3308, The Palm Tower
Sold prices and rental history: sold once, by the developer in August 2015, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3308, The Palm Tower
What is 3308 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 12 March 2024.
Key facts
- Type
- Studio apartment
- Size
- 518 sqft
- Floor
- 33rd of 47
- Parking
- B3-229
- Developer
- The Palm - Jumeirah Co
- Completed
- 2021
- Last sold
- AED 1.8M · August 2015
- Building
- The Palm Tower
About 3308, The Palm Tower
3308 is a studio of 518 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 3 August 2015 for AED 1,801,100, or AED 3,477 per sqft, 6% above the AED 3,271 studios in the building were fetching at the time.
It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 12 March 2024, is AED 117,369 a year: a gross yield of 6.5% on the 2015 price.
Sales and rents for 3308 over time
3308 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 3308 sits
All 191 studios →3308 last sold in August 2015 at AED 3,477 per sqft, 6% above what studios in The Palm Tower were fetching at the time (AED 3,271). 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. 3308's AED 117,369 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 33rd floor
All 432 units in The Palm Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3301 | Studio | 502 sqft | AED 1.84MAED 1,841,900 · Apr 2020April 2020 | ||
| 3302 | Studio | 523 sqft | AED 1.82MAED 1,821,500 · Sep 2015September 2015 | ||
| 3303 | Studio | 524 sqft | AED 1.82MAED 1,821,500 · Nov 2015November 2015 | 135,000 /yr | |
| 3304 | Studio | 524 sqft | AED 1.82MAED 1,821,500 · Sep 2015September 2015 | ||
| 3305 | 1-bed | 1,055 sqft | AED 2.85MAED 2,847,713 · Aug 2021August 2021 | 225,000 /yr | |
| 3306 | Studio | 524 sqft | AED 1.82MAED 1,821,500 · Aug 2015August 2015 | 117,000 /yr | |
| 3307 | Studio | 517 sqft | AED 1.82MAED 1,821,500 · Aug 2015August 2015 | 130,000 /yr | |
| 3309 | 1-bed | 1,085 sqft | AED 3.84MAED 3,841,900 · Sep 2018September 2018 | ||
| 3310 | 1-bed | 1,114 sqft | AED 3.93MAED 3,926,900 · Apr 2022April 2022 | 250,000 /yr | |
| 3311 | 1-bed | 1,144 sqft | AED 3.2MAED 3,198,000 · Feb 2022February 2022 | ||
| 3313 | 1-bed | 1,055 sqft | AED 3.04MAED 3,038,000 · May 2022May 2022 | ||
| 3314 | Studio | 529 sqft | AED 1.85MAED 1,850,000 · Feb 2023February 2023 | 140,000 /yr | |
| 3315 | Studio | 524 sqft | AED 2.3MAED 2,300,000 · Apr 2022April 2022 | ||
| 3316 | 524 sqft | AED 2.3MAED 2,300,000 · Oct 2025October 2025 | |||
| 3317 | Studio | 524 sqft | AED 2.09MAED 2,092,000 · Jun 2022June 2022 | ||
| 3318 | 1-bed | 1,075 sqft | AED 3.98MAED 3,980,000 · May 2022May 2022 | 280,780 /yr | |
| 3319 | 1-bed | 1,115 sqft | AED 3.87MAED 3,866,300 · Sep 2015September 2015 | 235,000 /yr |
3308, The Palm Tower in numbers
- Sold once: by The Palm - Jumeirah Co on 3 August 2015 for AED 1,801,100, or AED 3,477 per sqft.
- Rented since January 2023 on 2 Ejari contracts, from AED 120,000 to AED 117,369 a year.
- At AED 117,369 a year the gross yield on the 2015 price is 6.5%.
- 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 12 March 2024.
Questions about 3308, The Palm Tower
What did unit 3308 last sell for?
AED 1,801,100 on 3 August 2015, sold by the developer: AED 3,477 per sqft for 518 sqft. It is the only registered sale of the unit.
What is the rent for unit 3308?
AED 117,369 a year on the contract signed on 12 March 2024. The previous contract, from January 2023, was AED 120,000.
How big is unit 3308?
518 sqft (48.1 sqm): a studio on the 33rd floor of a 47-storey tower completed in 2021.
What is unit 3308 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 3308, The Palm Tower
Starts from the last sale price (AED 1.8M, 3 August 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,801,100
- Deposit, UAE resident (20%)
- AED 360,220
- Deposit, non-resident (40%)
- AED 720,440
- Monthly over 25 years at 3.7%
- AED 7,369
Plus AED 80,656 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →