3002, The Palm Tower
Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3002, The Palm Tower
What is 3002 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 14 June 2025.
Key facts
- Type
- Studio apartment
- Size
- 523 sqft
- Floor
- 30th of 47
- Parking
- B3-207
- Developer
- The Palm - Jumeirah Co
- Completed
- 2021
- Last sold
- AED 1.75M · August 2015
- Building
- The Palm Tower
About 3002, The Palm Tower
3002 is a studio of 523 sqft on the 30th 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 3 August 2015 for AED 1,754,600, or AED 3,351 per sqft, in line with the AED 3,271 studios in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 14 June 2025, is AED 120,000 a year: a gross yield of 6.8% on the 2015 price.
Sales and rents for 3002 over time
3002 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 3002 sits
All 191 studios →3002 last sold in August 2015 at AED 3,351 per sqft, in line with what studios in The Palm Tower were fetching at the time (AED 3,271). 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. 3002'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 30th floor
All 432 units in The Palm Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3001 | Studio | 502 sqft | AED 1.46MAED 1,463,798 · Apr 2018April 2018 | 100,000 /yr | |
| 3003 | Studio | 524 sqft | AED 1.75MAED 1,754,600 · Jul 2015July 2015 | 145,000 /yr | |
| 3004 | Studio | 524 sqft | AED 1.75MAED 1,754,600 · Jul 2015July 2015 | 140,000 /yr | |
| 3005 | 1-bed | 1,055 sqft | AED 2.7MAED 2,696,100 · Nov 2021November 2021 | ||
| 3006 | Studio | 524 sqft | AED 1.75MAED 1,754,600 · Jul 2015July 2015 | 140,000 /yr | |
| 3007 | Studio | 517 sqft | AED 1.75MAED 1,754,600 · Jul 2015July 2015 | 150,000 /yr | |
| 3008 | Studio | 518 sqft | AED 1.73MAED 1,734,900 · Aug 2015August 2015 | 145,000 /yr | |
| 3009 | 1-bed | 1,113 sqft | AED 3.15MAED 3,145,170 · Nov 2018November 2018 | 290,000 /yr | |
| 3010 | 1-bed | 1,114 sqft | AED 3.15MAED 3,145,170 · Nov 2018November 2018 | ||
| 3011 | 1-bed | 1,144 sqft | AED 3.08MAED 3,078,000 · May 2022May 2022 | ||
| 3013 | 1-bed | 1,055 sqft | AED 4MAED 4,000,000 · May 2025May 2025 | ||
| 3014 | Studio | 529 sqft | AED 1.75MAED 1,747,000 · Jul 2015July 2015 | 150,000 /yr | |
| 3015 | Studio | 524 sqft | AED 2.3MAED 2,300,000 · Jan 2026January 2026 | ||
| 3016 | Studio | 524 sqft | AED 1.93MAED 1,930,000 · Mar 2023March 2023 | ||
| 3017 | Studio | 507 sqft | AED 1.8MAED 1,800,000 · Dec 2021December 2021 | 140,000 /yr | |
| 3018 | 1-bed | 1,075 sqft | AED 3.72MAED 3,723,700 · Jan 2016January 2016 | 284,154 /yr | |
| 3019 | 1-bed | 1,115 sqft | AED 4.4MAED 4,400,000 · Feb 2023February 2023 | 275,000 /yr |
3002, The Palm Tower in numbers
- Sold once: by The Palm - Jumeirah Co on 3 August 2015 for AED 1,754,600, or AED 3,351 per sqft.
- Rented since May 2022 on 4 Ejari contracts, from AED 89,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2015 price is 6.8%.
- 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 14 June 2025.
Questions about 3002, The Palm Tower
What did unit 3002 last sell for?
AED 1,754,600 on 3 August 2015, sold by the developer: AED 3,351 per sqft for 523 sqft. It is the only registered sale of the unit.
What is the rent for unit 3002?
AED 120,000 a year on the contract signed on 14 June 2025. The previous contract, from May 2024, was AED 115,000; the unit has been rented since May 2022.
How big is unit 3002?
523 sqft (48.6 sqm): a studio on the 30th floor of a 47-storey tower completed in 2021.
What is unit 3002 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 3002, The Palm Tower
Starts from the last sale price (AED 1.75M, 3 August 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,754,600
- Deposit, UAE resident (20%)
- AED 350,920
- Deposit, non-resident (40%)
- AED 701,840
- Monthly over 25 years at 3.7%
- AED 7,179
Plus AED 78,703 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →