Studio · 524 sqftThe Palm Tower, Palm Jumeirah · 20th floor · completed 2021

2004, The Palm Tower

Sold prices and rental history: sold 3 times, last in December 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2004 · DLD and Ejari recordsUpdated 19 December 2024
Last soldAED 1.93M19 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2004, The Palm Tower

What is 2004 worth today?

Last sold for AED 1,930,000 in 2024

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19 Dec 2024SoldReady
AED 1,930,000AED 3,683 per sqft
10 Aug 2020SoldOff-plan
AED 700,000AED 1,380 per sqft
26 Apr 2016Sold by developerOff-plan
AED 1,553,900AED 3,064 per sqft

Source: Dubai Land Department. Updated 19 December 2024.

Key facts

Type
Studio apartment
Size
524 sqft
Floor
20th of 47
Parking
B3-39
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 1.93M · December 2024

About 2004, The Palm Tower

2004 is a studio of 524 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 19 December 2024 for AED 1,930,000, or AED 3,683 per sqft, 10% below the AED 4,109 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2004 over time

Sales
Unit 2004, each saleTypical studio in The Palm Tower
1M2M20152018202120242027Typical 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, April 2016: AED 1,553,900 (AED 3,064 per sqft)Sold, August 2020: AED 700,000 (AED 1,380 per sqft)Sold, December 2024: AED 1,930,000 (AED 3,683 per sqft)

2004 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 2004, 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 2004 sits

All 191 studios →

2004 last sold in December 2024 at AED 3,683 per sqft, 10% below what studios in The Palm Tower were fetching at the time (AED 4,109). 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
2001StudioAED 1.88M · Aug 2022
2002StudioAED 1.35M · Nov 2021
2003StudioAED 1.86M · Aug 2022
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

2004, The Palm Tower in numbers

  • Sold 3 times: first on 26 April 2016 for AED 1,553,900, last on 19 December 2024 for AED 1,930,000 (AED 3,683 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 19 December 2024.

Questions about 2004, The Palm Tower

What did unit 2004 last sell for?

AED 1,930,000 on 19 December 2024: AED 3,683 per sqft for 524 sqft. The unit has 3 registered sales; the first was AED 1,553,900 in April 2016.

How big is unit 2004?

524 sqft (48.7 sqm): a studio on the 20th floor of a 47-storey tower completed in 2021.

What is unit 2004 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 2004, The Palm Tower

Starts from the last sale price (AED 1.93M, 19 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,930,000
Deposit, UAE resident (20%)
AED 386,000
Deposit, non-resident (40%)
AED 772,000
Monthly over 25 years at 3.7%
AED 7,896

Plus AED 86,070 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →