PropertyIndex

The Palm Tower

Completed · Q4 2021|862 units · 1 tower · 1 podium

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The Palm Tower is a completed apartment development by THE PALM - JUMEIRAH CO. (L.L.C) in Palm Jumeirah, comprising 862 registered units. 553 sales are registered with the Dubai Land Department, at a current PIX© price of AED 4,157 per sqft. At AED 4,157 per sqft, The Palm Tower prices 3% above the Palm Jumeirah average of AED 4,017 per sqft on registered sales.

PIX© price · 7.4% YoY
3.53MAED
Typical
4,157AED
PSF
Gross yield
5.1%
PIX© rent ÷ PIX© price
Sale records
553
DLD · all time
Rent contracts
679
Ejari · all time
The Palm Tower

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
173 – 5,366,572 sqft
8623.53M4,1577.4%181K5.1%
Residential
Studio · Apartment
485 – 601 sqft
194
1 Bed · Apartment
1,031 – 1,145 sqft
224
2 Bed · Apartment
2,107 – 5,086 sqft
11
3 Bed · Apartment
3,146 sqft
1
Hospitality
Studio · Hotel Room
482,143 sqft
1
Commercial
Building
5,366,572 sqft
1
Shop
703 – 4,148 sqft
406
Store
173 – 862 sqft
24
Sales — Project-Wide553 DLD records
Sale price AED/sqft · monthly · all time

Price per sqft has fallen -7.4% over the last 12 months, to AED 4,157, across 553 registered sales.

PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range · all time
PSF range
Avg size
Cash : mortgage
Off-plan : ready
DateSizePricePSFUnit TypeType
15 Jul 20265232,250,0004,301StandardStandard Sale
2 Jul 20265242,120,0004,048Entry LevelStandard Sale
8 Jun 20265231,950,0003,725Entry LevelStandard Sale
Rentals — Project-Wide679 Ejari contracts
Annual rent AED · monthly · all time
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range · all time
Renewals
Corporate
Start DateSizeRent / YrRent PSFUnit TypeType
25 Sep 20261,054215,000204Entry Levelrenewal
5 Aug 20261,108320,000289Premiumnew
1 Aug 2026524110,000210Entry Levelrenewal

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Palm Jumeirah

The closest-priced registered projects in Palm Jumeirah.

Common questions about The Palm Tower

Answered from Dubai Land Department registered transactions.

How much does a property in The Palm Tower cost?

Property in The Palm Tower sells at a current PIX© price of AED 4,157 per sqft, or about AED 3,526,229 for a typical unit, based on 553 sales registered with the Dubai Land Department.

Is The Palm Tower completed?

Yes. The Palm Tower is recorded as completed in the Dubai Land Department project register (completed q4 2021).

Who is the developer of The Palm Tower?

The Palm Tower is developed by THE PALM - JUMEIRAH CO. (L.L.C), the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in The Palm Tower?

The Palm Tower yields 5.1% gross, calculated from current PIX© rent against current PIX© sale price, across 679 registered Ejari contracts.

How many units are in The Palm Tower?

The Palm Tower holds 862 registered units, per the Dubai Land Department unit register.

Have prices in The Palm Tower gone up or down?

Price per sqft has fallen -7.4% over the last 12 months, to AED 4,157, across 553 registered sales.