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. 542 sales are registered with the Dubai Land Department, at a current PIX© price of AED 4,045 per sqft. At AED 4,045 per sqft, The Palm Tower prices 3% above the Palm Jumeirah average of AED 3,918 per sqft on registered sales.

PIX© price · 9.8% YoY
3.50MAED
Typical
4,045AED
PSF
Gross yield
5.1%
PIX© rent ÷ PIX© price
Sale records
542
DLD · all time
Rent contracts
712
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
8623.50M4,0459.8%179K5.1%
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-Wide542 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Floor Analysis
last 24 months
Median PSF · 80 sales
Floors 19-34 · 49 sales
Floors 35-45 · 31 sales
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
11 Aug 20261 BedFloor 371,0563,825,0003,623+24.7%Entry LevelStandard Sale
15 Jul 2026StudioFloor 395232,250,0004,301+2.3%StandardStandard Sale
2 Jul 2026StudioFloor 255242,120,0004,048+6.0%Entry LevelStandard Sale
Rentals — Project-Wide712 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 325 rentals
Floors 19-35 · 223 rentals
Floors 36-47 · 102 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
25 Sep 20261 Bed1,054215,000204Entry Levelrenewal
12 Aug 2026StudioFloor 31523115,000220-11.5%Standardrenewal
10 Aug 2026StudioFloor 23520100,000192-26.7%Entry Levelnew

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 4,045 per sqft, or about AED 3,497,777 for a typical unit, based on 542 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 712 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 -9.8% over the last 12 months, to AED 4,045, across 542 registered sales.