2401, Palladium Tower
Sold prices and rental history: sold twice, last in March 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2401, Palladium Tower
What is 2401 worth today?
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Source: Dubai Land Department. Updated 8 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 993 sqft
- Floor
- 24th of 33
- Parking
- 1
- Developer
- ETA Star Property Developers
- Completed
- 2007
- Service charge
- AED 12,300 /yr
- Last sold
- AED 451K · March 2013
- Building
- Palladium Tower
About 2401, Palladium Tower
2401 is a one-bedroom apartment of 993 sqft on the 24th 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 18 March 2013 for AED 451,025, or AED 454 per sqft, 14% below the AED 526 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 8 August 2024, is AED 90,000 a year: a gross yield of 20.0% on the 2013 price, before the service charge of about AED 12,300 a year.
Sales and rents for 2401 over time
2401 has sold twice; the dashed line is the one-bed median of each year in the building.
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 2401 sits
All 28 1-beds →2401 last sold in March 2013 at AED 454 per sqft, 14% below what one-beds in Palladium Tower were fetching at the time (AED 526). 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. 2401's AED 90,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 May 20267 May 2026 | 993 sqft | 1,164,319 | 1,172 | ||
| 8 Apr 20268 April 2026 | 993 sqft | 1,315,000 | 1,324 | ||
| 27 Jan 202527 January 2025 | 993 sqft | 1,220,000 | 1,228 | ||
| 12 Dec 202412 December 2024 | 993 sqft | 1,150,000 | 1,158 |
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 24th floor
All 211 units in Palladium Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2402 | 2-bed | 1,187 sqft | AED 1.2MAED 1,200,000 · Apr 2023April 2023 | 120,000 /yr | |
| 2403 | 2-bed | 1,153 sqft | AED 524KAED 523,697 · May 2013May 2013 | 100,000 /yr | |
| 2404 | 2-bed | 1,153 sqft | AED 524KAED 523,697 · Apr 2013April 2013 | 92,000 /yr | |
| 2405 | 2-bed | 1,187 sqft | AED 1.42MAED 1,420,000 · Jan 2024January 2024 | 100,000 /yr | |
| 2406 | 1-bed | 993 sqft | AED 1.16MAED 1,164,319 · May 2026May 2026 | 64,000 /yr | |
| 2407 | 2-bed | 1,187 sqft | AED 539KAED 539,140 · May 2013May 2013 | 120,000 /yr | |
| 2408 | 2-bed | 1,153 sqft | AED 524KAED 523,697 · Oct 2013October 2013 | 120,000 /yr | |
| 2409 | 2-bed | 1,153 sqft | AED 524KAED 523,697 · Feb 2013February 2013 | 99,896 /yr | |
| 2410 | 2-bed | 1,187 sqft | AED 1.55MAED 1,550,000 · Jul 2015July 2015 | 115,000 /yr |
2401, Palladium Tower in numbers
- Sold twice: first on 5 November 2009 for AED 451,025, last on 18 March 2013 for AED 451,025 (AED 454 per sqft).
- Rented since May 2012 on 7 Ejari contracts. The rent fell from AED 57,500 to AED 50,000 in 2020 and recovered to AED 90,000 by August 2024.
- At AED 90,000 a year the gross yield on the 2013 price is 20.0%, 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 8 August 2024.
Questions about 2401, Palladium Tower
What did unit 2401 last sell for?
AED 451,025 on 18 March 2013: AED 454 per sqft for 993 sqft. The unit has 2 registered sales; the first was AED 451,025 in November 2009.
What is the rent for unit 2401?
AED 90,000 a year on the contract signed on 8 August 2024. The previous contract, from April 2023, was AED 65,000; the unit has been rented since May 2012.
How big is unit 2401?
993 sqft (92.3 sqm): a one-bedroom apartment on the 24th floor of a 33-storey tower completed in 2007.
What is unit 2401 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 2401, Palladium Tower
Starts from the last sale price (AED 451K, 18 March 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 451,025
- Deposit, UAE resident (20%)
- AED 90,205
- Deposit, non-resident (40%)
- AED 180,410
- Monthly over 25 years at 3.7%
- AED 1,845
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →