1-bed · 1,115 sqftThe Palm Tower, Palm Jumeirah · 37th floor · completed 2021

3709, The Palm Tower

Sold prices and rental history: sold twice, last in November 2024, and rented once, from November 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3709 · DLD and Ejari recordsUpdated 25 November 2024
Last soldAED 5.5M5 November 2024
Current rentAED 290K /yr25 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3709, The Palm Tower

What is 3709 worth today?

Last sold for AED 5,500,000 in 2024

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25 Nov 2024RentedNew contract
AED 290,000/yr12 months · AED 259 per sqft
5 Nov 2024SoldReady
AED 5,500,000AED 4,931 per sqft
24 Nov 2021Sold by developerOff-plan
AED 3,256,600AED 2,919 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 November 2024.

Key facts

Type
1-bed apartment
Size
1,115 sqft
Floor
37th of 47
Parking
B2-41
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 5.5M · November 2024

About 3709, The Palm Tower

3709 is a one-bedroom apartment of 1,115 sqft on the 37th floor of The Palm Tower, a 47-storey tower in Palm Jumeirah completed in 2021 by The Palm - Jumeirah Co. It last sold on 5 November 2024 for AED 5,500,000, or AED 4,931 per sqft, 27% above the AED 3,874 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 November 2024. The current contract, signed on 25 November 2024, is AED 290,000 a year: a gross yield of 5.3% on the 2024 price.

Sales and rents for 3709 over time

Sales
Unit 3709, each saleTypical one-bed in The Palm Tower
4M20152018202120242027Typical sale price by year: 2015 AED 3,523,850; 2016 AED 3,913,900; 2017 AED 3,345,800; 2018 AED 3,185,290; 2019 AED 3,372,904; 2021 AED 3,218,600; 2022 AED 3,578,000; 2023 AED 4,000,000; 2024 AED 4,100,000; 2025 AED 4,600,000; 2026 AED 5,110,000Sold by developer, November 2021: AED 3,256,600 (AED 2,919 per sqft)Sold, November 2024: AED 5,500,000 (AED 4,931 per sqft)

3709 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3709, each contractTypical one-bed in The Palm Tower
200K250K300K202220242026Typical rent by year: 2022 AED 197,500; 2023 AED 229,167; 2024 AED 245,000; 2025 AED 260,000; 2026 AED 260,364New contract, November 2024: AED 290,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in The Palm Tower, and where 3709 sits

All 216 1-beds →

3709 last sold in November 2024 at AED 4,931 per sqft, 27% above what one-beds in The Palm Tower were fetching at the time (AED 3,874). Over the last 12 months one-beds sold for AED 3,700,000 to 6,000,000, around AED 4,581 per sqft, and rent for AED 230,000 to 300,000 a year. 3709's AED 290,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Feb 20265,110,000
3 Feb 20265,650,000
30 Jan 20264,550,000
29 Jan 20266,000,000
7 1-bed 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
3708StudioAED 1.7M · Nov 2021
37101-bedAED 4.45M · Apr 2023
1–7 of 13

3709, The Palm Tower in numbers

  • Sold twice: first on 24 November 2021 for AED 3,256,600, last on 5 November 2024 for AED 5,500,000 (AED 4,931 per sqft).
  • Rented since November 2024 on one Ejari contract, at AED 290,000 a year.
  • At AED 290,000 a year the gross yield on the 2024 price is 5.3%.
  • One-beds in The Palm Tower sold for AED 3,700,000–6,000,000 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 25 November 2024.

Questions about 3709, The Palm Tower

What did unit 3709 last sell for?

AED 5,500,000 on 5 November 2024: AED 4,931 per sqft for 1,115 sqft. The unit has 2 registered sales; the first was AED 3,256,600 in November 2021.

What is the rent for unit 3709?

AED 290,000 a year on the contract signed on 25 November 2024.

How big is unit 3709?

1,115 sqft (103.6 sqm): a one-bedroom apartment on the 37th floor of a 47-storey tower completed in 2021.

What is unit 3709 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Palm Tower sold for AED 3,700,000 to 6,000,000 in the last 12 months, around AED 4,581 per sqft.

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Mortgage on 3709, The Palm Tower

Starts from the last sale price (AED 5.5M, 5 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,500,000
Deposit, UAE resident (20%)
AED 1,100,000
Deposit, non-resident (40%)
AED 2,200,000
Monthly over 25 years at 3.7%
AED 22,502

Plus AED 236,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →