308, Dream Palm Residence
Sold prices and rental history: sold twice, last in September 2021, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, Dream Palm Residence
What is 308 worth today?
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Source: Dubai Land Department. Updated 15 September 2021.
Key facts
- Type
- 3-bed apartment
- Size
- 2,819 sqft
- Floor
- 3rd of 7
- Parking
- B1-39,B1-40
- Developer
- Al Fattan Properties
- Completed
- 2013
- Service charge
- AED 74,000 /yr
- Last sold
- AED 4.17M · September 2021
- Building
- Dream Palm Residence
About 308, Dream Palm Residence
308 is a three-bedroom apartment of 2,819 sqft on the 3rd floor of Dream Palm Residence, a 7-storey tower in Palm Jumeirah completed in 2013 by Al Fattan Properties. It last sold on 15 September 2021 for AED 4,165,000, or AED 1,477 per sqft, 20% below the AED 1,839 three-beds in the building were fetching at the time.
It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 1 June 2015, is AED 274,510 a year: a gross yield of 6.6% on the 2021 price, before the service charge of about AED 74,000 a year.
Sales and rents for 308 over time
308 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 308 sits
All 13 3-beds →308 last sold in September 2021 at AED 1,477 per sqft, 20% below what three-beds in Dream Palm Residence were fetching at the time (AED 1,839).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Jul 202524 July 2025 | 3,423 sqft | 7,150,000 | 2,088 | ||
| 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 |
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 3rd floor
All 29 units in Dream Palm Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 2,330 sqft | AED 5.59MAED 5,592,072 · Nov 2013November 2013 | 305,000 /yr | |
| 303 | 3-bed | 2,989 sqft | AED 5.5MAED 5,496,882 · Mar 2021March 2021 | 350,532 /yr | |
| 305 | 2-bed | 2,769 sqft | AED 3.08MAED 3,075,000 · Sep 2021September 2021 | 160,000 /yr | |
| 309 | 3-bed | 3,223 sqft | AED 3.55MAED 3,545,300 · Jun 2013June 2013 | ||
| 314 | 2-bed | 2,243 sqft | AED 4.3MAED 4,300,000 · Dec 2022December 2022 | ||
| 316 | 3-bed | 3,140 sqft | AED 6.6MAED 6,600,000 · Apr 2025April 2025 | 200,000 /yr |
308, Dream Palm Residence in numbers
- Sold twice: first on 29 April 2013 for AED 6,200,766, last on 15 September 2021 for AED 4,165,000 (AED 1,477 per sqft).
- Rented since June 2014 on 2 Ejari contracts, from AED 300,000 to AED 274,510 a year.
- At AED 274,510 a year the gross yield on the 2021 price is 6.6%, before a service charge of about AED 74,000 a year (AED 26.26 per sqft).
Source: Dubai Land Department. Updated 15 September 2021.
Questions about 308, Dream Palm Residence
What did unit 308 last sell for?
AED 4,165,000 on 15 September 2021: AED 1,477 per sqft for 2,819 sqft. The unit has 2 registered sales; the first was AED 6,200,766 in April 2013.
What is the rent for unit 308?
AED 274,510 a year on the contract signed on 1 June 2015. The previous contract, from June 2014, was AED 300,000.
How big is unit 308?
2,819 sqft (261.9 sqm): a three-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2013.
What is unit 308 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 308, Dream Palm Residence
Starts from the last sale price (AED 4.17M, 15 September 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 4,165,000
- Deposit, UAE resident (20%)
- AED 833,000
- Deposit, non-resident (40%)
- AED 1,666,000
- Monthly over 25 years at 3.7%
- AED 17,040
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →