4601, The Palm Tower
Sold prices and rental history: sold 3 times, last in October 2022, and rented once, from May 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4601, The Palm Tower
What is 4601 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 22 May 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 2,107 sqft
- Floor
- 46th of 47
- Parking
- B2-142,B2-143
- Developer
- The Palm - Jumeirah Co
- Completed
- 2021
- Last sold
- AED 10M · October 2022
- Building
- The Palm Tower
About 4601, The Palm Tower
4601 is a two-bedroom apartment of 2,107 sqft on the 46th 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 October 2022 for AED 10,000,000, or AED 4,746 per sqft, 3% below the AED 4,907 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 22 May 2023. The current contract, signed on 22 May 2023, is AED 1,000,000 a year: a gross yield of 10.0% on the 2022 price.
Sales and rents for 4601 over time
4601 has sold 3 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in The Palm Tower, and where 4601 sits
All 10 2-beds →4601 last sold in October 2022 at AED 4,746 per sqft, 3% below what two-beds in The Palm Tower were fetching at the time (AED 4,907).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Jun 202315 June 2023 | 2,111 sqft | 12,000,000 | 5,683 | ||
| 30 Jan 202330 January 2023 | 2,121 sqft | 10,500,000 | 4,951 | ||
| 25 Jul 202225 July 2022 | 2,220 sqft | 11,250,000 | 5,067 | ||
| 14 Mar 202214 March 2022 | 2,337 sqft | 13,400,000 | 5,733 |
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 46th floor
All 432 units in The Palm Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4602 | 2-bed | 2,121 sqft | AED 10.5MAED 10,500,000 · Jan 2023January 2023 | ||
| 4603 | 3-bed | 2,969 sqft | AED 14MAED 14,000,000 · Jan 2023January 2023 | ||
| 4604 | 2-bed | 2,220 sqft | AED 11.25MAED 11,250,000 · Jul 2022July 2022 | ||
| 4605 | 2-bed | 2,111 sqft | AED 12MAED 12,000,000 · Jun 2023June 2023 | ||
| 4606 | 2-bed | 2,337 sqft | AED 13.4MAED 13,400,000 · Mar 2022March 2022 |
4601, The Palm Tower in numbers
- Sold 3 times: first on 27 October 2015 for AED 8,534,000, last on 11 October 2022 for AED 10,000,000 (AED 4,746 per sqft).
- Rented since May 2023 on one Ejari contract, at AED 1,000,000 a year.
- At AED 1,000,000 a year the gross yield on the 2022 price is 10.0%.
Source: Dubai Land Department. Updated 22 May 2023.
Questions about 4601, The Palm Tower
What did unit 4601 last sell for?
AED 10,000,000 on 11 October 2022: AED 4,746 per sqft for 2,107 sqft. The unit has 3 registered sales; the first was AED 8,534,000 in October 2015.
What is the rent for unit 4601?
AED 1,000,000 a year on the contract signed on 22 May 2023.
How big is unit 4601?
2,107 sqft (195.7 sqm): a two-bedroom apartment on the 46th floor of a 47-storey tower completed in 2021.
What is unit 4601 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 4601? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 4601, The Palm Tower
Starts from the last sale price (AED 10M, 11 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 10,000,000
- Deposit, UAE resident (20%)
- AED 2,000,000
- Deposit, non-resident (40%)
- AED 4,000,000
- Monthly over 25 years at 3.7%
- AED 40,913
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →