3016, The Palm Tower
Sold prices and rental history: sold 3 times, last in March 2023, 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 3016, The Palm Tower
What is 3016 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 9 March 2023.
Key facts
- Type
- Studio apartment
- Size
- 524 sqft
- Floor
- 30th of 47
- Parking
- B3-295
- Developer
- The Palm - Jumeirah Co
- Completed
- 2021
- Last sold
- AED 1.93M · March 2023
- Building
- The Palm Tower
About 3016, The Palm Tower
3016 is a studio of 524 sqft on the 30th floor of The Palm Tower, a 47-storey tower in Palm Jumeirah completed in 2021 by The Palm - Jumeirah Co. It last sold on 9 March 2023 for AED 1,930,000, or AED 3,686 per sqft, 10% above the AED 3,342 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 3016 over time
3016 has sold 3 times; 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 3016 sits
All 191 studios →3016 last sold in March 2023 at AED 3,686 per sqft, 10% above what studios in The Palm Tower were fetching at the time (AED 3,342). 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 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 | |
| 3002 | Studio | 523 sqft | AED 1.75MAED 1,754,600 · Aug 2015August 2015 | 120,000 /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 | ||
| 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 |
3016, The Palm Tower in numbers
- Sold 3 times: first on 27 October 2015 for AED 1,747,000, last on 9 March 2023 for AED 1,930,000 (AED 3,686 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 9 March 2023.
Questions about 3016, The Palm Tower
What did unit 3016 last sell for?
AED 1,930,000 on 9 March 2023: AED 3,686 per sqft for 524 sqft. The unit has 3 registered sales; the first was AED 1,747,000 in October 2015.
How big is unit 3016?
524 sqft (48.7 sqm): a studio on the 30th floor of a 47-storey tower completed in 2021.
What is unit 3016 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 3016, The Palm Tower
Starts from the last sale price (AED 1.93M, 9 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,930,000
- Deposit, UAE resident (20%)
- AED 386,000
- Deposit, non-resident (40%)
- AED 772,000
- Monthly over 25 years at 3.7%
- AED 7,896
Plus AED 86,070 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →