311, 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 311, Palace Residences 1
What is 311 worth today?
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Source: Dubai Land Department. Updated 24 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 747 sqft
- Floor
- 3rd of 21
- Parking
- 1
- Developer
- Dubai Hills Estate
- Last sold
- AED 1.77M · July 2024
- Building
- Palace Residences 1
About 311, Palace Residences 1
311 is a one-bedroom apartment of 747 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 24 July 2024 for AED 1,774,888, or AED 2,374 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 311 over time
311 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 311 sits
All 120 1-beds →311 last sold in July 2024 at AED 2,374 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 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 3rd floor
All 284 units in Palace Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,115 sqft | AED 2.67MAED 2,669,888 · Jul 2024July 2024 | ||
| 302 | 2-bed | 1,119 sqft | AED 2.69MAED 2,693,888 · Jul 2024July 2024 | ||
| 303 | 3-bed | 1,542 sqft | AED 4.01MAED 4,010,888 · Jul 2024July 2024 | ||
| 304 | 2-bed | 1,220 sqft | AED 2.75MAED 2,747,888 · Jul 2024July 2024 | ||
| 305 | 1-bed | 752 sqft | AED 1.79MAED 1,785,888 · Jul 2024July 2024 | ||
| 306 | 1-bed | 747 sqft | AED 1.77MAED 1,773,888 · Jul 2024July 2024 | ||
| 307 | 1-bed | 752 sqft | AED 1.78MAED 1,783,888 · Jul 2024July 2024 | ||
| 308 | 2-bed | 1,207 sqft | AED 2.61MAED 2,605,888 · Jul 2024July 2024 | ||
| 309 | 1-bed | 758 sqft | AED 1.8MAED 1,801,888 · Jul 2024July 2024 | ||
| 310 | 1-bed | 743 sqft | AED 1.76MAED 1,763,888 · Jul 2024July 2024 | ||
| 312 | 1-bed | 751 sqft | AED 1.78MAED 1,783,888 · Jul 2024July 2024 | ||
| 313 | 2-bed | 1,219 sqft | AED 2.62MAED 2,616,888 · Jul 2024July 2024 | ||
| 314 | 3-bed | 1,546 sqft | AED 3.6MAED 3,600,888 · Jul 2024July 2024 | ||
| 315 | 2-bed | 1,160 sqft | AED 2.72MAED 2,720,888 · Jul 2024July 2024 | ||
| 316 | 2-bed | 1,169 sqft | AED 2.74MAED 2,735,888 · Jul 2024July 2024 |
311, Palace Residences 1 in numbers
- Sold once: by Dubai Hills Estate on 24 July 2024 for AED 1,774,888, or AED 2,374 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 24 July 2024.
Questions about 311, Palace Residences 1
What did unit 311 last sell for?
AED 1,774,888 on 24 July 2024, sold by the developer: AED 2,374 per sqft for 747 sqft. It is the only registered sale of the unit.
How big is unit 311?
747 sqft (69.4 sqm): a one-bedroom apartment on the 3rd floor of a 21-storey tower.
What is unit 311 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.
Selling 311? Put it on the OpenOffers board
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Mortgage on 311, Palace Residences 1
Starts from the last sale price (AED 1.77M, 24 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,774,888
- Deposit, UAE resident (20%)
- AED 354,978
- Deposit, non-resident (40%)
- AED 709,955
- Monthly over 25 years at 3.7%
- AED 7,262
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →