Market bulletin · Thu, 22 Oct 2026
The Palm Tower: 2 sales worth AED 6.47M in 30 days
The Palm Tower recorded 2 sales worth AED 6.47M in the 30 days to Thu, 22 Oct 2026. Over the last week 2 sales were registered (AED 6.47M), against 0 the week before.
By market over 12 months: secondary (ready) sales 100%.
In Palm Jumeirah, The Palm Tower ranked #11 of 11 leading projects by 12-month sales value; it is developed by Nakheel.
Leases registered in the last three months had a median annual rent of AED 120K. The best gross yield is on 1 BR apartments at about 5.5%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | AED 4,347 |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | — |
| Aug 25 | — |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | AED 4,067 |
| Mar 25 | AED 4,298 |
| Feb 25 | AED 4,104 |
| Jan 25 | AED 4,148 |
| Dec 24 | AED 3,657 |
| Nov 24 | AED 3,699 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 2 |
| Sept 26 | 0 | 0 | 0 |
| Aug 26 | 0 | 0 | 0 |
| Jul 26 | 0 | 0 | 1 |
| Jun 26 | 0 | 0 | 0 |
| May 26 | 0 | 0 | 1 |
| Apr 26 | 0 | 0 | 2 |
| Mar 26 | 0 | 0 | 1 |
| Feb 26 | 0 | 0 | 1 |
| Jan 26 | 0 | 0 | 7 |
| Dec 25 | 0 | 0 | 3 |
| Nov 25 | 0 | 0 | 3 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 2 | — | AED 6.47M | — | — |
| Last 3 months | 2 | unchanged 0.0% | AED 6.47M | — | — |
| Last 6 months | 4 | down 76.5% | AED 13.1M | — | — |
| Last 12 months | 21 | down 65.0% | AED 72.1M | 4,340 | up 8.3% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 21 | 100% | AED 2.50M | 4,340 | up 8.3% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 11 | 52% | AED 2.23M | 4,340 | up 4.3% |
| 1 bedroom | 10 | 48% | AED 4.53M | 4,343 | up 11.4% |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| AED 2M–10M | 21 | 100% | AED 2.50M | 4,340 | up 3.9% |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | AED 168K |
| Sept 26 | AED 120K |
| Aug 26 | — |
| Jul 26 | AED 110K |
| Jun 26 | AED 153K |
| May 26 | — |
| Apr 26 | AED 142K |
| Mar 26 | — |
| Feb 26 | AED 235K |
| Jan 26 | AED 155K |
| Dec 25 | AED 250K |
| Nov 25 | AED 180K |
| Oct 25 | AED 215K |
| Sept 25 | AED 225K |
| Aug 25 | AED 140K |
| Jul 25 | AED 135K |
| Jun 25 | — |
| May 25 | AED 142K |
| Apr 25 | AED 145K |
| Mar 25 | — |
| Feb 25 | AED 215K |
| Jan 25 | AED 220K |
| Dec 24 | — |
| Nov 24 | AED 235K |
- Leases (12M)
- 172
- New leases
- 59.9%
- Median rent 3M
- AED 120K
- Rent/sqft 3M
- AED 209
| Studio apartments | AED 120K / AED 2.23M | 5.4% |
|---|---|---|
| 1 BR apartments | AED 250K / AED 4.53M | 5.5% |
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| Studio | 63 | AED 120K | AED 120K | 229 |
| 1 BR | 71 | AED 250K | AED 250K | 235 |
Competing projects in Palm Jumeirah
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Bella - Passo Building 2Beyond Developments | 59 | 5,664 | up 6.2% |
| Passo Building 1Beyond Developments | 60 | 5,723 | — |
| Como Residences | 11 | 5,624 | — |
| Signature Villas Frond G (Al Shishi)Nakheel | 4 | — | — |
| Signature Villas Frond N (Al Naghal)Nakheel | 6 | 9,358 | — |
| The Royal Atlantis ResidencesAtlantis The Palm 2 Development | 16 | 8,446 | — |
| Avita - Passo Building 1Beyond Developments | 47 | 6,403 | — |
| Signature Villas Frond F (Al Yabri)Nakheel | 3 | — | — |
| Six Senses Residences The PalmSelect Group | 14 | 6,933 | — |
| The Alba Residences 1Omniyat Properties | 6 | 8,770 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 4.40M | 1 BR Apartment · 1,110 sqftThe Palm Tower · Palm Jumeirah | 21 Oct |
| AED 2.08M | Studio Apartment · 524 sqftThe Palm Tower · Palm Jumeirah | 16 Oct |
Questions about The Palm Tower
How many properties were sold in The Palm Tower in the last year?
21 sales worth AED 72.1M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.
What is the average rent in The Palm Tower?
The median annual rent on leases registered in the last three months was AED 120K, and the best gross rental yield is about 5.5%.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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