P08, 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.
Property timeline for P08, Palace Residences 1
What is P08 worth today?
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Source: Dubai Land Department. Updated 19 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 747 sqft
- Parking
- 1
- Developer
- Dubai Hills Estate
- Last sold
- AED 1.76M · August 2024
- Building
- Palace Residences 1
About P08, Palace Residences 1
P08 is a one-bedroom apartment of 747 sqft of Palace Residences 1, a 21-storey tower in Dubai Hills Estate by Dubai Hills Estate. The developer sold it on 19 August 2024 for AED 1,764,888, or AED 2,361 per sqft, in line with 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 P08 over time
P08 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 P08 sits
All 120 1-beds →P08 last sold in August 2024 at AED 2,361 per sqft, in line with 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 May 202621 May 2026 | 747 sqft | 1,766,888 | 2,364 | ||
| 21 Apr 202621 April 2026 | 747 sqft | 1,781,888 | 2,383 | ||
| 15 Apr 202615 April 2026 | 747 sqft | 1,805,888 | 2,416 | ||
| 25 Sep 202525 September 2025 | 747 sqft | 1,788,888 | 2,393 |
Palace Residences 1
Building284 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
P08, Palace Residences 1 in numbers
- Sold once: by Dubai Hills Estate on 19 August 2024 for AED 1,764,888, or AED 2,361 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 19 August 2024.
Questions about P08, Palace Residences 1
What did unit P08 last sell for?
AED 1,764,888 on 19 August 2024, sold by the developer: AED 2,361 per sqft for 747 sqft. It is the only registered sale of the unit.
How big is unit P08?
747 sqft (69.4 sqm): a one-bedroom apartment of a 21-storey tower.
What is unit P08 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 P08, Palace Residences 1
Starts from the last sale price (AED 1.76M, 19 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,764,888
- Deposit, UAE resident (20%)
- AED 352,978
- Deposit, non-resident (40%)
- AED 705,955
- Monthly over 25 years at 3.7%
- AED 7,221
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →