2-bed · 1,153 sqftPalladium Tower, Jumeirah Lake Towers (JLT) · 29th floor · completed 2007

2903, Palladium Tower

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

Unit 2903 · DLD and Ejari recordsUpdated 28 December 2023
Last soldAED 727K11 March 2013
Current rentAED 105K /yr28 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2903, Palladium Tower

What is 2903 worth today?

Last sold for AED 727,188 in 2013

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28 Dec 2023RentedNew contract
AED 105,000/yr12 months · AED 91 per sqft
1 Dec 2021RentedNew contract
AED 80,000/yr12 months · AED 69 per sqft
22 Sep 2020RentedNew contract
AED 60,000/yr12 months · AED 52 per sqft
20 Apr 2019RentedRenewal
AED 100,000/yr12 months · AED 87 per sqft
20 Apr 2018RentedRenewal
AED 115,000/yr12 months · AED 100 per sqft
20 Apr 2017RentedNew contract
AED 115,000/yr12 months · AED 100 per sqft
21 Jan 2015RentedNew contract
AED 120,000/yr12 months · AED 104 per sqft
20 Jan 2014RentedNew contract
AED 104,718/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 28 December 2023.

Key facts

Type
2-bed apartment
Size
1,153 sqft
Floor
29th of 33
Parking
1
Developer
ETA Star Property Developers
Completed
2007
Service charge
AED 14,300 /yr
Last sold
AED 727K · March 2013

About 2903, Palladium Tower

2903 is a two-bedroom apartment of 1,153 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 11 March 2013 for AED 727,188, or AED 630 per sqft, 11% below the AED 710 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 28 December 2023, is AED 105,000 a year: a gross yield of 14.4% on the 2013 price, before the service charge of about AED 14,300 a year.

Sales and rents for 2903 over time

Sales
Unit 2903, 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, March 2013: AED 727,188 (AED 630 per sqft)

2903 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2903, each contractTypical two-bed in Palladium Tower
50K100K2012201620202024Typical 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, January 2014: AED 104,718 a yearNew contract, January 2015: AED 120,000 a yearNew contract, April 2017: AED 115,000 a yearRenewal, April 2018: AED 115,000 a yearRenewal, April 2019: AED 100,000 a yearNew contract, September 2020: AED 60,000 a yearNew contract, December 2021: AED 80,000 a yearNew contract, December 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 2903 sits

All 147 2-beds →

2903 last sold in March 2013 at AED 630 per sqft, 11% below what two-beds in Palladium Tower were fetching at the time (AED 710). 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. 2903'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 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
29013-bedAED 1.17M · Feb 2013
29022-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

2903, Palladium Tower in numbers

  • Sold once: by ETA Star Property Developers on 11 March 2013 for AED 727,188, or AED 630 per sqft.
  • Rented since January 2014 on 8 Ejari contracts. The rent fell from AED 104,718 to AED 60,000 in 2020 and recovered to AED 105,000 by December 2023.
  • At AED 105,000 a year the gross yield on the 2013 price is 14.4%, 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 28 December 2023.

Questions about 2903, Palladium Tower

What did unit 2903 last sell for?

AED 727,188 on 11 March 2013, sold by the developer: AED 630 per sqft for 1,153 sqft. It is the only registered sale of the unit.

What is the rent for unit 2903?

AED 105,000 a year on the contract signed on 28 December 2023. The previous contract, from December 2021, was AED 80,000; the unit has been rented since January 2014.

How big is unit 2903?

1,153 sqft (107.1 sqm): a two-bedroom apartment on the 29th floor of a 33-storey tower completed in 2007.

What is unit 2903 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 2903, Palladium Tower

Starts from the last sale price (AED 727K, 11 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 727,188
Deposit, UAE resident (20%)
AED 145,438
Deposit, non-resident (40%)
AED 290,875
Monthly over 25 years at 3.7%
AED 2,975

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