2-bed · 2,121 sqftThe Palm Tower, Palm Jumeirah · 46th floor · completed 2021

4602, The Palm Tower

Sold prices and rental history: sold 3 times, last in January 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4602 · DLD and Ejari recordsUpdated 30 January 2023
Last soldAED 10.5M30 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4602, The Palm Tower

What is 4602 worth today?

Last sold for AED 10,500,000 in 2023

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30 Jan 2023SoldReady
AED 10,500,000AED 4,951 per sqft
13 Nov 2017SoldOff-plan
AED 8,534,000AED 4,138 per sqft
27 Oct 2015Sold by developerOff-plan
AED 8,534,000AED 4,024 per sqft

Source: Dubai Land Department. Updated 30 January 2023.

Key facts

Type
2-bed apartment
Size
2,121 sqft
Floor
46th of 47
Parking
B2-167,B2-168
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 10.5M · January 2023

About 4602, The Palm Tower

4602 is a two-bedroom apartment of 2,121 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 30 January 2023 for AED 10,500,000, or AED 4,951 per sqft, in line with the AED 5,009 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4602 over time

Sales
Unit 4602, each saleTypical two-bed in The Palm Tower
8M10M201520182021Typical sale price by year: 2018 AED 7,718,255; 2021 AED 8,406,400; 2022 AED 11,250,000Sold by developer, October 2015: AED 8,534,000 (AED 4,024 per sqft)Sold, November 2017: AED 8,534,000 (AED 4,138 per sqft)Sold, January 2023: AED 10,500,000 (AED 4,951 per sqft)

4602 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4602, each contractTypical two-bed in The Palm Tower
600K700K2022202320242025Typical rent by year: 2022 AED 600,000; 2024 AED 730,000

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 4602 sits

All 10 2-beds →

4602 last sold in January 2023 at AED 4,951 per sqft, in line with what two-beds in The Palm Tower were fetching at the time (AED 5,009).

Recent 2-bed salesUnit no.Price (AED)Summary
15 Jun 202312,000,000
11 Oct 202210,000,000
25 Jul 202211,250,000
14 Mar 202213,400,000
0 2-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 46th floor

All 432 units in The Palm Tower
Value
46012-bedAED 10M · Oct 2022
46033-bedAED 14M · Jan 2023
46042-bedAED 11.25M · Jul 2022
46052-bedAED 12M · Jun 2023
46062-bedAED 13.4M · Mar 2022

4602, The Palm Tower in numbers

  • Sold 3 times: first on 27 October 2015 for AED 8,534,000, last on 30 January 2023 for AED 10,500,000 (AED 4,951 per sqft).

Source: Dubai Land Department. Updated 30 January 2023.

Questions about 4602, The Palm Tower

What did unit 4602 last sell for?

AED 10,500,000 on 30 January 2023: AED 4,951 per sqft for 2,121 sqft. The unit has 3 registered sales; the first was AED 8,534,000 in October 2015.

How big is unit 4602?

2,121 sqft (197.0 sqm): a two-bedroom apartment on the 46th floor of a 47-storey tower completed in 2021.

What is unit 4602 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 4602, The Palm Tower

Starts from the last sale price (AED 10.5M, 30 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 10,500,000
Deposit, UAE resident (20%)
AED 2,100,000
Deposit, non-resident (40%)
AED 4,200,000
Monthly over 25 years at 3.7%
AED 42,959

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