1206, Palladium Tower
Sold prices and rental history: sold 3 times, last in June 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1206, Palladium Tower
What is 1206 worth today?
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Source: Dubai Land Department. Updated 10 February 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 993 sqft
- Floor
- 12th of 33
- Parking
- 1
- Developer
- ETA Star Property Developers
- Completed
- 2007
- Service charge
- AED 12,300 /yr
- Last sold
- AED 568K · June 2016
- Building
- Palladium Tower
About 1206, Palladium Tower
1206 is a one-bedroom apartment of 993 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 29 June 2016 for AED 567,500, or AED 571 per sqft, in line with the AED 571 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 10 February 2024, is AED 85,000 a year: a gross yield of 15.0% on the 2016 price, before the service charge of about AED 12,300 a year.
Sales and rents for 1206 over time
1206 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Palladium Tower, and where 1206 sits
All 28 1-beds →1206 last sold in June 2016 at AED 571 per sqft, in line with what one-beds in Palladium Tower were fetching at the time (AED 571). Over the last 12 months one-beds sold for AED 1,164,319 to 1,315,000, around AED 1,248 per sqft, and rent for AED 72,600 to 102,000 a year. 1206's AED 85,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 May 20267 May 2026 | 993 sqft | 1,164,319 | 1,172 | ||
| 8 Apr 20268 April 2026 | 993 sqft | 1,315,000 | 1,324 | ||
| 27 Jan 202527 January 2025 | 993 sqft | 1,220,000 | 1,228 | ||
| 12 Dec 202412 December 2024 | 993 sqft | 1,150,000 | 1,158 |
Palladium Tower
Building211 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%
Other units on the 12th floor
All 211 units in Palladium Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 993 sqft | AED 950KAED 950,000 · Aug 2023August 2023 | 107,000 /yr | |
| 1202 | 2-bed | 1,187 sqft | AED 890KAED 890,250 · Oct 2012October 2012 | ||
| 1203 | 2-bed | 1,153 sqft | AED 599KAED 598,757 · Dec 2011December 2011 | 115,000 /yr | |
| 1204 | 2-bed | 1,153 sqft | AED 549KAED 548,757 · Nov 2013November 2013 | 110,000 /yr | |
| 1205 | 2-bed | 1,187 sqft | AED 1.71MAED 1,710,000 · Mar 2026March 2026 | 115,000 /yr | |
| 1207 | 2-bed | 1,187 sqft | AED 875KAED 875,000 · Jan 2021January 2021 | 125,000 /yr | |
| 1208 | 2-bed | 1,153 sqft | AED 900KAED 900,000 · May 2012May 2012 | 90,000 /yr | |
| 1209 | 2-bed | 1,153 sqft | AED 1.37MAED 1,370,000 · Jul 2016July 2016 | ||
| 1210 | 2-bed | 1,187 sqft | AED 650KAED 650,000 · Oct 2012October 2012 | 110,000 /yr |
1206, Palladium Tower in numbers
- Sold 3 times: first on 12 April 2011 for AED 522,606, last on 29 June 2016 for AED 567,500 (AED 571 per sqft).
- Rented since January 2013 on 5 Ejari contracts, from AED 70,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2016 price is 15.0%, before a service charge of about AED 12,300 a year (AED 12.39 per sqft).
- One-beds in Palladium Tower sold for AED 1,164,319–1,315,000 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 10 February 2024.
Questions about 1206, Palladium Tower
What did unit 1206 last sell for?
AED 567,500 on 29 June 2016: AED 571 per sqft for 993 sqft. The unit has 3 registered sales; the first was AED 522,606 in April 2011.
What is the rent for unit 1206?
AED 85,000 a year on the contract renewed on 10 February 2024. The previous contract, from February 2023, was AED 80,000; the unit has been rented since January 2013.
How big is unit 1206?
993 sqft (92.3 sqm): a one-bedroom apartment on the 12th floor of a 33-storey tower completed in 2007.
What is unit 1206 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Palladium Tower sold for AED 1,164,319 to 1,315,000 in the last 12 months, around AED 1,248 per sqft.
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Mortgage on 1206, Palladium Tower
Starts from the last sale price (AED 568K, 29 June 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 567,500
- Deposit, UAE resident (20%)
- AED 113,500
- Deposit, non-resident (40%)
- AED 227,000
- Monthly over 25 years at 3.7%
- AED 2,322
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →