3906, The Palm Tower
Sold prices and rental history: sold twice, last in October 2023, and rented once, from November 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3906, The Palm Tower
What is 3906 worth today?
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Source: Dubai Land Department. Updated 21 November 2023.
Key facts
- Type
- Studio apartment
- Size
- 523 sqft
- Floor
- 39th of 47
- Parking
- B2-59
- Developer
- The Palm - Jumeirah Co
- Completed
- 2021
- Last sold
- AED 2.2M · October 2023
- Building
- The Palm Tower
About 3906, The Palm Tower
3906 is a studio of 523 sqft on the 39th floor of The Palm Tower, a 47-storey tower in Palm Jumeirah completed in 2021 by The Palm - Jumeirah Co. It last sold on 17 October 2023 for AED 2,200,000, or AED 4,205 per sqft, 12% above the AED 3,741 studios in the building were fetching at the time.
One Ejari contract is registered, from 21 November 2023. The current contract, signed on 21 November 2023, is AED 135,000 a year: a gross yield of 6.1% on the 2023 price.
Sales and rents for 3906 over time
3906 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 3906 sits
All 191 studios →3906 last sold in October 2023 at AED 4,205 per sqft, 12% above what studios in The Palm Tower were fetching at the time (AED 3,741). 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. 3906's AED 135,000 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 39th floor
All 432 units in The Palm Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3901 | 1-bed | 1,036 sqft | AED 3.8MAED 3,800,000 · Sep 2023September 2023 | 235,000 /yr | |
| 3902 | 1-bed | 1,055 sqft | AED 3.59MAED 3,588,000 · Nov 2022November 2022 | ||
| 3905 | 1-bed | 1,057 sqft | AED 3.65MAED 3,650,000 · Dec 2022December 2022 | 240,000 /yr | |
| 3907 | 1-bed | 1,039 sqft | AED 3.95MAED 3,950,000 · Dec 2023December 2023 | 215,000 /yr | |
| 3909 | 1-bed | 1,115 sqft | AED 4.23MAED 4,230,659 · Apr 2022April 2022 | ||
| 3910 | 1-bed | 1,114 sqft | AED 3.98MAED 3,980,000 · Jan 2022January 2022 | ||
| 3911 | 1-bed | 1,144 sqft | AED 3.87MAED 3,868,000 · May 2022May 2022 | 245,000 /yr | |
| 3913 | 1-bed | 1,056 sqft | AED 3.27MAED 3,268,000 · Aug 2021August 2021 | ||
| 3914 | 1-bed | 1,054 sqft | AED 3.8MAED 3,800,000 · Aug 2023August 2023 | ||
| 3915 | 1-bed | 1,054 sqft | AED 4MAED 4,000,000 · Sep 2023September 2023 | 250,000 /yr | |
| 3918 | 1-bed | 1,076 sqft | AED 5.5MAED 5,500,000 · Mar 2025March 2025 | 241,943 /yr | |
| 3919 | 1-bed | 1,115 sqft | AED 5MAED 5,000,000 · Apr 2023April 2023 |
3906, The Palm Tower in numbers
- Sold twice: first on 14 May 2019 for AED 1,955,300, last on 17 October 2023 for AED 2,200,000 (AED 4,205 per sqft).
- Rented since November 2023 on one Ejari contract, at AED 135,000 a year.
- At AED 135,000 a year the gross yield on the 2023 price is 6.1%.
- 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: Dubai Land Department. Updated 21 November 2023.
Questions about 3906, The Palm Tower
What did unit 3906 last sell for?
AED 2,200,000 on 17 October 2023: AED 4,205 per sqft for 523 sqft. The unit has 2 registered sales; the first was AED 1,955,300 in May 2019.
What is the rent for unit 3906?
AED 135,000 a year on the contract signed on 21 November 2023.
How big is unit 3906?
523 sqft (48.6 sqm): a studio on the 39th floor of a 47-storey tower completed in 2021.
What is unit 3906 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 3906, The Palm Tower
Starts from the last sale price (AED 2.2M, 17 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,200,000
- Deposit, UAE resident (20%)
- AED 440,000
- Deposit, non-resident (40%)
- AED 880,000
- Monthly over 25 years at 3.7%
- AED 9,001
Plus AED 97,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →