2904, The Palm Tower
Sold prices and rental history: sold once, by the developer in December 2016, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2904, The Palm Tower
What is 2904 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 September 2024.
Key facts
- Type
- Studio apartment
- Size
- 507 sqft
- Floor
- 29th of 47
- Parking
- B3-189
- Developer
- The Palm - Jumeirah Co
- Completed
- 2021
- Last sold
- AED 1.73M · December 2016
- Building
- The Palm Tower
About 2904, The Palm Tower
2904 is a studio of 507 sqft on the 29th 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 22 December 2016 for AED 1,732,300, or AED 3,416 per sqft, 4% above the AED 3,279 studios in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 15 September 2024, is AED 90,000 a year: a gross yield of 5.2% on the 2016 price.
Sales and rents for 2904 over time
2904 has sold once; 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 2904 sits
All 191 studios →2904 last sold in December 2016 at AED 3,416 per sqft, 4% above 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. 2904's AED 90,000 is at the bottom 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 | |||||
|---|---|---|---|---|---|
| 2901 | Studio | 500 sqft | AED 1.9MAED 1,900,000 · Jul 2023July 2023 | 120,000 /yr | |
| 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 | |
| 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 |
2904, The Palm Tower in numbers
- Sold once: by The Palm - Jumeirah Co on 22 December 2016 for AED 1,732,300, or AED 3,416 per sqft.
- Rented since September 2022 on 3 Ejari contracts, from AED 85,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2016 price is 5.2%.
- 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: YallaValue analysis of Dubai Land Department records. Updated 15 September 2024.
Questions about 2904, The Palm Tower
What did unit 2904 last sell for?
AED 1,732,300 on 22 December 2016, sold by the developer: AED 3,416 per sqft for 507 sqft. It is the only registered sale of the unit.
What is the rent for unit 2904?
AED 90,000 a year on the contract signed on 15 September 2024. The previous contract, from September 2023, was AED 85,000; the unit has been rented since September 2022.
How big is unit 2904?
507 sqft (47.1 sqm): a studio on the 29th floor of a 47-storey tower completed in 2021.
What is unit 2904 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 2904, The Palm Tower
Starts from the last sale price (AED 1.73M, 22 December 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,732,300
- Deposit, UAE resident (20%)
- AED 346,460
- Deposit, non-resident (40%)
- AED 692,920
- Monthly over 25 years at 3.7%
- AED 7,087
Plus AED 77,767 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →