3206, 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 3206, The Palm Tower
What is 3206 worth today?
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Source: Dubai Land Department. Updated 31 May 2025.
Key facts
- Type
- Studio apartment
- Size
- 523 sqft
- Floor
- 32nd of 47
- Parking
- B3-224
- Developer
- The Palm - Jumeirah Co
- Completed
- 2021
- Last sold
- AED 1.8M · August 2015
- Building
- The Palm Tower
About 3206, The Palm Tower
3206 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. The developer sold it on 25 August 2015 for AED 1,799,200, or AED 3,437 per sqft, 6% above the AED 3,230 studios in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 31 May 2025, is AED 120,000 a year: a gross yield of 6.7% on the 2015 price.
Sales and rents for 3206 over time
3206 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 3206 sits
All 191 studios →3206 last sold in August 2015 at AED 3,437 per sqft, 6% above what studios in The Palm Tower were fetching at the time (AED 3,230). 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. 3206'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 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 | |
| 3202 | Studio | 523 sqft | AED 1.85MAED 1,850,000 · Feb 2023February 2023 | 126,300 /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 | ||
| 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 |
3206, The Palm Tower in numbers
- Sold once: by The Palm - Jumeirah Co on 25 August 2015 for AED 1,799,200, or AED 3,437 per sqft.
- Rented since June 2022 on 4 Ejari contracts, from AED 95,256 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2015 price is 6.7%.
- 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: Dubai Land Department. Updated 31 May 2025.
Questions about 3206, The Palm Tower
What did unit 3206 last sell for?
AED 1,799,200 on 25 August 2015, sold by the developer: AED 3,437 per sqft for 523 sqft. It is the only registered sale of the unit.
What is the rent for unit 3206?
AED 120,000 a year on the contract renewed on 31 May 2025. The previous contract, from May 2024, was AED 120,000; the unit has been rented since June 2022.
How big is unit 3206?
523 sqft (48.6 sqm): a studio on the 32nd floor of a 47-storey tower completed in 2021.
What is unit 3206 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 3206, The Palm Tower
Starts from the last sale price (AED 1.8M, 25 August 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,799,200
- Deposit, UAE resident (20%)
- AED 359,840
- Deposit, non-resident (40%)
- AED 719,680
- Monthly over 25 years at 3.7%
- AED 7,361
Plus AED 80,576 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →