The Palm Tower, Palm Jumeirah

    Sold Prices · DLD Data

    The Palm Tower

    Palm Jumeirah, Dubai · Palm Jumeirah

    AED 4,138

    Avg Price / sqft

    AED 3.1M

    Avg Sale Price

    23

    DLD Sales Recorded

    5.1%

    Est. Gross Yield

    Market snapshot

    The Palm Tower — the numbers

    The Palm Tower is a residential building in Palm Jumeirah, Dubai with approximately 442 units. Dubai Land Department records show 23 sales in the building, at an average price of AED 3.1M — around AED 4,138 per square foot.

    Since January 2026, 20 sales completed in The Palm Tower, with the average price per square foot moving from AED 4,368 to AED 4,175 (-4.4%). That softening can open negotiating room for buyers.

    Benchmarked against average residential rents in Palm Jumeirah, a typical unit in The Palm Tower returns an estimated 5.1% gross rental yield before service charges — a useful starting point for investors comparing towers across Palm Jumeirah.

    Figures are from Dubai Land Department transaction records for The Palm Tower; individual units vary by floor, view and finish. Gross yield is estimated against average Palm Jumeirah residential rents, before service charges.

    Price trend

    Price trend in The Palm Tower

    Average sale price per sqft by month since January 2026 (single-sale months excluded)-4.4%

    4,0084,3584,707Jan 26: AED 4,368/sqft · 7 salesJan 26Feb 26: AED 4,824/sqft · 2 salesFeb 26Mar 26: AED 4,516/sqft · 4 salesMar 26Apr 26: AED 4,308/sqft · 3 salesApr 26Jun 26: AED 3,891/sqft · 2 salesJun 26Jul 26: AED 4,175/sqft · 2 salesJul 26

    Unit types

    Prices by unit type

    Studio

    AED 2.2M

    AED 4,296/sqft

    13 sales · last 12 months

    1 Bed

    AED 4.7M

    AED 4,354/sqft

    9 sales · last 12 months

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    11 Aug 2026Sales11,056AED 3.8MAED 3,623
    15 Jul 2026Sales0523AED 2.3MAED 4,301
    02 Jul 2026Sales0524AED 2.1MAED 4,048
    05 Jun 2026Sales0523AED 1.9MAED 3,725
    01 Jun 2026Sales0518AED 2.1MAED 4,057
    04 May 2026Sales11,109AED 4.5MAED 4,058
    09 Apr 2026Sales0524AED 2.2MAED 4,259
    07 Apr 2026Sales0494AED 2.1MAED 4,351
    03 Apr 2026Sales11,113AED 4.8MAED 4,314
    31 Mar 2026Sales11,057AED 4.6MAED 4,353
    30 Mar 2026Sales0524AED 2.3MAED 4,340
    23 Mar 2026Sales0524AED 2.3MAED 4,409
    10 Mar 2026Sales0524AED 2.6MAED 4,962
    16 Feb 2026Sales11,115AED 5.1MAED 4,581
    03 Feb 2026Sales11,115AED 5.7MAED 5,066
    30 Jan 2026Sales11,109AED 4.5MAED 4,103
    29 Jan 2026Sales11,076AED 6.0MAED 5,576
    28 Jan 2026Sales0524AED 2.3MAED 4,392
    22 Jan 2026Sales0518AED 2.3MAED 4,347
    14 Jan 2026Sales0523AED 2.3MAED 4,447

    About the area

    The Palm Tower is in Palm Jumeirah

    Palm Jumeirah is an iconic community in Dubai, renowned for its unique palm-tree shape and luxurious living environment. Developed by Nakheel, this exclusive enclave appeals primarily to affluent individuals and families seeking a sophisticated lifestyle characterized by stunning waterfront views and high-end amenities.

    Explore the Palm Jumeirah area guide

    Nearby

    Other buildings in Palm Jumeirah

    FAQ

    The Palm Tower: frequently asked questions

    What is the average price in The Palm Tower?

    The average recorded sale price in The Palm Tower, Palm Jumeirah is AED 3.1M, around AED 4,138 per square foot, based on Dubai Land Department transaction data.

    Are prices in The Palm Tower going up or down?

    Average sale prices in The Palm Tower have eased -4.4% per square foot since January 2026, across 20 DLD-recorded sales.

    What rental yield can I expect in The Palm Tower?

    Based on average Palm Jumeirah residential rents against sale prices in the building, a typical unit in The Palm Tower yields roughly 5.1% gross per year, before service charges and fees.

    How many properties have sold in The Palm Tower?

    23 sales have been recorded in The Palm Tower according to DLD data, across approximately 442 units.

    Considering The Palm Tower?

    Get honest, DLD-backed guidance on pricing, yields and availability in Palm Jumeirah from Binayah's advisors — no pressure, just the numbers.

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