708, Dream Palm Residence
Sold prices and rental history: sold once, by the developer in March 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 708, Dream Palm Residence
What is 708 worth today?
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Source: Dubai Land Department. Updated 10 March 2014.
Key facts
- Type
- 5-bed apartment
- Size
- 6,887 sqft
- Floor
- 7th of 7
- Parking
- B1-113,B1-114,B1-115,B1-122
- Developer
- Al Fattan Properties
- Completed
- 2013
- Service charge
- AED 180,900 /yr
- Last sold
- AED 15.5M · March 2014
- Building
- Dream Palm Residence
About 708, Dream Palm Residence
708 is a five-bedroom apartment of 6,887 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 10 March 2014 for AED 15,496,020, or AED 2,250 per sqft.
No rental contract for the unit is registered on Ejari.
5-beds in Dream Palm Residence, and where 708 sits
All 3 5-beds →| Recent 5-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Dec 202321 December 2023 | 7,040 sqft | 18,000,000 | 2,556 | ||
| 4 Oct 20234 October 2023 | 7,040 sqft | 15,500,000 | 2,201 | ||
| 27 May 201427 May 2014 | 7,040 sqft | 15,487,670 | 2,199 | ||
| 5 Dec 20135 December 2013 | 6,254 sqft | 13,758,206 | 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 | |
| 702 | 4-bed | 5,975 sqft | AED 13.74MAED 13,743,305 · Apr 2015April 2015 | 1,100,000 /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, Dream Palm Residence in numbers
- Sold once: by Al Fattan Properties on 10 March 2014 for AED 15,496,020, or AED 2,250 per sqft.
Source: Dubai Land Department. Updated 10 March 2014.
Questions about 708, Dream Palm Residence
What did unit 708 last sell for?
AED 15,496,020 on 10 March 2014, sold by the developer: AED 2,250 per sqft for 6,887 sqft. It is the only registered sale of the unit.
How big is unit 708?
6,887 sqft (639.8 sqm): a five-bedroom apartment on the 7th floor of a 7-storey tower completed in 2013.
What is unit 708 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 708, Dream Palm Residence
Starts from the last sale price (AED 15.5M, 10 March 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 15,496,020
- Deposit, UAE resident (20%)
- AED 3,099,204
- Deposit, non-resident (40%)
- AED 6,198,408
- Monthly over 25 years at 3.7%
- AED 63,399
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →