2-bed · 1,153 sqftPalladium Tower, Jumeirah Lake Towers (JLT) · 17th floor · completed 2007

1709, Palladium Tower

Sold prices and rental history: sold twice, last in October 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1709 · DLD and Ejari recordsUpdated 20 July 2023
Last soldAED 1.23M13 October 2022
Current rentAED 90K /yr20 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1709, Palladium Tower

What is 1709 worth today?

Last sold for AED 1,225,000 in 2022

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20 Jul 2023RentedRenewal
AED 90,000/yr12 months · AED 78 per sqft
13 Oct 2022SoldReady
AED 1,225,000AED 1,062 per sqft
20 Jul 2022RentedNew contract
AED 80,000/yr12 months · AED 69 per sqft
20 Jul 2021RentedRenewal
AED 72,000/yr12 months · AED 63 per sqft
20 Jul 2020RentedRenewal
AED 72,000/yr12 months · AED 63 per sqft
20 Jul 2019RentedRenewal
AED 85,000/yr12 months · AED 74 per sqft
20 Jul 2018RentedRenewal
AED 90,000/yr12 months · AED 78 per sqft
20 Jul 2017RentedRenewal
AED 115,500/yr12 months · AED 100 per sqft

Source: Dubai Land Department. Updated 20 July 2023.

Key facts

Type
2-bed apartment
Size
1,153 sqft
Floor
17th of 33
Parking
1
Developer
ETA Star Property Developers
Completed
2007
Service charge
AED 14,300 /yr
Last sold
AED 1.23M · October 2022

About 1709, Palladium Tower

1709 is a two-bedroom apartment of 1,153 sqft on the 17th 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 October 2022 for AED 1,225,000, or AED 1,062 per sqft, 5% above the AED 1,008 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 20 July 2023, is AED 90,000 a year: a gross yield of 7.3% on the 2022 price, before the service charge of about AED 14,300 a year.

Sales and rents for 1709 over time

Sales
Unit 1709, 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, February 2012: AED 838,275 (AED 727 per sqft)Sold, October 2022: AED 1,225,000 (AED 1,062 per sqft)

1709 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1709, 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 110,000New contract, July 2013: AED 80,000 a yearNew contract, July 2014: AED 105,000 a yearNew contract, July 2015: AED 115,500 a yearRenewal, July 2016: AED 115,500 a yearRenewal, July 2017: AED 115,500 a yearRenewal, July 2018: AED 90,000 a yearRenewal, July 2019: AED 85,000 a yearRenewal, July 2020: AED 72,000 a yearRenewal, July 2021: AED 72,000 a yearNew contract, July 2022: AED 80,000 a yearRenewal, July 2023: AED 90,000 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 1709 sits

All 147 2-beds →

1709 last sold in October 2022 at AED 1,062 per sqft, 5% above what two-beds in Palladium Tower were fetching at the time (AED 1,008). 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. 1709's AED 90,000 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 114K /yr
Typical yield
6.3%
Palladium Tower, Jumeirah Lake Towers (JLT): prices, sales and rents →

Other units on the 17th floor

All 211 units in Palladium Tower
Value
17011-bedAED 1.32M · Apr 2026
17022-bedAED 1.68M · May 2025
17032-bedNo registered sale
17042-bedAED 1.3M · Oct 2015
17052-bedAED 1.56M · Jul 2024
17061-bedAED 576K · May 2009
17072-bedAED 861K · Apr 2013
1–7 of 9

1709, Palladium Tower in numbers

  • Sold twice: first on 1 February 2012 for AED 838,275, last on 13 October 2022 for AED 1,225,000 (AED 1,062 per sqft).
  • Rented since July 2013 on 11 Ejari contracts, from AED 80,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2022 price is 7.3%, 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 20 July 2023.

Questions about 1709, Palladium Tower

What did unit 1709 last sell for?

AED 1,225,000 on 13 October 2022: AED 1,062 per sqft for 1,153 sqft. The unit has 2 registered sales; the first was AED 838,275 in February 2012.

What is the rent for unit 1709?

AED 90,000 a year on the contract renewed on 20 July 2023. The previous contract, from July 2022, was AED 80,000; the unit has been rented since July 2013.

How big is unit 1709?

1,153 sqft (107.1 sqm): a two-bedroom apartment on the 17th floor of a 33-storey tower completed in 2007.

What is unit 1709 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 1709, Palladium Tower

Starts from the last sale price (AED 1.23M, 13 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,225,000
Deposit, UAE resident (20%)
AED 245,000
Deposit, non-resident (40%)
AED 490,000
Monthly over 25 years at 3.7%
AED 5,012

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