4008, The Palm Tower
Sold prices and rental history: sold twice, last in April 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4008, The Palm Tower
What is 4008 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 April 2025.
Key facts
- Type
- Studio apartment
- Size
- 259 sqft
- Floor
- 40th of 47
- Parking
- B2-64
- Developer
- The Palm - Jumeirah Co
- Completed
- 2021
- Last sold
- AED 874K · April 2022
- Building
- The Palm Tower
About 4008, The Palm Tower
4008 is a studio of 259 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 873,613, or AED 3,374 per sqft, 6% above the AED 3,197 studios in the building were fetching at the time.
It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 1 April 2025, is AED 144,000 a year: a gross yield of 16.5% on the 2022 price.
Sales and rents for 4008 over time
4008 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 4008 sits
All 191 studios →4008 last sold in April 2022 at AED 3,374 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. 4008's AED 144,000 is in the upper 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 | ||
| 4007 | Studio | 517 sqft | AED 1.75MAED 1,754,486 · Apr 2022April 2022 | 120,000 /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 |
4008, The Palm Tower in numbers
- Sold twice: first on 19 June 2018 for AED 1,857,630, last on 11 April 2022 for AED 873,613 (AED 3,374 per sqft).
- Rented since April 2023 on 3 Ejari contracts, from AED 120,000 to AED 144,000 a year.
- At AED 144,000 a year the gross yield on the 2022 price is 16.5%.
- 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 1 April 2025.
Questions about 4008, The Palm Tower
What did unit 4008 last sell for?
AED 873,613 on 11 April 2022: AED 3,374 per sqft for 259 sqft. The unit has 2 registered sales; the first was AED 1,857,630 in June 2018.
What is the rent for unit 4008?
AED 144,000 a year on the contract renewed on 1 April 2025. The previous contract, from April 2024, was AED 140,000; the unit has been rented since April 2023.
How big is unit 4008?
259 sqft (24.1 sqm): a studio on the 40th floor of a 47-storey tower completed in 2021.
What is unit 4008 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 4008, The Palm Tower
Starts from the last sale price (AED 874K, 11 April 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 873,613
- Deposit, UAE resident (20%)
- AED 174,723
- Deposit, non-resident (40%)
- AED 349,445
- Monthly over 25 years at 3.7%
- AED 3,574
Plus AED 41,702 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →