1-bed · 993 sqftPalladium Tower, Jumeirah Lake Towers (JLT) · 20th floor · completed 2007

2006, Palladium Tower

Sold prices and rental history: sold twice, last in November 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2006 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 584K6 November 2014
Current rentAED 90K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2006, Palladium Tower

What is 2006 worth today?

Last sold for AED 584,164 in 2014

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1 May 2024RentedRenewal
AED 90,000/yr12 months · AED 91 per sqft
1 May 2023RentedRenewal
AED 85,000/yr12 months · AED 86 per sqft
1 May 2022RentedNew contract
AED 72,000/yr12 months · AED 73 per sqft
20 Apr 2019RentedNew contract
AED 66,000/yr12 months · AED 67 per sqft
6 Nov 2014SoldReady
AED 584,164AED 588 per sqft
15 May 2014RentedNew contract
AED 90,000/yr12 months · AED 91 per sqft
5 Jan 2014RentedNew contract
AED 66,000/yr12 months · AED 67 per sqft
5 Jan 2013RentedNew contract
AED 65,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 1 May 2024.

Key facts

Type
1-bed apartment
Size
993 sqft
Floor
20th of 33
Parking
1
Developer
ETA Star Property Developers
Completed
2007
Service charge
AED 12,300 /yr
Last sold
AED 584K · November 2014

About 2006, Palladium Tower

2006 is a one-bedroom apartment of 993 sqft on the 20th 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 6 November 2014 for AED 584,164, or AED 588 per sqft, 30% below the AED 845 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 1 May 2024, is AED 90,000 a year: a gross yield of 15.4% on the 2014 price, before the service charge of about AED 12,300 a year.

Sales and rents for 2006 over time

Sales
Unit 2006, each saleTypical one-bed in Palladium Tower
500K1M20092013201720212025Typical sale price by year: 2009 AED 568,880; 2011 AED 522,607; 2012 AED 522,606; 2013 AED 604,882; 2015 AED 1,030,000; 2023 AED 920,000; 2024 AED 1,090,000Sold by developer, October 2009: AED 584,164 (AED 588 per sqft)Sold, November 2014: AED 584,164 (AED 588 per sqft)

2006 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2006, each contractTypical one-bed in Palladium Tower
60K80K2013201720212025Typical rent by year: 2013 AED 70,000; 2014 AED 81,900; 2015 AED 90,000; 2016 AED 90,000; 2017 AED 85,000; 2018 AED 75,000; 2019 AED 68,000; 2020 AED 60,000; 2021 AED 50,000; 2022 AED 60,000; 2023 AED 75,000; 2024 AED 85,000; 2025 AED 84,000; 2026 AED 81,000New contract, January 2013: AED 65,000 a yearNew contract, January 2014: AED 66,000 a yearNew contract, May 2014: AED 90,000 a yearNew contract, April 2019: AED 66,000 a yearNew contract, May 2022: AED 72,000 a yearRenewal, May 2023: AED 85,000 a yearRenewal, May 2024: AED 90,000 a year

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 2006 sits

All 28 1-beds →

2006 last sold in November 2014 at AED 588 per sqft, 30% below what one-beds in Palladium Tower were fetching at the time (AED 845). 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. 2006's AED 90,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 May 20261,164,319
8 Apr 20261,315,000
27 Jan 20251,220,000
12 Dec 20241,150,000
2 1-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 20th floor

All 211 units in Palladium Tower
Value
20011-bedAED 840K · Nov 2013
20022-bedAED 873K · Mar 2013
20032-bedAED 827K · Apr 2011
20042-bedAED 1.73M · Dec 2025
20052-bedAED 490K · Apr 2016
20072-bedAED 1.68M · Aug 2025
20082-bedAED 1.2M · Aug 2018
1–7 of 9

2006, Palladium Tower in numbers

  • Sold twice: first on 27 October 2009 for AED 584,164, last on 6 November 2014 for AED 584,164 (AED 588 per sqft).
  • Rented since January 2013 on 7 Ejari contracts, from AED 65,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2014 price is 15.4%, 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 1 May 2024.

Questions about 2006, Palladium Tower

What did unit 2006 last sell for?

AED 584,164 on 6 November 2014: AED 588 per sqft for 993 sqft. The unit has 2 registered sales; the first was AED 584,164 in October 2009.

What is the rent for unit 2006?

AED 90,000 a year on the contract renewed on 1 May 2024. The previous contract, from May 2023, was AED 85,000; the unit has been rented since January 2013.

How big is unit 2006?

993 sqft (92.3 sqm): a one-bedroom apartment on the 20th floor of a 33-storey tower completed in 2007.

What is unit 2006 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 2006, Palladium Tower

Starts from the last sale price (AED 584K, 6 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 584,164
Deposit, UAE resident (20%)
AED 116,833
Deposit, non-resident (40%)
AED 233,666
Monthly over 25 years at 3.7%
AED 2,390

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