1608, Palladium Tower
Sold prices and rental history: sold 4 times, last in March 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1608, Palladium Tower
What is 1608 worth today?
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Source: Dubai Land Department. Updated 13 August 2026.
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 1M · March 2020
- Building
- Palladium Tower
About 1608, Palladium Tower
1608 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 16 March 2020 for AED 1,000,000, or AED 867 per sqft, 7% above the AED 808 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 13 August 2026, is AED 126,000 a year: a gross yield of 12.6% on the 2020 price, before the service charge of about AED 14,300 a year.
Sales and rents for 1608 over time
1608 has sold 4 times; the dashed line is the two-bed median of each year in the building.
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 1608 sits
All 147 2-beds →1608 last sold in March 2020 at AED 867 per sqft, 7% above what two-beds in Palladium Tower were fetching at the time (AED 808). 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. 1608's AED 126,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 May 202622 May 2026 | 1,153 sqft | 1,725,000 | 1,496 | ||
| 30 Mar 202630 March 2026 | 1,187 sqft | 1,710,000 | 1,440 | ||
| 17 Mar 202617 March 2026 | 1,153 sqft | 1,700,000 | 1,474 | ||
| 24 Feb 202624 February 2026 | 1,187 sqft | 1,700,000 | 1,432 |
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 113K /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 | |
| 1606 | 1-bed | 993 sqft | AED 715KAED 715,380 · Apr 2013April 2013 | 84,000 /yr | |
| 1607 | 2-bed | 1,187 sqft | AED 1.4MAED 1,400,000 · Feb 2014February 2014 | 120,000 /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 |
1608, Palladium Tower in numbers
- Sold 4 times: first on 14 July 2011 for AED 772,510, last on 16 March 2020 for AED 1,000,000 (AED 867 per sqft).
- Rented since April 2013 on 10 Ejari contracts, from AED 95,000 to AED 126,000 a year.
- At AED 126,000 a year the gross yield on the 2020 price is 12.6%, 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 13 August 2026.
Questions about 1608, Palladium Tower
What did unit 1608 last sell for?
AED 1,000,000 on 16 March 2020: AED 867 per sqft for 1,153 sqft. The unit has 4 registered sales; the first was AED 772,510 in July 2011.
What is the rent for unit 1608?
AED 126,000 a year on the contract renewed on 13 August 2026. The previous contract, from August 2025, was AED 126,000; the unit has been rented since April 2013.
How big is unit 1608?
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 1608 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 1608, Palladium Tower
Starts from the last sale price (AED 1M, 16 March 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →