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

4517, The Palm Tower

Sold prices and rental history: sold once, by the developer in June 2021, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4517 · DLD and Ejari recordsUpdated 6 April 2026
Last soldAED 2M23 June 2021
Current rentAED 142K /yr6 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4517, The Palm Tower

What is 4517 worth today?

Last sold for AED 2,002,600 in 2021

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6 Apr 2026RentedRenewal
AED 142,000/yr12 months · AED 269 per sqft
6 Apr 2025RentedNew contract
AED 142,000/yr12 months · AED 269 per sqft
6 Apr 2025RentedNew contract
AED 142,000/yr12 months · AED 269 per sqft
1 Apr 2024RentedRenewal
AED 140,000/yr12 months · AED 265 per sqft
1 Apr 2023RentedRenewal
AED 140,000/yr12 months · AED 265 per sqft
1 Apr 2022RentedNew contract
AED 135,000/yr12 months · AED 256 per sqft
23 Jun 2021Sold by developerOff-plan
AED 2,002,600AED 3,818 per sqft

Source: Dubai Land Department. Updated 6 April 2026.

Key facts

Type
Studio apartment
Size
524 sqft
Floor
45th of 47
Parking
B2-135
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 2M · June 2021

About 4517, The Palm Tower

4517 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. The developer sold it on 23 June 2021 for AED 2,002,600, or AED 3,818 per sqft, 38% above the AED 2,760 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, renewed on 6 April 2026, is AED 142,000 a year: a gross yield of 7.1% on the 2021 price.

Sales and rents for 4517 over time

Sales
Unit 4517, 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 2021: AED 2,002,600 (AED 3,818 per sqft)

4517 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 4517, 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 2022: AED 135,000 a yearRenewal, April 2023: AED 140,000 a yearRenewal, April 2024: AED 140,000 a yearNew contract, April 2025: AED 142,000 a yearNew contract, April 2025: AED 142,000 a yearRenewal, April 2026: AED 142,000 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 4517 sits

All 194 studios →

4517 last sold in June 2021 at AED 3,818 per sqft, 38% above what studios in The Palm Tower were fetching at the time (AED 2,760). 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. 4517's AED 142,000 is in the upper 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 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

4517, The Palm Tower in numbers

  • Sold once: by The Palm - Jumeirah Co on 23 June 2021 for AED 2,002,600, or AED 3,818 per sqft.
  • Rented since April 2022 on 6 Ejari contracts, from AED 135,000 to AED 142,000 a year.
  • At AED 142,000 a year the gross yield on the 2021 price is 7.1%.
  • 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 6 April 2026.

Questions about 4517, The Palm Tower

What did unit 4517 last sell for?

AED 2,002,600 on 23 June 2021, sold by the developer: AED 3,818 per sqft for 524 sqft. It is the only registered sale of the unit.

What is the rent for unit 4517?

AED 142,000 a year on the contract renewed on 6 April 2026. The previous contract, from April 2025, was AED 142,000; the unit has been rented since April 2022.

How big is unit 4517?

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

What is unit 4517 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 4517, The Palm Tower

Starts from the last sale price (AED 2M, 23 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,002,600
Deposit, UAE resident (20%)
AED 400,520
Deposit, non-resident (40%)
AED 801,040
Monthly over 25 years at 3.7%
AED 8,193

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