Studio · 507 sqftThe Palm Tower, Palm Jumeirah · 25th floor · completed 2021

2515, The Palm Tower

Sold prices and rental history: sold once, by the developer in November 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2515 · DLD and Ejari recordsUpdated 13 November 2016
Last soldAED 1.66M13 November 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2515, The Palm Tower

What is 2515 worth today?

Last sold for AED 1,657,800 in 2016

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13 Nov 2016Sold by developerOff-plan
AED 1,657,800AED 3,269 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 13 November 2016.

Key facts

Type
Studio apartment
Size
507 sqft
Floor
25th of 47
Parking
B3-96
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 1.66M · November 2016

About 2515, The Palm Tower

2515 is a studio of 507 sqft on the 25th 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 November 2016 for AED 1,657,800, or AED 3,269 per sqft, in line with the AED 3,279 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2515 over time

Sales
Unit 2515, 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, November 2016: AED 1,657,800 (AED 3,269 per sqft)

2515 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2515, 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 2515 sits

All 191 studios →

2515 last sold in November 2016 at AED 3,269 per sqft, in line with what studios in The Palm Tower were fetching at the time (AED 3,279). 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 25th floor

All 432 units in The Palm Tower
Value
2501StudioAED 1.68M · Jul 2015
2502StudioAED 1.67M · Jul 2015
2503StudioAED 1.67M · Jul 2015
2504StudioAED 1.67M · Jul 2015
25051-bedAED 3.29M · Jul 2015
2506StudioAED 1.67M · Jul 2015
2507StudioAED 1.67M · Jul 2015
1–7 of 16

2515, The Palm Tower in numbers

  • Sold once: by The Palm - Jumeirah Co on 13 November 2016 for AED 1,657,800, or AED 3,269 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 13 November 2016.

Questions about 2515, The Palm Tower

What did unit 2515 last sell for?

AED 1,657,800 on 13 November 2016, sold by the developer: AED 3,269 per sqft for 507 sqft. It is the only registered sale of the unit.

How big is unit 2515?

507 sqft (47.1 sqm): a studio on the 25th floor of a 47-storey tower completed in 2021.

What is unit 2515 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 2515, The Palm Tower

Starts from the last sale price (AED 1.66M, 13 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,657,800
Deposit, UAE resident (20%)
AED 331,560
Deposit, non-resident (40%)
AED 663,120
Monthly over 25 years at 3.7%
AED 6,783

Plus AED 74,638 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →