1706, 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 1706, Palace Residences 1
What is 1706 worth today?
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Source: Dubai Land Department. Updated 15 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,118 sqft
- Floor
- 17th of 21
- Parking
- 1
- Developer
- Dubai Hills Estate
- Last sold
- AED 2.59M · July 2024
- Building
- Palace Residences 1
About 1706, Palace Residences 1
1706 is a two-bedroom apartment of 1,118 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 2,586,888, or AED 2,313 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 1706 over time
1706 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 1706 sits
All 132 2-beds →1706 last sold in July 2024 at AED 2,313 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Oct 20263 October 2026 | 1,220 sqft | 2,923,324 | 2,397 | ||
| 3 Oct 20263 October 2026 | 1,207 sqft | 2,773,564 | 2,297 | ||
| 11 Aug 202611 August 2026 | 1,219 sqft | 2,300,000 | 1,886 | ||
| 1 Jul 20261 July 2026 | 1,208 sqft | 2,691,888 | 2,228 |
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 | |||||
|---|---|---|---|---|---|
| 1701 | 1-bed | 750 sqft | AED 1.96MAED 1,957,888 · Jul 2024July 2024 | ||
| 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 | ||
| 1707 | 2-bed | 1,208 sqft | AED 2.68MAED 2,681,888 · Jul 2024July 2024 |
1706, Palace Residences 1 in numbers
- Sold once: by Dubai Hills Estate on 15 July 2024 for AED 2,586,888, or AED 2,313 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 1706, Palace Residences 1
What did unit 1706 last sell for?
AED 2,586,888 on 15 July 2024, sold by the developer: AED 2,313 per sqft for 1,118 sqft. It is the only registered sale of the unit.
How big is unit 1706?
1,118 sqft (103.9 sqm): a two-bedroom apartment on the 17th floor of a 21-storey tower.
What is unit 1706 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 1706, Palace Residences 1
Starts from the last sale price (AED 2.59M, 15 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,586,888
- Deposit, UAE resident (20%)
- AED 517,378
- Deposit, non-resident (40%)
- AED 1,034,755
- Monthly over 25 years at 3.7%
- AED 10,584
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →