Studio · 524 sqftThe Palm Tower, Palm Jumeirah · 45th floor · completed 2021

4516, The Palm Tower

Sold prices and rental history: sold 3 times, last in December 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4516 · DLD and Ejari recordsUpdated 17 December 2025
Last soldAED 2.5M17 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4516, The Palm Tower

What is 4516 worth today?

Last sold for AED 2,500,000 in 2025

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17 Dec 2025SoldReady
AED 2,500,000AED 4,771 per sqft
5 Feb 2024SoldReady
AED 2,375,000AED 4,532 per sqft
3 Aug 2015Sold by developerOff-plan
AED 2,081,500AED 3,972 per sqft

Source: Dubai Land Department. Updated 17 December 2025.

Key facts

Type
Studio apartment
Size
524 sqft
Floor
45th of 47
Parking
B2-134
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 2.5M · December 2025

About 4516, The Palm Tower

4516 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 17 December 2025 for AED 2,500,000, or AED 4,771 per sqft, 14% above the AED 4,198 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4516 over time

Sales
Unit 4516, each saleTypical studio in The Palm Tower
1.5M2M2.5M20152018202120242027Typical 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, August 2015: AED 2,081,500 (AED 3,972 per sqft)Sold, February 2024: AED 2,375,000 (AED 4,532 per sqft)Sold, December 2025: AED 2,500,000 (AED 4,771 per sqft)

4516 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 4516, 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 4516 sits

All 194 studios →

4516 last sold in December 2025 at AED 4,771 per sqft, 14% above what studios in The Palm Tower were fetching at the time (AED 4,198). 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 45th floor

All 432 units in The Palm Tower
Value
45011-bedAED 4.07M · Nov 2022
45021-bedAED 3.84M · Dec 2022
45051-bedAED 3.2M · Nov 2023
4506StudioAED 1.62M · Nov 2023
45071-bedAED 3.95M · Apr 2024
45091-bedAED 3.75M · Oct 2021
45101-bedAED 4.41M · Nov 2016
1–7 of 14

4516, The Palm Tower in numbers

  • Sold 3 times: first on 3 August 2015 for AED 2,081,500, last on 17 December 2025 for AED 2,500,000 (AED 4,771 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 17 December 2025.

Questions about 4516, The Palm Tower

What did unit 4516 last sell for?

AED 2,500,000 on 17 December 2025: AED 4,771 per sqft for 524 sqft. The unit has 3 registered sales; the first was AED 2,081,500 in August 2015.

How big is unit 4516?

524 sqft (48.7 sqm): a studio on the 45th floor of a 47-storey tower completed in 2021.

What is unit 4516 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 4516, The Palm Tower

Starts from the last sale price (AED 2.5M, 17 December 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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