3-bed · 1,897 sqftPalladium Tower, Jumeirah Lake Towers (JLT) · 29th floor · completed 2007

2901, Palladium Tower

Sold prices and rental history: sold once, by the developer 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 2901 · DLD and Ejari recordsUpdated 15 September 2023
Last soldAED 1.17M25 February 2013
Current rentAED 155K /yr15 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2901, Palladium Tower

What is 2901 worth today?

Last sold for AED 1,170,612 in 2013

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15 Sep 2023RentedNew contract
AED 155,000/yr12 months · AED 82 per sqft
4 May 2021RentedRenewal
AED 102,000/yr12 months · AED 54 per sqft
4 May 2020RentedNew contract
AED 100,000/yr12 months · AED 53 per sqft
4 May 2019RentedNew contract
AED 110,000/yr12 months · AED 58 per sqft
26 Feb 2018RentedRenewal
AED 135,000/yr12 months · AED 71 per sqft
26 Feb 2017RentedNew contract
AED 137,000/yr12 months · AED 72 per sqft
23 Jan 2016RentedRenewal
AED 170,000/yr12 months · AED 90 per sqft
23 Jan 2015RentedNew contract
AED 175,000/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 15 September 2023.

Key facts

Type
3-bed apartment
Size
1,897 sqft
Floor
29th of 33
Parking
1
Developer
ETA Star Property Developers
Completed
2007
Service charge
AED 23,500 /yr
Last sold
AED 1.17M · February 2013

About 2901, Palladium Tower

2901 is a three-bedroom apartment of 1,897 sqft on the 29th floor of Palladium Tower, a 33-storey tower in Jumeirah Lake Towers (JLT) completed in 2007 by ETA Star Property Developers. The developer sold it on 25 February 2013 for AED 1,170,612, or AED 617 per sqft, 25% below the AED 824 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 15 September 2023, is AED 155,000 a year: a gross yield of 13.2% on the 2013 price, before the service charge of about AED 23,500 a year.

Sales and rents for 2901 over time

Sales
Unit 2901, each saleTypical three-bed in Palladium Tower
1M2M2009201420192024Typical sale price by year: 2009 AED 1,565,025; 2010 AED 1,600,000; 2011 AED 1,200,042; 2012 AED 1,565,025; 2013 AED 1,650,000; 2014 AED 1,790,179; 2015 AED 1,800,000; 2017 AED 1,950,000; 2021 AED 1,540,000; 2023 AED 2,100,000; 2025 AED 2,500,000Sold by developer, February 2013: AED 1,170,612 (AED 617 per sqft)

2901 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2901, each contractTypical three-bed in Palladium Tower
100K150K2012201620202024Typical rent by year: 2012 AED 100,000; 2013 AED 125,000; 2014 AED 150,000; 2015 AED 151,000; 2016 AED 153,000; 2017 AED 136,000; 2018 AED 125,000; 2019 AED 110,000; 2020 AED 95,000; 2021 AED 100,000; 2022 AED 115,000; 2023 AED 130,000; 2024 AED 145,000; 2025 AED 165,000; 2026 AED 166,000New contract, July 2012: AED 100,000 a yearNew contract, August 2013: AED 125,000 a yearNew contract, January 2015: AED 175,000 a yearRenewal, January 2016: AED 170,000 a yearNew contract, February 2017: AED 137,000 a yearRenewal, February 2018: AED 135,000 a yearNew contract, May 2019: AED 110,000 a yearNew contract, May 2020: AED 100,000 a yearRenewal, May 2021: AED 102,000 a yearNew contract, September 2023: AED 155,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Palladium Tower, and where 2901 sits

All 36 3-beds →

2901 last sold in February 2013 at AED 617 per sqft, 25% below what three-beds in Palladium Tower were fetching at the time (AED 824). Over the last 12 months three-beds sold for AED 2,200,000, around AED 1,159 per sqft, and rent for AED 115,000 to 180,000 a year. 2901's AED 155,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
2 Nov 20262,200,000
4 Sep 20252,500,000
2 Sep 20252,760,000
28 Aug 20252,500,000
1 3-bed sale 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 29th floor

All 211 units in Palladium Tower
Value
29022-bedAED 727K · Mar 2013
29032-bedAED 727K · Mar 2013
29043-bedAED 1.17M · Mar 2013
29053-bedAED 1.2M · Jan 2015
29062-bedAED 1.73M · May 2026
29072-bedAED 1M · Apr 2021
29083-bedAED 1.95M · Jun 2017

2901, Palladium Tower in numbers

  • Sold once: by ETA Star Property Developers on 25 February 2013 for AED 1,170,612, or AED 617 per sqft.
  • Rented since July 2012 on 10 Ejari contracts, from AED 100,000 to AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2013 price is 13.2%, before a service charge of about AED 23,500 a year (AED 12.39 per sqft).
  • Three-beds in Palladium Tower sold for AED 2,200,000–2,200,000 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 15 September 2023.

Questions about 2901, Palladium Tower

What did unit 2901 last sell for?

AED 1,170,612 on 25 February 2013, sold by the developer: AED 617 per sqft for 1,897 sqft. It is the only registered sale of the unit.

What is the rent for unit 2901?

AED 155,000 a year on the contract signed on 15 September 2023. The previous contract, from May 2021, was AED 102,000; the unit has been rented since July 2012.

How big is unit 2901?

1,897 sqft (176.2 sqm): a three-bedroom apartment on the 29th floor of a 33-storey tower completed in 2007.

What is unit 2901 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Palladium Tower sold for AED 2,200,000 to 2,200,000 in the last 12 months, around AED 1,159 per sqft.

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Mortgage on 2901, Palladium Tower

Starts from the last sale price (AED 1.17M, 25 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,170,612
Deposit, UAE resident (20%)
AED 234,122
Deposit, non-resident (40%)
AED 468,245
Monthly over 25 years at 3.7%
AED 4,789

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