Studio · 524 sqftThe Palm Tower, Palm Jumeirah · 33rd floor · completed 2021

3303, The Palm Tower

Sold prices and rental history: sold once, by the developer in November 2015, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3303 · DLD and Ejari recordsUpdated 30 August 2024
Last soldAED 1.82M1 November 2015
Current rentAED 135K /yr30 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3303, The Palm Tower

What is 3303 worth today?

Last sold for AED 1,821,500 in 2015

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30 Aug 2024RentedNew contract
AED 135,000/yr12 months · AED 256 per sqft
9 Nov 2022RentedNew contract
AED 120,000/yr12 months · AED 228 per sqft
1 Nov 2015Sold by developerOff-plan
AED 1,821,500AED 3,478 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 30 August 2024.

Key facts

Type
Studio apartment
Size
524 sqft
Floor
33rd of 47
Parking
B3-233
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 1.82M · November 2015

About 3303, The Palm Tower

3303 is a studio of 524 sqft on the 33rd 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 1 November 2015 for AED 1,821,500, or AED 3,478 per sqft, 8% above the AED 3,223 studios in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 30 August 2024, is AED 135,000 a year: a gross yield of 7.4% on the 2015 price.

Sales and rents for 3303 over time

Sales
Unit 3303, 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, November 2015: AED 1,821,500 (AED 3,478 per sqft)

3303 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 3303, 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, November 2022: AED 120,000 a yearNew contract, August 2024: AED 135,000 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 3303 sits

All 191 studios →

3303 last sold in November 2015 at AED 3,478 per sqft, 8% above what studios in The Palm Tower were fetching at the time (AED 3,223). 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. 3303's AED 135,000 is in the lower half 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 33rd floor

All 432 units in The Palm Tower
Value
3301StudioAED 1.84M · Apr 2020
3302StudioAED 1.82M · Sep 2015
3304StudioAED 1.82M · Sep 2015
33051-bedAED 2.85M · Aug 2021
3306StudioAED 1.82M · Aug 2015
3307StudioAED 1.82M · Aug 2015
3308StudioAED 1.8M · Aug 2015
1–7 of 17

3303, The Palm Tower in numbers

  • Sold once: by The Palm - Jumeirah Co on 1 November 2015 for AED 1,821,500, or AED 3,478 per sqft.
  • Rented since November 2022 on 2 Ejari contracts, from AED 120,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2015 price is 7.4%.
  • 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 30 August 2024.

Questions about 3303, The Palm Tower

What did unit 3303 last sell for?

AED 1,821,500 on 1 November 2015, sold by the developer: AED 3,478 per sqft for 524 sqft. It is the only registered sale of the unit.

What is the rent for unit 3303?

AED 135,000 a year on the contract signed on 30 August 2024. The previous contract, from November 2022, was AED 120,000.

How big is unit 3303?

524 sqft (48.7 sqm): a studio on the 33rd floor of a 47-storey tower completed in 2021.

What is unit 3303 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 3303, The Palm Tower

Starts from the last sale price (AED 1.82M, 1 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,821,500
Deposit, UAE resident (20%)
AED 364,300
Deposit, non-resident (40%)
AED 728,600
Monthly over 25 years at 3.7%
AED 7,452

Plus AED 81,513 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →