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2-bed · 1,153 sqftPalladium Tower, Jumeirah Lake Towers (JLT) · 16th floor · completed 2007

1603, Palladium Tower

Sold prices and rental history: sold 3 times, last in October 2012, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 23 October 2012
Last soldAED 1.05M23 October 2012
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1603, Palladium Tower

What is 1603 worth today?

Last sold for AED 1,050,000 in 2012

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23 Oct 2012SoldReady
AED 1,050,000AED 910 per sqft
19 Sep 2012SoldReady
AED 822,510AED 713 per sqft
6 May 2009Sold by developerOff-plan
AED 822,510AED 713 per sqft

Source: Dubai Land Department. Updated 23 October 2012.

Key facts

Type
2-bed apartment
Size
1,153 sqft
Floor
16th of 33
Parking
1
Developer
ETA Star Property Developers
Completed
2007
Service charge
AED 14,300 /yr
Last sold
AED 1.05M · October 2012
Building
Palladium Tower

About 1603, Palladium Tower

1603 is a two-bedroom apartment of 1,153 sqft on the 16th 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 23 October 2012 for AED 1,050,000, or AED 910 per sqft, 59% above the AED 572 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1603 over time

Sales
Unit 1603, 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, May 2009: AED 822,510 (AED 713 per sqft)Sold, September 2012: AED 822,510 (AED 713 per sqft)Sold, October 2012: AED 1,050,000 (AED 910 per sqft)

1603 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1603, 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 1603 sits

All 147 2-beds →

1603 last sold in October 2012 at AED 910 per sqft, 59% above what two-beds in Palladium Tower were fetching at the time (AED 572). 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 113K /yr
Typical yield
6.3%
Palladium Tower, Jumeirah Lake Towers (JLT): prices, sales and rents →

Other units on the 16th floor

All 211 units in Palladium Tower
Value
16011-bedAED 1.09M · Jul 2024
16022-bedAED 1.3M · Nov 2023
16042-bedAED 1.72M · Jan 2026
16052-bedAED 1.72M · May 2025
16061-bedAED 715K · Apr 2013
16072-bedAED 1.4M · Feb 2014
16082-bedAED 1M · Mar 2020
1–7 of 9

1603, Palladium Tower in numbers

  • Sold 3 times: first on 6 May 2009 for AED 822,510, last on 23 October 2012 for AED 1,050,000 (AED 910 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 23 October 2012.

Questions about 1603, Palladium Tower

What did unit 1603 last sell for?

AED 1,050,000 on 23 October 2012: AED 910 per sqft for 1,153 sqft. The unit has 3 registered sales; the first was AED 822,510 in May 2009.

How big is unit 1603?

1,153 sqft (107.1 sqm): a two-bedroom apartment on the 16th floor of a 33-storey tower completed in 2007.

What is unit 1603 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 1603, Palladium Tower

Starts from the last sale price (AED 1.05M, 23 October 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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