116, Dream Palm Residence
Sold prices and rental history: sold twice, last in July 2025, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 116, Dream Palm Residence
What is 116 worth today?
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Source: Dubai Land Department. Updated 24 July 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 3,423 sqft
- Floor
- 1st of 7
- Parking
- B2-278,B2-279
- Developer
- Al Fattan Properties
- Completed
- 2013
- Service charge
- AED 89,900 /yr
- Last sold
- AED 7.15M · July 2025
- Building
- Dream Palm Residence
About 116, Dream Palm Residence
116 is a three-bedroom apartment of 3,423 sqft on the 1st floor of Dream Palm Residence, a 7-storey tower in Palm Jumeirah completed in 2013 by Al Fattan Properties. It last sold on 24 July 2025 for AED 7,150,000, or AED 2,088 per sqft.
It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 17 November 2020, is AED 170,000 a year: a gross yield of 2.4% on the 2025 price, before the service charge of about AED 89,900 a year.
Sales and rents for 116 over time
116 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Dream Palm Residence, and where 116 sits
All 13 3-beds →| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Apr 202530 April 2025 | 3,140 sqft | 6,600,000 | 2,101 | ||
| 24 Apr 202424 April 2024 | 2,766 sqft | 5,700,000 | 2,060 | ||
| 28 Nov 202328 November 2023 | 2,983 sqft | 7,500,000 | 2,514 | ||
| 15 Sep 202115 September 2021 | 2,819 sqft | 4,165,000 | 1,477 |
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 Residence116, Dream Palm Residence in numbers
- Sold twice: first on 30 September 2013 for AED 6,675,552, last on 24 July 2025 for AED 7,150,000 (AED 2,088 per sqft).
- Rented since October 2015 on 4 Ejari contracts, from AED 300,000 to AED 170,000 a year.
- At AED 170,000 a year the gross yield on the 2025 price is 2.4%, before a service charge of about AED 89,900 a year (AED 26.26 per sqft).
Source: Dubai Land Department. Updated 24 July 2025.
Questions about 116, Dream Palm Residence
What did unit 116 last sell for?
AED 7,150,000 on 24 July 2025: AED 2,088 per sqft for 3,423 sqft. The unit has 2 registered sales; the first was AED 6,675,552 in September 2013.
What is the rent for unit 116?
AED 170,000 a year on the contract signed on 17 November 2020. The previous contract, from October 2018, was AED 250,000; the unit has been rented since October 2015.
How big is unit 116?
3,423 sqft (318.0 sqm): a three-bedroom apartment on the 1st floor of a 7-storey tower completed in 2013.
What is unit 116 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 116, Dream Palm Residence
Starts from the last sale price (AED 7.15M, 24 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 7,150,000
- Deposit, UAE resident (20%)
- AED 1,430,000
- Deposit, non-resident (40%)
- AED 2,860,000
- Monthly over 25 years at 3.7%
- AED 29,253
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →