1214, Palace Residences 2
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.
Property timeline for 1214, Palace Residences 2
What is 1214 worth today?
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Source: Dubai Land Department. Updated 10 July 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,544 sqft
- Floor
- 12th of 22
- Parking
- 2
- Developer
- Dubai Hills Estate
- Last sold
- AED 3.84M · July 2024
- Building
- Palace Residences 2
About 1214, Palace Residences 2
1214 is a three-bedroom apartment of 1,544 sqft on the 12th floor of Palace Residences 2, a 22-storey tower in Dubai Hills Estate by Dubai Hills Estate. The developer sold it on 10 July 2024 for AED 3,844,888, or AED 2,490 per sqft, 7% below the AED 2,667 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
3-beds in Palace Residences 2, and where 1214 sits
All 44 3-beds →1214 last sold in July 2024 at AED 2,490 per sqft, 7% below what three-beds in Palace Residences 2 were fetching at the time (AED 2,667). Over the last 12 months three-beds sold for AED 3,801,888, around AED 2,462 per sqft.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Aug 202624 August 2026 | 1,544 sqft | 3,801,888 | 2,462 | ||
| 18 Sep 202418 September 2024 | 1,545 sqft | 4,320,888 | 2,796 | ||
| 22 Aug 202422 August 2024 | 1,483 sqft | 3,716,888 | 2,506 | ||
| 22 Aug 202422 August 2024 | 1,545 sqft | 4,177,888 | 2,703 |
Palace Residences 2
Building307 apartments, 1-bed to 3-bed over 22 floors in Dubai Hills Estate by Dubai Hills Estate. 13 sold in the last 12 months.
- Typical price per sqft
- AED 2,480
- Typical sale
- AED 2.76M
- Typical rent
- Few contracts
- Typical yield
Other units on the 12th floor
All 307 units in Palace Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,112 sqft | AED 2.75MAED 2,753,888 · Jul 2024July 2024 | ||
| 1202 | 2-bed | 1,116 sqft | AED 2.79MAED 2,790,888 · Jul 2024July 2024 | ||
| 1203 | 3-bed | 1,545 sqft | AED 4.12MAED 4,121,888 · Jul 2024July 2024 | ||
| 1204 | 2-bed | 1,222 sqft | AED 3.07MAED 3,066,888 · Jul 2024July 2024 | ||
| 1205 | 1-bed | 752 sqft | AED 1.89MAED 1,888,809 · Jul 2024July 2024 | ||
| 1206 | 1-bed | 747 sqft | AED 1.86MAED 1,858,119 · Jul 2024July 2024 | ||
| 1207 | 1-bed | 752 sqft | AED 1.8MAED 1,795,749 · Jul 2024July 2024 | ||
| 1208 | 2-bed | 1,207 sqft | AED 2.65MAED 2,651,888 · Jul 2024July 2024 | ||
| 1209 | 1-bed | 758 sqft | AED 1.83MAED 1,832,888 · Jul 2024July 2024 | ||
| 1210 | 1-bed | 743 sqft | AED 1.79MAED 1,794,888 · Jul 2024July 2024 | ||
| 1211 | 1-bed | 751 sqft | AED 1.82MAED 1,815,888 · Jul 2024July 2024 | ||
| 1212 | 1-bed | 747 sqft | AED 1.81MAED 1,805,888 · Jul 2024July 2024 | ||
| 1213 | 2-bed | 1,218 sqft | AED 2.66MAED 2,659,888 · Jul 2024July 2024 | ||
| 1215 | 2-bed | 1,160 sqft | AED 2.91MAED 2,910,888 · Jul 2024July 2024 | ||
| 1216 | 2-bed | 1,169 sqft | AED 2.93MAED 2,926,888 · Jul 2024July 2024 |
1214, Palace Residences 2 in numbers
- Sold once: by Dubai Hills Estate on 10 July 2024 for AED 3,844,888, or AED 2,490 per sqft.
- Three-beds in Palace Residences 2 sold for AED 3,801,888–3,801,888 in the 12 months to November 2026; the building's median across all types is AED 2,480 per sqft.
Source: Dubai Land Department. Updated 10 July 2024.
Questions about 1214, Palace Residences 2
What did unit 1214 last sell for?
AED 3,844,888 on 10 July 2024, sold by the developer: AED 2,490 per sqft for 1,544 sqft. It is the only registered sale of the unit.
How big is unit 1214?
1,544 sqft (143.4 sqm): a three-bedroom apartment on the 12th floor of a 22-storey tower.
What is unit 1214 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Palace Residences 2 sold for AED 3,801,888 to 3,801,888 in the last 12 months, around AED 2,462 per sqft.
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Mortgage on 1214, Palace Residences 2
Starts from the last sale price (AED 3.84M, 10 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,844,888
- Deposit, UAE resident (20%)
- AED 768,978
- Deposit, non-resident (40%)
- AED 1,537,955
- Monthly over 25 years at 3.7%
- AED 15,731
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →