101, Dream Palm Residence
Sold prices and rental history: sold once, by the developer in November 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 101, Dream Palm Residence
What is 101 worth today?
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Source: Dubai Land Department. Updated 31 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 2,543 sqft
- Floor
- 1st of 7
- Parking
- B1-1
- Developer
- Al Fattan Properties
- Completed
- 2013
- Service charge
- AED 66,800 /yr
- Last sold
- AED 6.11M · November 2013
- Building
- Dream Palm Residence
About 101, Dream Palm Residence
101 is a two-bedroom apartment of 2,543 sqft on the 1st floor of Dream Palm Residence, a 7-storey tower in Palm Jumeirah completed in 2013 by Al Fattan Properties. The developer sold it on 24 November 2013 for AED 6,110,000, or AED 2,402 per sqft, in line with the AED 2,400 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 31 March 2025, is AED 262,500 a year: a gross yield of 4.3% on the 2013 price, before the service charge of about AED 66,800 a year.
Sales and rents for 101 over time
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Dream Palm Residence, and where 101 sits
All 9 2-beds →101 last sold in November 2013 at AED 2,402 per sqft, in line with what two-beds in Dream Palm Residence were fetching at the time (AED 2,400).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Dec 202216 December 2022 | 2,243 sqft | 4,300,000 | 1,917 | ||
| 28 Apr 202228 April 2022 | 2,329 sqft | 3,700,000 | 1,588 | ||
| 19 Oct 202119 October 2021 | 2,217 sqft | 3,321,000 | 1,497 | ||
| 15 Sep 202115 September 2021 | 2,769 sqft | 3,075,000 | 1,110 |
Dream Palm Residence
Building29 apartments, 2-bed to 5-bed over 7 floors in Palm Jumeirah, completed in 2013 by Al Fattan Properties. 1 sold in the last 12 months.
- Typical price per sqft
- AED 2,059
- Typical sale
- AED 11.25M
- Typical rent
- AED 395K /yr
- Typical yield
- 6.9%
Other units on the 1st floor
All 29 units in Dream Palm Residence101, Dream Palm Residence in numbers
- Sold once: by Al Fattan Properties on 24 November 2013 for AED 6,110,000, or AED 2,402 per sqft.
- Rented since February 2016 on 7 Ejari contracts. The rent fell from AED 200,000 to AED 170,000 in 2019 and recovered to AED 262,500 by March 2025.
- At AED 262,500 a year the gross yield on the 2013 price is 4.3%, before a service charge of about AED 66,800 a year (AED 26.26 per sqft).
Source: Dubai Land Department. Updated 31 March 2025.
Questions about 101, Dream Palm Residence
What did unit 101 last sell for?
AED 6,110,000 on 24 November 2013, sold by the developer: AED 2,402 per sqft for 2,543 sqft. It is the only registered sale of the unit.
What is the rent for unit 101?
AED 262,500 a year on the contract renewed on 31 March 2025. The previous contract, from March 2025, was AED 262,500; the unit has been rented since February 2016.
How big is unit 101?
2,543 sqft (236.3 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower completed in 2013.
What is unit 101 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 101, Dream Palm Residence
Starts from the last sale price (AED 6.11M, 24 November 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 6,110,000
- Deposit, UAE resident (20%)
- AED 1,222,000
- Deposit, non-resident (40%)
- AED 2,444,000
- Monthly over 25 years at 3.7%
- AED 24,998
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →