2-bed · 2,337 sqftThe Palm Tower, Palm Jumeirah · 46th floor · completed 2021

4606, The Palm Tower

Sold prices and rental history: sold twice, last in March 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4606 · DLD and Ejari recordsUpdated 14 March 2022
Last soldAED 13.4M14 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4606, The Palm Tower

What is 4606 worth today?

Last sold for AED 13,400,000 in 2022

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14 Mar 2022SoldOff-plan
AED 13,400,000AED 5,733 per sqft
20 Feb 2020Sold by developerOff-plan
AED 9,488,125AED 4,060 per sqft

Source: Dubai Land Department. Updated 14 March 2022.

Key facts

Type
2-bed apartment
Size
2,337 sqft
Floor
46th of 47
Parking
B2-144,B2-146
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 13.4M · March 2022

About 4606, The Palm Tower

4606 is a two-bedroom apartment of 2,337 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 14 March 2022 for AED 13,400,000, or AED 5,733 per sqft, 49% above the AED 3,850 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4606 over time

Sales
Unit 4606, each saleTypical two-bed in The Palm Tower
10M201820202022Typical sale price by year: 2018 AED 7,718,255; 2021 AED 8,406,400; 2022 AED 11,250,000Sold by developer, February 2020: AED 9,488,125 (AED 4,060 per sqft)Sold, March 2022: AED 13,400,000 (AED 5,733 per sqft)

4606 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4606, 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 4606 sits

All 10 2-beds →

4606 last sold in March 2022 at AED 5,733 per sqft, 49% above what two-beds in The Palm Tower were fetching at the time (AED 3,850).

Recent 2-bed salesUnit no.Price (AED)Summary
15 Jun 202312,000,000
30 Jan 202310,500,000
11 Oct 202210,000,000
25 Jul 202211,250,000
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
46022-bedAED 10.5M · Jan 2023
46033-bedAED 14M · Jan 2023
46042-bedAED 11.25M · Jul 2022
46052-bedAED 12M · Jun 2023

4606, The Palm Tower in numbers

  • Sold twice: first on 20 February 2020 for AED 9,488,125, last on 14 March 2022 for AED 13,400,000 (AED 5,733 per sqft).

Source: Dubai Land Department. Updated 14 March 2022.

Questions about 4606, The Palm Tower

What did unit 4606 last sell for?

AED 13,400,000 on 14 March 2022: AED 5,733 per sqft for 2,337 sqft. The unit has 2 registered sales; the first was AED 9,488,125 in February 2020.

How big is unit 4606?

2,337 sqft (217.1 sqm): a two-bedroom apartment on the 46th floor of a 47-storey tower completed in 2021.

What is unit 4606 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 4606, The Palm Tower

Starts from the last sale price (AED 13.4M, 14 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 13,400,000
Deposit, UAE resident (20%)
AED 2,680,000
Deposit, non-resident (40%)
AED 5,360,000
Monthly over 25 years at 3.7%
AED 54,824

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