The Palladium Tower
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The Palladium Tower

About

The Palladium Tower is a premium residential complex located in the Jumeirah Lake Towers area. It consists of 35 floors. Its height is 140 meters.

This tower stands on Al Khail Street. In the building you can find apartments with 1, 2 and 3 bedrooms, as well as space for offices. The 1-bedroom apartments are available in one version only. 2-bedroom apartments are available in four styles and 3-bedroom apartments in two different styles.

Office space is available from AED 536,000 (USD 146,000) for 826-1433 square feet. Residential properties of 923-1950 square feet are available for purchase starting at AED 950,000 (USD 259,000).

The project began in 2005 and was completed in 2007. All units are ready for occupancy. The developer of The Palladium Tower is Nakheel Properties.

Features and amenities of the complex include:

  • 3 high-speed elevators;
  • a temperature controlled swimming pool on the roof;
  • a 24-hour concierge service;
  • a pet friendly environment;
  • private parking;
  • a rooftop jacuzzi
  • a tennis court;
  • 24-hour security and video surveillance;
  • a fully equipped gym;
  • a fitness room;
  • a large jogging track;
  • a children’s play area.
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Location

The Palladium Tower is located in the developed area of Dubai Jumeirah Lake Towers. The building is close to Sheikh Zayed Road. DMCC Metro Station, bus and streetcar stops are all within 5 minutes walking distance.

The complex is surrounded by Vietnamese and European stores, cafes and restaurants. The nearest supermarket, Carrefour Market, is within walking distance. Rose Berry Gardens Flower Market is also within walking distance.
Within easy access by car are:

  • Dubai Mall – 20 minutes drive;
  • Palm Jumeirah – 10 minutes;
  • Burj Al Arab – 15 minutes;
  • Dubai International Airport – 30 minutes;
  • Al Maktoum International Airport – 35 minutes;
  • Ibn Battuta Mall – 10 minutes;
  • Mall of the Emirates – 15 minutes.

The nearby Kids Kingdom Nurseries is a 5-minute drive away. The nearest Emirates International School is Meadows, a 10-minute drive away. One of the closest hospitals is Medcare Medical Center which is about 10 minutes away.

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Payback

The Palladium Tower is a good option for families with children as well as individuals. Tenants choose this location because of its good value for money. The cost of renting an apartment in the complex is not very high. The average annual return on investment in Jumeirah Lakes Towers is 6.38%.

Thanks to the availability of modern amenities, its convenient location and an extensive selection of property types, the complex can be suitable for living in for both families and business people.

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