4506, The Palm Tower
Sold prices and rental history: sold twice, last in November 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4506, The Palm Tower
What is 4506 worth today?
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Source: Dubai Land Department. Updated 2 November 2023.
Key facts
- Type
- Studio apartment
- Size
- 524 sqft
- Floor
- 45th of 47
- Parking
- B2-131
- Developer
- The Palm - Jumeirah Co
- Completed
- 2021
- Last sold
- AED 1.62M · November 2023
- Building
- The Palm Tower
About 4506, The Palm Tower
4506 is a studio of 524 sqft on the 45th floor of The Palm Tower, a 47-storey tower in Palm Jumeirah completed in 2021 by The Palm - Jumeirah Co. It last sold on 2 November 2023 for AED 1,623,874, or AED 3,100 per sqft, 16% below the AED 3,704 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 4506 over time
4506 has sold twice; the dashed line is the studio median of each year in the building.
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 4506 sits
All 194 studios →4506 last sold in November 2023 at AED 3,100 per sqft, 16% below what studios in The Palm Tower were fetching at the time (AED 3,704). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Oct 202629 October 2026 | 518 sqft | 2,100,000 | 4,053 | ||
| 29 Oct 202629 October 2026 | 518 sqft | 2,100,000 | 4,056 | ||
| 16 Oct 202616 October 2026 | 524 sqft | 2,075,000 | 3,960 | ||
| 29 Jul 202629 July 2026 | 26 sqft | 71,982 | 2,752 |
The Palm Tower
Building432 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%
Other units on the 45th floor
All 432 units in The Palm Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4501 | 1-bed | 1,032 sqft | AED 4.07MAED 4,072,000 · Nov 2022November 2022 | ||
| 4502 | 1-bed | 1,054 sqft | AED 3.84MAED 3,838,000 · Dec 2022December 2022 | ||
| 4505 | 1-bed | 1,057 sqft | AED 3.2MAED 3,200,000 · Nov 2023November 2023 | ||
| 4507 | 1-bed | 1,039 sqft | AED 3.95MAED 3,950,000 · Apr 2024April 2024 | 190,000 /yr | |
| 4509 | 1-bed | 1,118 sqft | AED 3.75MAED 3,748,000 · Oct 2021October 2021 | ||
| 4510 | 1-bed | 1,085 sqft | AED 4.41MAED 4,408,900 · Nov 2016November 2016 | ||
| 4511 | 1-bed | 572 sqft | AED 4.15MAED 4,148,000 · Oct 2021October 2021 | ||
| 4513 | 1-bed | 1,057 sqft | AED 4.5MAED 4,500,000 · Jun 2024June 2024 | ||
| 4514 | Studio | 524 sqft | AED 2.6MAED 2,600,000 · Jan 2023January 2023 | ||
| 4515 | Studio | 524 sqft | AED 2MAED 2,000,000 · Feb 2023February 2023 | 125,337 /yr | |
| 4516 | Studio | 524 sqft | AED 2.5MAED 2,500,000 · Dec 2025December 2025 | ||
| 4517 | Studio | 524 sqft | AED 2MAED 2,002,600 · Jun 2021June 2021 | 142,000 /yr | |
| 4518 | 1-bed | 1,079 sqft | AED 6.5MAED 6,500,000 · Oct 2023October 2023 | 225,000 /yr | |
| 4519 | 1-bed | 1,118 sqft | AED 4.85MAED 4,850,000 · Dec 2022December 2022 | 250,000 /yr |
4506, The Palm Tower in numbers
- Sold twice: first on 18 August 2019 for AED 1,984,645, last on 2 November 2023 for AED 1,623,874 (AED 3,100 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 2 November 2023.
Questions about 4506, The Palm Tower
What did unit 4506 last sell for?
AED 1,623,874 on 2 November 2023: AED 3,100 per sqft for 524 sqft. The unit has 2 registered sales; the first was AED 1,984,645 in August 2019.
How big is unit 4506?
524 sqft (48.7 sqm): a studio on the 45th floor of a 47-storey tower completed in 2021.
What is unit 4506 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.
Selling 4506? Put it on the OpenOffers board
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Mortgage on 4506, The Palm Tower
Starts from the last sale price (AED 1.62M, 2 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,623,874
- Deposit, UAE resident (20%)
- AED 324,775
- Deposit, non-resident (40%)
- AED 649,550
- Monthly over 25 years at 3.7%
- AED 6,644
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →