2-bed · 1,207 sqftPalace Residences 1, Dubai Hills Estate · 9th floor

908, 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 908 · DLD and Ejari recordsUpdated 12 July 2024
Last soldAED 2.64M12 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 908, Palace Residences 1

What is 908 worth today?

Last sold for AED 2,635,888 in 2024

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12 Jul 2024Sold by developerOff-plan
AED 2,635,888AED 2,183 per sqft

Source: Dubai Land Department. Updated 12 July 2024.

Key facts

Type
2-bed apartment
Size
1,207 sqft
Floor
9th of 21
Parking
1
Developer
Dubai Hills Estate
Last sold
AED 2.64M · July 2024

About 908, Palace Residences 1

908 is a two-bedroom apartment of 1,207 sqft on the 9th floor of Palace Residences 1, a 21-storey tower in Dubai Hills Estate by Dubai Hills Estate. The developer sold it on 12 July 2024 for AED 2,635,888, or AED 2,183 per sqft, 6% below the AED 2,317 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 908 over time

Sales
Unit 908, each saleTypical two-bed in Palace Residences 1
2.7M2024202520262027Typical sale price by year: 2024 AED 2,723,888; 2025 AED 2,770,388; 2026 AED 2,765,765Sold by developer, July 2024: AED 2,635,888 (AED 2,183 per sqft)

908 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 908 sits

All 132 2-beds →

908 last sold in July 2024 at AED 2,183 per sqft, 6% below what two-beds in Palace Residences 1 were fetching at the time (AED 2,317). 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 9th floor

All 284 units in Palace Residences 1
Value
9012-bedAED 2.71M · Jul 2024
9022-bedAED 2.75M · Jul 2024
9033-bedAED 4.09M · Jul 2024
9042-bedAED 2.78M · Jul 2024
9051-bedAED 1.81M · Jul 2024
9061-bedAED 1.79M · Jul 2024
9071-bedAED 1.8M · Jul 2024
1–7 of 15

908, Palace Residences 1 in numbers

  • Sold once: by Dubai Hills Estate on 12 July 2024 for AED 2,635,888, or AED 2,183 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 12 July 2024.

Questions about 908, Palace Residences 1

What did unit 908 last sell for?

AED 2,635,888 on 12 July 2024, sold by the developer: AED 2,183 per sqft for 1,207 sqft. It is the only registered sale of the unit.

How big is unit 908?

1,207 sqft (112.1 sqm): a two-bedroom apartment on the 9th floor of a 21-storey tower.

What is unit 908 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 908, Palace Residences 1

Starts from the last sale price (AED 2.64M, 12 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,635,888
Deposit, UAE resident (20%)
AED 527,178
Deposit, non-resident (40%)
AED 1,054,355
Monthly over 25 years at 3.7%
AED 10,784

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