3-bed · 1,897 sqftPalladium Tower, Jumeirah Lake Towers (JLT) · 32nd floor · completed 2007

3208, Palladium Tower

Sold prices and rental history: sold twice, last in January 2016, and rented once, from February 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3208 · DLD and Ejari recordsUpdated 7 January 2016
Last soldAED 2.1M7 January 2016
Current rentAED 145K /yr4 February 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3208, Palladium Tower

What is 3208 worth today?

Last sold for AED 2,100,000 in 2016

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

7 Jan 2016SoldReady
AED 2,100,000AED 1,106 per sqft
18 Feb 2013Sold by developerReady
AED 1,000,000AED 527 per sqft
4 Feb 2013RentedNew contract
AED 145,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 7 January 2016.

Key facts

Type
3-bed apartment
Size
1,897 sqft
Floor
32nd of 33
Parking
2
Developer
ETA Star Property Developers
Completed
2007
Service charge
AED 23,500 /yr
Last sold
AED 2.1M · January 2016

About 3208, Palladium Tower

3208 is a three-bedroom apartment of 1,897 sqft on the 32nd 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 7 January 2016 for AED 2,100,000, or AED 1,106 per sqft, 8% above the AED 1,027 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 4 February 2013. The current contract, signed on 4 February 2013, is AED 145,000 a year: a gross yield of 6.9% on the 2016 price, before the service charge of about AED 23,500 a year.

Sales and rents for 3208 over time

Sales
Unit 3208, 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 1,000,000 (AED 527 per sqft)Sold, January 2016: AED 2,100,000 (AED 1,106 per sqft)

3208 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3208, 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, February 2013: AED 145,000 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 3208 sits

All 36 3-beds →

3208 last sold in January 2016 at AED 1,106 per sqft, 8% above what three-beds in Palladium Tower were fetching at the time (AED 1,027). 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. 3208's AED 145,000 is in the lower 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 113K /yr
Typical yield
6.3%
Palladium Tower, Jumeirah Lake Towers (JLT): prices, sales and rents →

Other units on the 32nd floor

All 211 units in Palladium Tower
Value
32013-bedAED 2.13M · Jul 2017
32022-bedAED 1.5M · Oct 2015
32032-bedAED 1.35M · Nov 2014
32043-bedAED 1.84M · Mar 2023
32053-bedAED 1.9M · Apr 2012
32062-bedAED 600K · Sep 2012
32072-bedAED 600K · Sep 2012

3208, Palladium Tower in numbers

  • Sold twice: first on 18 February 2013 for AED 1,000,000, last on 7 January 2016 for AED 2,100,000 (AED 1,106 per sqft).
  • Rented since February 2013 on one Ejari contract, at AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2016 price is 6.9%, 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 7 January 2016.

Questions about 3208, Palladium Tower

What did unit 3208 last sell for?

AED 2,100,000 on 7 January 2016: AED 1,106 per sqft for 1,897 sqft. The unit has 2 registered sales; the first was AED 1,000,000 in February 2013.

What is the rent for unit 3208?

AED 145,000 a year on the contract signed on 4 February 2013.

How big is unit 3208?

1,897 sqft (176.2 sqm): a three-bedroom apartment on the 32nd floor of a 33-storey tower completed in 2007.

What is unit 3208 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.

Selling 3208? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 3208, Palladium Tower

Starts from the last sale price (AED 2.1M, 7 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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