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The Palm Tower

What tenants actually pay: the tenancies registered with Ejari, not asking rents. Understand the numbers before you rent.

119 tenancies naming The Palm Tower were registered in the last twelve months, below.

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Cornel Cohen

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Renting in The Palm Tower? Cornel can walk you through what these numbers mean for you.

Cornel is marketing 12 homes for rent in Palm Jumeirah right now.

Community
Palm Jumeirah
Handed over
2022 — the first year resales of completed homes appear in numbers on the register, not the developer’s date
First on record
2015 — an off-plan sale
Sales on record
713 — registered at the Dubai Land Department, the latest October 2026
Off-plan share
50% — 358 bought off-plan from the developer, 355 resales of a completed home

Every recorded sale in The Palm Tower — prices, sizes and the year it was handed over →

How The Palm Tower compares — every tower in Palm Jumeirah, ranked by recorded price →

Living in Palm Jumeirah — the area guide →

What a home in The Palm Tower returns on its rent — the yield calculator →

Recorded rent per sq ft
AED 229
a year · 119 contracts here, 12 months
Mean AED 232 a year
Gross yield
5.6%
1 B/R · its own rents over its own sale prices
Recorded sale price
AED 4,327
per sq ft · 713 sales on record
Handed over
2022
Derived from the register

Recorded rents

What The Palm Tower rents for, by layout

Tenancies registered with Ejari that name The Palm Tower, last twelve months. Annual rents, medians.

LayoutTypical sizeMedian rentMean rentPer sq ft / yearContracts
Studio524 sqft120,000121,86422955
1 B/R1,108 sqft245,000249,07822863

Layouts with fewer than five contracts in the year are left out. 490 contracts name this building on the register since 2023.

For comparison

Recorded rents in Palm Jumeirah

How The Palm Tower sits against its community. The full Palm Jumeirah rental report →

LayoutMedian rentMean rentNew leaseRenewalPer sq ft / yearContracts
Studio90,00093,66290,00090,000191242
1 B/R148,838154,785150,000145,0001271,043
2 B/R202,500226,108210,000200,0001181,561
3 B/R290,000329,959300,000275,000119713
4 B/R809,0001,097,6431,000,000765,000137182
5 B/R820,8981,204,2611,200,000800,00015092
6 B/R1,600,0002,066,2151,550,0001,650,00011935

Rent against price

Gross yield in The Palm Tower

This building's own recorded rent per square foot a year over its own recorded resale price per square foot, layout by layout.

LayoutRent / sq ft / yearRent fromSale / sq ftGross yield
1 B/R228This building · 634,0585.6%
Studio229This building · 554,2355.4%

Gross: before service charges, agency fees and any months empty between tenants. The sale side is completed homes sold here in the last three years, five or more of a layout.

Every tenancy, as registered

Recent contracts in The Palm Tower

The latest tenancies registered with Ejari naming this building, newest first.

StartLayoutSizeAnnual rentType
17 Oct 20261 B/R1,109235,000New lease
15 Oct 2026Studio517105,000New lease
14 Oct 20261 B/R1,075250,000New lease
14 Oct 2026Studio517105,000New lease
12 Oct 20261 B/R1,114250,000New lease
10 Oct 20261 B/R1,108220,000New lease
9 Oct 20261 B/R1,058220,500Renewal
8 Oct 20261 B/R1,055215,000New lease
2 Oct 2026Studio524110,000New lease
2 Oct 20261 B/R1,144215,000New lease
1 Oct 20261 B/R1,116235,000New lease
1 Oct 2026Studio524114,000Renewal

How often it lets

Contracts per year

New tenancies and renewals naming The Palm Tower, stacked.New leaseRenewal

53
181
163
93
2023202420252026

93 contracts in 2026 so far. The 2026 bar is part-year.

Where these numbers come from. Every rent on this page is a tenancy contract registered with Ejari, the Dubai Land Department’s rental register, read directly from the Dubai Data Exchange. It is what tenants actually agreed to pay — not asking rents, not our own estimates. Homes only: offices, shops, labour accommodation and whole-building leases are excluded, as are contracts covering several properties at one price and the register’s own typing errors. The municipality’s housing fee on the DEWA bill is 5% of the same registered rent. The register records the area a home sits in and, on about a quarter of contracts, the project — never the building on its own — so a community’s figures are its DLD area’s, and a building’s are its own only where the register names it. Medians are used rather than averages so one unusual contract cannot move the number. Data through 21 Oct 2026.

Nearby

What else to look at in Palm Jumeirah

The buildings this one sits between on recorded price per square foot, and the newest to start trading. Every one has its own page of registered prices.

BuildingRecorded salesFirst tradedMedian per sq ft
Passo by Beyond - TOWER Bnewest8620266,022
Passo by Beyond - TOWER Anewest19220255,822
Muraba Residence6020153,828
Palme Couture Residences2320183,762
Palm Beach Towers 345420223,590
Serenia Living Tower 117620223,323
Palm Beach Towers 136620223,222
Serenia Living Tower 214320223,199
Palm Beach Towers 238020223,164
The Crescent W Residences13120172,916

Medians over each building’s whole recorded history at the Dubai Land Department, so a tower that has not traded lately is still here — this is what to look at next, not what the market is doing this month. Buildings with fewer than five recorded sales are left out. “First traded” is the year the register first saw a sale in the building, which for a new tower is close to its handover.

Moving into The Palm Tower? Ejari, the DEWA move-in and your Makani number, explained.

Questions about The Palm Tower? Cornel is a message away.

Cornel Cohen

Cornel Cohen

Your agent in Palm Jumeirah