2-bed · 1,153 sqftPalladium Tower, Jumeirah Lake Towers (JLT) · 14th floor · completed 2007

1404, Palladium Tower

Sold prices and rental history: sold twice, last in December 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1404 · DLD and Ejari recordsUpdated 15 November 2021
Last soldAED 1.4M12 December 2017
Current rentAED 66K /yr15 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1404, Palladium Tower

What is 1404 worth today?

Last sold for AED 1,400,000 in 2017

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15 Nov 2021RentedRenewal
AED 66,000/yr12 months · AED 57 per sqft
15 Nov 2020RentedNew contract
AED 64,000/yr12 months · AED 56 per sqft
15 Aug 2018RentedNew contract
AED 85,000/yr12 months · AED 74 per sqft
12 Dec 2017SoldReady
AED 1,400,000AED 1,214 per sqft
23 May 2016RentedNew contract
AED 110,000/yr12 months · AED 96 per sqft
7 May 2014RentedNew contract
AED 125,000/yr12 months · AED 109 per sqft
3 Oct 2013Sold by developerReady
AED 573,697AED 497 per sqft

Source: Dubai Land Department. Updated 15 November 2021.

Key facts

Type
2-bed apartment
Size
1,153 sqft
Floor
14th of 33
Parking
1
Developer
ETA Star Property Developers
Completed
2007
Service charge
AED 14,300 /yr
Last sold
AED 1.4M · December 2017

About 1404, Palladium Tower

1404 is a two-bedroom apartment of 1,153 sqft on the 14th 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 12 December 2017 for AED 1,400,000, or AED 1,214 per sqft, in line with the AED 1,184 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 15 November 2021, is AED 66,000 a year: a gross yield of 4.7% on the 2017 price, before the service charge of about AED 14,300 a year.

Sales and rents for 1404 over time

Sales
Unit 1404, 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, October 2013: AED 573,697 (AED 497 per sqft)Sold, December 2017: AED 1,400,000 (AED 1,214 per sqft)

1404 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1404, each contractTypical two-bed in Palladium Tower
100K2012201620202024Typical 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, May 2014: AED 125,000 a yearNew contract, May 2016: AED 110,000 a yearNew contract, August 2018: AED 85,000 a yearNew contract, November 2020: AED 64,000 a yearRenewal, November 2021: AED 66,000 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 1404 sits

All 147 2-beds →

1404 last sold in December 2017 at AED 1,214 per sqft, in line with what two-beds in Palladium Tower were fetching at the time (AED 1,184). 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. 1404's AED 66,000 is in the lower 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 14th floor

All 211 units in Palladium Tower
Value
14011-bedAED 1.22M · Jan 2025
14022-bedAED 1.79M · Jan 2026
14032-bedAED 574K · Oct 2013
14052-bedAED 1.7M · Oct 2014
14061-bedAED 1.19M · Sep 2024
14072-bedAED 1.28M · Oct 2023
14082-bedAED 574K · Feb 2012
1–7 of 9

1404, Palladium Tower in numbers

  • Sold twice: first on 3 October 2013 for AED 573,697, last on 12 December 2017 for AED 1,400,000 (AED 1,214 per sqft).
  • Rented since May 2014 on 5 Ejari contracts, from AED 125,000 to AED 66,000 a year.
  • At AED 66,000 a year the gross yield on the 2017 price is 4.7%, 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 November 2021.

Questions about 1404, Palladium Tower

What did unit 1404 last sell for?

AED 1,400,000 on 12 December 2017: AED 1,214 per sqft for 1,153 sqft. The unit has 2 registered sales; the first was AED 573,697 in October 2013.

What is the rent for unit 1404?

AED 66,000 a year on the contract renewed on 15 November 2021. The previous contract, from November 2020, was AED 64,000; the unit has been rented since May 2014.

How big is unit 1404?

1,153 sqft (107.1 sqm): a two-bedroom apartment on the 14th floor of a 33-storey tower completed in 2007.

What is unit 1404 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 1404, Palladium Tower

Starts from the last sale price (AED 1.4M, 12 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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