The Palm Tower property prices & sales
The Palm Tower at a glance written from registered records
The Palm Tower recorded 33 registered sales in the last 12 months, worth AED 111.97M in total. The median price was AED 4,340 per sq ft, up 3.7% on the previous 12 months, and the median sale price was AED 2.50M. 0.0% of these sales were off-plan and 100.0% were ready properties. Across 146 rental contracts registered in the same period, the median annual rent was AED 190,000, an indicative gross yield of 7.6%.
Median price per sq ft by year registered sales
| Year | Sales | Median AED/sq ft | Median price |
|---|---|---|---|
| 2026 | 24 | 4,327 | AED 2.32M |
| 2025 | 44 | 4,237 | AED 2.98M |
| 2024 | 42 | 3,980 | AED 3.09M |
| 2023 | 80 | 3,819 | AED 3.52M |
| 2022 | 185 | 3,341 | AED 3.37M |
| 2021 | 78 | 2,981 | AED 3.20M |
| 2020 | 8 | 3,379 | AED 1.83M |
| 2019 | 29 | 3,358 | AED 1.96M |
| 2018 | 23 | 3,094 | AED 3.15M |
| 2017 | 19 | 3,162 | AED 1.89M |
| 2016 | 65 | 354 | AED 1.91M |
Prices by bedroom last 24 months · entry = lower quarter, premium = upper quarter
| Type | Sales | Entry | Typical | Premium | AED/sq ft | Typical size |
|---|---|---|---|---|---|---|
| Studio | 42 | AED 2.10M | AED 2.20M | AED 2.29M | 4,237 | 524 sq ft |
| 1 B/R | 40 | AED 4.04M | AED 4.53M | AED 5.50M | 4,209 | 1,067 sq ft |
Who's buying last 12 months
Cash vs mortgage is indicative: new mortgage registrations compared with sales in the same period.
Latest registered sales
| Date | Type | Beds | Building | Sq ft | Price | AED/sq ft |
|---|---|---|---|---|---|---|
| 2026-08-24 | Unit | 1 B/R | The Palm Tower | 1,076 | AED 7,450,000 | 6,923 |
| 2026-08-12 | Unit | 1 B/R | The Palm Tower | 1,056 | AED 3,825,000 | 3,623 |
| 2026-07-30 | Unit | Studio | The Palm Tower | 26.2 | AED 71,982 | 2,752 |
| 2026-07-15 | Unit | Studio | The Palm Tower | 523 | AED 2,250,000 | 4,301 |
| 2026-07-02 | Unit | Studio | The Palm Tower | 524 | AED 2,120,000 | 4,048 |
| 2026-06-08 | Unit | Studio | The Palm Tower | 523 | AED 1,950,000 | 3,725 |
The full report lists every registered sale, with filters by bedroom and date. Open it free.
Questions about The Palm Tower
What is the average price per sq ft in The Palm Tower?
Over the last 12 months the median registered sale price in The Palm Tower was AED 4,340 per sq ft (+3.7% year on year).
What is the rental yield in The Palm Tower?
Comparing the median annual rent (AED 190,000) with the median sale price (AED 2,500,000) over the last 12 months gives an indicative gross yield of 7.6%.
How many properties sold in The Palm Tower in the last 12 months?
33 sales were registered in the last 12 months, 0.0% of them off-plan.
What is the average rent in The Palm Tower?
The median annual rent across 146 contracts registered in the last 12 months was AED 190,000.
Comparables in Palm Jumeirah 12m
The Palm Tower ranks #13 of 37 by price per sq ft.
| Project | Sales | AED/sq ft |
|---|---|---|
| Passo By Beyond | 241 | 5,908 |
| Serenia Living | 41 | 4,537 |
| The Palm Tower | 33 | 4,340 |
| The 8 | 25 | 3,985 |
| Palm Beach Towers - 2 | 24 | 3,319 |
| Seven Hotel and Apartments The Palm | 63 | 3,284 |
| Tiara Residence | 28 | 3,230 |
| Fairmont Palm Residence | 34 | 2,600 |
| Royal Amwaj | 41 | 2,266 |
| Marina Residence | 79 | 2,219 |
| Balqis Residence | 25 | 2,147 |
| Golden Mile | 49 | 1,961 |
Project record
| Developer | The Palm - Jumeirah Co. (L.L.C) |
| Status | Finished |
| Completion | 100% |
| Handover | 2021-11-30 |
| Units | 435 |
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Data sourced from the Dubai Open Data portal (data.dubai) under the Dubai Open Data Licence; originating entity: Dubai Land Department. GetYaData is an independent service and is not affiliated with, endorsed by or associated with the Dubai Land Department or the Government of Dubai. Figures are indicative — not a valuation.
