G01, Dream Palm Residence
Sold prices and rental history: sold twice, last in May 2022, and rented once, from June 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for G01, Dream Palm Residence
What is G01 worth today?
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Source: Dubai Land Department. Updated 10 May 2022.
Key facts
- Type
- 4-bed apartment
- Size
- 7,684 sqft
- Floor
- Ground of 7
- Parking
- B1-65,B1-66,B1-67
- Developer
- Al Fattan Properties
- Completed
- 2013
- Service charge
- AED 201,800 /yr
- Last sold
- AED 16M · May 2022
- Building
- Dream Palm Residence
About G01, Dream Palm Residence
G01 is a four-bedroom apartment of 7,684 sqft on the ground floor of Dream Palm Residence, a 7-storey tower in Palm Jumeirah completed in 2013 by Al Fattan Properties. It last sold on 10 May 2022 for AED 16,000,000, or AED 2,082 per sqft.
One Ejari contract is registered, from 11 June 2019. The current contract, signed on 11 June 2019, is AED 150,000 a year: a gross yield of 0.9% on the 2022 price, before the service charge of about AED 201,800 a year.
4-beds in Dream Palm Residence, and where G01 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 | ||
| 30 Jul 201530 July 2015 | 5,463 sqft | 13,656,350 | 2,499 | ||
| 14 Apr 201514 April 2015 | 5,975 sqft | 13,743,305 | 2,299 | ||
| 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%
G01, Dream Palm Residence in numbers
- Sold twice: first on 29 April 2013 for AED 17,670,900, last on 10 May 2022 for AED 16,000,000 (AED 2,082 per sqft).
- Rented since June 2019 on one Ejari contract, at AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2022 price is 0.9%, before a service charge of about AED 201,800 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 10 May 2022.
Questions about G01, Dream Palm Residence
What did unit G01 last sell for?
AED 16,000,000 on 10 May 2022: AED 2,082 per sqft for 7,684 sqft. The unit has 2 registered sales; the first was AED 17,670,900 in April 2013.
What is the rent for unit G01?
AED 150,000 a year on the contract signed on 11 June 2019.
How big is unit G01?
7,684 sqft (713.9 sqm): a four-bedroom apartment on the ground floor of a 7-storey tower completed in 2013.
What is unit G01 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 G01, Dream Palm Residence
Starts from the last sale price (AED 16M, 10 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 16,000,000
- Deposit, UAE resident (20%)
- AED 3,200,000
- Deposit, non-resident (40%)
- AED 6,400,000
- Monthly over 25 years at 3.7%
- AED 65,461
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →