2901, The Palm Tower
Sold prices and rental history: sold twice, last in July 2023, and rented once, from March 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2901, The Palm Tower
What is 2901 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 29 March 2024.
Key facts
- Type
- Studio apartment
- Size
- 500 sqft
- Floor
- 29th of 47
- Parking
- B3-192
- Developer
- The Palm - Jumeirah Co
- Completed
- 2021
- Last sold
- AED 1.9M · July 2023
- Building
- The Palm Tower
About 2901, The Palm Tower
2901 is a studio of 500 sqft on the 29th floor of The Palm Tower, a 47-storey tower in Palm Jumeirah completed in 2021 by The Palm - Jumeirah Co. It last sold on 6 July 2023 for AED 1,900,000, or AED 3,797 per sqft, 7% above the AED 3,557 studios in the building were fetching at the time.
One Ejari contract is registered, from 29 March 2024. The current contract, signed on 29 March 2024, is AED 120,000 a year: a gross yield of 6.3% on the 2023 price.
Sales and rents for 2901 over time
2901 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 2901 sits
All 191 studios →2901 last sold in July 2023 at AED 3,797 per sqft, 7% above what studios in The Palm Tower were fetching at the time (AED 3,557). 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. 2901's AED 120,000 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 29th floor
All 432 units in The Palm Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2902 | Studio | 523 sqft | AED 1.73MAED 1,732,300 · Sep 2015September 2015 | ||
| 2903 | Studio | 507 sqft | AED 1.73MAED 1,732,300 · Dec 2016December 2016 | 125,000 /yr | |
| 2904 | Studio | 507 sqft | AED 1.73MAED 1,732,300 · Dec 2016December 2016 | 90,000 /yr | |
| 2905 | 1-bed | 1,055 sqft | AED 2.67MAED 2,667,600 · Nov 2021November 2021 | 209,500 /yr | |
| 2906 | Studio | 501 sqft | AED 1.73MAED 1,732,300 · Nov 2018November 2018 | 80,000 /yr | |
| 2907 | Studio | 517 sqft | AED 2.35MAED 2,350,000 · Apr 2025April 2025 | ||
| 2908 | Studio | 518 sqft | AED 2.2MAED 2,200,000 · Oct 2024October 2024 | ||
| 2909 | 1-bed | 1,115 sqft | AED 2.99MAED 2,988,000 · May 2022May 2022 | ||
| 2910 | 1-bed | 1,114 sqft | AED 2.99MAED 2,988,000 · Nov 2021November 2021 | ||
| 2911 | 1-bed | 1,143 sqft | AED 3.29MAED 3,288,000 · Apr 2022April 2022 | 200,000 /yr | |
| 2913 | 1-bed | 1,055 sqft | AED 4MAED 4,000,000 · Nov 2023November 2023 | 210,000 /yr | |
| 2914 | 1-bed | 1,054 sqft | AED 4MAED 4,000,000 · Nov 2023November 2023 | 225,000 /yr | |
| 2915 | 1-bed | 1,054 sqft | AED 4MAED 4,000,000 · Nov 2023November 2023 | 120,000 /yr | |
| 2918 | 1-bed | 1,069 sqft | AED 3.45MAED 3,450,000 · Apr 2022April 2022 | ||
| 2919 | 1-bed | 1,114 sqft | AED 4.2MAED 4,200,000 · Sep 2022September 2022 | 270,000 /yr |
2901, The Palm Tower in numbers
- Sold twice: first on 26 May 2022 for AED 1,997,000, last on 6 July 2023 for AED 1,900,000 (AED 3,797 per sqft).
- Rented since March 2024 on one Ejari contract, at AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2023 price is 6.3%.
- 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 29 March 2024.
Questions about 2901, The Palm Tower
What did unit 2901 last sell for?
AED 1,900,000 on 6 July 2023: AED 3,797 per sqft for 500 sqft. The unit has 2 registered sales; the first was AED 1,997,000 in May 2022.
What is the rent for unit 2901?
AED 120,000 a year on the contract signed on 29 March 2024.
How big is unit 2901?
500 sqft (46.5 sqm): a studio on the 29th floor of a 47-storey tower completed in 2021.
What is unit 2901 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 2901, The Palm Tower
Starts from the last sale price (AED 1.9M, 6 July 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 →