602, Palme Couture
Sold prices and rental history: sold twice, last in March 2021, 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 602, Palme Couture
What is 602 worth today?
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Source: Dubai Land Department. Updated 4 March 2021.
Key facts
- Type
- 3-bed apartment
- Size
- 4,917 sqft
- Floor
- 6th of 8
- Parking
- B-4,B-5,B-13, B-14
- Developer
- Innovate Development
- Completed
- 2015
- Service charge
- AED 208,100 /yr
- Last sold
- AED 20M · March 2021
- Building
- Palme Couture
About 602, Palme Couture
602 is a three-bedroom apartment of 4,917 sqft on the 6th floor of Palme Couture, a 8-storey tower in Palm Jumeirah completed in 2015 by Innovate Development . It last sold on 4 March 2021 for AED 20,000,000, or AED 4,067 per sqft, 20% above the AED 3,393 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 602 over time
602 has sold twice; the dashed line is the three-bed median of each year in the building.
3-beds in Palme Couture, and where 602 sits
All 8 3-beds →602 last sold in March 2021 at AED 4,067 per sqft, 20% above what three-beds in Palme Couture were fetching at the time (AED 3,393).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Jul 202221 July 2022 | 4,937 sqft | 35,000,000 | 7,089 | ||
| 24 Jan 202224 January 2022 | 4,774 sqft | 24,000,000 | 5,027 | ||
| 28 Jul 202128 July 2021 | 4,323 sqft | 23,000,000 | 5,320 | ||
| 24 May 202124 May 2021 | 4,777 sqft | 20,000,000 | 4,187 |
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 6th floor
All 15 units in Palme Couture| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 3-bed | 4,936 sqft | AED 18MAED 18,000,000 · Mar 2021March 2021 |
602, Palme Couture in numbers
- Sold twice: first on 20 February 2019 for AED 737,559, last on 4 March 2021 for AED 20,000,000 (AED 4,067 per sqft).
Source: Dubai Land Department. Updated 4 March 2021.
Questions about 602, Palme Couture
What did unit 602 last sell for?
AED 20,000,000 on 4 March 2021: AED 4,067 per sqft for 4,917 sqft. The unit has 2 registered sales; the first was AED 737,559 in February 2019.
How big is unit 602?
4,917 sqft (456.8 sqm): a three-bedroom apartment on the 6th floor of a 8-storey tower completed in 2015.
What is unit 602 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 602, Palme Couture
Starts from the last sale price (AED 20M, 4 March 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 20,000,000
- Deposit, UAE resident (20%)
- AED 4,000,000
- Deposit, non-resident (40%)
- AED 8,000,000
- Monthly over 25 years at 3.7%
- AED 81,826
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →