2-bed · 1,153 sqftPalladium Tower, Jumeirah Lake Towers (JLT) · 24th floor · completed 2007

2409, Palladium Tower

Sold prices and rental history: sold twice, last in February 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2409 · DLD and Ejari recordsUpdated 20 January 2025
Last soldAED 524K25 February 2013
Current rentAED 100K /yr20 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2409, Palladium Tower

What is 2409 worth today?

Last sold for AED 523,697 in 2013

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20 Jan 2025RentedRenewal
AED 99,896/yr11 months · AED 87 per sqft
20 Jan 2025RentedRenewal
AED 99,896/yr11 months · AED 87 per sqft
20 Jan 2024RentedRenewal
AED 100,000/yr12 months · AED 87 per sqft
20 Jan 2023RentedNew contract
AED 95,000/yr12 months · AED 82 per sqft
24 Dec 2021RentedRenewal
AED 72,000/yr12 months · AED 63 per sqft
24 Dec 2020RentedRenewal
AED 66,000/yr12 months · AED 57 per sqft
24 Dec 2019RentedNew contract
AED 75,000/yr12 months · AED 65 per sqft
1 Nov 2018RentedRenewal
AED 105,000/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 20 January 2025.

Key facts

Type
2-bed apartment
Size
1,153 sqft
Floor
24th of 33
Parking
1
Developer
ETA Star Property Developers
Completed
2007
Service charge
AED 14,300 /yr
Last sold
AED 524K · February 2013

About 2409, Palladium Tower

2409 is a two-bedroom apartment of 1,153 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 25 February 2013 for AED 523,697, or AED 454 per sqft, 37% below the AED 717 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 14 Ejari contracts. The current contract, renewed on 20 January 2025, is AED 99,896 a year: a gross yield of 19.1% on the 2013 price, before the service charge of about AED 14,300 a year.

Sales and rents for 2409 over time

Sales
Unit 2409, 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, May 2009: AED 523,697 (AED 454 per sqft)Sold, February 2013: AED 523,697 (AED 454 per sqft)

2409 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2409, 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, November 2012: AED 85,000 a yearNew contract, November 2013: AED 87,500 a yearNew contract, November 2014: AED 95,000 a yearRenewal, November 2015: AED 115,000 a yearRenewal, November 2016: AED 115,000 a yearRenewal, November 2017: AED 115,000 a yearRenewal, November 2018: AED 105,000 a yearNew contract, December 2019: AED 75,000 a yearRenewal, December 2020: AED 66,000 a yearRenewal, December 2021: AED 72,000 a yearNew contract, January 2023: AED 95,000 a yearRenewal, January 2024: AED 100,000 a yearRenewal, January 2025: AED 99,896 a yearRenewal, January 2025: AED 99,896 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 2409 sits

All 147 2-beds →

2409 last sold in February 2013 at AED 454 per sqft, 37% below what two-beds in Palladium Tower were fetching at the time (AED 717). 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. 2409's AED 99,896 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 24th floor

All 211 units in Palladium Tower
Value
24011-bedAED 451K · Mar 2013
24022-bedAED 1.2M · Apr 2023
24032-bedAED 524K · May 2013
24042-bedAED 524K · Apr 2013
24052-bedAED 1.42M · Jan 2024
24061-bedAED 1.16M · May 2026
24072-bedAED 539K · May 2013
1–7 of 9

2409, Palladium Tower in numbers

  • Sold twice: first on 6 May 2009 for AED 523,697, last on 25 February 2013 for AED 523,697 (AED 454 per sqft).
  • Rented since November 2012 on 14 Ejari contracts. The rent fell from AED 85,000 to AED 66,000 in 2020 and recovered to AED 99,896 by January 2025.
  • At AED 99,896 a year the gross yield on the 2013 price is 19.1%, 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 January 2025.

Questions about 2409, Palladium Tower

What did unit 2409 last sell for?

AED 523,697 on 25 February 2013: AED 454 per sqft for 1,153 sqft. The unit has 2 registered sales; the first was AED 523,697 in May 2009.

What is the rent for unit 2409?

AED 99,896 a year on the contract renewed on 20 January 2025. The previous contract, from January 2025, was AED 99,896; the unit has been rented since November 2012.

How big is unit 2409?

1,153 sqft (107.1 sqm): a two-bedroom apartment on the 24th floor of a 33-storey tower completed in 2007.

What is unit 2409 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 2409, Palladium Tower

Starts from the last sale price (AED 524K, 25 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 523,697
Deposit, UAE resident (20%)
AED 104,739
Deposit, non-resident (40%)
AED 209,479
Monthly over 25 years at 3.7%
AED 2,143

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