Studio · 259 sqftThe Palm Tower, Palm Jumeirah · 40th floor · completed 2021

4008, The Palm Tower

Sold prices and rental history: sold twice, last in April 2022, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4008 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 874K11 April 2022
Current rentAED 105K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4008, The Palm Tower

What is 4008 worth today?

Last sold for AED 873,613 in 2022

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1 Oct 2026RentedNew contract
AED 105,000/yr12 months · AED 203 per sqft
1 Apr 2025RentedRenewal
AED 144,000/yr12 months · AED 278 per sqft
1 Apr 2025RentedRenewal
AED 144,000/yr12 months · AED 278 per sqft
1 Apr 2024RentedNew contract
AED 140,000/yr12 months · AED 270 per sqft
1 Apr 2023RentedNew contract
AED 120,000/yr12 months · AED 232 per sqft
11 Apr 2022SoldReady
AED 873,613AED 3,374 per sqft
19 Jun 2018Sold by developerOff-plan
AED 1,857,630AED 3,708 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
Studio apartment
Size
259 sqft
Floor
40th of 47
Parking
B2-64
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 874K · April 2022

About 4008, The Palm Tower

4008 is a studio of 259 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 873,613, or AED 3,374 per sqft, 6% above the AED 3,193 studios in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, signed on 1 October 2026, is AED 105,000 a year: a gross yield of 12.0% on the 2022 price.

Sales and rents for 4008 over time

Sales
Unit 4008, each saleTypical studio in The Palm Tower
1M2M20152018202120242027Typical 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 2018: AED 1,857,630 (AED 3,708 per sqft)Sold, April 2022: AED 873,613 (AED 3,374 per sqft)

4008 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 4008, 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, April 2023: AED 120,000 a yearNew contract, April 2024: AED 140,000 a yearRenewal, April 2025: AED 144,000 a yearRenewal, April 2025: AED 144,000 a yearNew contract, October 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 4008 sits

All 194 studios →

4008 last sold in April 2022 at AED 3,374 per sqft, 6% above 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. 4008'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
4004StudioAED 2.25M · Dec 2023
40051-bedAED 3.92M · Jun 2016
4006StudioAED 1.58M · Apr 2022
4007StudioAED 1.75M · Apr 2022
40091-bedAED 4.44M · Jun 2022
1–7 of 14

4008, The Palm Tower in numbers

  • Sold twice: first on 19 June 2018 for AED 1,857,630, last on 11 April 2022 for AED 873,613 (AED 3,374 per sqft).
  • Rented since April 2023 on 5 Ejari contracts, from AED 120,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2022 price is 12.0%.
  • 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 1 October 2026.

Questions about 4008, The Palm Tower

What did unit 4008 last sell for?

AED 873,613 on 11 April 2022: AED 3,374 per sqft for 259 sqft. The unit has 2 registered sales; the first was AED 1,857,630 in June 2018.

What is the rent for unit 4008?

AED 105,000 a year on the contract signed on 1 October 2026. The previous contract, from April 2025, was AED 144,000; the unit has been rented since April 2023.

How big is unit 4008?

259 sqft (24.1 sqm): a studio on the 40th floor of a 47-storey tower completed in 2021.

What is unit 4008 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 4008, The Palm Tower

Starts from the last sale price (AED 874K, 11 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 873,613
Deposit, UAE resident (20%)
AED 174,723
Deposit, non-resident (40%)
AED 349,445
Monthly over 25 years at 3.7%
AED 3,574

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