2-bed · 1,309 sqftPalace Residences 1, Dubai Hills Estate · Ground floor

G01, Palace Residences 1

Sold prices and rental history: sold once, by the developer in September 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G01 · DLD and Ejari recordsUpdated 24 September 2024
Last soldAED 3M24 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G01, Palace Residences 1

What is G01 worth today?

Last sold for AED 3,001,888 in 2024

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24 Sep 2024Sold by developerOff-plan
AED 3,001,888AED 2,292 per sqft

Source: Dubai Land Department. Updated 24 September 2024.

Key facts

Type
2-bed apartment
Size
1,309 sqft
Floor
Ground of 21
Parking
1
Developer
Dubai Hills Estate
Last sold
AED 3M · September 2024

About G01, Palace Residences 1

G01 is a two-bedroom apartment of 1,309 sqft on the ground floor of Palace Residences 1, a 21-storey tower in Dubai Hills Estate by Dubai Hills Estate. The developer sold it on 24 September 2024 for AED 3,001,888, or AED 2,292 per sqft, in line with 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 G01 over time

Sales
Unit G01, each saleTypical two-bed in Palace Residences 1
2.8M3M2024202520262027Typical sale price by year: 2024 AED 2,723,888; 2025 AED 2,770,388; 2026 AED 2,765,765Sold by developer, September 2024: AED 3,001,888 (AED 2,292 per sqft)

G01 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 G01 sits

All 132 2-beds →

G01 last sold in September 2024 at AED 2,292 per sqft, in line with 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 ground floor

All 284 units in Palace Residences 1
Value
G021-bedAED 1.82M · Aug 2024
G031-bedAED 1.83M · Oct 2024
G041-bedAED 1.89M · Sep 2024
G052-bedAED 2.63M · Jul 2024

G01, Palace Residences 1 in numbers

  • Sold once: by Dubai Hills Estate on 24 September 2024 for AED 3,001,888, or AED 2,292 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 24 September 2024.

Questions about G01, Palace Residences 1

What did unit G01 last sell for?

AED 3,001,888 on 24 September 2024, sold by the developer: AED 2,292 per sqft for 1,309 sqft. It is the only registered sale of the unit.

How big is unit G01?

1,309 sqft (121.6 sqm): a two-bedroom apartment on the ground floor of a 21-storey tower.

What is unit G01 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 G01, Palace Residences 1

Starts from the last sale price (AED 3M, 24 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,001,888
Deposit, UAE resident (20%)
AED 600,378
Deposit, non-resident (40%)
AED 1,200,755
Monthly over 25 years at 3.7%
AED 12,282

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