2-bed · 1,153 sqftPalladium Tower, Jumeirah Lake Towers (JLT) · 30th floor · completed 2007

3003, Palladium Tower

Sold prices and rental history: sold twice, last in November 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3003 · DLD and Ejari recordsUpdated 24 November 2022
Last soldAED 1.18M17 November 2022
Current rentAED 100K /yr24 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3003, Palladium Tower

What is 3003 worth today?

Last sold for AED 1,180,000 in 2022

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24 Nov 2022RentedNew contract
AED 99,723/yr12 months · AED 87 per sqft
17 Nov 2022SoldReady
AED 1,180,000AED 1,023 per sqft
25 Jun 2021RentedNew contract
AED 60,000/yr12 months · AED 52 per sqft
15 Mar 2020RentedNew contract
AED 70,000/yr12 months · AED 61 per sqft
14 Jul 2015Sold by developerReady
AED 1,010,895AED 876 per sqft
20 Jun 2015RentedRenewal
AED 130,000/yr12 months · AED 113 per sqft
20 Jun 2014RentedNew contract
AED 130,000/yr12 months · AED 113 per sqft

Source: Dubai Land Department. Updated 24 November 2022.

Key facts

Type
2-bed apartment
Size
1,153 sqft
Floor
30th of 33
Parking
1
Developer
ETA Star Property Developers
Completed
2007
Service charge
AED 14,300 /yr
Last sold
AED 1.18M · November 2022

About 3003, Palladium Tower

3003 is a two-bedroom apartment of 1,153 sqft on the 30th 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 17 November 2022 for AED 1,180,000, or AED 1,023 per sqft, in line with the AED 1,023 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 24 November 2022, is AED 99,723 a year: a gross yield of 8.5% on the 2022 price, before the service charge of about AED 14,300 a year.

Sales and rents for 3003 over time

Sales
Unit 3003, 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, July 2015: AED 1,010,895 (AED 876 per sqft)Sold, November 2022: AED 1,180,000 (AED 1,023 per sqft)

3003 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3003, 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, June 2014: AED 130,000 a yearRenewal, June 2015: AED 130,000 a yearNew contract, March 2020: AED 70,000 a yearNew contract, June 2021: AED 60,000 a yearNew contract, November 2022: AED 99,723 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 3003 sits

All 147 2-beds →

3003 last sold in November 2022 at AED 1,023 per sqft, in line with what two-beds in Palladium Tower were fetching at the time (AED 1,023). 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. 3003's AED 99,723 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 30th floor

All 211 units in Palladium Tower
Value
30013-bedAED 1.64M · May 2012
30022-bedAED 1.37M · Nov 2017
30043-bedAED 2.2M · Nov 2023
30053-bedAED 1.68M · Mar 2014
30062-bedAED 850K · Apr 2021
30072-bedAED 1.18M · Jun 2022
30083-bedAED 1.89M · Jan 2018

3003, Palladium Tower in numbers

  • Sold twice: first on 14 July 2015 for AED 1,010,895, last on 17 November 2022 for AED 1,180,000 (AED 1,023 per sqft).
  • Rented since June 2014 on 5 Ejari contracts. The rent fell from AED 130,000 to AED 60,000 in 2021 and recovered to AED 99,723 by November 2022.
  • At AED 99,723 a year the gross yield on the 2022 price is 8.5%, 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 24 November 2022.

Questions about 3003, Palladium Tower

What did unit 3003 last sell for?

AED 1,180,000 on 17 November 2022: AED 1,023 per sqft for 1,153 sqft. The unit has 2 registered sales; the first was AED 1,010,895 in July 2015.

What is the rent for unit 3003?

AED 99,723 a year on the contract signed on 24 November 2022. The previous contract, from June 2021, was AED 60,000; the unit has been rented since June 2014.

How big is unit 3003?

1,153 sqft (107.1 sqm): a two-bedroom apartment on the 30th floor of a 33-storey tower completed in 2007.

What is unit 3003 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 3003, Palladium Tower

Starts from the last sale price (AED 1.18M, 17 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,180,000
Deposit, UAE resident (20%)
AED 236,000
Deposit, non-resident (40%)
AED 472,000
Monthly over 25 years at 3.7%
AED 4,828

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