2-bed · 1,153 sqftPalladium Tower, Jumeirah Lake Towers (JLT) · 31st floor · completed 2007

3102, Palladium Tower

Sold prices and rental history: sold twice, last in November 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3102 · DLD and Ejari recordsUpdated 28 November 2021
Last soldAED 1.18M28 November 2021
Current rentAED 65K /yr1 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3102, Palladium Tower

What is 3102 worth today?

Last sold for AED 1,175,111 in 2021

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28 Nov 2021SoldReady
AED 1,175,111AED 1,019 per sqft
1 Dec 2020RentedRenewal
AED 65,000/yr12 months · AED 56 per sqft
1 Dec 2019RentedRenewal
AED 78,000/yr12 months · AED 68 per sqft
1 Dec 2018RentedNew contract
AED 86,000/yr12 months · AED 75 per sqft
8 Nov 2016RentedNew contract
AED 120,000/yr12 months · AED 104 per sqft
24 Feb 2013RentedNew contract
AED 90,000/yr12 months · AED 78 per sqft
11 Sep 2012Sold by developerReady
AED 949,231AED 823 per sqft

Source: Dubai Land Department. Updated 28 November 2021.

Key facts

Type
2-bed apartment
Size
1,153 sqft
Floor
31st of 33
Parking
1
Developer
ETA Star Property Developers
Completed
2007
Service charge
AED 14,300 /yr
Last sold
AED 1.18M · November 2021

About 3102, Palladium Tower

3102 is a two-bedroom apartment of 1,153 sqft on the 31st 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 28 November 2021 for AED 1,175,111, or AED 1,019 per sqft, 34% above the AED 758 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 1 December 2020, is AED 65,000 a year: a gross yield of 5.5% on the 2021 price, before the service charge of about AED 14,300 a year.

Sales and rents for 3102 over time

Sales
Unit 3102, 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, September 2012: AED 949,231 (AED 823 per sqft)Sold, November 2021: AED 1,175,111 (AED 1,019 per sqft)

3102 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3102, each contractTypical two-bed in Palladium Tower
75K100K125K2012201620202024Typical 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, February 2013: AED 90,000 a yearNew contract, November 2016: AED 120,000 a yearNew contract, December 2018: AED 86,000 a yearRenewal, December 2019: AED 78,000 a yearRenewal, December 2020: AED 65,000 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 3102 sits

All 147 2-beds →

3102 last sold in November 2021 at AED 1,019 per sqft, 34% above what two-beds in Palladium Tower were fetching at the time (AED 758). 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. 3102's AED 65,000 is in the lower 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 31st floor

All 211 units in Palladium Tower
Value
31013-bedAED 1.75M · Jan 2018
31032-bedAED 1.02M · May 2012
31043-bedAED 2.6M · Jan 2025
31053-bedAED 1.79M · Feb 2012
31062-bedAED 1.85M · Feb 2026
31072-bedAED 998K · Sep 2013
31083-bedAED 1.34M · Jul 2021

3102, Palladium Tower in numbers

  • Sold twice: first on 11 September 2012 for AED 949,231, last on 28 November 2021 for AED 1,175,111 (AED 1,019 per sqft).
  • Rented since February 2013 on 5 Ejari contracts, from AED 90,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2021 price is 5.5%, 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 28 November 2021.

Questions about 3102, Palladium Tower

What did unit 3102 last sell for?

AED 1,175,111 on 28 November 2021: AED 1,019 per sqft for 1,153 sqft. The unit has 2 registered sales; the first was AED 949,231 in September 2012.

What is the rent for unit 3102?

AED 65,000 a year on the contract renewed on 1 December 2020. The previous contract, from December 2019, was AED 78,000; the unit has been rented since February 2013.

How big is unit 3102?

1,153 sqft (107.1 sqm): a two-bedroom apartment on the 31st floor of a 33-storey tower completed in 2007.

What is unit 3102 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 3102, Palladium Tower

Starts from the last sale price (AED 1.18M, 28 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,175,111
Deposit, UAE resident (20%)
AED 235,022
Deposit, non-resident (40%)
AED 470,044
Monthly over 25 years at 3.7%
AED 4,808

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