3202, The Palm Tower
Sold prices and rental history: sold 4 times, last in February 2023, and rented once, from May 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3202, The Palm Tower
What is 3202 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 4 May 2024.
Key facts
- Type
- Studio apartment
- Size
- 523 sqft
- Floor
- 32nd of 47
- Parking
- B3-214
- Developer
- The Palm - Jumeirah Co
- Completed
- 2021
- Last sold
- AED 1.85M · February 2023
- Building
- The Palm Tower
About 3202, The Palm Tower
3202 is a studio of 523 sqft on the 32nd 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 February 2023 for AED 1,850,000, or AED 3,534 per sqft, 6% above the AED 3,339 studios in the building were fetching at the time.
One Ejari contract is registered, from 4 May 2024. The current contract, signed on 4 May 2024, is AED 126,300 a year: a gross yield of 6.8% on the 2023 price.
Sales and rents for 3202 over time
3202 has sold 4 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 3202 sits
All 191 studios →3202 last sold in February 2023 at AED 3,534 per sqft, 6% above what studios in The Palm Tower were fetching at the time (AED 3,339). 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. 3202's AED 126,300 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 32nd floor
All 432 units in The Palm Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3201 | Studio | 501 sqft | AED 2.08MAED 2,080,000 · May 2024May 2024 | 125,000 /yr | |
| 3203 | Studio | 524 sqft | AED 2MAED 2,000,000 · May 2023May 2023 | ||
| 3204 | Studio | 524 sqft | AED 1.8MAED 1,799,200 · Sep 2015September 2015 | 150,000 /yr | |
| 3205 | 1-bed | 1,055 sqft | AED 2.88MAED 2,876,600 · Nov 2021November 2021 | ||
| 3206 | Studio | 523 sqft | AED 1.8MAED 1,799,200 · Aug 2015August 2015 | 120,000 /yr | |
| 3207 | Studio | 517 sqft | AED 1.8MAED 1,799,200 · May 2016May 2016 | 120,000 /yr | |
| 3208 | Studio | 518 sqft | AED 1.6MAED 1,600,000 · Oct 2024October 2024 | 130,000 /yr | |
| 3209 | 1-bed | 1,113 sqft | AED 3.79MAED 3,794,700 · Oct 2015October 2015 | 245,000 /yr | |
| 3210 | 1-bed | 1,113 sqft | AED 3.37MAED 3,373,260 · Dec 2021December 2021 | 285,000 /yr | |
| 3211 | 1-bed | 1,143 sqft | AED 3.9MAED 3,900,000 · Aug 2024August 2024 | ||
| 3213 | 1-bed | 1,055 sqft | AED 2.73MAED 2,734,100 · Nov 2021November 2021 | 260,000 /yr | |
| 3214 | Studio | 507 sqft | AED 1.79MAED 1,791,600 · Dec 2018December 2018 | ||
| 3215 | Studio | 524 sqft | AED 1.79MAED 1,791,600 · Aug 2015August 2015 | ||
| 3216 | 1-bed | 1,054 sqft | AED 3.7MAED 3,700,000 · Jan 2026January 2026 | 400,000 /yr | |
| 3218 | 1-bed | 1,068 sqft | AED 3.82MAED 3,818,800 · Dec 2015December 2015 | 265,000 /yr | |
| 3219 | 1-bed | 1,114 sqft | AED 5.25MAED 5,250,000 · Jan 2025January 2025 |
3202, The Palm Tower in numbers
- Sold 4 times: first on 13 November 2016 for AED 1,799,200, last on 9 February 2023 for AED 1,850,000 (AED 3,534 per sqft).
- Rented since May 2024 on one Ejari contract, at AED 126,300 a year.
- At AED 126,300 a year the gross yield on the 2023 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 4 May 2024.
Questions about 3202, The Palm Tower
What did unit 3202 last sell for?
AED 1,850,000 on 9 February 2023: AED 3,534 per sqft for 523 sqft. The unit has 4 registered sales; the first was AED 1,799,200 in November 2016.
What is the rent for unit 3202?
AED 126,300 a year on the contract signed on 4 May 2024.
How big is unit 3202?
523 sqft (48.6 sqm): a studio on the 32nd floor of a 47-storey tower completed in 2021.
What is unit 3202 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 3202, The Palm Tower
Starts from the last sale price (AED 1.85M, 9 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,850,000
- Deposit, UAE resident (20%)
- AED 370,000
- Deposit, non-resident (40%)
- AED 740,000
- Monthly over 25 years at 3.7%
- AED 7,569
Plus AED 82,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →