201, Dream Palm Residence
Sold prices and rental history: sold once, by the developer in May 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 201, Dream Palm Residence
What is 201 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 15 November 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 2,545 sqft
- Floor
- 2nd of 7
- Parking
- B1-33
- Developer
- Al Fattan Properties
- Completed
- 2013
- Service charge
- AED 66,800 /yr
- Last sold
- AED 6.11M · May 2013
- Building
- Dream Palm Residence
About 201, Dream Palm Residence
201 is a two-bedroom apartment of 2,545 sqft on the 2nd floor of Dream Palm Residence, a 7-storey tower in Palm Jumeirah completed in 2013 by Al Fattan Properties. The developer sold it on 15 May 2013 for AED 6,110,000, or AED 2,400 per sqft, 4% above the AED 2,300 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 15 November 2022, is AED 220,000 a year: a gross yield of 3.6% on the 2013 price, before the service charge of about AED 66,800 a year.
Sales and rents for 201 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 201 sits
All 9 2-beds →201 last sold in May 2013 at AED 2,400 per sqft, 4% above what two-beds in Dream Palm Residence were fetching at the time (AED 2,300).
| 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 2nd floor
All 29 units in Dream Palm Residence201, Dream Palm Residence in numbers
- Sold once: by Al Fattan Properties on 15 May 2013 for AED 6,110,000, or AED 2,400 per sqft.
- Rented since July 2014 on 5 Ejari contracts, from AED 285,000 to AED 220,000 a year.
- At AED 220,000 a year the gross yield on the 2013 price is 3.6%, before a service charge of about AED 66,800 a year (AED 26.26 per sqft).
Source: Dubai Land Department. Updated 15 November 2022.
Questions about 201, Dream Palm Residence
What did unit 201 last sell for?
AED 6,110,000 on 15 May 2013, sold by the developer: AED 2,400 per sqft for 2,545 sqft. It is the only registered sale of the unit.
What is the rent for unit 201?
AED 220,000 a year on the contract renewed on 15 November 2022. The previous contract, from November 2021, was AED 210,000; the unit has been rented since July 2014.
How big is unit 201?
2,545 sqft (236.4 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2013.
What is unit 201 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 201? 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.
Mortgage on 201, Dream Palm Residence
Starts from the last sale price (AED 6.11M, 15 May 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 →