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The Palm Tower

What people actually paid in The Palm Tower: the sales registered at the Dubai Land Department, not asking prices. Understand the numbers before you buy.

713 sales are on record at the Dubai Land Department, below.

Your agent in Palm Jumeirah

Chris Watson

Chris Watson

Secondary Director

Buying in The Palm Tower? Chris can walk you through what these numbers mean for you.

Chris is marketing 5 homes for sale 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

Recorded rents and gross yield for The Palm Tower →

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

Living in Palm Jumeirah — the area guide →

What a mortgage on a home in The Palm Tower costs a month — and the cash you need on the day →

Median sale price
AED 2.58M
34 sales · the last 12 months
Mean AED 3.57M
Median per sq ft
AED 4,327
+3.3% on the year before
Mean AED 4,463
Against Palm Jumeirah
9 of 19
Community median AED 3,593 / sq ft
Activity, 90 days
5 sales
0.5× its usual pace · 8th of 8 busiest in Palm Jumeirah

The recorded market

Price per square foot, by year

The median of every sale registered at the Dubai Land Department here. Not asking prices.

308
4,327
151617181920212223242526

The low was 2016 at AED 298 a square foot, and it has recovered 1352% since.

What sells here

By size

Registered sales in the last three years. Sizes are the registered floor area.

LayoutTypical sizeMedian priceMean pricePer sq ftSales
Studio524 sqft2,200,0002,165,3854,23562
1 B/R1,057 sqft4,200,0004,598,7444,05863

Layouts that have sold fewer than five times in three years are left out — too few to quote a median, so we do not guess at one.

Every sale, as registered

Recent sales in The Palm Tower

The last transfers recorded at the Dubai Land Department, newest first.

DateLayoutSizePricePer sq ft
16 Oct 2026Studio5242,075,0003,961
13 Oct 20261 B/R1,0364,100,0003,958
5 Oct 20261 B/R1,0545,500,0005,216
24 Aug 20261 B/R1,0767,450,0006,923
12 Aug 20261 B/R1,0563,825,0003,623
15 Jul 2026Studio5232,250,0004,301
2 Jul 2026Studio5242,120,0004,048
8 Jun 2026Studio5231,950,0003,725
1 Jun 2026Studio5182,100,0004,057
4 May 20261 B/R1,1094,500,0004,058
9 Apr 2026Studio5242,230,0004,259
7 Apr 2026Studio4942,150,0004,351

How often it trades

Sales per year

Off-plan sales dominate a building’s first years; resales take over after handover.Off-planResale

144
26
151617181920212223242526

Of the 713 sales on record, 358 were bought off-plan from the developer and 355 were resales of a finished home. The changeover in 2022 is the handover. The 2026 bar is part-year.

In context

Where it sits in Palm Jumeirah

The Palm Tower is the 9th most expensive of the 19 Palm Jumeirah buildings with at least fifteen recorded sales in the last year. These are its immediate neighbours on price.

RankBuildingSales, 12 monthsMedian per sq ft
6Vitalia by Pinnacle164,712
7Serenia Living Tower 2184,604
8Serenia Living Tower 1304,556
9The Palm Tower344,327
10Palm Beach Towers 1153,558
11Seven Palm513,456
12Palm Beach Towers 2183,290

Palm Jumeirah as a whole: AED 3,593 a square foot across 1,057 sales in the last twelve months.

Where the market is moving

The busiest buildings in Palm Jumeirah

The Palm Tower ranks 8th of the 8 Palm Jumeirah buildings with five or more completed-home sales in the ninety days to 19 Oct 2026. These are the five ahead of it, and its own row.

RankBuildingSales, 90 daysAgainst its usual pace
1Serenia Living Tower 11411.2×
2The Fairmont Palm Residence North81.9×
3Al Sarrood74.0×
4Seven Palm70.5×
5Serenia Living Tower 266.0×
8The Palm Tower50.5×

Completed homes only, by the date the Dubai Land Department registered the transfer — the ninety days to 19 Oct 2026. Buildings with fewer than five sales in the window are not ranked. The ten busiest in Palm Jumeirah, with pace against each building’s own year before.

Where these numbers come from. Every figure on this page is drawn from the Dubai Land Department’s transaction register, read directly from the Dubai Data Exchange. It is what buyers actually paid, recorded at transfer — not asking prices, not valuations, not our own estimates. Mortgage registrations, gift transfers, rent-to-own contracts and developers’ own filings are all excluded; none of them is a price a buyer paid. Medians are used rather than averages so one unusual sale cannot move the number. Data through 19 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.

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

Chris Watson

Chris Watson

Your agent in Palm Jumeirah