1-bed · 752 sqftPalace Residences 1, Dubai Hills Estate · 3rd floor

307, 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 307 · DLD and Ejari recordsUpdated 15 July 2024
Last soldAED 1.78M15 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Palace Residences 1

What is 307 worth today?

Last sold for AED 1,783,888 in 2024

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15 Jul 2024Sold by developerOff-plan
AED 1,783,888AED 2,373 per sqft

Source: Dubai Land Department. Updated 15 July 2024.

Key facts

Type
1-bed apartment
Size
752 sqft
Floor
3rd of 21
Parking
1
Developer
Dubai Hills Estate
Last sold
AED 1.78M · July 2024

About 307, Palace Residences 1

307 is a one-bedroom apartment of 752 sqft on the 3rd 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 1,783,888, or AED 2,373 per sqft, in line with 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 307 over time

Sales
Unit 307, each saleTypical one-bed in Palace Residences 1
1.78M1.79M1.8M2024202520262027Typical sale price by year: 2024 AED 1,797,888; 2025 AED 1,788,888; 2026 AED 1,781,888Sold by developer, July 2024: AED 1,783,888 (AED 2,373 per sqft)

307 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 307 sits

All 120 1-beds →

307 last sold in July 2024 at AED 2,373 per sqft, in line with 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 salesUnit no.Price (AED)Summary
21 May 20261,766,888
21 Apr 20261,781,888
15 Apr 20261,805,888
25 Sep 20251,788,888
3 1-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 3rd floor

All 284 units in Palace Residences 1
Value
3012-bedAED 2.67M · Jul 2024
3022-bedAED 2.69M · Jul 2024
3033-bedAED 4.01M · Jul 2024
3042-bedAED 2.75M · Jul 2024
3051-bedAED 1.79M · Jul 2024
3061-bedAED 1.77M · Jul 2024
3082-bedAED 2.61M · Jul 2024
1–7 of 15

307, Palace Residences 1 in numbers

  • Sold once: by Dubai Hills Estate on 15 July 2024 for AED 1,783,888, or AED 2,373 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 307, Palace Residences 1

What did unit 307 last sell for?

AED 1,783,888 on 15 July 2024, sold by the developer: AED 2,373 per sqft for 752 sqft. It is the only registered sale of the unit.

How big is unit 307?

752 sqft (69.9 sqm): a one-bedroom apartment on the 3rd floor of a 21-storey tower.

What is unit 307 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 307, Palace Residences 1

Starts from the last sale price (AED 1.78M, 15 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,783,888
Deposit, UAE resident (20%)
AED 356,778
Deposit, non-resident (40%)
AED 713,555
Monthly over 25 years at 3.7%
AED 7,298

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