1-bed · 743 sqftPalace Residences 2, Dubai Hills Estate · 16th floor

1610, 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.

Unit 1610 · DLD and Ejari recordsUpdated 8 July 2024
Last soldAED 1.81M8 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1610, Palace Residences 2

What is 1610 worth today?

Last sold for AED 1,808,888 in 2024

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8 Jul 2024Sold by developerOff-plan
AED 1,808,888AED 2,433 per sqft

Source: Dubai Land Department. Updated 8 July 2024.

Key facts

Type
1-bed apartment
Size
743 sqft
Floor
16th of 22
Parking
1
Developer
Dubai Hills Estate
Last sold
AED 1.81M · July 2024

About 1610, Palace Residences 2

1610 is a one-bedroom apartment of 743 sqft on the 16th floor of Palace Residences 2, a 22-storey tower in Dubai Hills Estate by Dubai Hills Estate. The developer sold it on 8 July 2024 for AED 1,808,888, or AED 2,433 per sqft, in line with the AED 2,435 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1610 over time

Sales
Unit 1610, each saleTypical one-bed in Palace Residences 2
1.8M1.85M2024202520262027Typical sale price by year: 2024 AED 1,812,388; 2026 AED 1,873,444Sold by developer, July 2024: AED 1,808,888 (AED 2,433 per sqft)

1610 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Palace Residences 2, and where 1610 sits

All 128 1-beds →

1610 last sold in July 2024 at AED 2,433 per sqft, in line with what one-beds in Palace Residences 2 were fetching at the time (AED 2,435). Over the last 12 months one-beds sold for AED 1,800,000 to 2,050,000, around AED 2,493 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Oct 20261,910,888
17 Jun 20262,050,000
11 Feb 20261,800,000
8 Jan 20261,836,000
4 1-bed sales in the last 12 months

Palace Residences 2

Building

307 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
Palace Residences 2, Dubai Hills Estate: prices, sales and rents →

Other units on the 16th floor

All 307 units in Palace Residences 2
Value
16012-bedAED 2.77M · Jul 2024
16022-bedAED 2.81M · Jul 2024
16033-bedAED 4.15M · Jul 2024
16042-bedAED 3.09M · Jul 2024
16051-bedAED 1.9M · Jul 2024
16061-bedAED 1.87M · Jul 2024
16071-bedAED 1.81M · Jul 2024
1–7 of 15

1610, Palace Residences 2 in numbers

  • Sold once: by Dubai Hills Estate on 8 July 2024 for AED 1,808,888, or AED 2,433 per sqft.
  • One-beds in Palace Residences 2 sold for AED 1,800,000–2,050,000 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 8 July 2024.

Questions about 1610, Palace Residences 2

What did unit 1610 last sell for?

AED 1,808,888 on 8 July 2024, sold by the developer: AED 2,433 per sqft for 743 sqft. It is the only registered sale of the unit.

How big is unit 1610?

743 sqft (69.0 sqm): a one-bedroom apartment on the 16th floor of a 22-storey tower.

What is unit 1610 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 2 sold for AED 1,800,000 to 2,050,000 in the last 12 months, around AED 2,493 per sqft.

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Mortgage on 1610, Palace Residences 2

Starts from the last sale price (AED 1.81M, 8 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,808,888
Deposit, UAE resident (20%)
AED 361,778
Deposit, non-resident (40%)
AED 723,555
Monthly over 25 years at 3.7%
AED 7,401

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