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The Palm Tower rent: what tenants really pay
Rent in The Palm Tower, Palm Jumeirah: Studio AED 120,000, 1-bed AED 240,000 a year. These are medians of 128 Ejari leases signed 16 Oct 2025–15 Oct 2026. Per sq ft, a 1-bed here is AED 228, against AED 127 across Palm Jumeirah. About 113 homes here are advertised for rent now.
Updated 21 Oct 2026 · Source: Dubai Land Department Ejari leases and listing-site adverts · Method
“The Palm Tower: you pay a premium per sq ft here, so check the view and the unit before you sign. Lots of homes are on the market; offer at the signed figure, not the advert. Ask the agent what the last tenant signed, then use the table below.”
Know the rent before you sign
What tenants in this building really paid, what landlords ask, and how hard to push.
What the leases say about The Palm Tower
- Per sq ft, a 1-bed here costs 79% more than the Palm Jumeirah median: AED 228 against AED 127. It is number 10 of 10 Palm Jumeirah buildings, cheapest first.
- New Studio tenants pay AED 120,000, renewing tenants AED 120,000. For the same home, renewing costs about the same as moving in.
- New-lease rent per sq ft fell 6% on the year, to AED 229 a sq ft.
- About 113 homes are advertised for rent against 128 leases signed in a year: a lot of choice, so there is room to negotiate.
- 29 leases end in the next 60 days, so more homes may become available soon.
Rent in The Palm Tower by bedrooms
AED a year, medians. Signed: Ejari leases 16 Oct 2025–15 Oct 2026. Asking: adverts on 16 Oct 2026, matched by building name.
| Home | New lease | Renewal | Asking | Size sq ft | AED / sq ft | Leases |
|---|---|---|---|---|---|---|
| Studio | 120,000 | 120,000 | 125,000 | 524 | 232 | 61 |
| 1-bed | 240,000 | 257,500 | 240,000 | 1,108 | 228 | 65 |
Where The Palm Tower is, and the buildings around it
Click a building to see its rents. Rents shown are median new leases, 16 Oct 2025–15 Oct 2026.
Finding
New and renewing Studio tenants in The Palm Tower pay the same for the same home.
New lease against renewal: same building, same bedrooms, size within 15%
For a Studio in this building, new and renewing tenants pay about the same. The renewal figure shows what the landlord accepts from tenants he wants to keep. Renew or move →
Finding
New-lease rent per sq ft in The Palm Tower fell 6% on the year.
Median new lease, AED a sq ft, by quarter
AED 229 a sq ft in the 12 months to 15 Oct 2026, against AED 243 the year before. Quarters with fewer than 10 new leases are left out of the chart.
Supply
29 leases in The Palm Tower end in the next 60 days.
Leases ending soon: homes that may become available
Some will renew, some will come back to the market. More homes free means more room to negotiate. Ask agents about units with a lease ending soon.
Compare: other Palm Jumeirah buildings, 1-bed
| Building | New lease | Size sq ft | AED / sq ft | Leases |
|---|---|---|---|---|
| Tiara Residence | 170,000 | 1,296 | 123 | 127 |
| Azure Residence | 160,000 | 1,143 | 131 | 74 |
| Fairmont Palm Residence | 150,000 | 1,314 | 108 | 82 |
| Royal Amwaj | 150,000 | 1,158 | 129 | 46 |
| Serenia Residences The Palm | 150,000 | 1,040 | 158 | 34 |
| Golden Mile | 127,500 | 1,304 | 100 | 109 |
| Grandeur Residences | 127,326 | 1,117 | 116 | 38 |
| Seven Hotel And Apartments The Palm | 120,000 | 715 | 167 | 102 |
Buying in Palm Jumeirah? Sale prices, every tower, resale and off-plan: Palm Jumeirah on BUY DUBAI →
Questions
How much is rent in The Palm Tower?
Rent in The Palm Tower, Palm Jumeirah: Studio AED 120,000, 1-bed AED 240,000 a year. These are medians of 128 Ejari leases signed 16 Oct 2025–15 Oct 2026. Per sq ft, a 1-bed here is AED 228, against AED 127 across Palm Jumeirah. About 113 homes here are advertised for rent now.
How much is a studio in The Palm Tower?
The median rent for a new Studio lease in The Palm Tower is AED 120,000 a year (AED 10,000 a month). The median size is 524 sq ft. This is from 36 new leases, 16 Oct 2025–15 Oct 2026.
How much is a 1 bedroom in The Palm Tower?
The median rent for a new 1-bed lease in The Palm Tower is AED 240,000 a year (AED 20,000 a month). The median size is 1,108 sq ft. This is from 41 new leases, 16 Oct 2025–15 Oct 2026.
Is it cheaper to renew or move in The Palm Tower?
For a Studio, new tenants pay a median AED 120,000 and renewing tenants AED 120,000.
Is rent going up in The Palm Tower?
Rent per sq ft on new leases in The Palm Tower: AED 229 in the 12 months to 15 Oct 2026, against AED 243 the year before.
What are the alternatives to The Palm Tower in Palm Jumeirah?
Similar rent for a 1-bed: Tiara Residence AED 170,000, Azure Residence AED 160,000, Fairmont Palm Residence AED 150,000, Royal Amwaj AED 150,000.
How we worked it out, and the limits
Updated 21 Oct 2026. Source: Dubai Land Department Ejari rent contracts. We use homes only, one unit for each contract, starting 16 Oct 2025–15 Oct 2026. "New" is a new tenant or a new contract. "Renewal" is the same contract, renewed. Bedrooms come from the Ejari unit type. "3 bed" means 3 or more. Every rent is a median: half the leases are above it. A figure needs 10 or more leases. A page needs 30 or more.
This building. Leases are matched by the Ejari project name "THE PALM TOWER". 128 leases 16 Oct 2025–15 Oct 2026, 78 new. First leases in our records: 2024. Adverts are matched by name and may include a neighbouring building. Position from OpenStreetMap.
Full method: What the leases say → · Checking a rent rise? Rent increase calculator →
Sale prices, resale and off-plan, tower facts and developer photos: BUY DUBAI, our sister site for buyers. Rents: Dubai Land Department Ejari leases.