205, Palace Residences 2
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.
Property timeline for 205, Palace Residences 2
What is 205 worth today?
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Source: Dubai Land Department. Updated 16 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 752 sqft
- Floor
- 2nd of 22
- Parking
- 1
- Developer
- Dubai Hills Estate
- Last sold
- AED 1.87M · September 2024
- Building
- Palace Residences 2
About 205, Palace Residences 2
205 is a one-bedroom apartment of 752 sqft on the 2nd floor of Palace Residences 2, a 22-storey tower in Dubai Hills Estate by Dubai Hills Estate. The developer sold it on 16 September 2024 for AED 1,870,888, or AED 2,489 per sqft, 3% above the AED 2,412 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 205 over time
205 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 205 sits
All 128 1-beds →205 last sold in September 2024 at AED 2,489 per sqft, 3% above what one-beds in Palace Residences 2 were fetching at the time (AED 2,412). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Oct 202619 October 2026 | 752 sqft | 1,910,888 | 2,542 | ||
| 17 Jun 202617 June 2026 | 747 sqft | 2,050,000 | 2,742 | ||
| 11 Feb 202611 February 2026 | 747 sqft | 1,800,000 | 2,408 | ||
| 8 Jan 20268 January 2026 | 751 sqft | 1,836,000 | 2,443 |
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 2nd floor
All 307 units in Palace Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 2-bed | 1,112 sqft | AED 2.65MAED 2,651,888 · Jul 2024July 2024 | ||
| 202 | 2-bed | 1,116 sqft | AED 2.69MAED 2,686,888 · Jul 2024July 2024 | ||
| 203 | 3-bed | 1,545 sqft | AED 3.98MAED 3,976,888 · Jul 2024July 2024 | ||
| 204 | 2-bed | 1,222 sqft | AED 2.96MAED 2,956,888 · Jul 2024July 2024 | ||
| 206 | 1-bed | 747 sqft | AED 1.84MAED 1,840,888 · Jul 2024July 2024 | ||
| 207 | 1-bed | 752 sqft | AED 1.78MAED 1,778,888 · Jul 2024July 2024 | ||
| 208 | 2-bed | 1,207 sqft | AED 2.6MAED 2,600,888 · Jul 2024July 2024 | ||
| 209 | 1-bed | 758 sqft | AED 1.8MAED 1,797,888 · Jul 2024July 2024 | ||
| 210 | 1-bed | 743 sqft | AED 1.76MAED 1,760,888 · Jul 2024July 2024 | ||
| 211 | 1-bed | 751 sqft | AED 1.78MAED 1,780,888 · Jul 2024July 2024 | ||
| 212 | 1-bed | 747 sqft | AED 1.77MAED 1,771,888 · Jul 2024July 2024 | ||
| 213 | 2-bed | 1,218 sqft | AED 2.61MAED 2,609,888 · Jul 2024July 2024 | ||
| 214 | 3-bed | 1,544 sqft | AED 3.6MAED 3,601,509 · Jul 2024July 2024 | ||
| 215 | 2-bed | 1,160 sqft | AED 2.75MAED 2,753,888 · Jul 2024July 2024 | ||
| 216 | 2-bed | 1,169 sqft | AED 2.9MAED 2,900,000 · Feb 2026February 2026 |
205, Palace Residences 2 in numbers
- Sold once: by Dubai Hills Estate on 16 September 2024 for AED 1,870,888, or AED 2,489 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 16 September 2024.
Questions about 205, Palace Residences 2
What did unit 205 last sell for?
AED 1,870,888 on 16 September 2024, sold by the developer: AED 2,489 per sqft for 752 sqft. It is the only registered sale of the unit.
How big is unit 205?
752 sqft (69.9 sqm): a one-bedroom apartment on the 2nd floor of a 22-storey tower.
What is unit 205 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 205, Palace Residences 2
Starts from the last sale price (AED 1.87M, 16 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,870,888
- Deposit, UAE resident (20%)
- AED 374,178
- Deposit, non-resident (40%)
- AED 748,355
- Monthly over 25 years at 3.7%
- AED 7,654
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →