2416, The Palm Tower
Sold prices and rental history: sold twice, last in November 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2416, The Palm Tower
What is 2416 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: YallaValue analysis of Dubai Land Department records. Updated 3 November 2022.
Key facts
- Type
- Studio apartment
- Size
- 262 sqft
- Floor
- 24th of 47
- Parking
- B3-123
- Developer
- The Palm - Jumeirah Co
- Completed
- 2021
- Last sold
- AED 1.84M · November 2022
- Building
- The Palm Tower
About 2416, The Palm Tower
2416 is a studio of 262 sqft on the 24th floor of The Palm Tower, a 47-storey tower in Palm Jumeirah completed in 2021 by The Palm - Jumeirah Co. It last sold on 3 November 2022 for AED 1,835,000, or AED 3,504 per sqft, 10% above the AED 3,197 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 2416 over time
2416 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 2416 sits
All 191 studios →2416 last sold in November 2022 at AED 3,504 per sqft, 10% above what studios in The Palm Tower were fetching at the time (AED 3,197). 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 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 24th floor
All 432 units in The Palm Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | Studio | 494 sqft | AED 1.75MAED 1,750,000 · Nov 2022November 2022 | 150,000 /yr | |
| 2402 | Studio | 524 sqft | AED 1.64MAED 1,643,100 · Sep 2015September 2015 | ||
| 2403 | Studio | 524 sqft | AED 2.19MAED 2,190,000 · Mar 2025March 2025 | 155,000 /yr | |
| 2404 | Studio | 524 sqft | AED 2.25MAED 2,250,000 · Nov 2024November 2024 | ||
| 2405 | 1-bed | 1,055 sqft | AED 2.65MAED 2,648,000 · Sep 2021September 2021 | 230,000 /yr | |
| 2406 | Studio | 501 sqft | AED 2.2MAED 2,200,000 · Jan 2026January 2026 | 120,000 /yr | |
| 2407 | Studio | 518 sqft | AED 2.25MAED 2,250,000 · Jan 2026January 2026 | ||
| 2408 | Studio | 518 sqft | AED 1.4MAED 1,400,000 · Apr 2022April 2022 | ||
| 2409 | 1-bed | 1,110 sqft | AED 2.8MAED 2,800,600 · Nov 2021November 2021 | 203,968 /yr | |
| 2410 | 1-bed | 1,109 sqft | AED 3.46MAED 3,463,900 · Oct 2015October 2015 | ||
| 2411 | Studio | 587 sqft | AED 1.93MAED 1,925,200 · Nov 2016November 2016 | 135,000 /yr | |
| 2412 | Studio | 507 sqft | AED 1.64MAED 1,635,500 · Sep 2016September 2016 | ||
| 2413 | 1-bed | 1,015 sqft | AED 3.21MAED 3,209,900 · Jan 2017January 2017 | ||
| 2414 | Studio | 524 sqft | AED 1.95MAED 1,950,000 · May 2023May 2023 | ||
| 2415 | Studio | 507 sqft | AED 1.47MAED 1,474,200 · Nov 2021November 2021 | 150,000 /yr | |
| 2417 | Studio | 524 sqft | AED 1.9MAED 1,900,000 · Dec 2022December 2022 | 120,000 /yr | |
| 2418 | 1-bed | 1,064 sqft | AED 3.49MAED 3,485,900 · Oct 2015October 2015 | ||
| 2419 | 1-bed | 1,109 sqft | AED 3.49MAED 3,485,900 · Oct 2015October 2015 |
2416, The Palm Tower in numbers
- Sold twice: first on 8 September 2015 for AED 1,635,500, last on 3 November 2022 for AED 1,835,000 (AED 3,504 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 3 November 2022.
Questions about 2416, The Palm Tower
What did unit 2416 last sell for?
AED 1,835,000 on 3 November 2022: AED 3,504 per sqft for 262 sqft. The unit has 2 registered sales; the first was AED 1,635,500 in September 2015.
How big is unit 2416?
262 sqft (24.3 sqm): a studio on the 24th floor of a 47-storey tower completed in 2021.
What is unit 2416 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 2416? 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.
Mortgage on 2416, The Palm Tower
Starts from the last sale price (AED 1.84M, 3 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,835,000
- Deposit, UAE resident (20%)
- AED 367,000
- Deposit, non-resident (40%)
- AED 734,000
- Monthly over 25 years at 3.7%
- AED 7,508
Plus AED 82,080 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →