2-bed · 1,153 sqftPalladium Tower, Jumeirah Lake Towers (JLT) · 20th floor · completed 2007

2003, Palladium Tower

Sold prices and rental history: sold 4 times, last in April 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2003 · DLD and Ejari recordsUpdated 1 December 2022
Last soldAED 827K11 April 2011
Current rentAED 85K /yr1 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2003, Palladium Tower

What is 2003 worth today?

Last sold for AED 826,745 in 2011

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1 Dec 2022RentedRenewal
AED 85,000/yr12 months · AED 74 per sqft
1 Dec 2020RentedNew contract
AED 60,000/yr12 months · AED 52 per sqft
25 Jun 2019RentedRenewal
AED 82,500/yr12 months · AED 72 per sqft
25 Jun 2018RentedNew contract
AED 85,000/yr12 months · AED 74 per sqft
15 Aug 2015RentedNew contract
AED 112,000/yr12 months · AED 97 per sqft
20 Feb 2014RentedNew contract
AED 90,000/yr12 months · AED 78 per sqft
11 Apr 2011SoldReady
AED 826,745AED 717 per sqft
16 Sep 2010SoldOff-plan
AED 760,000AED 659 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 December 2022.

Key facts

Type
2-bed apartment
Size
1,153 sqft
Floor
20th of 33
Parking
1
Developer
ETA Star Property Developers
Completed
2007
Service charge
AED 14,300 /yr
Last sold
AED 827K · April 2011

About 2003, Palladium Tower

2003 is a two-bedroom apartment of 1,153 sqft on the 20th floor of Palladium Tower, a 33-storey tower in Jumeirah Lake Towers (JLT) completed in 2007 by ETA Star Property Developers. It last sold on 11 April 2011 for AED 826,745, or AED 717 per sqft, in line with the AED 711 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 1 December 2022, is AED 85,000 a year: a gross yield of 10.3% on the 2011 price, before the service charge of about AED 14,300 a year.

Sales and rents for 2003 over time

Sales
Unit 2003, each saleTypical two-bed in Palladium Tower
1M2009201420192024Typical sale price by year: 2009 AED 606,884; 2010 AED 823,373; 2011 AED 598,757; 2012 AED 660,540; 2013 AED 727,188; 2014 AED 953,575; 2015 AED 1,420,000; 2016 AED 894,982; 2017 AED 1,385,000; 2018 AED 1,200,000; 2019 AED 932,500; 2020 AED 890,000; 2021 AED 945,000; 2022 AED 1,180,000; 2023 AED 1,230,000; 2024 AED 1,575,000; 2025 AED 1,680,000; 2026 AED 1,752,500Sold by developer, October 2009: AED 826,745 (AED 717 per sqft)Sold, September 2010: AED 760,000 (AED 659 per sqft)Sold, September 2010: AED 760,000 (AED 659 per sqft)Sold, April 2011: AED 826,745 (AED 717 per sqft)

2003 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2003, each contractTypical two-bed in Palladium Tower
50K100K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 90,000; 2014 AED 106,950; 2015 AED 115,500; 2016 AED 115,000; 2017 AED 110,000; 2018 AED 90,125; 2019 AED 82,500; 2020 AED 69,500; 2021 AED 66,000; 2022 AED 78,000; 2023 AED 89,625; 2024 AED 104,500; 2025 AED 114,000; 2026 AED 122,500New contract, February 2014: AED 90,000 a yearNew contract, August 2015: AED 112,000 a yearNew contract, June 2018: AED 85,000 a yearRenewal, June 2019: AED 82,500 a yearNew contract, December 2020: AED 60,000 a yearRenewal, December 2022: AED 85,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Palladium Tower, and where 2003 sits

All 139 2-beds →

2003 last sold in April 2011 at AED 717 per sqft, in line with what two-beds in Palladium Tower were fetching at the time (AED 711). Over the last 12 months two-beds sold for AED 1,331,272 to 1,850,000, around AED 1,496 per sqft, and rent for AED 72,000 to 130,000 a year. 2003's AED 85,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Feb 20261,850,000
4 Feb 20261,331,272
15 Jan 20261,715,000
7 Jan 20261,790,000
5 2-bed sales in the last 12 months

Palladium Tower

Building

211 apartments, 1-bed to 3-bed over 33 floors in Jumeirah Lake Towers (JLT), completed in 2007 by ETA Star Property Developers. 5 sold in the last 12 months.

Typical price per sqft
AED 1,496
Typical sale
AED 1.73M
Typical rent
AED 125K /yr
Typical yield
6.4%
Palladium Tower, Jumeirah Lake Towers (JLT): prices, sales and rents →

Other units on the 20th floor

All 211 units in Palladium Tower
Value
20011-bedAED 840K · Nov 2013
20022-bedAED 873K · Mar 2013
20042-bedAED 1.73M · Dec 2025
20052-bedAED 490K · Apr 2016
20061-bedAED 584K · Nov 2014
2007AED 1.68M · Aug 2025
20082-bedAED 1.2M · Aug 2018
1–7 of 9

2003, Palladium Tower in numbers

  • Sold 4 times: first on 28 October 2009 for AED 826,745, last on 11 April 2011 for AED 826,745 (AED 717 per sqft).
  • Rented since February 2014 on 6 Ejari contracts. The rent fell from AED 90,000 to AED 60,000 in 2020 and recovered to AED 85,000 by December 2022.
  • At AED 85,000 a year the gross yield on the 2011 price is 10.3%, before a service charge of about AED 14,300 a year (AED 12.39 per sqft).
  • Two-beds in Palladium Tower sold for AED 1,331,272–1,850,000 in the 12 months to November 2026; the building's median across all types is AED 1,496 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 December 2022.

Questions about 2003, Palladium Tower

What did unit 2003 last sell for?

AED 826,745 on 11 April 2011: AED 717 per sqft for 1,153 sqft. The unit has 4 registered sales; the first was AED 826,745 in October 2009.

What is the rent for unit 2003?

AED 85,000 a year on the contract renewed on 1 December 2022. The previous contract, from December 2020, was AED 60,000; the unit has been rented since February 2014.

How big is unit 2003?

1,153 sqft (107.1 sqm): a two-bedroom apartment on the 20th floor of a 33-storey tower completed in 2007.

What is unit 2003 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Palladium Tower sold for AED 1,331,272 to 1,850,000 in the last 12 months, around AED 1,496 per sqft.

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Mortgage on 2003, Palladium Tower

Starts from the last sale price (AED 827K, 11 April 2011). Switch to today's estimate once you have unlocked it.
Price
AED 826,745
Deposit, UAE resident (20%)
AED 165,349
Deposit, non-resident (40%)
AED 330,698
Monthly over 25 years at 3.7%
AED 3,382

Plus AED 39,733 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →