2002, 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 2002, Palace Residences 1
What is 2002 worth today?
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Source: Dubai Land Department. Updated 15 July 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,488 sqft
- Floor
- 20th of 21
- Parking
- 2
- Developer
- Dubai Hills Estate
- Last sold
- AED 3.69M · July 2024
- Building
- Palace Residences 1
About 2002, Palace Residences 1
2002 is a three-bedroom apartment of 1,488 sqft on the 20th 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 3,693,888, or AED 2,482 per sqft, in line with 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 2002 sits
All 41 3-beds →2002 last sold in July 2024 at AED 2,482 per sqft, in line with what three-beds in Palace Residences 1 were fetching at the time (AED 2,475).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Aug 202528 August 2025 | 1,546 sqft | 3,800,000 | 2,457 | ||
| 18 Oct 202418 October 2024 | 1,542 sqft | 4,401,888 | 2,853 | ||
| 24 Jul 202424 July 2024 | 1,542 sqft | 3,897,492 | 2,526 | ||
| 18 Jul 202418 July 2024 | 1,542 sqft | 4,098,888 | 2,657 |
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 20th floor
All 284 units in Palace Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 1-bed | 750 sqft | AED 1.97MAED 1,968,888 · Jul 2024July 2024 | ||
| 2003 | 3-bed | 1,543 sqft | AED 4.18MAED 4,179,888 · Jul 2024July 2024 | ||
| 2004 | 2-bed | 1,220 sqft | AED 2.84MAED 2,837,888 · Jul 2024July 2024 | ||
| 2005 | 2-bed | 1,124 sqft | AED 2.64MAED 2,640,000 · Apr 2026April 2026 | ||
| 2006 | 2-bed | 1,118 sqft | AED 2.6MAED 2,601,888 · Jul 2024July 2024 | ||
| 2007 | 2-bed | 1,208 sqft | AED 2.7MAED 2,696,888 · Jul 2024July 2024 |
2002, Palace Residences 1 in numbers
- Sold once: by Dubai Hills Estate on 15 July 2024 for AED 3,693,888, or AED 2,482 per sqft.
Source: Dubai Land Department. Updated 15 July 2024.
Questions about 2002, Palace Residences 1
What did unit 2002 last sell for?
AED 3,693,888 on 15 July 2024, sold by the developer: AED 2,482 per sqft for 1,488 sqft. It is the only registered sale of the unit.
How big is unit 2002?
1,488 sqft (138.2 sqm): a three-bedroom apartment on the 20th floor of a 21-storey tower.
What is unit 2002 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 2002, Palace Residences 1
Starts from the last sale price (AED 3.69M, 15 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,693,888
- Deposit, UAE resident (20%)
- AED 738,778
- Deposit, non-resident (40%)
- AED 1,477,555
- Monthly over 25 years at 3.7%
- AED 15,113
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →