The Palm Tower rents
- 116 new leases and 86 renewals in 12 months
- 430 units
- Palm Jumeirah
- near Palm Jumeirah
A one-bed here leases for about AED 195,000 a year, 30% above the typical Palm Jumeirah one-bed. New tenants pay more than renewing ones, who pay AED 157,500.
1 bed · typical new lease
195,000AEDa year
AED 177/sqft · -15.2% on a year
- A month, roughly
- AED 16,250
- Renewal
- AED 157,500
- vs Palm Jumeirah 1 bed
- 30% above the median
- New leases, 12 months
- 80
What should a lease in The Palm Tower cost?A one-bed leases for about AED 195,000 a year; new tenants pay 23.8% more than renewing ones
Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Palm Jumeirah median for the type.
Ask an agent about this rent →Rent history and contracts
Every contract registered with Ejari — data to 2026-10-12.
A one-bed here now costs 15.2% less than a year earlier: AED 195,000 against 230,000.
Chart data, 1 bed: Aug 2011, AED 75,000; latest, Oct 2026, AED 191,250; peak, Nov 2024, AED 252,500.
Showing the 60 most recent of 202 contracts starting on or after 12 Oct 2025.
About The Palm TowerA 57-floor tower in Palm Jumeirah, a 10-minute drive from Dubai Marina
The Palm Tower is an apartment building completed in 2021 by The Palm Jumeirah in Palm Jumeirah. 202 yearly leases, new and renewed, were registered with Ejari in the last 12 months.
The building, as registered
- Service charge
- Paid by the landlord · AED 50.26/sqft a year
- Floors
- 57
- Lifts
- 20
- Parking bays
- 711
- Pools
- 3
- Master developer
- The Palm Jumeirah
Drive times · typical
- Downtown
- 20 min · 21 km
- DXB Airport
- 25 min · 34 km
- DIFC
- 16 min · 23 km
- Dubai Marina
- 10 min · 6.9 km
- Palm Jumeirah
- 12 min · 5.7 km
Nearest, as registered
- Metro
- Palm Jumeirah
- Mall
- Marina Mall
- Landmark
- Burj Al Arab
Letting a unit in The Palm Tower?47% of units here signed a yearly lease in 12 months, above the Palm Jumeirah median; new tenants pay more than renewing ones
- Units on a yearly lease
- 47%Fair
- Palm Jumeirah median 9%; top tenth from 47%
- New tenant vs renewal
- +3.1%
- New leases AED 140,000, renewals 135,750, all types
- Short-let instead, one-bed
- AED 955
- a night on Airbnb; nets 1.0× the yearly rent at 70% occupancy, after fees, cleaning and utilities
Ejari leases to 12 Oct 2026 · Airbnb asking rates for the next 12 months; occupancy is an assumption, not a measurement
Thinking of selling? The Palm Tower sale prices →Comparables in Palm Jumeirah
Every Palm Jumeirah building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. The Palm Tower places 8th of 59; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against The Palm Tower.
At 1 bed, The Palm Tower ranks 1st of 32 by rent per square foot and 15th of 16 by gross yield in Palm Jumeirah.
Market context in Palm Jumeirah
Registered sales activity
748 ready apartment sales in the 12 months to 2026-10-12.
+3.4% in median AED/sqft versus the preceding year, supported by 748 current and 1,092 prior price observations.
Explore sales activityPlanned apartment projects
1,382 known registered units across 7 pending projects planned within one year of the 2026-07-06 register.
3 projects had already passed their planned date; 2 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
1,706 apartments are planned in Palm Jumeirah from 2026 to 2028, equal to 44% of the 3,913 homes let there today.
Ready prices per sqft fell in 26% of 34 buildings (counted once per bedroom type) in Palm Jumeirah with sales in both years; the typical one moved +3.4%.
New-lease rents fell in 81% of 16 buildings (counted once per bedroom type) with leases in both years; the typical one moved −6.8%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
More from The Palm Jumeirah
Marina Apartments 1
Palm Jumeirah · 203 contracts, 12 months
210,000
AED a year median · 111/sqft
Marina Apartments 2
Palm Jumeirah · 203 contracts, 12 months
210,000
AED a year median · 111/sqft
Marina Apartments 3
Palm Jumeirah · 203 contracts, 12 months
210,000
AED a year median · 111/sqft
Marina Apartments 4
Palm Jumeirah · 203 contracts, 12 months
210,000
AED a year median · 111/sqft
Nearby in Palm Jumeirah
Prices per sq ft around The Palm Tower, on the mapPrices per sq ft around The Palm Tower, on the map
Marina Apartments 6
Palm Jumeirah · 203 contracts, 12 months
210,000
AED a year median · 111/sqft
Marina Apartments 5
Palm Jumeirah · 203 contracts, 12 months
210,000
AED a year median · 111/sqft
Marina Apartments 1
Palm Jumeirah · 203 contracts, 12 months
210,000
AED a year median · 111/sqft
Marina Apartments 2
Palm Jumeirah · 203 contracts, 12 months
210,000
AED a year median · 111/sqft
Ask about The Palm Tower
Looking to buy or rent here? Tell us what you need: unit type, budget, timing.
We reply by phone, WhatsApp or email, and put you in touch with a licensed agent.
Common questions
- What is the registered annual rent for a 1 bedroom in The Palm Tower?
- The median new annual rent is AED 195,000, from 80 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.
- Have registered rents in The Palm Tower risen or fallen?
- The median new annual rent changed -15.2% in the trailing 12 months against the previous 12, using 80 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
- Do new tenants in The Palm Tower pay more than sitting ones?
- A new tenant pays +23.8% against a renewing one, across 58 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.
- How many apartments change hands in The Palm Tower?
- 16 sales were registered with the Dubai Land Department in the last 12 months, alongside 80 Ejari rental contracts. Every median on this page rests on those counts.
- Which metro station is closest to The Palm Tower?
- Palm Jumeirah, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Marina Mall.
For agents
Send this page to a client as a branded report
The Palm Tower rental record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 35 registered rental contracts in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
- Canonical record
- /rent/apartments/dubai/palm-jumeirah/the-palm-tower
Cite as: Dubai Wealth Index. “The Palm Tower rents and yield.” Palm Jumeirah, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/palm-jumeirah/the-palm-tower
Stable dataJSON