1701, 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.
Property timeline for 1701, Palace Residences 1
What is 1701 worth today?
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Source: Dubai Land Department. Updated 15 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 750 sqft
- Floor
- 17th of 21
- Parking
- 1
- Developer
- Dubai Hills Estate
- Last sold
- AED 1.96M · July 2024
- Building
- Palace Residences 1
About 1701, Palace Residences 1
1701 is a one-bedroom apartment of 750 sqft on the 17th 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 1,957,888, or AED 2,611 per sqft, 9% above the AED 2,397 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1701 over time
1701 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in Palace Residences 1, and where 1701 sits
All 120 1-beds →1701 last sold in July 2024 at AED 2,611 per sqft, 9% above what one-beds in Palace Residences 1 were fetching at the time (AED 2,397). Over the last 12 months one-beds sold for AED 1,766,888 to 1,805,888, around AED 2,383 per sqft.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 May 202621 May 2026 | 747 sqft | 1,766,888 | 2,364 | ||
| 21 Apr 202621 April 2026 | 747 sqft | 1,781,888 | 2,383 | ||
| 15 Apr 202615 April 2026 | 747 sqft | 1,805,888 | 2,416 | ||
| 25 Sep 202525 September 2025 | 747 sqft | 1,788,888 | 2,393 |
Palace Residences 1
Building284 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
Other units on the 17th floor
All 284 units in Palace Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1702 | 3-bed | 1,488 sqft | AED 3.67MAED 3,672,888 · Jul 2024July 2024 | ||
| 1703 | 3-bed | 1,543 sqft | AED 4.09MAED 4,093,550 · Jul 2024July 2024 | ||
| 1704 | 2-bed | 1,220 sqft | AED 2.82MAED 2,821,888 · Jul 2024July 2024 | ||
| 1705 | 2-bed | 1,124 sqft | AED 2.6MAED 2,602,888 · Jul 2024July 2024 | ||
| 1706 | 2-bed | 1,118 sqft | AED 2.59MAED 2,586,888 · Jul 2024July 2024 | ||
| 1707 | 2-bed | 1,208 sqft | AED 2.68MAED 2,681,888 · Jul 2024July 2024 |
1701, Palace Residences 1 in numbers
- Sold once: by Dubai Hills Estate on 15 July 2024 for AED 1,957,888, or AED 2,611 per sqft.
- One-beds in Palace Residences 1 sold for AED 1,766,888–1,805,888 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 1701, Palace Residences 1
What did unit 1701 last sell for?
AED 1,957,888 on 15 July 2024, sold by the developer: AED 2,611 per sqft for 750 sqft. It is the only registered sale of the unit.
How big is unit 1701?
750 sqft (69.7 sqm): a one-bedroom apartment on the 17th floor of a 21-storey tower.
What is unit 1701 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Palace Residences 1 sold for AED 1,766,888 to 1,805,888 in the last 12 months, around AED 2,383 per sqft.
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Mortgage on 1701, Palace Residences 1
Starts from the last sale price (AED 1.96M, 15 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,957,888
- Deposit, UAE resident (20%)
- AED 391,578
- Deposit, non-resident (40%)
- AED 783,155
- Monthly over 25 years at 3.7%
- AED 8,010
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →