403, Dream Palm Residence
Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 403, Dream Palm Residence
What is 403 worth today?
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Source: Dubai Land Department. Updated 28 November 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,983 sqft
- Floor
- 4th of 7
- Parking
- B1-19,B1-20
- Developer
- Al Fattan Properties
- Completed
- 2013
- Service charge
- AED 78,300 /yr
- Last sold
- AED 7.5M · November 2023
- Building
- Dream Palm Residence
About 403, Dream Palm Residence
403 is a three-bedroom apartment of 2,983 sqft on the 4th floor of Dream Palm Residence, a 7-storey tower in Palm Jumeirah completed in 2013 by Al Fattan Properties. It last sold on 28 November 2023 for AED 7,500,000, or AED 2,514 per sqft.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 20 March 2022, is AED 250,000 a year: a gross yield of 3.3% on the 2023 price, before the service charge of about AED 78,300 a year.
Sales and rents for 403 over time
403 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 403 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 | ||
| 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 | ||
| 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 4th floor
All 29 units in Dream Palm Residence403, Dream Palm Residence in numbers
- Sold twice: first on 8 July 2013 for AED 6,762,886, last on 28 November 2023 for AED 7,500,000 (AED 2,514 per sqft).
- Rented since March 2019 on 4 Ejari contracts, from AED 162,000 to AED 250,000 a year.
- At AED 250,000 a year the gross yield on the 2023 price is 3.3%, before a service charge of about AED 78,300 a year (AED 26.26 per sqft).
Source: Dubai Land Department. Updated 28 November 2023.
Questions about 403, Dream Palm Residence
What did unit 403 last sell for?
AED 7,500,000 on 28 November 2023: AED 2,514 per sqft for 2,983 sqft. The unit has 2 registered sales; the first was AED 6,762,886 in July 2013.
What is the rent for unit 403?
AED 250,000 a year on the contract signed on 20 March 2022. The previous contract, from March 2021, was AED 180,000; the unit has been rented since March 2019.
How big is unit 403?
2,983 sqft (277.1 sqm): a three-bedroom apartment on the 4th floor of a 7-storey tower completed in 2013.
What is unit 403 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 403, Dream Palm Residence
Starts from the last sale price (AED 7.5M, 28 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 7,500,000
- Deposit, UAE resident (20%)
- AED 1,500,000
- Deposit, non-resident (40%)
- AED 3,000,000
- Monthly over 25 years at 3.7%
- AED 30,685
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →