702, Dream Palm Residence
Sold prices and rental history: sold once, by the developer in April 2015, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 702, Dream Palm Residence
What is 702 worth today?
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Source: Dubai Land Department. Updated 1 October 2024.
Key facts
- Type
- 4-bed apartment
- Size
- 5,975 sqft
- Floor
- 7th of 7
- Parking
- B1-49,B1-50,B1-51
- Developer
- Al Fattan Properties
- Completed
- 2013
- Service charge
- AED 156,900 /yr
- Last sold
- AED 13.74M · April 2015
- Building
- Dream Palm Residence
About 702, Dream Palm Residence
702 is a four-bedroom apartment of 5,975 sqft on the 7th floor of Dream Palm Residence, a 7-storey tower in Palm Jumeirah completed in 2013 by Al Fattan Properties. The developer sold it on 14 April 2015 for AED 13,743,305, or AED 2,299 per sqft.
One Ejari contract is registered, from 1 October 2024. The current contract, signed on 1 October 2024, is AED 1,100,000 a year: a gross yield of 8.0% on the 2015 price, before the service charge of about AED 156,900 a year.
4-beds in Dream Palm Residence, and where 702 sits
All 4 4-beds →Over the last 12 months four-beds sold for AED 11,250,000, around AED 2,059 per sqft.
| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Oct 202628 October 2026 | 5,463 sqft | 11,250,000 | 2,059 | ||
| 10 May 202210 May 2022 | 7,684 sqft | 16,000,000 | 2,082 | ||
| 30 Jul 201530 July 2015 | 5,463 sqft | 13,656,350 | 2,499 | ||
| 21 Jan 201521 January 2015 | 5,001 sqft | 11,002,178 | 2,199 |
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 7th floor
All 29 units in Dream Palm Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 4-bed | 5,463 sqft | AED 11.25MAED 11,250,000 · Oct 2026October 2026 | 496,000 /yr | |
| 703 | 5-bed | 6,254 sqft | AED 13.76MAED 13,758,206 · Dec 2013December 2013 | 370,000 /yr | |
| 705 | 4-bed | 5,001 sqft | AED 11MAED 11,002,178 · Jan 2015January 2015 | 725,000 /yr | |
| 706 | 5-bed | 7,040 sqft | AED 18MAED 18,000,000 · Dec 2023December 2023 | 600,000 /yr | |
| 708 | 5-bed | 6,887 sqft | AED 15.5MAED 15,496,020 · Mar 2014March 2014 |
702, Dream Palm Residence in numbers
- Sold once: by Al Fattan Properties on 14 April 2015 for AED 13,743,305, or AED 2,299 per sqft.
- Rented since October 2024 on one Ejari contract, at AED 1,100,000 a year.
- At AED 1,100,000 a year the gross yield on the 2015 price is 8.0%, before a service charge of about AED 156,900 a year (AED 26.26 per sqft).
- Four-beds in Dream Palm Residence sold for AED 11,250,000–11,250,000 in the 12 months to November 2026; the building's median across all types is AED 2,059 per sqft.
Source: Dubai Land Department. Updated 1 October 2024.
Questions about 702, Dream Palm Residence
What did unit 702 last sell for?
AED 13,743,305 on 14 April 2015, sold by the developer: AED 2,299 per sqft for 5,975 sqft. It is the only registered sale of the unit.
What is the rent for unit 702?
AED 1,100,000 a year on the contract signed on 1 October 2024.
How big is unit 702?
5,975 sqft (555.1 sqm): a four-bedroom apartment on the 7th floor of a 7-storey tower completed in 2013.
What is unit 702 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Dream Palm Residence sold for AED 11,250,000 to 11,250,000 in the last 12 months, around AED 2,059 per sqft.
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Mortgage on 702, Dream Palm Residence
Starts from the last sale price (AED 13.74M, 14 April 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 13,743,305
- Deposit, UAE resident (20%)
- AED 2,748,661
- Deposit, non-resident (40%)
- AED 5,497,322
- Monthly over 25 years at 3.7%
- AED 56,228
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →