1-bed · 1,076 sqftThe Palm Tower, Palm Jumeirah · 43rd floor · completed 2021

4318, The Palm Tower

Sold prices and rental history: sold twice, last in August 2024, and rented once, from March 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4318 · DLD and Ejari recordsUpdated 12 August 2024
Last soldAED 5M12 August 2024
Current rentAED 280K /yr10 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4318, The Palm Tower

What is 4318 worth today?

Last sold for AED 5,001,341 in 2024

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12 Aug 2024SoldReady
AED 5,001,341AED 4,647 per sqft
10 Mar 2023RentedNew contract
AED 280,000/yr12 months · AED 260 per sqft
7 Jul 2019Sold by developerOff-plan
AED 4,341,800AED 4,034 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 August 2024.

Key facts

Type
1-bed apartment
Size
1,076 sqft
Floor
43rd of 47
Parking
B2-188
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 5M · August 2024

About 4318, The Palm Tower

4318 is a one-bedroom apartment of 1,076 sqft on the 43rd floor of The Palm Tower, a 47-storey tower in Palm Jumeirah completed in 2021 by The Palm - Jumeirah Co. It last sold on 12 August 2024 for AED 5,001,341, or AED 4,647 per sqft, 23% above the AED 3,793 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 March 2023. The current contract, signed on 10 March 2023, is AED 280,000 a year: a gross yield of 5.6% on the 2024 price.

Sales and rents for 4318 over time

Sales
Unit 4318, 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, July 2019: AED 4,341,800 (AED 4,034 per sqft)Sold, August 2024: AED 5,001,341 (AED 4,647 per sqft)

4318 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4318, 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, March 2023: AED 280,000 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 4318 sits

All 216 1-beds →

4318 last sold in August 2024 at AED 4,647 per sqft, 23% above what one-beds in The Palm Tower were fetching at the time (AED 3,793). 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. 4318's AED 280,000 is in the upper half 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 43rd floor

All 432 units in The Palm Tower
Value
43011-bedAED 3.69M · Dec 2022
43021-bedAED 3.76M · Dec 2022
43051-bedAED 3.55M · Mar 2023
4306StudioAED 1.87M · Aug 2021
43071-bedAED 4.1M · Oct 2024
43091-bedAED 5.5M · Jul 2023
4310AED 5.65M · Aug 2025
1–7 of 12

4318, The Palm Tower in numbers

  • Sold twice: first on 7 July 2019 for AED 4,341,800, last on 12 August 2024 for AED 5,001,341 (AED 4,647 per sqft).
  • Rented since March 2023 on one Ejari contract, at AED 280,000 a year.
  • At AED 280,000 a year the gross yield on the 2024 price is 5.6%.
  • 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 12 August 2024.

Questions about 4318, The Palm Tower

What did unit 4318 last sell for?

AED 5,001,341 on 12 August 2024: AED 4,647 per sqft for 1,076 sqft. The unit has 2 registered sales; the first was AED 4,341,800 in July 2019.

What is the rent for unit 4318?

AED 280,000 a year on the contract signed on 10 March 2023.

How big is unit 4318?

1,076 sqft (100.0 sqm): a one-bedroom apartment on the 43rd floor of a 47-storey tower completed in 2021.

What is unit 4318 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 4318, The Palm Tower

Starts from the last sale price (AED 5M, 12 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,001,341
Deposit, UAE resident (20%)
AED 1,000,268
Deposit, non-resident (40%)
AED 2,000,536
Monthly over 25 years at 3.7%
AED 20,462

Plus AED 215,067 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →