1609, Palladium Tower
Sold prices and rental history: sold 3 times, last in July 2014, 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 1609, Palladium Tower
What is 1609 worth today?
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Source: Dubai Land Department. Updated 21 September 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 1.7M · July 2014
- Building
- Palladium Tower
About 1609, Palladium Tower
1609 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 13 July 2014 for AED 1,700,000, or AED 1,474 per sqft, 108% above the AED 710 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 21 September 2026, is AED 102,000 a year: a gross yield of 6.0% on the 2014 price, before the service charge of about AED 14,300 a year.
Sales and rents for 1609 over time
1609 has sold 3 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 1609 sits
All 147 2-beds →1609 last sold in July 2014 at AED 1,474 per sqft, 108% above what two-beds in Palladium Tower were fetching at the time (AED 710). 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. 1609's AED 102,000 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 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 | |
| 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 | |
| 1608 | 2-bed | 1,153 sqft | AED 1MAED 1,000,000 · Mar 2020March 2020 | 126,000 /yr | |
| 1610 | 2-bed | 1,187 sqft | AED 1.1MAED 1,100,000 · Oct 2012October 2012 |
1609, Palladium Tower in numbers
- Sold 3 times: first on 10 March 2010 for AED 832,510, last on 13 July 2014 for AED 1,700,000 (AED 1,474 per sqft).
- Rented since June 2013 on 11 Ejari contracts. The rent fell from AED 95,000 to AED 68,000 in 2021 and recovered to AED 102,000 by September 2026.
- At AED 102,000 a year the gross yield on the 2014 price is 6.0%, 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 21 September 2026.
Questions about 1609, Palladium Tower
What did unit 1609 last sell for?
AED 1,700,000 on 13 July 2014: AED 1,474 per sqft for 1,153 sqft. The unit has 3 registered sales; the first was AED 832,510 in March 2010.
What is the rent for unit 1609?
AED 102,000 a year on the contract renewed on 21 September 2026. The previous contract, from September 2025, was AED 105,000; the unit has been rented since June 2013.
How big is unit 1609?
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 1609 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 1609, Palladium Tower
Starts from the last sale price (AED 1.7M, 13 July 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,700,000
- Deposit, UAE resident (20%)
- AED 340,000
- Deposit, non-resident (40%)
- AED 680,000
- Monthly over 25 years at 3.7%
- AED 6,955
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →