Studio · 601 sqftThe Palm Tower, Palm Jumeirah · 21st floor · completed 2021

2111, The Palm Tower

Sold prices and rental history: sold once, by the developer in October 2015, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2111 · DLD and Ejari recordsUpdated 13 October 2024
Last soldAED 1.85M13 October 2015
Current rentAED 130K /yr13 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2111, The Palm Tower

What is 2111 worth today?

Last sold for AED 1,846,500 in 2015

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13 Oct 2024RentedNew contract
AED 130,000/yr12 months · AED 216 per sqft
13 Oct 2015Sold by developerOff-plan
AED 1,846,500AED 3,070 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 13 October 2024.

Key facts

Type
Studio apartment
Size
601 sqft
Floor
21st of 47
Parking
B3-94
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 1.85M · October 2015

About 2111, The Palm Tower

2111 is a studio of 601 sqft on the 21st floor of The Palm Tower, a 47-storey tower in Palm Jumeirah completed in 2021 by The Palm - Jumeirah Co. The developer sold it on 13 October 2015 for AED 1,846,500, or AED 3,070 per sqft, 5% below the AED 3,224 studios in the building were fetching at the time.

One Ejari contract is registered, from 13 October 2024. The current contract, signed on 13 October 2024, is AED 130,000 a year: a gross yield of 7.0% on the 2015 price.

Sales and rents for 2111 over time

Sales
Unit 2111, 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, October 2015: AED 1,846,500 (AED 3,070 per sqft)

2111 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2111, 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, October 2024: AED 130,000 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 2111 sits

All 191 studios →

2111 last sold in October 2015 at AED 3,070 per sqft, 5% below what studios in The Palm Tower were fetching at the time (AED 3,224). 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. 2111's AED 130,000 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 21st floor

All 432 units in The Palm Tower
Value
2101StudioAED 1.91M · Aug 2022
2102StudioAED 2.3M · Oct 2024
2103StudioAED 1.45M · Apr 2022
2104StudioAED 2.1M · Feb 2025
21051-bedAED 3.11M · Jun 2015
2106StudioAED 1.58M · Jun 2015
2107StudioAED 1.89M · Aug 2022
1–7 of 18

2111, The Palm Tower in numbers

  • Sold once: by The Palm - Jumeirah Co on 13 October 2015 for AED 1,846,500, or AED 3,070 per sqft.
  • Rented since October 2024 on one Ejari contract, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2015 price is 7.0%.
  • 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 13 October 2024.

Questions about 2111, The Palm Tower

What did unit 2111 last sell for?

AED 1,846,500 on 13 October 2015, sold by the developer: AED 3,070 per sqft for 601 sqft. It is the only registered sale of the unit.

What is the rent for unit 2111?

AED 130,000 a year on the contract signed on 13 October 2024.

How big is unit 2111?

601 sqft (55.8 sqm): a studio on the 21st floor of a 47-storey tower completed in 2021.

What is unit 2111 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 2111, The Palm Tower

Starts from the last sale price (AED 1.85M, 13 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,846,500
Deposit, UAE resident (20%)
AED 369,300
Deposit, non-resident (40%)
AED 738,600
Monthly over 25 years at 3.7%
AED 7,555

Plus AED 82,563 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →