1606, Palladium Tower
Sold prices and rental history: sold twice, last in April 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1606, Palladium Tower
What is 1606 worth today?
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Source: Dubai Land Department. Updated 10 September 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 993 sqft
- Floor
- 16th of 33
- Parking
- 1
- Developer
- ETA Star Property Developers
- Completed
- 2007
- Service charge
- AED 12,300 /yr
- Last sold
- AED 715K · April 2013
- Building
- Palladium Tower
About 1606, Palladium Tower
1606 is a one-bedroom apartment of 993 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 8 April 2013 for AED 715,380, or AED 720 per sqft, 33% above the AED 540 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 10 September 2025, is AED 84,000 a year: a gross yield of 11.7% on the 2013 price, before the service charge of about AED 12,300 a year.
Sales and rents for 1606 over time
1606 has sold twice; 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 1606 sits
All 28 1-beds →1606 last sold in April 2013 at AED 720 per sqft, 33% above what one-beds in Palladium Tower were fetching at the time (AED 540). 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. 1606's AED 84,000 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 114K /yr
- Typical yield
- 6.3%
Other units on the 16th floor
All 211 units in Palladium Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 993 sqft | AED 1.09MAED 1,090,000 · Jul 2024July 2024 | 52,800 /yr | |
| 1602 | 2-bed | 1,187 sqft | AED 1.3MAED 1,300,000 · Nov 2023November 2023 | 82,500 /yr | |
| 1603 | 2-bed | 1,153 sqft | AED 1.05MAED 1,050,000 · Oct 2012October 2012 | ||
| 1604 | 2-bed | 1,153 sqft | AED 1.72MAED 1,715,000 · Jan 2026January 2026 | 104,000 /yr | |
| 1605 | 2-bed | 1,187 sqft | AED 1.72MAED 1,720,000 · May 2025May 2025 | 105,000 /yr | |
| 1607 | 2-bed | 1,187 sqft | AED 1.4MAED 1,400,000 · Feb 2014February 2014 | 120,000 /yr | |
| 1608 | 2-bed | 1,153 sqft | AED 1MAED 1,000,000 · Mar 2020March 2020 | 126,000 /yr | |
| 1609 | 2-bed | 1,153 sqft | AED 1.7MAED 1,700,000 · Jul 2014July 2014 | 102,000 /yr | |
| 1610 | 2-bed | 1,187 sqft | AED 1.1MAED 1,100,000 · Oct 2012October 2012 |
1606, Palladium Tower in numbers
- Sold twice: first on 5 August 2009 for AED 715,380, last on 8 April 2013 for AED 715,380 (AED 720 per sqft).
- Rented since February 2015 on 10 Ejari contracts. The rent fell from AED 90,000 to AED 48,000 in 2021 and recovered to AED 84,000 by September 2025.
- At AED 84,000 a year the gross yield on the 2013 price is 11.7%, 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 September 2025.
Questions about 1606, Palladium Tower
What did unit 1606 last sell for?
AED 715,380 on 8 April 2013: AED 720 per sqft for 993 sqft. The unit has 2 registered sales; the first was AED 715,380 in August 2009.
What is the rent for unit 1606?
AED 84,000 a year on the contract signed on 10 September 2025. The previous contract, from August 2024, was AED 90,000; the unit has been rented since February 2015.
How big is unit 1606?
993 sqft (92.3 sqm): a one-bedroom apartment on the 16th floor of a 33-storey tower completed in 2007.
What is unit 1606 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 1606, Palladium Tower
Starts from the last sale price (AED 715K, 8 April 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 715,380
- Deposit, UAE resident (20%)
- AED 143,076
- Deposit, non-resident (40%)
- AED 286,152
- Monthly over 25 years at 3.7%
- AED 2,927
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →