BuildingPalm Jumeirah · The Palm - Jumeirah Co · 2021

The Palm Tower

Studios to three-beds in Palm Jumeirah. 15 apartments sold in the last 12 months; every sale, rent and unit is below.

Last 12 monthsUpdated 20 February 2026
Typical price per sqftAED 4,392Up 4.9% on the year
Typical saleAED 2.55M15 sales
Typical rentAED 193K /yrAED 246 per sqft
Typical yield5.6%gross, before service charges

About The Palm Tower

The Palm Tower is a 52‑storey landmark on the trunk of Palm Jumeirah, directly integrated with Nakheel Mall and the Palm Monorail station. Combining hotel and residential components in a single high‑rise, it anchors the central spine of the island and offers sweeping views over the Arabian Gulf, Dubai Marina and the city skyline. Homes in The Palm Tower are primarily fully furnished studios and one‑, two‑ and three‑bedroom apartments positioned above the hotel floors. Residences are finished to a contemporary standard with floor‑to‑ceiling glazing to maximise light and views. The building’s stature and location mean many apartments look over the fronds, the crescent and prominent city landmarks, while internal specifications typically include modern kitchens, built‑in storage and high‑speed lifts serving dedicated residential lobbies and parking. Lifestyle is a major draw. The tower houses a 360‑degree infinity pool on a high floor and a public observation deck at the top, creating one of Dubai’s signature viewing points. Residents also benefit from on‑site fitness facilities and concierge, while the mall connection places supermarkets, cinemas, family entertainment, cafés and a wide range of dining directly below. Step outside and the wider Palm Jumeirah offers shoreline promenades, beach clubs, hotels and waterfront leisure options within a short drive. Connectivity is straightforward for a beachfront address. The Palm Monorail provides convenient access along the trunk with links to Dubai Tram and the Metro via nearby stations on the mainland. By car, Sheikh Zayed Road is reached in minutes, putting Dubai Marina, Media City and Knowledge Park within easy reach. Daily services such as clinics, pharmacies and nurseries can be found in the mall and across the trunk, adding practicality to the tower’s resort‑style setting. Overall, The Palm Tower suits those seeking contemporary apartments in a premium, mixed‑use skyscraper with standout views, direct mall access and strong transport links in the heart of Palm Jumeirah.

432 apartments over 47 floors: 191 studios of 259 to 601 sqft, 216 one-beds of 572 to 1,144 sqft, 10 two-beds of 2,062 to 2,420 sqft and 2 three-beds of 2,969 to 3,146 sqft.

15 apartments sold in the 12 months to February 2026, at a median of AED 4,392 per sqft, up 4.9% on the year before. Most of the trading is in one-beds: 8 of the 15 sales, at AED 2,550,000 to 6,000,000. 34 rental contracts were registered over the same 12 months, at a typical AED 193,000 a year.

Developer
The Palm - Jumeirah Co
Completed
2021
Floors
47
Units
432
Unit types
Studio to 3-bed

Palm Jumeirah, Dubai

Average prices in The Palm Tower

In The Palm Tower, typical sale prices over the last 12 months were around AED 2,300,000 for studios and AED 4,830,000 for one-beds.

Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.

Price history in The Palm Tower

4,0005,000May 2026Nov 20262025-11-11: AED 4,598, 1-bed, 555 sqft2025-11-24: AED 5,292, 1-bed, 1,115 sqft2025-12-10: AED 4,103, Studio, 524 sqft2025-12-10: AED 3,968, 1-bed, 1,058 sqft2025-12-17: AED 4,771, Studio, 524 sqft2025-12-18: AED 3,908, Studio, 601 sqft2026-01-05: AED 4,203, Studio, 523 sqft2026-01-13: AED 3,510, 1-bed, 1,054 sqft2026-01-14: AED 4,447, Studio, 523 sqft2026-01-22: AED 4,346, Studio, 518 sqft2026-01-28: AED 4,392, Studio, 524 sqft2026-01-29: AED 5,575, 1-bed, 1,076 sqft2026-01-30: AED 4,103, 1-bed, 1,109 sqft2026-02-03: AED 5,065, 1-bed, 1,115 sqft2026-02-16: AED 4,581, 1-bed, 1,115 sqftTrend: AED 4,397 to AED 4,504

Every registered sale in the last 12 months; the dashed line is the trend within those 12 months, grey dots are flagged outliers left out of it.

Transaction history in The Palm Tower

  • Completed1-bed · 1,115 sqft 16 Feb 2026AED 5,110,0004,581 /sqft
  • Completed1-bed · 1,115 sqft 03 Feb 2026AED 5,650,0005,066 /sqft
  • Completed1-bed · 1,108 sqft 30 Jan 2026AED 4,550,0004,104 /sqft
  • Completed1-bed · 1,076 sqft 29 Jan 2026AED 6,000,0005,576 /sqft
  • CompletedStudio · 523 sqft 28 Jan 2026AED 2,300,0004,392 /sqft
  • CompletedStudio · 517 sqft 22 Jan 2026AED 2,250,0004,347 /sqft
  • CompletedStudio · 522 sqft 14 Jan 2026AED 2,325,0004,447 /sqft
  • Completed1-bed · 1,054 sqft 13 Jan 2026AED 3,700,0003,510 /sqft
  • CompletedStudio · 500 sqft 05 Jan 2026AED 2,200,0004,392 /sqft
  • CompletedStudio · 601 sqft 18 Dec 2025AED 2,350,0003,908 /sqft

Over the last 12 months, The Palm Tower has recorded 15 apartment sales. Typical homes sold for around AED 2.55M (about AED 4,392 per sqft) with a median size of 601 sqft; most were one-beds, from roughly AED 2.15M to AED 6M.

1–10 of 728

Units in The Palm Tower

432 units
  • Unit 1901485 sqftSold AED 2.05M, Sep 2025
  • Unit 1902Studio · 524 sqftSold AED 2.15M, Dec 2025
  • Unit 1903Studio · 524 sqftSold AED 2.02M, Oct 2024
  • Unit 1904Studio · 524 sqftSold AED 1.55M, Aug 2022
  • Unit 19051-bed · 1,055 sqftSold AED 2.87M, Jul 2019
  • Unit 1906Studio · 523 sqftSold AED 1.68M, Jul 2022
  • Unit 1907Studio · 517 sqftSold AED 1.53M, Oct 2015
  • Unit 1908Studio · 518 sqftSold AED 1.68M, Jul 2022
  • Unit 19091-bed · 1,109 sqftSold AED 3.3M, Jun 2022
  • Unit 19101-bed · 1,079 sqftSold AED 3.23M, Sep 2015
1–10 of 432
Every unit in The Palm Tower, by number

By type: studios (191), one-beds (216), two-beds (10), three-beds (2).

Nearby in Palm Jumeirah

All 99 →
BuildingSale /sqftYield
Club Vista MareFew sales
Shoreline - HaboolFew sales
Shoreline - AnbaraAED 3,0923.6%
Shoreline - MsalliAED 2,4325.4%
Golden Mile 09AED 1,6606.8%
1–5 of 98 · nearest first

The Palm Tower in numbers

  • Across 15 DLD sales in the 12 months to February 2026, the median price in The Palm Tower was AED 4,392 per sqft and the typical home sold for about AED 2.55M.
  • Completed in 2021 by The Palm - Jumeirah Co; 47 floors of studios to three-beds.
  • One-beds of 572 to 1,144 sqft sold for AED 2,550,000 to 6,000,000 between November 2025 and February 2026, a median AED 4,590 per sqft.
  • A studio of 259 to 601 sqft rents for AED 116,000 to 155,000 a year on the 17 contracts registered in the last 12 months.
  • Gross rental yield 5.6%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: Dubai Land Department. Updated 20 February 2026.

Questions

How much does an one-bed in The Palm Tower cost?

8 one-beds sold in the 12 months to February 2026, for AED 2,550,000 to 6,000,000; the median was AED 4,830,000, or AED 4,590 per sqft.

How much is a studio for rent in The Palm Tower?

About AED 130,000 a year: that is the median of the 17 contracts for studios registered with Ejari in the 12 months to February 2026, from AED 116,000 to 155,000.

What is the rental yield in The Palm Tower?

About 5.6% gross across the building, from about 5.8% for studios to 5.3% for one-beds, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.

Have prices in The Palm Tower gone up?

The median price per sqft rose from about AED 4,186 to AED 4,392 over the 12 months to February 2026, up 4.9%, on 15 sales against 46 the year before.

Who built The Palm Tower and when?

The Palm - Jumeirah Co; completed in 2021; 47 floors; 432 apartments.

How many apartments are there in The Palm Tower?

432, studios to three-beds. Each has its own page with its full sales and rental history.

For sale with OpenOffers in Palm Jumeirah

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