Studio · 523 sqftThe Palm Tower, Palm Jumeirah · 40th floor · completed 2021

4006, The Palm Tower

Sold prices and rental history: sold twice, last in April 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4006 · DLD and Ejari recordsUpdated 11 April 2022
Last soldAED 1.58M11 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4006, The Palm Tower

What is 4006 worth today?

Last sold for AED 1,578,555 in 2022

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11 Apr 2022SoldReady
AED 1,578,555AED 3,017 per sqft
14 Jun 2016Sold by developerOff-plan
AED 1,977,600AED 3,947 per sqft

Source: Dubai Land Department. Updated 11 April 2022.

Key facts

Type
Studio apartment
Size
523 sqft
Floor
40th of 47
Parking
B2-62
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 1.58M · April 2022

About 4006, The Palm Tower

4006 is a studio of 523 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 11 April 2022 for AED 1,578,555, or AED 3,017 per sqft, 6% below the AED 3,193 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4006 over time

Sales
Unit 4006, 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, June 2016: AED 1,977,600 (AED 3,947 per sqft)Sold, April 2022: AED 1,578,555 (AED 3,017 per sqft)

4006 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 4006, 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 115,000

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 4006 sits

All 194 studios →

4006 last sold in April 2022 at AED 3,017 per sqft, 6% below what studios in The Palm Tower were fetching at the time (AED 3,193). 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.

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
4004StudioAED 2.25M · Dec 2023
40051-bedAED 3.92M · Jun 2016
4007StudioAED 1.75M · Apr 2022
4008StudioAED 874K · Apr 2022
40091-bedAED 4.44M · Jun 2022
1–7 of 14

4006, The Palm Tower in numbers

  • Sold twice: first on 14 June 2016 for AED 1,977,600, last on 11 April 2022 for AED 1,578,555 (AED 3,017 per sqft).
  • 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 11 April 2022.

Questions about 4006, The Palm Tower

What did unit 4006 last sell for?

AED 1,578,555 on 11 April 2022: AED 3,017 per sqft for 523 sqft. The unit has 2 registered sales; the first was AED 1,977,600 in June 2016.

How big is unit 4006?

523 sqft (48.6 sqm): a studio on the 40th floor of a 47-storey tower completed in 2021.

What is unit 4006 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 4006, The Palm Tower

Starts from the last sale price (AED 1.58M, 11 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,578,555
Deposit, UAE resident (20%)
AED 315,711
Deposit, non-resident (40%)
AED 631,422
Monthly over 25 years at 3.7%
AED 6,458

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