3401, The Palm Tower
Sold prices and rental history: sold twice, last in May 2023, and rented once, from December 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3401, The Palm Tower
What is 3401 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 20 December 2024.
Key facts
- Type
- Studio apartment
- Size
- 500 sqft
- Floor
- 34th of 47
- Parking
- B2-19
- Developer
- The Palm - Jumeirah Co
- Completed
- 2021
- Last sold
- AED 2.06M · May 2023
- Building
- The Palm Tower
About 3401, The Palm Tower
3401 is a studio of 500 sqft on the 34th floor of The Palm Tower, a 47-storey tower in Palm Jumeirah completed in 2021 by The Palm - Jumeirah Co. It last sold on 25 May 2023 for AED 2,058,800, or AED 4,115 per sqft, 16% above the AED 3,548 studios in the building were fetching at the time.
One Ejari contract is registered, from 20 December 2024. The current contract, signed on 20 December 2024, is AED 145,000 a year: a gross yield of 7.0% on the 2023 price.
Sales and rents for 3401 over time
3401 has sold twice; 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 3401 sits
All 191 studios →3401 last sold in May 2023 at AED 4,115 per sqft, 16% above what studios in The Palm Tower were fetching at the time (AED 3,548). 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. 3401's AED 145,000 is in the upper 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 34th floor
All 432 units in The Palm Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3402 | Studio | 507 sqft | AED 1.6MAED 1,600,000 · Dec 2021December 2021 | ||
| 3403 | Studio | 524 sqft | AED 2.15MAED 2,150,000 · Jul 2023July 2023 | ||
| 3404 | Studio | 524 sqft | AED 2.05MAED 2,050,000 · Jul 2023July 2023 | 130,000 /yr | |
| 3405 | 1-bed | 1,055 sqft | AED 3.55MAED 3,550,000 · May 2023May 2023 | ||
| 3406 | Studio | 523 sqft | AED 1.84MAED 1,843,800 · Oct 2015October 2015 | ||
| 3407 | Studio | 501 sqft | AED 1.52MAED 1,521,135 · May 2017May 2017 | 120,000 /yr | |
| 3408 | Studio | 518 sqft | AED 1.9MAED 1,900,000 · Dec 2024December 2024 | 92,000 /yr | |
| 3409 | 1-bed | 1,115 sqft | AED 3.14MAED 3,142,600 · Nov 2021November 2021 | 330,000 /yr | |
| 3410 | 1-bed | 1,114 sqft | AED 4.4MAED 4,400,000 · Mar 2023March 2023 | ||
| 3411 | 1-bed | 1,143 sqft | AED 3.65MAED 3,648,000 · May 2022May 2022 | 275,000 /yr | |
| 3413 | 1-bed | 1,055 sqft | AED 2.81MAED 2,810,100 · Nov 2021November 2021 | ||
| 3414 | 1-bed | 1,054 sqft | AED 3.9MAED 3,900,000 · Nov 2024November 2024 | ||
| 3415 | 1-bed | 1,054 sqft | AED 4.3MAED 4,300,000 · Jun 2025June 2025 | ||
| 3418 | 1-bed | 1,069 sqft | AED 3.67MAED 3,667,100 · Aug 2021August 2021 | 300,000 /yr | |
| 3419 | 1-bed | 1,085 sqft | AED 3.35MAED 3,350,000 · Feb 2022February 2022 | 270,000 /yr |
3401, The Palm Tower in numbers
- Sold twice: first on 23 November 2021 for AED 1,868,000, last on 25 May 2023 for AED 2,058,800 (AED 4,115 per sqft).
- Rented since December 2024 on one Ejari contract, at AED 145,000 a year.
- At AED 145,000 a year the gross yield on the 2023 price is 7.0%.
- 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 20 December 2024.
Questions about 3401, The Palm Tower
What did unit 3401 last sell for?
AED 2,058,800 on 25 May 2023: AED 4,115 per sqft for 500 sqft. The unit has 2 registered sales; the first was AED 1,868,000 in November 2021.
What is the rent for unit 3401?
AED 145,000 a year on the contract signed on 20 December 2024.
How big is unit 3401?
500 sqft (46.5 sqm): a studio on the 34th floor of a 47-storey tower completed in 2021.
What is unit 3401 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 3401, The Palm Tower
Starts from the last sale price (AED 2.06M, 25 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,058,800
- Deposit, UAE resident (20%)
- AED 411,760
- Deposit, non-resident (40%)
- AED 823,520
- Monthly over 25 years at 3.7%
- AED 8,423
Plus AED 91,480 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →