1-bed · 751 sqftPalace Residences 1, Dubai Hills Estate · 7th floor

712, 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 712 · DLD and Ejari recordsUpdated 11 July 2024
Last soldAED 1.8M11 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 712, Palace Residences 1

What is 712 worth today?

Last sold for AED 1,797,888 in 2024

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11 Jul 2024Sold by developerOff-plan
AED 1,797,888AED 2,393 per sqft

Source: Dubai Land Department. Updated 11 July 2024.

Key facts

Type
1-bed apartment
Size
751 sqft
Floor
7th of 21
Parking
1
Developer
Dubai Hills Estate
Last sold
AED 1.8M · July 2024

About 712, Palace Residences 1

712 is a one-bedroom apartment of 751 sqft on the 7th floor of Palace Residences 1, a 21-storey tower in Dubai Hills Estate by Dubai Hills Estate. The developer sold it on 11 July 2024 for AED 1,797,888, or AED 2,393 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 712 over time

Sales
Unit 712, 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 1,797,888 (AED 2,393 per sqft)

712 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 712 sits

All 120 1-beds →

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 7th floor

All 284 units in Palace Residences 1
Value
7012-bedAED 2.76M · Feb 2026
7022-bedAED 2.74M · Jul 2024
7033-bedAED 4.08M · Jul 2024
7042-bedAED 2.77M · Jul 2024
7051-bedAED 1.8M · Jul 2024
7061-bedAED 1.79M · Jul 2024
7071-bedAED 1.8M · Jul 2024
1–7 of 15

712, Palace Residences 1 in numbers

  • Sold once: by Dubai Hills Estate on 11 July 2024 for AED 1,797,888, or AED 2,393 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 11 July 2024.

Questions about 712, Palace Residences 1

What did unit 712 last sell for?

AED 1,797,888 on 11 July 2024, sold by the developer: AED 2,393 per sqft for 751 sqft. It is the only registered sale of the unit.

How big is unit 712?

751 sqft (69.8 sqm): a one-bedroom apartment on the 7th floor of a 21-storey tower.

What is unit 712 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 712, Palace Residences 1

Starts from the last sale price (AED 1.8M, 11 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,797,888
Deposit, UAE resident (20%)
AED 359,578
Deposit, non-resident (40%)
AED 719,155
Monthly over 25 years at 3.7%
AED 7,356

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