40011-bedAED 4.05M · Jun 2025
4003StudioAED 2.18M · Sep 2022
40051-bedAED 3.92M · Jun 2016
4006StudioAED 1.58M · Apr 2022
4007StudioAED 1.75M · Apr 2022
4008StudioAED 874K · Apr 2022
40091-bedAED 4.44M · Jun 2022
1–7 of 14

4004, The Palm Tower in numbers

  • Sold 3 times: first on 11 October 2015 for AED 1,977,600, last on 6 December 2023 for AED 2,250,000 (AED 4,293 per sqft).
  • Rented since December 2023 on 6 Ejari contracts, from AED 120,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2023 price is 4.7%.
  • 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 12 December 2026.

Questions about 4004, The Palm Tower

What did unit 4004 last sell for?

AED 2,250,000 on 6 December 2023: AED 4,293 per sqft for 524 sqft. The unit has 3 registered sales; the first was AED 1,977,600 in October 2015.

What is the rent for unit 4004?

AED 105,000 a year on the contract renewed on 12 December 2026. The previous contract, from December 2025, was AED 120,000; the unit has been rented since December 2023.

How big is unit 4004?

524 sqft (48.7 sqm): a studio on the 40th floor of a 47-storey tower completed in 2021.

What is unit 4004 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 4004, The Palm Tower

Starts from the last sale price (AED 2.25M, 6 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

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