Studio · 524 sqftThe Palm Tower, Palm Jumeirah · 22nd floor · completed 2021

2202, The Palm Tower

Sold prices and rental history: sold 3 times, last in July 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2202 · DLD and Ejari recordsUpdated 10 July 2023
Last soldAED 2.05M10 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2202, The Palm Tower

What is 2202 worth today?

Last sold for AED 2,050,000 in 2023

Unlock today's estimate, updated daily, with

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

10 Jul 2023SoldReady
AED 2,050,000AED 3,912 per sqft
14 Nov 2022SoldReady
AED 1,750,000AED 3,339 per sqft
8 Sep 2015Sold by developerOff-plan
AED 1,598,500AED 3,050 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 July 2023.

Key facts

Type
Studio apartment
Size
524 sqft
Floor
22nd of 47
Parking
B3-68
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 2.05M · July 2023

About 2202, The Palm Tower

2202 is a studio of 524 sqft on the 22nd floor of The Palm Tower, a 47-storey tower in Palm Jumeirah completed in 2021 by The Palm - Jumeirah Co. It last sold on 10 July 2023 for AED 2,050,000, or AED 3,912 per sqft, 9% above the AED 3,573 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2202 over time

Sales
Unit 2202, 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, September 2015: AED 1,598,500 (AED 3,050 per sqft)Sold, November 2022: AED 1,750,000 (AED 3,339 per sqft)Sold, July 2023: AED 2,050,000 (AED 3,912 per sqft)

2202 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 2202, 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 2202 sits

All 191 studios →

2202 last sold in July 2023 at AED 3,912 per sqft, 9% above what studios in The Palm Tower were fetching at the time (AED 3,573). 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 22nd floor

All 432 units in The Palm Tower
Value
2201StudioAED 1.75M · Nov 2022
2203StudioAED 1.7M · Nov 2022
2204StudioAED 2.05M · Jul 2023
22051-bedAED 2.6M · Dec 2021
2206StudioAED 1.4M · Dec 2021
2207StudioAED 1.7M · Nov 2022
2208StudioAED 1.58M · Sep 2015
1–7 of 18

2202, The Palm Tower in numbers

  • Sold 3 times: first on 8 September 2015 for AED 1,598,500, last on 10 July 2023 for AED 2,050,000 (AED 3,912 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: YallaValue analysis of Dubai Land Department records. Updated 10 July 2023.

Questions about 2202, The Palm Tower

What did unit 2202 last sell for?

AED 2,050,000 on 10 July 2023: AED 3,912 per sqft for 524 sqft. The unit has 3 registered sales; the first was AED 1,598,500 in September 2015.

How big is unit 2202?

524 sqft (48.7 sqm): a studio on the 22nd floor of a 47-storey tower completed in 2021.

What is unit 2202 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 2202? 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 2202, The Palm Tower

Starts from the last sale price (AED 2.05M, 10 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,000
Deposit, UAE resident (20%)
AED 410,000
Deposit, non-resident (40%)
AED 820,000
Monthly over 25 years at 3.7%
AED 8,387

Plus AED 91,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →