2302, The Palm Tower
Sold prices and rental history: sold twice, last in May 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2302, The Palm Tower
What is 2302 worth today?
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Source: Dubai Land Department. Updated 1 May 2025.
Key facts
- Type
- Studio apartment
- Size
- 524 sqft
- Floor
- 23rd of 47
- Parking
- B3-71
- Developer
- The Palm - Jumeirah Co
- Completed
- 2021
- Last sold
- AED 1.9M · May 2023
- Building
- The Palm Tower
About 2302, The Palm Tower
2302 is a studio of 524 sqft on the 23rd floor of The Palm Tower, a 47-storey tower in Palm Jumeirah completed in 2021 by The Palm - Jumeirah Co. It last sold on 2 May 2023 for AED 1,900,000, or AED 3,626 per sqft, 3% above the AED 3,518 studios in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 1 May 2025, is AED 117,000 a year: a gross yield of 6.2% on the 2023 price.
Sales and rents for 2302 over time
2302 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 2302 sits
All 191 studios →2302 last sold in May 2023 at AED 3,626 per sqft, 3% above what studios in The Palm Tower were fetching at the time (AED 3,518). 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. 2302's AED 117,000 is in the lower half 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 23rd floor
All 432 units in The Palm Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 494 sqft | AED 2.15MAED 2,150,000 · Aug 2025August 2025 | |||
| 2303 | Studio | 524 sqft | AED 1.62MAED 1,620,800 · Nov 2015November 2015 | ||
| 2304 | Studio | 507 sqft | AED 1.62MAED 1,620,800 · Dec 2016December 2016 | 130,000 /yr | |
| 2305 | 1-bed | 1,055 sqft | AED 2.72MAED 2,718,000 · Nov 2021November 2021 | 180,000 /yr | |
| 2306 | Studio | 523 sqft | AED 1.7MAED 1,700,000 · Nov 2022November 2022 | 132,120 /yr | |
| 2307 | Studio | 518 sqft | AED 2.2MAED 2,200,000 · Dec 2023December 2023 | 120,000 /yr | |
| 2308 | Studio | 518 sqft | AED 2.2MAED 2,200,000 · Dec 2023December 2023 | 120,000 /yr | |
| 2309 | 1-bed | 1,079 sqft | AED 3.42MAED 3,416,700 · Dec 2017December 2017 | 270,000 /yr | |
| 2310 | 1-bed | 1,109 sqft | AED 2.8MAED 2,798,000 · Nov 2021November 2021 | 230,000 /yr | |
| 2311 | Studio | 601 sqft | AED 2.35MAED 2,350,000 · Dec 2025December 2025 | 120,000 /yr | |
| 2312 | Studio | 520 sqft | AED 2.12MAED 2,115,000 · Dec 2022December 2022 | 136,500 /yr | |
| 2313 | 1-bed | 1,058 sqft | AED 3.98MAED 3,975,000 · Jan 2025January 2025 | 265,000 /yr | |
| 2314 | Studio | 524 sqft | AED 1.75MAED 1,750,000 · Jul 2022July 2022 | 110,250 /yr | |
| 2315 | Studio | 524 sqft | AED 2.1MAED 2,100,000 · May 2025May 2025 | 127,000 /yr | |
| 2316 | Studio | 524 sqft | AED 2.1MAED 2,100,000 · Sep 2023September 2023 | ||
| 2317 | Studio | 524 sqft | AED 1.63MAED 1,631,300 · Sep 2015September 2015 | 115,000 /yr | |
| 2318 | 1-bed | 1,064 sqft | AED 3.44MAED 3,438,400 · Oct 2015October 2015 | ||
| 2319 | 1-bed | 1,109 sqft | AED 3.43MAED 3,430,000 · Jun 2022June 2022 | 275,000 /yr |
2302, The Palm Tower in numbers
- Sold twice: first on 4 February 2016 for AED 1,620,800, last on 2 May 2023 for AED 1,900,000 (AED 3,626 per sqft).
- Rented since March 2022 on 3 Ejari contracts, from AED 100,000 to AED 117,000 a year.
- At AED 117,000 a year the gross yield on the 2023 price is 6.2%.
- 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 May 2025.
Questions about 2302, The Palm Tower
What did unit 2302 last sell for?
AED 1,900,000 on 2 May 2023: AED 3,626 per sqft for 524 sqft. The unit has 2 registered sales; the first was AED 1,620,800 in February 2016.
What is the rent for unit 2302?
AED 117,000 a year on the contract signed on 1 May 2025. The previous contract, from November 2023, was AED 117,000; the unit has been rented since March 2022.
How big is unit 2302?
524 sqft (48.7 sqm): a studio on the 23rd floor of a 47-storey tower completed in 2021.
What is unit 2302 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 2302, The Palm Tower
Starts from the last sale price (AED 1.9M, 2 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,900,000
- Deposit, UAE resident (20%)
- AED 380,000
- Deposit, non-resident (40%)
- AED 760,000
- Monthly over 25 years at 3.7%
- AED 7,773
Plus AED 84,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →