316, Dream Palm Residence
Sold prices and rental history: sold twice, last in April 2025, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 316, Dream Palm Residence
What is 316 worth today?
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Source: Dubai Land Department. Updated 30 April 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 3,140 sqft
- Floor
- 3rd of 7
- Parking
- B2-255,B2-256
- Developer
- Al Fattan Properties
- Completed
- 2013
- Service charge
- AED 82,500 /yr
- Last sold
- AED 6.6M · April 2025
- Building
- Dream Palm Residence
About 316, Dream Palm Residence
316 is a three-bedroom apartment of 3,140 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 30 April 2025 for AED 6,600,000, or AED 2,101 per sqft.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 17 February 2021, is AED 200,000 a year: a gross yield of 3.0% on the 2025 price, before the service charge of about AED 82,500 a year.
Sales and rents for 316 over time
316 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 316 sits
All 13 3-beds →| 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 | ||
| 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 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 | |
| 308 | 3-bed | 2,819 sqft | AED 4.17MAED 4,165,000 · Sep 2021September 2021 | 274,510 /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, Dream Palm Residence in numbers
- Sold twice: first on 31 December 2014 for AED 7,065,698, last on 30 April 2025 for AED 6,600,000 (AED 2,101 per sqft).
- Rented since February 2017 on 5 Ejari contracts, from AED 250,000 to AED 200,000 a year.
- At AED 200,000 a year the gross yield on the 2025 price is 3.0%, before a service charge of about AED 82,500 a year (AED 26.26 per sqft).
Source: Dubai Land Department. Updated 30 April 2025.
Questions about 316, Dream Palm Residence
What did unit 316 last sell for?
AED 6,600,000 on 30 April 2025: AED 2,101 per sqft for 3,140 sqft. The unit has 2 registered sales; the first was AED 7,065,698 in December 2014.
What is the rent for unit 316?
AED 200,000 a year on the contract renewed on 17 February 2021. The previous contract, from February 2020, was AED 230,000; the unit has been rented since February 2017.
How big is unit 316?
3,140 sqft (291.7 sqm): a three-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2013.
What is unit 316 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 316, Dream Palm Residence
Starts from the last sale price (AED 6.6M, 30 April 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 6,600,000
- Deposit, UAE resident (20%)
- AED 1,320,000
- Deposit, non-resident (40%)
- AED 2,640,000
- Monthly over 25 years at 3.7%
- AED 27,003
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →