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

1209, Palladium Tower

Sold prices and rental history: sold 3 times, last in July 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1209 · DLD and Ejari recordsUpdated 14 July 2016
Last soldAED 1.37M14 July 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1209, Palladium Tower

What is 1209 worth today?

Last sold for AED 1,370,000 in 2016

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14 Jul 2016SoldReady
AED 1,370,000AED 1,188 per sqft
25 Sep 2014SoldReady
AED 1,600,000AED 1,387 per sqft
5 Jun 2014Sold by developerReady
AED 598,757AED 519 per sqft

Source: Dubai Land Department. Updated 14 July 2016.

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 1.37M · July 2016

About 1209, Palladium Tower

1209 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 14 July 2016 for AED 1,370,000, or AED 1,188 per sqft, in line with the AED 1,188 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1209 over time

Sales
Unit 1209, 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, June 2014: AED 598,757 (AED 519 per sqft)Sold, September 2014: AED 1,600,000 (AED 1,387 per sqft)Sold, July 2016: AED 1,370,000 (AED 1,188 per sqft)

1209 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1209, each contractTypical two-bed in Palladium Tower
75K100K2012201620202024Typical 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 110,000

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 1209 sits

All 147 2-beds →

1209 last sold in July 2016 at AED 1,188 per sqft, in line with what two-beds in Palladium Tower were fetching at the time (AED 1,188). 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.

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 114K /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
12032-bedAED 599K · Dec 2011
12042-bedAED 549K · Nov 2013
12052-bedAED 1.71M · Mar 2026
12061-bedAED 568K · Jun 2016
12072-bedAED 875K · Jan 2021
1–7 of 9

1209, Palladium Tower in numbers

  • Sold 3 times: first on 5 June 2014 for AED 598,757, last on 14 July 2016 for AED 1,370,000 (AED 1,188 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 14 July 2016.

Questions about 1209, Palladium Tower

What did unit 1209 last sell for?

AED 1,370,000 on 14 July 2016: AED 1,188 per sqft for 1,153 sqft. The unit has 3 registered sales; the first was AED 598,757 in June 2014.

How big is unit 1209?

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 1209 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 1209, Palladium Tower

Starts from the last sale price (AED 1.37M, 14 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,370,000
Deposit, UAE resident (20%)
AED 274,000
Deposit, non-resident (40%)
AED 548,000
Monthly over 25 years at 3.7%
AED 5,605

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