2-bed · 1,153 sqftPalladium Tower, Jumeirah Lake Towers (JLT) · 12th floor · completed 2007

1203, Palladium Tower

Sold prices and rental history: sold twice, last in December 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 15 August 2025
Last soldAED 599K27 December 2011
Current rentAED 115K /yr15 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Palladium Tower

What is 1203 worth today?

Last sold for AED 598,757 in 2011

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15 Aug 2025RentedNew contract
AED 115,000/yr12 months · AED 100 per sqft
10 Aug 2022RentedNew contract
AED 82,000/yr12 months · AED 71 per sqft
8 Jul 2021RentedRenewal
AED 68,000/yr12 months · AED 59 per sqft
8 Jul 2020RentedRenewal
AED 75,000/yr12 months · AED 65 per sqft
8 Jul 2019RentedRenewal
AED 83,000/yr12 months · AED 72 per sqft
8 Jul 2018RentedNew contract
AED 85,000/yr12 months · AED 74 per sqft
1 May 2017RentedNew contract
AED 105,000/yr12 months · AED 91 per sqft
12 Feb 2016RentedRenewal
AED 114,320/yr12 months · AED 99 per sqft

Source: Dubai Land Department. Updated 15 August 2025.

Key facts

Type
2-bed apartment
Size
1,153 sqft
Floor
12th of 33
Parking
1
Developer
ETA Star Property Developers
Completed
2007
Service charge
AED 14,300 /yr
Last sold
AED 599K · December 2011

About 1203, Palladium Tower

1203 is a two-bedroom apartment of 1,153 sqft on the 12th floor of Palladium Tower, a 33-storey tower in Jumeirah Lake Towers (JLT) completed in 2007 by ETA Star Property Developers. It last sold on 27 December 2011 for AED 598,757, or AED 519 per sqft, in line with the AED 519 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 15 August 2025, is AED 115,000 a year: a gross yield of 19.2% on the 2011 price, before the service charge of about AED 14,300 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, each saleTypical two-bed in Palladium Tower
1M2009201420192024Typical sale price by year: 2009 AED 620,230; 2010 AED 823,373; 2011 AED 598,757; 2012 AED 744,735; 2013 AED 727,188; 2014 AED 953,575; 2015 AED 1,420,000; 2016 AED 894,982; 2017 AED 1,385,000; 2018 AED 1,200,000; 2019 AED 932,500; 2020 AED 890,000; 2021 AED 945,000; 2022 AED 1,180,000; 2023 AED 1,230,000; 2024 AED 1,575,000; 2025 AED 1,700,000; 2026 AED 1,715,000Sold by developer, August 2009: AED 598,757 (AED 519 per sqft)Sold, December 2011: AED 598,757 (AED 519 per sqft)

1203 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1203, each contractTypical two-bed in Palladium Tower
75K100K125K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 90,000; 2014 AED 105,292; 2015 AED 115,500; 2016 AED 114,660; 2017 AED 106,630; 2018 AED 90,000; 2019 AED 82,000; 2020 AED 70,000; 2021 AED 68,000; 2022 AED 77,000; 2023 AED 90,000; 2024 AED 104,500; 2025 AED 112,000; 2026 AED 110,000New contract, August 2014: AED 84,434 a yearNew contract, February 2015: AED 120,000 a yearRenewal, February 2016: AED 114,320 a yearNew contract, May 2017: AED 105,000 a yearNew contract, July 2018: AED 85,000 a yearRenewal, July 2019: AED 83,000 a yearRenewal, July 2020: AED 75,000 a yearRenewal, July 2021: AED 68,000 a yearNew contract, August 2022: AED 82,000 a yearNew contract, August 2025: AED 115,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Palladium Tower, and where 1203 sits

All 147 2-beds →

1203 last sold in December 2011 at AED 519 per sqft, in line with what two-beds in Palladium Tower were fetching at the time (AED 519). Over the last 12 months two-beds sold for AED 1,331,272 to 1,975,000, around AED 1,492 per sqft, and rent for AED 25,000 to 130,000 a year. 1203's AED 115,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 May 20261,725,000
30 Mar 20261,710,000
17 Mar 20261,700,000
24 Feb 20261,700,000
10 2-bed sales in the last 12 months

Palladium Tower

Building

211 apartments, 1-bed to 3-bed over 33 floors in Jumeirah Lake Towers (JLT), completed in 2007 by ETA Star Property Developers. 13 sold in the last 12 months.

Typical price per sqft
AED 1,474 Up 4.2%
Typical sale
AED 1.72M
Typical rent
AED 113K /yr
Typical yield
6.3%
Palladium Tower, Jumeirah Lake Towers (JLT): prices, sales and rents →

Other units on the 12th floor

All 211 units in Palladium Tower
Value
12011-bedAED 950K · Aug 2023
12022-bedAED 890K · Oct 2012
12042-bedAED 549K · Nov 2013
12052-bedAED 1.71M · Mar 2026
12061-bedAED 568K · Jun 2016
12072-bedAED 875K · Jan 2021
12082-bedAED 900K · May 2012
1–7 of 9

1203, Palladium Tower in numbers

  • Sold twice: first on 5 August 2009 for AED 598,757, last on 27 December 2011 for AED 598,757 (AED 519 per sqft).
  • Rented since August 2014 on 10 Ejari contracts. The rent fell from AED 84,434 to AED 68,000 in 2021 and recovered to AED 115,000 by August 2025.
  • At AED 115,000 a year the gross yield on the 2011 price is 19.2%, before a service charge of about AED 14,300 a year (AED 12.39 per sqft).
  • Two-beds in Palladium Tower sold for AED 1,331,272–1,975,000 in the 12 months to November 2026; the building's median across all types is AED 1,474 per sqft.

Source: Dubai Land Department. Updated 15 August 2025.

Questions about 1203, Palladium Tower

What did unit 1203 last sell for?

AED 598,757 on 27 December 2011: AED 519 per sqft for 1,153 sqft. The unit has 2 registered sales; the first was AED 598,757 in August 2009.

What is the rent for unit 1203?

AED 115,000 a year on the contract signed on 15 August 2025. The previous contract, from August 2022, was AED 82,000; the unit has been rented since August 2014.

How big is unit 1203?

1,153 sqft (107.1 sqm): a two-bedroom apartment on the 12th floor of a 33-storey tower completed in 2007.

What is unit 1203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Palladium Tower sold for AED 1,331,272 to 1,975,000 in the last 12 months, around AED 1,492 per sqft.

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Mortgage on 1203, Palladium Tower

Starts from the last sale price (AED 599K, 27 December 2011). Switch to today's estimate once you have unlocked it.
Price
AED 598,757
Deposit, UAE resident (20%)
AED 119,751
Deposit, non-resident (40%)
AED 239,503
Monthly over 25 years at 3.7%
AED 2,450

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →