1,064 sqftThe Palm Tower, Palm Jumeirah · 22nd floor · completed 2021

2218, The Palm Tower

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

Unit 2218 · DLD and Ejari recordsUpdated 31 March 2023
Last soldAED 4.25M31 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2218, The Palm Tower

What is 2218 worth today?

Last sold for AED 4,250,000 in 2023

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31 Mar 2023SoldReady
AED 4,250,000AED 3,993 per sqft
10 Aug 2015Sold by developerOff-plan
AED 3,390,800AED 3,186 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 31 March 2023.

Key facts

Type
Apartment
Size
1,064 sqft
Floor
22nd of 47
Parking
B3-61
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 4.25M · March 2023

About 2218, The Palm Tower

2218 is an apartment of 1,064 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 31 March 2023 for AED 4,250,000, or AED 3,993 per sqft.

No rental contract for the unit is registered on Ejari.

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
2202StudioAED 2.05M · Jul 2023
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
1–7 of 18

2218, The Palm Tower in numbers

  • Sold twice: first on 10 August 2015 for AED 3,390,800, last on 31 March 2023 for AED 4,250,000 (AED 3,993 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 31 March 2023.

Questions about 2218, The Palm Tower

What did unit 2218 last sell for?

AED 4,250,000 on 31 March 2023: AED 3,993 per sqft for 1,064 sqft. The unit has 2 registered sales; the first was AED 3,390,800 in August 2015.

How big is unit 2218?

1,064 sqft (98.8 sqm): an apartment on the 22nd floor of a 47-storey tower completed in 2021.

What is unit 2218 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 2218, The Palm Tower

Starts from the last sale price (AED 4.25M, 31 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,250,000
Deposit, UAE resident (20%)
AED 850,000
Deposit, non-resident (40%)
AED 1,700,000
Monthly over 25 years at 3.7%
AED 17,388

Plus AED 183,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →