Studio · 524 sqftThe Palm Tower, Palm Jumeirah · 45th floor · completed 2021

4515, The Palm Tower

Sold prices and rental history: sold twice, last in February 2023, and rented once, from June 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4515 · DLD and Ejari recordsUpdated 24 June 2025
Last soldAED 2M2 February 2023
Current rentAED 139K /yr24 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4515, The Palm Tower

What is 4515 worth today?

Last sold for AED 2,000,000 in 2023

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24 Jun 2025RentedNew contract
AED 139,000/yr12 months · AED 264 per sqft
2 Feb 2023SoldReady
AED 2,000,000AED 3,816 per sqft
11 May 2016Sold by developerOff-plan
AED 2,081,500AED 4,105 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 June 2025.

Key facts

Type
Studio apartment
Size
524 sqft
Floor
45th of 47
Parking
B2-133
Developer
The Palm - Jumeirah Co
Completed
2021
Last sold
AED 2M · February 2023

About 4515, The Palm Tower

4515 is a studio of 524 sqft on the 45th floor of The Palm Tower, a 47-storey tower in Palm Jumeirah completed in 2021 by The Palm - Jumeirah Co. It last sold on 2 February 2023 for AED 2,000,000, or AED 3,816 per sqft, 14% above the AED 3,339 studios in the building were fetching at the time.

One Ejari contract is registered, from 24 June 2025. The current contract, signed on 24 June 2025, is AED 139,000 a year: a gross yield of 7.0% on the 2023 price.

Sales and rents for 4515 over time

Sales
Unit 4515, 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, May 2016: AED 2,081,500 (AED 4,105 per sqft)Sold, February 2023: AED 2,000,000 (AED 3,816 per sqft)

4515 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 4515, 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, June 2025: AED 139,000 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 4515 sits

All 191 studios →

4515 last sold in February 2023 at AED 3,816 per sqft, 14% above what studios in The Palm Tower were fetching at the time (AED 3,339). 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. 4515's AED 139,000 is in the upper 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 45th floor

All 432 units in The Palm Tower
Value
45011-bedAED 4.07M · Nov 2022
45021-bedAED 3.84M · Dec 2022
45051-bedAED 3.2M · Nov 2023
4506StudioAED 1.62M · Nov 2023
45071-bedAED 3.95M · Apr 2024
45091-bedAED 3.75M · Oct 2021
45101-bedAED 4.41M · Nov 2016
1–7 of 14

4515, The Palm Tower in numbers

  • Sold twice: first on 11 May 2016 for AED 2,081,500, last on 2 February 2023 for AED 2,000,000 (AED 3,816 per sqft).
  • Rented since June 2025 on one Ejari contract, at AED 139,000 a year.
  • At AED 139,000 a year the gross yield on the 2023 price is 7.0%.
  • 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 24 June 2025.

Questions about 4515, The Palm Tower

What did unit 4515 last sell for?

AED 2,000,000 on 2 February 2023: AED 3,816 per sqft for 524 sqft. The unit has 2 registered sales; the first was AED 2,081,500 in May 2016.

What is the rent for unit 4515?

AED 139,000 a year on the contract signed on 24 June 2025.

How big is unit 4515?

524 sqft (48.7 sqm): a studio on the 45th floor of a 47-storey tower completed in 2021.

What is unit 4515 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 4515, The Palm Tower

Starts from the last sale price (AED 2M, 2 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

Plus AED 89,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →