4007, The Palm Tower
Sold prices and rental history: sold twice, last in April 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4007, The Palm Tower
What is 4007 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 29 August 2025.
Key facts
- Type
- Studio apartment
- Size
- 517 sqft
- Floor
- 40th of 47
- Parking
- B2-63
- Developer
- The Palm - Jumeirah Co
- Completed
- 2021
- Last sold
- AED 1.75M · April 2022
- Building
- The Palm Tower
About 4007, The Palm Tower
4007 is a studio of 517 sqft on the 40th floor of The Palm Tower, a 47-storey tower in Palm Jumeirah completed in 2021 by The Palm - Jumeirah Co. It last sold on 11 April 2022 for AED 1,754,486, or AED 3,390 per sqft, 6% above the AED 3,197 studios in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 29 August 2025, is AED 120,000 a year: a gross yield of 6.8% on the 2022 price.
Sales and rents for 4007 over time
4007 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 4007 sits
All 191 studios →4007 last sold in April 2022 at AED 3,390 per sqft, 6% above what studios in The Palm Tower were fetching at the time (AED 3,197). 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. 4007's AED 120,000 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 40th floor
All 432 units in The Palm Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4001 | 1-bed | 1,031 sqft | AED 4.05MAED 4,050,000 · Jun 2025June 2025 | ||
| 4003 | Studio | 525 sqft | AED 2.18MAED 2,178,000 · Sep 2022September 2022 | 130,000 /yr | |
| 4004 | Studio | 524 sqft | AED 2.25MAED 2,250,000 · Dec 2023December 2023 | 120,000 /yr | |
| 4005 | 1-bed | 1,015 sqft | AED 3.92MAED 3,921,400 · Jun 2016June 2016 | ||
| 4006 | Studio | 523 sqft | AED 1.58MAED 1,578,555 · Apr 2022April 2022 | ||
| 4008 | Studio | 259 sqft | AED 874KAED 873,613 · Apr 2022April 2022 | 144,000 /yr | |
| 4009 | 1-bed | 1,117 sqft | AED 4.44MAED 4,442,422 · Jun 2022June 2022 | 290,000 /yr | |
| 4010 | 1-bed | 1,116 sqft | AED 4.7MAED 4,700,000 · Jul 2024July 2024 | ||
| 4011 | 1-bed | 1,143 sqft | AED 3.92MAED 3,918,000 · May 2022May 2022 | 264,000 /yr | |
| 4013 | 1-bed | 1,054 sqft | AED 3.18MAED 3,178,000 · May 2022May 2022 | 200,000 /yr | |
| 4014 | 1-bed | 1,054 sqft | AED 3.65MAED 3,649,000 · Jun 2023June 2023 | 225,000 /yr | |
| 4015 | 1-bed | 1,054 sqft | AED 4.16MAED 4,162,000 · Nov 2022November 2022 | ||
| 4018 | 1-bed | 1,077 sqft | AED 3.99MAED 3,989,240 · Apr 2019April 2019 | 275,000 /yr | |
| 4019 | 1-bed | 1,116 sqft | AED 4.83MAED 4,830,000 · Apr 2023April 2023 | 285,000 /yr |
4007, The Palm Tower in numbers
- Sold twice: first on 1 September 2016 for AED 1,977,600, last on 11 April 2022 for AED 1,754,486 (AED 3,390 per sqft).
- Rented since March 2024 on 2 Ejari contracts, from AED 140,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2022 price is 6.8%.
- 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 29 August 2025.
Questions about 4007, The Palm Tower
What did unit 4007 last sell for?
AED 1,754,486 on 11 April 2022: AED 3,390 per sqft for 517 sqft. The unit has 2 registered sales; the first was AED 1,977,600 in September 2016.
What is the rent for unit 4007?
AED 120,000 a year on the contract signed on 29 August 2025. The previous contract, from March 2024, was AED 140,000.
How big is unit 4007?
517 sqft (48.0 sqm): a studio on the 40th floor of a 47-storey tower completed in 2021.
What is unit 4007 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 4007, The Palm Tower
Starts from the last sale price (AED 1.75M, 11 April 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,754,486
- Deposit, UAE resident (20%)
- AED 350,897
- Deposit, non-resident (40%)
- AED 701,794
- Monthly over 25 years at 3.7%
- AED 7,178
Plus AED 78,698 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →