Studio · 485 sqftThe Palm Tower, Palm Jumeirah · 20th floor · completed 2021

2001, The Palm Tower

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

Unit 2001 · DLD and Ejari recordsUpdated 24 August 2022
Last soldAED 1.88M24 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2001, The Palm Tower

What is 2001 worth today?

Last sold for AED 1,882,889 in 2022

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24 Aug 2022SoldReady
AED 1,882,889AED 3,879 per sqft
16 Jun 2015Sold by developerOff-plan
AED 1,571,300AED 3,237 per sqft

Source: Dubai Land Department. Updated 24 August 2022.

Key facts

Type
Studio apartment
Size
485 sqft
Floor
20th of 47
Parking
B3-36
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 1.88M · August 2022

About 2001, The Palm Tower

2001 is a studio of 485 sqft on the 20th floor of The Palm Tower, a 47-storey tower in Palm Jumeirah completed in 2021 by The Palm - Jumeirah Co. It last sold on 24 August 2022 for AED 1,882,889, or AED 3,879 per sqft, 23% above the AED 3,155 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2001 over time

Sales
Unit 2001, 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, June 2015: AED 1,571,300 (AED 3,237 per sqft)Sold, August 2022: AED 1,882,889 (AED 3,879 per sqft)

2001 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2001, 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 135,750

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 2001 sits

All 191 studios →

2001 last sold in August 2022 at AED 3,879 per sqft, 23% above what studios in The Palm Tower were fetching at the time (AED 3,155). 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.

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 20th floor

All 432 units in The Palm Tower
Value
2002StudioAED 1.35M · Nov 2021
2003StudioAED 1.86M · Aug 2022
2004StudioAED 1.93M · Dec 2024
20051-bedAED 3.67M · Oct 2022
2006StudioAED 1.86M · Aug 2022
2007StudioAED 1.86M · Aug 2022
2008StudioAED 2.2M · Nov 2023
1–7 of 16

2001, The Palm Tower in numbers

  • Sold twice: first on 16 June 2015 for AED 1,571,300, last on 24 August 2022 for AED 1,882,889 (AED 3,879 per sqft).
  • 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: Dubai Land Department. Updated 24 August 2022.

Questions about 2001, The Palm Tower

What did unit 2001 last sell for?

AED 1,882,889 on 24 August 2022: AED 3,879 per sqft for 485 sqft. The unit has 2 registered sales; the first was AED 1,571,300 in June 2015.

How big is unit 2001?

485 sqft (45.1 sqm): a studio on the 20th floor of a 47-storey tower completed in 2021.

What is unit 2001 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.

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Mortgage on 2001, The Palm Tower

Starts from the last sale price (AED 1.88M, 24 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,882,889
Deposit, UAE resident (20%)
AED 376,578
Deposit, non-resident (40%)
AED 753,156
Monthly over 25 years at 3.7%
AED 7,703

Plus AED 84,092 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →