Studio · 525 sqftThe Palm Tower, Palm Jumeirah · 40th floor · completed 2021

4003, The Palm Tower

Sold prices and rental history: sold once, by the developer in September 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4003 · DLD and Ejari recordsUpdated 14 October 2025
Last soldAED 2.18M28 September 2022
Current rentAED 130K /yr14 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4003, The Palm Tower

What is 4003 worth today?

Last sold for AED 2,178,000 in 2022

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14 Oct 2025RentedRenewal
AED 130,000/yr12 months · AED 246 per sqft
14 Oct 2024RentedNew contract
AED 120,000/yr12 months · AED 228 per sqft
28 Sep 2022Sold by developerReady
AED 2,178,000AED 4,152 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 October 2025.

Key facts

Type
Studio apartment
Size
525 sqft
Floor
40th of 47
Parking
B2-60
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 2.18M · September 2022

About 4003, The Palm Tower

4003 is a studio of 525 sqft on the 40th 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 28 September 2022 for AED 2,178,000, or AED 4,152 per sqft, 30% above the AED 3,193 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 14 October 2025, is AED 130,000 a year: a gross yield of 6.0% on the 2022 price.

Sales and rents for 4003 over time

Sales
Unit 4003, 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, September 2022: AED 2,178,000 (AED 4,152 per sqft)

4003 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 4003, 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 135,750New contract, October 2024: AED 120,000 a yearRenewal, October 2025: AED 130,000 a year

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 4003 sits

All 191 studios →

4003 last sold in September 2022 at AED 4,152 per sqft, 30% above what studios in The Palm Tower were fetching at the time (AED 3,193). 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. 4003's AED 130,000 is in the lower half of that range.

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 40th floor

All 432 units in The Palm Tower
Value
40011-bedAED 4.05M · Jun 2025
4004StudioAED 2.25M · Dec 2023
40051-bedAED 3.92M · Jun 2016
4006StudioAED 1.58M · Apr 2022
4007StudioAED 1.75M · Apr 2022
4008StudioAED 874K · Apr 2022
40091-bedAED 4.44M · Jun 2022
1–7 of 14

4003, The Palm Tower in numbers

  • Sold once: by The Palm - Jumeirah Co on 28 September 2022 for AED 2,178,000, or AED 4,152 per sqft.
  • Rented since October 2024 on 2 Ejari contracts, from AED 120,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2022 price is 6.0%.
  • 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 14 October 2025.

Questions about 4003, The Palm Tower

What did unit 4003 last sell for?

AED 2,178,000 on 28 September 2022, sold by the developer: AED 4,152 per sqft for 525 sqft. It is the only registered sale of the unit.

What is the rent for unit 4003?

AED 130,000 a year on the contract renewed on 14 October 2025. The previous contract, from October 2024, was AED 120,000.

How big is unit 4003?

525 sqft (48.8 sqm): a studio on the 40th floor of a 47-storey tower completed in 2021.

What is unit 4003 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 4003, The Palm Tower

Starts from the last sale price (AED 2.18M, 28 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,178,000
Deposit, UAE resident (20%)
AED 435,600
Deposit, non-resident (40%)
AED 871,200
Monthly over 25 years at 3.7%
AED 8,911

Plus AED 96,486 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →