
201, Palme Couture
Sold prices and rental history: sold twice, last in January 2022, and rented once, from April 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 201, Palme Couture
What is 201 worth today?
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Source: Dubai Land Department. Updated 4 January 2022.
Key facts
- Type
- 5-bed apartment
- Size
- 10,185 sqft
- Floor
- 2nd of 8
- Parking
- B-24, B-25, B-26
- Developer
- Innovate Development
- Completed
- 2015
- Service charge
- AED 431,100 /yr
- Last sold
- AED 48M · January 2022
- Building
- Palme Couture
About 201, Palme Couture
201 is a five-bedroom apartment of 10,185 sqft on the 2nd floor of Palme Couture, a 8-storey tower in Palm Jumeirah completed in 2015 by Innovate Development . It last sold on 4 January 2022 for AED 48,000,000, or AED 4,712 per sqft.
One Ejari contract is registered, from 16 April 2019. The current contract, signed on 16 April 2019, is AED 700,000 a year: a gross yield of 1.5% on the 2022 price, before the service charge of about AED 431,100 a year.
5-beds in Palme Couture, and where 201 sits
All 2 5-beds →| Recent 5-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 31 Jan 202131 January 2021 | 10,087 sqft | 43,500,000 | 4,312 | ||
| 18 Dec 201818 December 2018 | 10,087 sqft | 35,000,000 | 3,469 |
Palme Couture
Building15 apartments, 3-bed to 5-bed over 8 floors in Palm Jumeirah, completed in 2015 by Innovate Development . No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- Few contracts
- Typical yield
Other units on the 2nd floor
All 15 units in Palme Couture| ValueToday's value | |||||
|---|---|---|---|---|---|
| 202 | 5-bed | 10,087 sqft | AED 43.5MAED 43,500,000 · Jan 2021January 2021 |
201, Palme Couture in numbers
- Sold twice: first on 7 April 2019 for AED 33,694,000, last on 4 January 2022 for AED 48,000,000 (AED 4,712 per sqft).
- Rented since April 2019 on one Ejari contract, at AED 700,000 a year.
- At AED 700,000 a year the gross yield on the 2022 price is 1.5%, before a service charge of about AED 431,100 a year (AED 42.33 per sqft).
Source: Dubai Land Department. Updated 4 January 2022.
Questions about 201, Palme Couture
What did unit 201 last sell for?
AED 48,000,000 on 4 January 2022: AED 4,712 per sqft for 10,185 sqft. The unit has 2 registered sales; the first was AED 33,694,000 in April 2019.
What is the rent for unit 201?
AED 700,000 a year on the contract signed on 16 April 2019.
How big is unit 201?
10,185 sqft (946.2 sqm): a five-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2015.
What is unit 201 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 201, Palme Couture
Starts from the last sale price (AED 48M, 4 January 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 48,000,000
- Deposit, UAE resident (20%)
- AED 9,600,000
- Deposit, non-resident (40%)
- AED 19,200,000
- Monthly over 25 years at 3.7%
- AED 196,383
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →