1-bed · 1,056 sqftThe Palm Tower, Palm Jumeirah · 37th floor · completed 2021

3713, The Palm Tower

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

Unit 3713 · DLD and Ejari recordsUpdated 15 September 2024
Last soldAED 3.07M19 April 2022
Current rentAED 200K /yr15 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3713, The Palm Tower

What is 3713 worth today?

Last sold for AED 3,068,000 in 2022

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15 Sep 2024RentedRenewal
AED 200,000/yr12 months · AED 190 per sqft
15 Sep 2023RentedRenewal
AED 200,000/yr12 months · AED 190 per sqft
15 Sep 2022RentedNew contract
AED 180,000/yr12 months · AED 171 per sqft
19 Apr 2022Sold by developerReady
AED 3,068,000AED 2,906 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 September 2024.

Key facts

Type
1-bed apartment
Size
1,056 sqft
Floor
37th of 47
Parking
B2-03
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 3.07M · April 2022

About 3713, The Palm Tower

3713 is a one-bedroom apartment of 1,056 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 19 April 2022 for AED 3,068,000, or AED 2,906 per sqft, in line with the AED 2,989 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 15 September 2024, is AED 200,000 a year: a gross yield of 6.5% on the 2022 price.

Sales and rents for 3713 over time

Sales
Unit 3713, each saleTypical one-bed in The Palm Tower
3M4M5M20152018202120242027Typical 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, April 2022: AED 3,068,000 (AED 2,906 per sqft)

3713 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3713, each contractTypical one-bed in The Palm Tower
200K250K202220242026Typical rent by year: 2022 AED 197,500; 2023 AED 229,167; 2024 AED 245,000; 2025 AED 260,000; 2026 AED 260,364New contract, September 2022: AED 180,000 a yearRenewal, September 2023: AED 200,000 a yearRenewal, September 2024: AED 200,000 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 3713 sits

All 216 1-beds →

3713 last sold in April 2022 at AED 2,906 per sqft, in line with what one-beds in The Palm Tower were fetching at the time (AED 2,989). 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. 3713's AED 200,000 is at the bottom 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
37091-bedAED 5.5M · Nov 2024
1–7 of 13

3713, The Palm Tower in numbers

  • Sold once: by The Palm - Jumeirah Co on 19 April 2022 for AED 3,068,000, or AED 2,906 per sqft.
  • Rented since September 2022 on 3 Ejari contracts, from AED 180,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2022 price is 6.5%.
  • 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 15 September 2024.

Questions about 3713, The Palm Tower

What did unit 3713 last sell for?

AED 3,068,000 on 19 April 2022, sold by the developer: AED 2,906 per sqft for 1,056 sqft. It is the only registered sale of the unit.

What is the rent for unit 3713?

AED 200,000 a year on the contract renewed on 15 September 2024. The previous contract, from September 2023, was AED 200,000; the unit has been rented since September 2022.

How big is unit 3713?

1,056 sqft (98.1 sqm): a one-bedroom apartment on the 37th floor of a 47-storey tower completed in 2021.

What is unit 3713 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 3713, The Palm Tower

Starts from the last sale price (AED 3.07M, 19 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,068,000
Deposit, UAE resident (20%)
AED 613,600
Deposit, non-resident (40%)
AED 1,227,200
Monthly over 25 years at 3.7%
AED 12,552

Plus AED 133,866 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →