Studio · 520 sqftThe Palm Tower, Palm Jumeirah · 31st floor · completed 2021

3112, The Palm Tower

Sold prices and rental history: sold once, by the developer in July 2015, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3112 · DLD and Ejari recordsUpdated 10 March 2025
Last soldAED 1.77M29 July 2015
Current rentAED 110K /yr10 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3112, The Palm Tower

What is 3112 worth today?

Last sold for AED 1,769,300 in 2015

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10 Mar 2025RentedRenewal
AED 110,000/yr12 months · AED 211 per sqft
10 Mar 2024RentedRenewal
AED 110,000/yr12 months · AED 211 per sqft
10 Mar 2023RentedNew contract
AED 110,000/yr12 months · AED 211 per sqft
29 Jul 2015Sold by developerOff-plan
AED 1,769,300AED 3,401 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 March 2025.

Key facts

Type
Studio apartment
Size
520 sqft
Floor
31st of 47
Parking
B3-292
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 1.77M · July 2015

About 3112, The Palm Tower

3112 is a studio of 520 sqft on the 31st 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 29 July 2015 for AED 1,769,300, or AED 3,401 per sqft, in line with the AED 3,304 studios in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 10 March 2025, is AED 110,000 a year: a gross yield of 6.2% on the 2015 price.

Sales and rents for 3112 over time

Sales
Unit 3112, 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, July 2015: AED 1,769,300 (AED 3,401 per sqft)

3112 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 3112, 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 135,750New contract, March 2023: AED 110,000 a yearRenewal, March 2024: AED 110,000 a yearRenewal, March 2025: AED 110,000 a year

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 3112 sits

All 191 studios →

3112 last sold in July 2015 at AED 3,401 per sqft, in line with what studios in The Palm Tower were fetching at the time (AED 3,304). 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. 3112's AED 110,000 is at the bottom of that range.

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 31st floor

All 432 units in The Palm Tower
Value
3101StudioAED 1.8M · Jul 2015
3102StudioAED 1.78M · Jul 2015
3103StudioAED 1.78M · Jul 2015
3104StudioAED 1.78M · Jul 2015
31051-bedAED 3.51M · Jul 2015
3106StudioAED 1.78M · Jul 2015
3107StudioAED 1.78M · Jul 2015
1–7 of 18

3112, The Palm Tower in numbers

  • Sold once: by The Palm - Jumeirah Co on 29 July 2015 for AED 1,769,300, or AED 3,401 per sqft.
  • Rented since March 2023 on 3 Ejari contracts, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2015 price is 6.2%.
  • 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 10 March 2025.

Questions about 3112, The Palm Tower

What did unit 3112 last sell for?

AED 1,769,300 on 29 July 2015, sold by the developer: AED 3,401 per sqft for 520 sqft. It is the only registered sale of the unit.

What is the rent for unit 3112?

AED 110,000 a year on the contract renewed on 10 March 2025. The previous contract, from March 2024, was AED 110,000; the unit has been rented since March 2023.

How big is unit 3112?

520 sqft (48.3 sqm): a studio on the 31st floor of a 47-storey tower completed in 2021.

What is unit 3112 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 3112, The Palm Tower

Starts from the last sale price (AED 1.77M, 29 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,769,300
Deposit, UAE resident (20%)
AED 353,860
Deposit, non-resident (40%)
AED 707,720
Monthly over 25 years at 3.7%
AED 7,239

Plus AED 79,321 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →