Studio · 524 sqftThe Palm Tower, Palm Jumeirah · 19th floor · completed 2021

1903, The Palm Tower

Sold prices and rental history: sold 3 times, last in October 2024, and rented once, from June 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1903 · DLD and Ejari recordsUpdated 4 June 2025
Last soldAED 2.02M17 October 2024
Current rentAED 120K /yr4 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1903, The Palm Tower

What is 1903 worth today?

Last sold for AED 2,020,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

4 Jun 2025RentedNew contract
AED 120,000/yr12 months · AED 229 per sqft
17 Oct 2024SoldReady
AED 2,020,000AED 3,855 per sqft
31 Jul 2023SoldReady
AED 1,900,000AED 3,626 per sqft
15 Dec 2016Sold by developerOff-plan
AED 1,531,600AED 3,021 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 June 2025.

Key facts

Type
Studio apartment
Size
524 sqft
Floor
19th of 47
Parking
B3-06
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 2.02M · October 2024

About 1903, The Palm Tower

1903 is a studio of 524 sqft on the 19th floor of The Palm Tower, a 47-storey tower in Palm Jumeirah completed in 2021 by The Palm - Jumeirah Co. It last sold on 17 October 2024 for AED 2,020,000, or AED 3,855 per sqft, 9% below the AED 4,245 studios in the building were fetching at the time.

One Ejari contract is registered, from 4 June 2025. The current contract, signed on 4 June 2025, is AED 120,000 a year: a gross yield of 5.9% on the 2024 price.

Sales and rents for 1903 over time

Sales
Unit 1903, each saleTypical studio in The Palm Tower
1.5M2M20152018202120242027Typical sale price by year: 2015 AED 1,668,800; 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 2,050,000; 2024 AED 2,100,000; 2025 AED 2,200,000; 2026 AED 2,275,000Sold by developer, December 2016: AED 1,531,600 (AED 3,021 per sqft)Sold, July 2023: AED 1,900,000 (AED 3,626 per sqft)Sold, October 2024: AED 2,020,000 (AED 3,855 per sqft)

1903 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1903, 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 135,750New contract, June 2025: AED 120,000 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 1903 sits

All 191 studios →

1903 last sold in October 2024 at AED 3,855 per sqft, 9% below what studios in The Palm Tower were fetching at the time (AED 4,245). Over the last 12 months studios sold for AED 2,150,000 to 2,500,000, around AED 4,346 per sqft, and rent for AED 116,000 to 155,000 a year. 1903's AED 120,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
28 Jan 20262,300,000
22 Jan 20262,250,000
14 Jan 20262,325,000
5 Jan 20262,200,000
7 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. 14 sold in the last 12 months.

Typical price per sqft
AED 4,369 Up 4.2%
Typical sale
AED 3.1M
Typical rent
AED 155K /yr
Typical yield
5.6%
The Palm Tower, Palm Jumeirah: prices, sales and rents →

Other units on the 19th floor

All 432 units in The Palm Tower
Value
1901AED 2.05M · Sep 2025
1902StudioAED 2.15M · Dec 2025
1904StudioAED 1.55M · Aug 2022
19051-bedAED 2.87M · Jul 2019
1906StudioAED 1.68M · Jul 2022
1907StudioAED 1.53M · Oct 2015
1908StudioAED 1.68M · Jul 2022
1–7 of 16

1903, The Palm Tower in numbers

  • Sold 3 times: first on 15 December 2016 for AED 1,531,600, last on 17 October 2024 for AED 2,020,000 (AED 3,855 per sqft).
  • Rented since June 2025 on one Ejari contract, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2024 price is 5.9%.
  • Studios in The Palm Tower sold for AED 2,150,000–2,500,000 in the 12 months to November 2026; the building's median across all types is AED 4,369 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 4 June 2025.

Questions about 1903, The Palm Tower

What did unit 1903 last sell for?

AED 2,020,000 on 17 October 2024: AED 3,855 per sqft for 524 sqft. The unit has 3 registered sales; the first was AED 1,531,600 in December 2016.

What is the rent for unit 1903?

AED 120,000 a year on the contract signed on 4 June 2025.

How big is unit 1903?

524 sqft (48.7 sqm): a studio on the 19th floor of a 47-storey tower completed in 2021.

What is unit 1903 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 2,150,000 to 2,500,000 in the last 12 months, around AED 4,346 per sqft.

Selling 1903? 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.

How OpenOffers works

Mortgage on 1903, The Palm Tower

Starts from the last sale price (AED 2.02M, 17 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,020,000
Deposit, UAE resident (20%)
AED 404,000
Deposit, non-resident (40%)
AED 808,000
Monthly over 25 years at 3.7%
AED 8,264

Plus AED 89,850 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →