2-bed · 1,187 sqftPalladium Tower, Jumeirah Lake Towers (JLT) · 18th floor · completed 2007

1802, Palladium Tower

Sold prices and rental history: sold twice, last in December 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1802 · DLD and Ejari recordsUpdated 1 October 2023
Last soldAED 870K16 December 2019
Current rentAED 105K /yr1 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1802, Palladium Tower

What is 1802 worth today?

Last sold for AED 870,000 in 2019

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1 Oct 2023RentedNew contract
AED 105,000/yr12 months · AED 88 per sqft
27 Mar 2023RentedNew contract
AED 95,000/yr12 months · AED 80 per sqft
26 Mar 2022RentedRenewal
AED 73,500/yr12 months · AED 62 per sqft
26 Mar 2021RentedRenewal
AED 65,000/yr12 months · AED 55 per sqft
26 Mar 2020RentedNew contract
AED 72,500/yr12 months · AED 61 per sqft
16 Dec 2019SoldReady
AED 870,000AED 732 per sqft
26 Mar 2019RentedNew contract
AED 70,000/yr12 months · AED 59 per sqft
1 Mar 2018RentedNew contract
AED 92,000/yr12 months · AED 78 per sqft

Source: Dubai Land Department. Updated 1 October 2023.

Key facts

Type
2-bed apartment
Size
1,187 sqft
Floor
18th of 33
Parking
1
Developer
ETA Star Property Developers
Completed
2007
Service charge
AED 14,700 /yr
Last sold
AED 870K · December 2019

About 1802, Palladium Tower

1802 is a two-bedroom apartment of 1,187 sqft on the 18th 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 December 2019 for AED 870,000, or AED 732 per sqft, 15% below the AED 863 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 1 October 2023, is AED 105,000 a year: a gross yield of 12.1% on the 2019 price, before the service charge of about AED 14,700 a year.

Sales and rents for 1802 over time

Sales
Unit 1802, 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, April 2013: AED 730,020 (AED 614 per sqft)Sold, December 2019: AED 870,000 (AED 732 per sqft)

1802 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1802, 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, June 2013: AED 80,000 a yearNew contract, June 2014: AED 80,000 a yearNew contract, July 2015: AED 125,000 a yearNew contract, October 2016: AED 110,000 a yearNew contract, March 2018: AED 92,000 a yearNew contract, March 2019: AED 70,000 a yearNew contract, March 2020: AED 72,500 a yearRenewal, March 2021: AED 65,000 a yearRenewal, March 2022: AED 73,500 a yearNew contract, March 2023: AED 95,000 a yearNew contract, October 2023: 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 1802 sits

All 147 2-beds →

1802 last sold in December 2019 at AED 732 per sqft, 15% below what two-beds in Palladium Tower were fetching at the time (AED 863). 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. 1802'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 18th floor

All 211 units in Palladium Tower
Value
18011-bedAED 284K · Jan 2011
18032-bedAED 1.55M · Apr 2025
18042-bedAED 1.55M · Mar 2024
18052-bedAED 1.11M · May 2019
18061-bedAED 1.15M · Dec 2024
18072-bedAED 680K · Mar 2013
18082-bedAED 1.3M · Jul 2013
1–7 of 9

1802, Palladium Tower in numbers

  • Sold twice: first on 1 April 2013 for AED 730,020, last on 16 December 2019 for AED 870,000 (AED 732 per sqft).
  • Rented since June 2013 on 11 Ejari contracts. The rent fell from AED 80,000 to AED 65,000 in 2021 and recovered to AED 105,000 by October 2023.
  • At AED 105,000 a year the gross yield on the 2019 price is 12.1%, 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 1 October 2023.

Questions about 1802, Palladium Tower

What did unit 1802 last sell for?

AED 870,000 on 16 December 2019: AED 732 per sqft for 1,187 sqft. The unit has 2 registered sales; the first was AED 730,020 in April 2013.

What is the rent for unit 1802?

AED 105,000 a year on the contract signed on 1 October 2023. The previous contract, from March 2023, was AED 95,000; the unit has been rented since June 2013.

How big is unit 1802?

1,187 sqft (110.3 sqm): a two-bedroom apartment on the 18th floor of a 33-storey tower completed in 2007.

What is unit 1802 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 1802, Palladium Tower

Starts from the last sale price (AED 870K, 16 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 870,000
Deposit, UAE resident (20%)
AED 174,000
Deposit, non-resident (40%)
AED 348,000
Monthly over 25 years at 3.7%
AED 3,559

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