1-bed · 1,015 sqftThe Palm Tower, Palm Jumeirah · 40th floor · completed 2021

4005, The Palm Tower

Sold prices and rental history: sold once, by the developer in June 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4005 · DLD and Ejari recordsUpdated 14 June 2016
Last soldAED 3.92M14 June 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4005, The Palm Tower

What is 4005 worth today?

Last sold for AED 3,921,400 in 2016

Unlock today's estimate, updated daily, with

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

14 Jun 2016Sold by developerOff-plan
AED 3,921,400AED 3,863 per sqft

Source: Dubai Land Department. Updated 14 June 2016.

Key facts

Type
1-bed apartment
Size
1,015 sqft
Floor
40th of 47
Parking
B2-105
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 3.92M · June 2016

About 4005, The Palm Tower

4005 is a one-bedroom apartment of 1,015 sqft on the 40th 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 14 June 2016 for AED 3,921,400, or AED 3,863 per sqft, 18% above the AED 3,275 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4005 over time

Sales
Unit 4005, 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, June 2016: AED 3,921,400 (AED 3,863 per sqft)

4005 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4005, each contractTypical one-bed in The Palm Tower
200K250K202220242026Typical rent by year: 2022 AED 200,000; 2023 AED 230,000; 2024 AED 250,000; 2025 AED 265,000; 2026 AED 240,000

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 4005 sits

All 226 1-beds →

4005 last sold in June 2016 at AED 3,863 per sqft, 18% above what one-beds in The Palm Tower were fetching at the time (AED 3,275). 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.

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 40th floor

All 432 units in The Palm Tower
Value
40011-bedAED 4.05M · Jun 2025
4003StudioAED 2.18M · Sep 2022
4004StudioAED 2.25M · Dec 2023
4006StudioAED 1.58M · Apr 2022
4007StudioAED 1.75M · Apr 2022
4008StudioAED 874K · Apr 2022
40091-bedAED 4.44M · Jun 2022
1–7 of 14

4005, The Palm Tower in numbers

  • Sold once: by The Palm - Jumeirah Co on 14 June 2016 for AED 3,921,400, or AED 3,863 per sqft.
  • 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 14 June 2016.

Questions about 4005, The Palm Tower

What did unit 4005 last sell for?

AED 3,921,400 on 14 June 2016, sold by the developer: AED 3,863 per sqft for 1,015 sqft. It is the only registered sale of the unit.

How big is unit 4005?

1,015 sqft (94.3 sqm): a one-bedroom apartment on the 40th floor of a 47-storey tower completed in 2021.

What is unit 4005 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.

Selling 4005? 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 4005, The Palm Tower

Starts from the last sale price (AED 3.92M, 14 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 3,921,400
Deposit, UAE resident (20%)
AED 784,280
Deposit, non-resident (40%)
AED 1,568,560
Monthly over 25 years at 3.7%
AED 16,044

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