2-bed · 1,187 sqftPalladium Tower, Jumeirah Lake Towers (JLT) · 16th floor · completed 2007

1605, Palladium Tower

Sold prices and rental history: sold 3 times, last in May 2025, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1605 · DLD and Ejari recordsUpdated 15 May 2025
Last soldAED 1.72M15 May 2025
Current rentAED 105K /yr25 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1605, Palladium Tower

What is 1605 worth today?

Last sold for AED 1,720,000 in 2025

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15 May 2025SoldReady
AED 1,720,000AED 1,448 per sqft
25 Apr 2024RentedRenewal
AED 105,000/yr12 months · AED 89 per sqft
25 Apr 2023RentedNew contract
AED 100,000/yr12 months · AED 84 per sqft
17 Dec 2020RentedRenewal
AED 65,000/yr6 months · AED 55 per sqft
17 Dec 2019RentedNew contract
AED 75,000/yr12 months · AED 63 per sqft
10 Dec 2018RentedRenewal
AED 90,000/yr12 months · AED 76 per sqft
10 Dec 2017RentedNew contract
AED 90,000/yr12 months · AED 76 per sqft
27 Nov 2016RentedRenewal
AED 130,000/yr12 months · AED 110 per sqft

Source: Dubai Land Department. Updated 15 May 2025.

Key facts

Type
2-bed apartment
Size
1,187 sqft
Floor
16th of 33
Parking
1
Developer
ETA Star Property Developers
Completed
2007
Service charge
AED 14,700 /yr
Last sold
AED 1.72M · May 2025

About 1605, Palladium Tower

1605 is a two-bedroom apartment of 1,187 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 15 May 2025 for AED 1,720,000, or AED 1,448 per sqft, in line with the AED 1,423 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 25 April 2024, is AED 105,000 a year: a gross yield of 6.1% on the 2025 price, before the service charge of about AED 14,700 a year.

Sales and rents for 1605 over time

Sales
Unit 1605, 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 855,290 (AED 720 per sqft)Sold, February 2012: AED 855,290 (AED 720 per sqft)Sold, May 2025: AED 1,720,000 (AED 1,448 per sqft)

1605 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1605, 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, November 2012: AED 72,500 a yearNew contract, November 2014: AED 130,000 a yearRenewal, November 2015: AED 130,000 a yearRenewal, November 2016: AED 130,000 a yearNew contract, December 2017: AED 90,000 a yearRenewal, December 2018: AED 90,000 a yearNew contract, December 2019: AED 75,000 a yearRenewal, December 2020: AED 65,000 a yearNew contract, April 2023: AED 100,000 a yearRenewal, April 2024: AED 105,000 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 1605 sits

All 147 2-beds →

1605 last sold in May 2025 at AED 1,448 per sqft, in line with what two-beds in Palladium Tower were fetching at the time (AED 1,423). 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. 1605's AED 105,000 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 16th floor

All 211 units in Palladium Tower
Value
16011-bedAED 1.09M · Jul 2024
16022-bedAED 1.3M · Nov 2023
16032-bedAED 1.05M · Oct 2012
16042-bedAED 1.72M · Jan 2026
16061-bedAED 715K · Apr 2013
16072-bedAED 1.4M · Feb 2014
16082-bedAED 1M · Mar 2020
1–7 of 9

1605, Palladium Tower in numbers

  • Sold 3 times: first on 5 August 2009 for AED 855,290, last on 15 May 2025 for AED 1,720,000 (AED 1,448 per sqft).
  • Rented since November 2012 on 10 Ejari contracts. The rent fell from AED 72,500 to AED 65,000 in 2020 and recovered to AED 105,000 by April 2024.
  • At AED 105,000 a year the gross yield on the 2025 price is 6.1%, before a service charge of about AED 14,700 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 May 2025.

Questions about 1605, Palladium Tower

What did unit 1605 last sell for?

AED 1,720,000 on 15 May 2025: AED 1,448 per sqft for 1,187 sqft. The unit has 3 registered sales; the first was AED 855,290 in August 2009.

What is the rent for unit 1605?

AED 105,000 a year on the contract renewed on 25 April 2024. The previous contract, from April 2023, was AED 100,000; the unit has been rented since November 2012.

How big is unit 1605?

1,187 sqft (110.3 sqm): a two-bedroom apartment on the 16th floor of a 33-storey tower completed in 2007.

What is unit 1605 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 1605, Palladium Tower

Starts from the last sale price (AED 1.72M, 15 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,720,000
Deposit, UAE resident (20%)
AED 344,000
Deposit, non-resident (40%)
AED 688,000
Monthly over 25 years at 3.7%
AED 7,037

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