2004, 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 2004, Palace Residences 1
What is 2004 worth today?
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Source: Dubai Land Department. Updated 15 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,220 sqft
- Floor
- 20th of 21
- Parking
- 1
- Developer
- Dubai Hills Estate
- Last sold
- AED 2.84M · July 2024
- Building
- Palace Residences 1
About 2004, Palace Residences 1
2004 is a two-bedroom apartment of 1,220 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 2,837,888, or AED 2,326 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 2004 over time
2004 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 2004 sits
All 132 2-beds →2004 last sold in July 2024 at AED 2,326 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 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 | ||
| 2002 | 3-bed | 1,488 sqft | AED 3.69MAED 3,693,888 · Jul 2024July 2024 | ||
| 2003 | 3-bed | 1,543 sqft | AED 4.18MAED 4,179,888 · 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 |
2004, Palace Residences 1 in numbers
- Sold once: by Dubai Hills Estate on 15 July 2024 for AED 2,837,888, or AED 2,326 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 2004, Palace Residences 1
What did unit 2004 last sell for?
AED 2,837,888 on 15 July 2024, sold by the developer: AED 2,326 per sqft for 1,220 sqft. It is the only registered sale of the unit.
How big is unit 2004?
1,220 sqft (113.3 sqm): a two-bedroom apartment on the 20th floor of a 21-storey tower.
What is unit 2004 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 2004, Palace Residences 1
Starts from the last sale price (AED 2.84M, 15 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,837,888
- Deposit, UAE resident (20%)
- AED 567,578
- Deposit, non-resident (40%)
- AED 1,135,155
- Monthly over 25 years at 3.7%
- AED 11,611
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →