1-bed · 862 sqftPalace Residences 1, Dubai Hills Estate · Ground floor

G02, Palace Residences 1

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

Unit G02 · DLD and Ejari recordsUpdated 15 August 2024
Last soldAED 1.82M15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G02, Palace Residences 1

What is G02 worth today?

Last sold for AED 1,822,888 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Aug 2024Sold by developerOff-plan
AED 1,822,888AED 2,115 per sqft

Source: Dubai Land Department. Updated 15 August 2024.

Key facts

Type
1-bed apartment
Size
862 sqft
Floor
Ground of 21
Parking
1
Developer
Dubai Hills Estate
Last sold
AED 1.82M · August 2024

About G02, Palace Residences 1

G02 is a one-bedroom apartment of 862 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 15 August 2024 for AED 1,822,888, or AED 2,115 per sqft, 12% below the AED 2,396 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for G02 over time

Sales
Unit G02, each saleTypical one-bed in Palace Residences 1
1.78M1.8M1.82M2024202520262027Typical sale price by year: 2024 AED 1,797,888; 2025 AED 1,788,888; 2026 AED 1,781,888Sold by developer, August 2024: AED 1,822,888 (AED 2,115 per sqft)

G02 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 G02 sits

All 120 1-beds →

G02 last sold in August 2024 at AED 2,115 per sqft, 12% below what one-beds in Palace Residences 1 were fetching at the time (AED 2,396). 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 ground floor

All 284 units in Palace Residences 1
Value
G012-bedAED 3M · Sep 2024
G031-bedAED 1.83M · Oct 2024
G041-bedAED 1.89M · Sep 2024
G052-bedAED 2.63M · Jul 2024

G02, Palace Residences 1 in numbers

  • Sold once: by Dubai Hills Estate on 15 August 2024 for AED 1,822,888, or AED 2,115 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 15 August 2024.

Questions about G02, Palace Residences 1

What did unit G02 last sell for?

AED 1,822,888 on 15 August 2024, sold by the developer: AED 2,115 per sqft for 862 sqft. It is the only registered sale of the unit.

How big is unit G02?

862 sqft (80.1 sqm): a one-bedroom apartment on the ground floor of a 21-storey tower.

What is unit G02 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 G02? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on G02, Palace Residences 1

Starts from the last sale price (AED 1.82M, 15 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,822,888
Deposit, UAE resident (20%)
AED 364,578
Deposit, non-resident (40%)
AED 729,155
Monthly over 25 years at 3.7%
AED 7,458

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