1-bed · 1,057 sqftThe Palm Tower, Palm Jumeirah · 44th floor · completed 2021

4405, The Palm Tower

Sold prices and rental history: sold once, by the developer in May 2022, and rented once, from August 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4405 · DLD and Ejari recordsUpdated 22 August 2024
Last soldAED 3.49M27 May 2022
Current rentAED 235K /yr22 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4405, The Palm Tower

What is 4405 worth today?

Last sold for AED 3,488,000 in 2022

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22 Aug 2024RentedNew contract
AED 235,000/yr12 months · AED 223 per sqft
27 May 2022Sold by developerReady
AED 3,488,000AED 3,300 per sqft

Source: Dubai Land Department. Updated 22 August 2024.

Key facts

Type
1-bed apartment
Size
1,057 sqft
Floor
44th of 47
Parking
B2-186
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 3.49M · May 2022

About 4405, The Palm Tower

4405 is a one-bedroom apartment of 1,057 sqft on the 44th 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 27 May 2022 for AED 3,488,000, or AED 3,300 per sqft, 8% above the AED 3,043 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 22 August 2024. The current contract, signed on 22 August 2024, is AED 235,000 a year: a gross yield of 6.7% on the 2022 price.

Sales and rents for 4405 over time

Sales
Unit 4405, 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, May 2022: AED 3,488,000 (AED 3,300 per sqft)

4405 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4405, 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 240,000New contract, August 2024: AED 235,000 a year

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 4405 sits

All 226 1-beds →

4405 last sold in May 2022 at AED 3,300 per sqft, 8% above what one-beds in The Palm Tower were fetching at the time (AED 3,043). 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. 4405's AED 235,000 is in the lower half of that range.

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 44th floor

All 432 units in The Palm Tower
Value
44011-bedAED 3.73M · Nov 2021
44021-bedAED 3.8M · Nov 2021
4406StudioAED 2.55M · Mar 2025
44071-bedAED 3.67M · May 2022
44091-bedAED 3.56M · Jan 2022
44101-bedAED 4.36M · Oct 2015
44111-bedAED 3.94M · Jan 2023
1–7 of 12

4405, The Palm Tower in numbers

  • Sold once: by The Palm - Jumeirah Co on 27 May 2022 for AED 3,488,000, or AED 3,300 per sqft.
  • Rented since August 2024 on one Ejari contract, at AED 235,000 a year.
  • At AED 235,000 a year the gross yield on the 2022 price is 6.7%.
  • 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 22 August 2024.

Questions about 4405, The Palm Tower

What did unit 4405 last sell for?

AED 3,488,000 on 27 May 2022, sold by the developer: AED 3,300 per sqft for 1,057 sqft. It is the only registered sale of the unit.

What is the rent for unit 4405?

AED 235,000 a year on the contract signed on 22 August 2024.

How big is unit 4405?

1,057 sqft (98.2 sqm): a one-bedroom apartment on the 44th floor of a 47-storey tower completed in 2021.

What is unit 4405 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.

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Mortgage on 4405, The Palm Tower

Starts from the last sale price (AED 3.49M, 27 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,488,000
Deposit, UAE resident (20%)
AED 697,600
Deposit, non-resident (40%)
AED 1,395,200
Monthly over 25 years at 3.7%
AED 14,270

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