2-bed · 1,220 sqftPalace Residences 1, Dubai Hills Estate · 10th floor

1004, Palace Residences 1

Sold prices and rental history: sold once, by the developer in July 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1004 · DLD and Ejari recordsUpdated 15 July 2024
Last soldAED 2.78M15 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1004, Palace Residences 1

What is 1004 worth today?

Last sold for AED 2,784,888 in 2024

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15 Jul 2024Sold by developerOff-plan
AED 2,784,888AED 2,283 per sqft

Source: Dubai Land Department. Updated 15 July 2024.

Key facts

Type
2-bed apartment
Size
1,220 sqft
Floor
10th of 21
Parking
1
Developer
Dubai Hills Estate
Last sold
AED 2.78M · July 2024

About 1004, Palace Residences 1

1004 is a two-bedroom apartment of 1,220 sqft on the 10th floor of Palace Residences 1, a 21-storey tower in Dubai Hills Estate by Dubai Hills Estate. The developer sold it on 15 July 2024 for AED 2,784,888, or AED 2,283 per sqft, in line with the AED 2,319 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1004 over time

Sales
Unit 1004, each saleTypical two-bed in Palace Residences 1
2.75M2024202520262027Typical sale price by year: 2024 AED 2,723,888; 2025 AED 2,770,388; 2026 AED 2,765,765Sold by developer, July 2024: AED 2,784,888 (AED 2,283 per sqft)

1004 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Palace Residences 1, and where 1004 sits

All 132 2-beds →

1004 last sold in July 2024 at AED 2,283 per sqft, in line with what two-beds in Palace Residences 1 were fetching at the time (AED 2,319). Over the last 12 months two-beds sold for AED 2,300,000 to 2,923,324, around AED 2,373 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Oct 20262,923,324
3 Oct 20262,773,564
11 Aug 20262,300,000
1 Jul 20262,691,888
8 2-bed sales in the last 12 months

Palace Residences 1

Building

284 apartments, 1-bed to 3-bed over 21 floors in Dubai Hills Estate by Dubai Hills Estate. 11 sold in the last 12 months.

Typical price per sqft
AED 2,383 Down 0.2%
Typical sale
AED 2.69M
Typical rent
Few contracts
Typical yield
Palace Residences 1, Dubai Hills Estate: prices, sales and rents →

Other units on the 10th floor

All 284 units in Palace Residences 1
Value
10012-bedAED 2.72M · Jul 2024
10022-bedAED 2.76M · Jul 2024
10033-bedAED 4.1M · Jul 2024
10051-bedAED 1.81M · Jul 2024
10061-bedAED 1.8M · Jul 2024
10071-bedAED 1.81M · Jul 2024
10082-bedAED 2.64M · Jul 2024
1–7 of 15

1004, Palace Residences 1 in numbers

  • Sold once: by Dubai Hills Estate on 15 July 2024 for AED 2,784,888, or AED 2,283 per sqft.
  • Two-beds in Palace Residences 1 sold for AED 2,300,000–2,923,324 in the 12 months to November 2026; the building's median across all types is AED 2,383 per sqft.

Source: Dubai Land Department. Updated 15 July 2024.

Questions about 1004, Palace Residences 1

What did unit 1004 last sell for?

AED 2,784,888 on 15 July 2024, sold by the developer: AED 2,283 per sqft for 1,220 sqft. It is the only registered sale of the unit.

How big is unit 1004?

1,220 sqft (113.3 sqm): a two-bedroom apartment on the 10th floor of a 21-storey tower.

What is unit 1004 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Palace Residences 1 sold for AED 2,300,000 to 2,923,324 in the last 12 months, around AED 2,373 per sqft.

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Mortgage on 1004, Palace Residences 1

Starts from the last sale price (AED 2.78M, 15 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,784,888
Deposit, UAE resident (20%)
AED 556,978
Deposit, non-resident (40%)
AED 1,113,955
Monthly over 25 years at 3.7%
AED 11,394

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →