2-bed · 1,169 sqftPalace Residences 1, Dubai Hills Estate · 7th floor

716, Palace Residences 1

Sold prices and rental history: sold twice, last in October 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 716 · DLD and Ejari recordsUpdated 27 October 2025
Last soldAED 2.77M27 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 716, Palace Residences 1

What is 716 worth today?

Last sold for AED 2,769,888 in 2025

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27 Oct 2025SoldOff-plan
AED 2,769,888AED 2,368 per sqft
23 Aug 2024Sold by developerOff-plan
AED 2,769,888AED 2,368 per sqft

Source: Dubai Land Department. Updated 27 October 2025.

Key facts

Type
2-bed apartment
Size
1,169 sqft
Floor
7th of 21
Parking
1
Developer
Dubai Hills Estate
Last sold
AED 2.77M · October 2025

About 716, Palace Residences 1

716 is a two-bedroom apartment of 1,169 sqft on the 7th floor of Palace Residences 1, a 21-storey tower in Dubai Hills Estate by Dubai Hills Estate. It last sold on 27 October 2025 for AED 2,769,888, or AED 2,368 per sqft, in line with the AED 2,386 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 716 over time

Sales
Unit 716, each saleTypical two-bed in Palace Residences 1
2.73M2.75M2.78M2024202520262027Typical sale price by year: 2024 AED 2,723,888; 2025 AED 2,770,388; 2026 AED 2,765,765Sold by developer, August 2024: AED 2,769,888 (AED 2,368 per sqft)Sold, October 2025: AED 2,769,888 (AED 2,368 per sqft)

716 has sold twice; the dashed line is the two-bed median of each year in the building.

2-beds in Palace Residences 1, and where 716 sits

All 132 2-beds →

716 last sold in October 2025 at AED 2,368 per sqft, in line with what two-beds in Palace Residences 1 were fetching at the time (AED 2,386). 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 salesUnit no.Price (AED)Summary
3 Oct 20262,923,324
3 Oct 20262,773,564
11 Aug 20262,300,000
1 Jul 20262,691,888
8 2-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

716, Palace Residences 1 in numbers

  • Sold twice: first on 23 August 2024 for AED 2,769,888, last on 27 October 2025 for AED 2,769,888 (AED 2,368 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 27 October 2025.

Questions about 716, Palace Residences 1

What did unit 716 last sell for?

AED 2,769,888 on 27 October 2025: AED 2,368 per sqft for 1,169 sqft. The unit has 2 registered sales; the first was AED 2,769,888 in August 2024.

How big is unit 716?

1,169 sqft (108.6 sqm): a two-bedroom apartment on the 7th floor of a 21-storey tower.

What is unit 716 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 716, Palace Residences 1

Starts from the last sale price (AED 2.77M, 27 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,769,888
Deposit, UAE resident (20%)
AED 553,978
Deposit, non-resident (40%)
AED 1,107,955
Monthly over 25 years at 3.7%
AED 11,332

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