2002, The Palm Tower
Sold prices and rental history: sold twice, last in November 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2002, The Palm Tower
What is 2002 worth today?
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Source: Dubai Land Department. Updated 1 October 2025.
Key facts
- Type
- Studio apartment
- Size
- 507 sqft
- Floor
- 20th of 47
- Parking
- B3-37
- Developer
- The Palm - Jumeirah Co
- Completed
- 2021
- Last sold
- AED 1.35M · November 2021
- Building
- The Palm Tower
About 2002, The Palm Tower
2002 is a studio of 507 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 21 November 2021 for AED 1,350,000, or AED 2,662 per sqft, 19% below the AED 3,279 studios in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 1 October 2025, is AED 114,000 a year: a gross yield of 8.4% on the 2021 price.
Sales and rents for 2002 over time
2002 has sold twice; the dashed line is the studio median of each year in the building.
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 2002 sits
All 191 studios →2002 last sold in November 2021 at AED 2,662 per sqft, 19% below what studios in The Palm Tower were fetching at the time (AED 3,279). 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. 2002's AED 114,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Jan 202628 January 2026 | 524 sqft | 2,300,000 | 4,392 | ||
| 22 Jan 202622 January 2026 | 518 sqft | 2,250,000 | 4,346 | ||
| 14 Jan 202614 January 2026 | 523 sqft | 2,325,000 | 4,447 | ||
| 5 Jan 20265 January 2026 | 523 sqft | 2,200,000 | 4,203 |
The Palm Tower
Building432 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%
Other units on the 20th floor
All 432 units in The Palm Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | Studio | 485 sqft | AED 1.88MAED 1,882,889 · Aug 2022August 2022 | ||
| 2003 | Studio | 524 sqft | AED 1.86MAED 1,862,038 · Aug 2022August 2022 | ||
| 2004 | Studio | 524 sqft | AED 1.93MAED 1,930,000 · Dec 2024December 2024 | ||
| 2005 | 1-bed | 1,056 sqft | AED 3.67MAED 3,668,835 · Oct 2022October 2022 | ||
| 2006 | Studio | 523 sqft | AED 1.86MAED 1,862,038 · Aug 2022August 2022 | ||
| 2007 | Studio | 517 sqft | AED 1.86MAED 1,862,038 · Aug 2022August 2022 | ||
| 2008 | Studio | 518 sqft | AED 2.2MAED 2,200,000 · Nov 2023November 2023 | 120,000 /yr | |
| 2009 | 1-bed | 1,108 sqft | AED 3.92MAED 3,924,313 · Aug 2022August 2022 | 265,000 /yr | |
| 2010 | 1-bed | 1,079 sqft | AED 3.27MAED 3,274,900 · May 2017May 2017 | 295,000 /yr | |
| 2013 | 1-bed | 1,058 sqft | AED 4.2MAED 4,200,000 · Dec 2025December 2025 | 220,000 /yr | |
| 2014 | Studio | 524 sqft | AED 2.1MAED 2,100,000 · Mar 2025March 2025 | ||
| 2015 | Studio | 524 sqft | AED 1.55MAED 1,550,000 · Jun 2022June 2022 | 119,668 /yr | |
| 2016 | Studio | 524 sqft | AED 1.9MAED 1,900,000 · Sep 2023September 2023 | 130,000 /yr | |
| 2017 | Studio | 524 sqft | AED 1.7MAED 1,700,000 · Nov 2022November 2022 | 116,000 /yr | |
| 2018 | 1-bed | 1,064 sqft | AED 3.3MAED 3,295,700 · Nov 2016November 2016 | 307,500 /yr | |
| 2019 | 1-bed | 1,110 sqft | AED 4.75MAED 4,750,000 · Sep 2024September 2024 | 265,000 /yr |
2002, The Palm Tower in numbers
- Sold twice: first on 29 September 2016 for AED 1,553,900, last on 21 November 2021 for AED 1,350,000 (AED 2,662 per sqft).
- Rented since May 2022 on 3 Ejari contracts, from AED 85,000 to AED 114,000 a year.
- At AED 114,000 a year the gross yield on the 2021 price is 8.4%.
- 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 1 October 2025.
Questions about 2002, The Palm Tower
What did unit 2002 last sell for?
AED 1,350,000 on 21 November 2021: AED 2,662 per sqft for 507 sqft. The unit has 2 registered sales; the first was AED 1,553,900 in September 2016.
What is the rent for unit 2002?
AED 114,000 a year on the contract renewed on 1 October 2025. The previous contract, from October 2024, was AED 108,000; the unit has been rented since May 2022.
How big is unit 2002?
507 sqft (47.1 sqm): a studio on the 20th floor of a 47-storey tower completed in 2021.
What is unit 2002 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 2002, The Palm Tower
Starts from the last sale price (AED 1.35M, 21 November 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,350,000
- Deposit, UAE resident (20%)
- AED 270,000
- Deposit, non-resident (40%)
- AED 540,000
- Monthly over 25 years at 3.7%
- AED 5,523
Plus AED 61,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →