Studio · 518 sqftThe Palm Tower, Palm Jumeirah · 37th floor · completed 2021

3708, The Palm Tower

Sold prices and rental history: sold once, by the developer in November 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3708 · DLD and Ejari recordsUpdated 18 November 2021
Last soldAED 1.7M18 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3708, The Palm Tower

What is 3708 worth today?

Last sold for AED 1,699,200 in 2021

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18 Nov 2021Sold by developerOff-plan
AED 1,699,200AED 3,279 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 November 2021.

Key facts

Type
Studio apartment
Size
518 sqft
Floor
37th of 47
Parking
B2-44
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 1.7M · November 2021

About 3708, The Palm Tower

3708 is a studio of 518 sqft on the 37th 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 18 November 2021 for AED 1,699,200, or AED 3,279 per sqft, 4% below the AED 3,426 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3708 over time

Sales
Unit 3708, 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 2021: AED 1,699,200 (AED 3,279 per sqft)

3708 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 3708, 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 135,750

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 3708 sits

All 191 studios →

3708 last sold in November 2021 at AED 3,279 per sqft, 4% below what studios in The Palm Tower were fetching at the time (AED 3,426). 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.

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 37th floor

All 432 units in The Palm Tower
Value
37011-bedAED 4.1M · Jun 2025
37021-bedAED 3.58M · Apr 2023
37051-bedAED 3.06M · Sep 2021
3706StudioAED 1.68M · Mar 2021
3707StudioAED 1.91M · Sep 2015
37091-bedAED 5.5M · Nov 2024
37101-bedAED 4.45M · Apr 2023
1–7 of 13

3708, The Palm Tower in numbers

  • Sold once: by The Palm - Jumeirah Co on 18 November 2021 for AED 1,699,200, or AED 3,279 per sqft.
  • 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 18 November 2021.

Questions about 3708, The Palm Tower

What did unit 3708 last sell for?

AED 1,699,200 on 18 November 2021, sold by the developer: AED 3,279 per sqft for 518 sqft. It is the only registered sale of the unit.

How big is unit 3708?

518 sqft (48.1 sqm): a studio on the 37th floor of a 47-storey tower completed in 2021.

What is unit 3708 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 3708, The Palm Tower

Starts from the last sale price (AED 1.7M, 18 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,699,200
Deposit, UAE resident (20%)
AED 339,840
Deposit, non-resident (40%)
AED 679,680
Monthly over 25 years at 3.7%
AED 6,952

Plus AED 76,376 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →