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3-bed · 1,546 sqftPalace Residences 1, Dubai Hills Estate · 12th floor

1214, 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 1214 · DLD and Ejari recordsUpdated 15 July 2024
Last soldAED 3.68M15 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1214, Palace Residences 1

What is 1214 worth today?

Last sold for AED 3,680,888 in 2024

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15 Jul 2024Sold by developerOff-plan
AED 3,680,888AED 2,380 per sqft

Source: Dubai Land Department. Updated 15 July 2024.

Key facts

Type
3-bed apartment
Size
1,546 sqft
Floor
12th of 21
Parking
2
Developer
Dubai Hills Estate
Last sold
AED 3.68M · July 2024
Building
Palace Residences 1

About 1214, Palace Residences 1

1214 is a three-bedroom apartment of 1,546 sqft on the 12th 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 3,680,888, or AED 2,380 per sqft, 4% below the AED 2,475 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

3-beds in Palace Residences 1, and where 1214 sits

All 41 3-beds →

1214 last sold in July 2024 at AED 2,380 per sqft, 4% below what three-beds in Palace Residences 1 were fetching at the time (AED 2,475).

Recent 3-bed salesUnit no.Price (AED)Summary
28 Aug 20253,800,000
18 Oct 20244,401,888
24 Jul 20243,897,492
18 Jul 20244,098,888
0 3-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 12th floor

All 284 units in Palace Residences 1
Value
12012-bedAED 2.84M · Feb 2026
12022-bedAED 2.77M · Jul 2024
12033-bedAED 4.11M · Jul 2024
12042-bedAED 2.8M · Jul 2024
12051-bedAED 1.82M · Jul 2024
12061-bedAED 1.8M · Jul 2024
12071-bedAED 1.81M · Jul 2024
1–7 of 15

1214, Palace Residences 1 in numbers

  • Sold once: by Dubai Hills Estate on 15 July 2024 for AED 3,680,888, or AED 2,380 per sqft.

Source: Dubai Land Department. Updated 15 July 2024.

Questions about 1214, Palace Residences 1

What did unit 1214 last sell for?

AED 3,680,888 on 15 July 2024, sold by the developer: AED 2,380 per sqft for 1,546 sqft. It is the only registered sale of the unit.

How big is unit 1214?

1,546 sqft (143.6 sqm): a three-bedroom apartment on the 12th floor of a 21-storey tower.

What is unit 1214 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 1214, Palace Residences 1

Starts from the last sale price (AED 3.68M, 15 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,680,888
Deposit, UAE resident (20%)
AED 736,178
Deposit, non-resident (40%)
AED 1,472,355
Monthly over 25 years at 3.7%
AED 15,060

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