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The Palm Tower

A studio in The Palm Tower costs a median AED 2.25M, rents long-let for AED 120,000/yr (5.3% gross), and returns 7.0% short-term at the assumed 70% occupancy.

Satellite view of The Palm Tower, Palm Jumeirah, Dubai, centred on its registered pin. Apple Maps.
Satellite view of the registered pin · Apple Maps

Studio · typical price

2.25MAED

AED 4,321/sqft · +2.9% on a year

Rent a year
AED 120,000
Yield after service charge
4.2%
vs Palm Jumeirah
57% above the median
Cost to buy, all inAED 2.39M
Price
AED 2.25M
DLD fee 4%
AED 90,000
Agent 2% + VAT
AED 47,250
Trustee
AED 4,200

Fees repaid by net rent18 months

Against this building’s registered sales of the same type.

Ask about The Palm Tower →

Is The Palm Tower a good investment?The rent pays below the Dubai median and rents are slipping

  1. Does it pay a good rent?5.3% gross, 4.2% after the service charge (Dubai median 6.8%)5.3%Watch
  2. Is it easy to let?47% of units signed a yearly lease in 12 months; the typical Palm Jumeirah building manages 9%47%Fair
    Palm Jumeirah median 9% · top tenth from 47%The Palm Tower · 47%

    Across 18 Palm Jumeirah buildings with 40 or more units, the median signed annual leases on 9% of units in 12 months and the top tenth on 47% or more; The Palm Tower is at 47%.

  3. Are rents going up?New studio leases: AED 125,000 a year ago, AED 120,000 now-4.0%Watch
  4. Are prices going up?Studio: AED 4,197/sqft a year ago, 4,321 now+2.9%Fair
  5. How fast do fees pay back?AED 141,450 in fees to buy a studio; net rent covers it in 1.5 years1.5 yrsFair
  6. Can I sell easily?32 sales in 12 months, 7% of the tower (50 the year before)32Fair
  7. Is a lot being built nearby?1,706 apartments are planned in Palm Jumeirah from 2026 to 2028, equal to 44% of the 3,913 homes let there today. A further 125 are past their planned date. Palm Jumeirah supply by year →44%Fair
  8. Did earlier buyers gain?Up 46% for buyers 5 years ago; up 32% for launch buyers, before fees+45.7%Context

Readings use published thresholds · studio figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

The Palm Tower prices and rents by unit typeA studio costs about AED 2.25M and rents for about AED 120,000 a year

TypeMedian priceGross yieldNew rent12-month changeSales
Studio194 units · 524 sqftAED 2.25M4,321/sqftlaunch 3,280 +31.7%5.3%-0.8 ptsAED 120,00035 contracts+2.9%16
1 bed224 units · 1,064 sqftAED 4.70M4,467/sqftlaunch 3,707 +20.5%4.2%-1.0 ptsAED 195,00080 contracts+12.8%16
Appreciation, rental income and short-term detail, by unit type

Appreciation

Studio · price per sqft · Palm Jumeirah · area median AED 2,756/sqft

3 years
+11.2% · +3.6%/yr
5 years
+34.8% · +6.1%/yr
vs area median
+56.8%

Rental income

Studio · Palm Jumeirah

Median new rent
AED 120,000/yr
Yield vs area median
-0.8 pts
Yield vs Dubai (6.8%)
-1.4 pts
Renewal rent
AED 120,000/yr

Short-term income

Studio · 70% occupancy · 7-night stays · within 500 m

Median nightly rate
AED 772
Net revenue
AED 157,938/yr
vs long-let rent
1.3×
Listings seen
4+

Price history and sales

As filed with the Land Department — data to 2026-10-12.

Sale price, AED (right axis) Rent on new leases, AED a year (left axis)

Median price paid, Studio, as a rolling 3-month median, with the rent on new leases on the same basis. The band along the bottom is the number of sales each month.

Chart data, Studio: Mar 2016, AED 1,737,750; latest, Jul 2026, AED 2,105,000; peak, Nov 2025, AED 2,325,000. Rent on new leases: Jan 2022, AED 140,000 a year; latest, Oct 2026, AED 110,000.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 4,343 · before fees

Launch, 2015–22
3,280
+32%
5 years ago
2,981
+46%
3 years ago
3,819
+14%
Previous 12 months
4,187
+4%
Last 12 months
4,343
today

The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.

32 resales in the last 12 months, against 55 a year on average over 2023–2025.

DateTypeSqftPriceAED/sqft
5 Oct 20261 bed1,054AED 5,500,0005,216
24 Aug 20261 bed1,076AED 7,450,0006,923
12 Aug 20261 bed1,056AED 3,825,0003,623
15 Jul 2026Studio523AED 2,250,0004,301
2 Jul 2026Studio524AED 2,120,0004,048
8 Jun 2026Studio523AED 1,950,0003,725
1 Jun 2026Studio518AED 2,100,0004,057
4 May 20261 bed1,109AED 4,500,0004,058
9 Apr 2026Studio524AED 2,230,0004,259
7 Apr 2026Studio494AED 2,150,0004,351

32 resales in the last 12 months.

Short-term rates around The Palm Tower

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

70%
TypeNightly, AEDNet revenue at 70%Long-let rentUpliftNet yield
Studio500 m cluster · 4+ listings seen7721.48/sqftAED 157,938AED 120,0001.3×7.0%
1 bed11+ listings seen9550.91/sqftAED 188,536AED 195,0001.0×4.0%

Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.

Nightly rate through the year

Comparables in Palm Jumeirah

Every Palm Jumeirah building with a page, ranked by price per sqft over the same 12 months, all unit types. The Palm Tower places 18th of 93; the nearest 8 are shown.

RankBuildingMedian priceAED/sqftGross yield12-month changeSales
14W Residences Dubai - The PalmCompleted 2020 · off-plan 2,666/sqftAED 33.00M4,846+11.6%6.1%+39.9%5
15Vitalia by Pinnacle12% · Q2 2026 · off-plan 4,653/sqftAED 10.18M4,712+8.5%—+3.7%16
16Serenia Living - Tower 2Completed 2026 · off-plan 3,186/sqftAED 13.40M4,554+4.9%4.5%+10.5%16
17Serenia Living - Tower 1Completed 2026 · off-plan 3,250/sqftAED 8.50M4,541+4.6%7.1%+4.7%25
18The Palm Tower · this buildingCompleted 2021 · off-plan 3,106/sqftAED 2.58M4,3435.4%+3.7%32
19Ellington Beach HouseCompleted 2024 · off-plan 4,645/sqftAED 4.87M4,248-2.2%4.5%-17.1%9
20Luce48% · Q4 2025 · off-plan 4,087/sqftAED 11.15M4,071-6.3%——4
21Olaia Residences1% · Q4 2027 · off-plan 4,035/sqftAED 6.62M4,045-6.9%2.6%+0.3%10
22Serenia Living - Tower 3Completed 2026 · off-plan 3,846/sqftAED 27.25M4,006-7.8%2.2%—3

Rank 1 is the dearest per square foot. Differences are against The Palm Tower (AED 4,343/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At studio, The Palm Tower has registered sale prices 57% above the Palm Jumeirah median price per square foot of 2,756 AED, across 8 eligible buildings.

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 activity

Planned 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 supply

Supply 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 counted
Find service-charge budget evidence for The Palm Tower

Direct 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.

About The Palm Tower

The Palm Tower is an apartment building completed in 2021 by The Palm Jumeirah in Palm Jumeirah. 558 sales are registered with the Dubai Land Department.

Pinned from Google's place record for the registered name.Open in Google Maps

The building, as registered

Service charge
AED 50.26/sqft a year · 2026 budget
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

The Palm Tower: AED 4,343 per sq ft, 54% above the median Palm Jumeirah building, and a 5.4% gross yield, above the area's median building

The building's own figures against its area's registered market, last twelve months.

Price per sq ft

Median registered sale price, AED per sq ft, last 12 months

  1. The Palm TowerAED 4,343
  2. Palm Jumeirah, readyAED 2,663
  3. Palm Jumeirah, off-planAED 5,539
  4. Dubai, readyAED 1,421
Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Gross yield against the area's buildings

Axis: gross yield, % of price

The Palm TowerPalm Jumeirah median building

  1. Palm Jumeirah5.4% vs 5.1%
Line: the 10th to 90th percentile of 50 buildings in Palm Jumeirah. Gross: before service charge, vacancy and fees. Sources: DLD, Ejari.

Upcoming supply in Palm Jumeirah, by handover quarter

More from The Palm Jumeirah

Prices per sq ft around The Palm Tower, on the map
Pills show median sale price, AED. 81 buildings pinned from Google place records and Apple geocoding · The Palm Tower is the inverted pinOpen in Apple Maps

Before you decide

The facts that can change the return, each with the date it rests on.

Rent or buy

What owning a studio here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from The Palm Tower’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.

Residency
More assumptions

The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.

Monthly mortgage
10,005AED
4.5% over 25 years
Monthly rent
10,000AED
AED 120,000 a year
Cash needed at purchase
616,950AED
20% down plus AED 166,950 in fees

Owning costs AED 394,605 less than renting over 5 years, once the sale is counted.

Buying overtakes renting in year 2.

Cumulative cost by year: renting (solid) against owning net of a sale that year (dashed), at the assumptions above.

Ask about The Palm Tower

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Common questions

What is the rental yield in The Palm Tower?
The Palm Tower returns 5.3% gross: a median new-contract rent of AED 120,000 a year (35 Ejari contracts in 12 months) over a price benchmark of AED 2.25M (median of 16 sales in the last 12 months, latest Jul 2026), before service charge, agency fees or vacant months.
How much does a studio in The Palm Tower cost?
The median registered sale price is AED 2.25M (4,321 AED/sqft), from 16 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
What are apartments in The Palm Tower selling for right now?
Registered sales of ready units in The Palm Tower over the last 12 months have a median of 4,321 AED/sqft, across 16 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
Have prices in The Palm Tower risen or fallen?
Median price per square foot moved +2.9% over the last 12 months against the 12 before it, on 16 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
How does The Palm Tower compare with Palm Jumeirah?
Its 5.3% gross yield sits -0.8 pts against the Palm Jumeirah median of 6.2%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.

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The Palm Tower sale record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
16 registered sales 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
/sale/apartments/dubai/palm-jumeirah/the-palm-tower
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “The Palm Tower sale prices and yield.” Palm Jumeirah, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/palm-jumeirah/the-palm-tower

Stable dataJSON