3-bed · 1,544 sqftPalace Residences 2, Dubai Hills Estate · 2nd floor

214, 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 214 · DLD and Ejari recordsUpdated 15 July 2024
Last soldAED 3.6M15 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 214, Palace Residences 2

What is 214 worth today?

Last sold for AED 3,601,509 in 2024

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15 Jul 2024Sold by developerOff-plan
AED 3,601,509AED 2,333 per sqft

Source: Dubai Land Department. Updated 15 July 2024.

Key facts

Type
3-bed apartment
Size
1,544 sqft
Floor
2nd of 22
Parking
2
Developer
Dubai Hills Estate
Last sold
AED 3.6M · July 2024

About 214, Palace Residences 2

214 is a three-bedroom apartment of 1,544 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 15 July 2024 for AED 3,601,509, or AED 2,333 per sqft, 8% below the AED 2,547 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 214 sits

All 44 3-beds →

214 last sold in July 2024 at AED 2,333 per sqft, 8% below what three-beds in Palace Residences 2 were fetching at the time (AED 2,547). Over the last 12 months three-beds sold for AED 3,801,888, around AED 2,462 per sqft.

Recent 3-bed salesUnit no.Price (AED)Summary
24 Aug 20263,801,888
18 Sep 20244,320,888
22 Aug 20243,716,888
22 Aug 20244,177,888
1 3-bed sale 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 2nd floor

All 307 units in Palace Residences 2
Value
2012-bedAED 2.65M · Jul 2024
2022-bedAED 2.69M · Jul 2024
2033-bedAED 3.98M · Jul 2024
2042-bedAED 2.96M · Jul 2024
2051-bedAED 1.87M · Sep 2024
2061-bedAED 1.84M · Jul 2024
2071-bedAED 1.78M · Jul 2024
1–7 of 15

214, Palace Residences 2 in numbers

  • Sold once: by Dubai Hills Estate on 15 July 2024 for AED 3,601,509, or AED 2,333 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 15 July 2024.

Questions about 214, Palace Residences 2

What did unit 214 last sell for?

AED 3,601,509 on 15 July 2024, sold by the developer: AED 2,333 per sqft for 1,544 sqft. It is the only registered sale of the unit.

How big is unit 214?

1,544 sqft (143.4 sqm): a three-bedroom apartment on the 2nd floor of a 22-storey tower.

What is unit 214 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 214, Palace Residences 2

Starts from the last sale price (AED 3.6M, 15 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,601,509
Deposit, UAE resident (20%)
AED 720,302
Deposit, non-resident (40%)
AED 1,440,604
Monthly over 25 years at 3.7%
AED 14,735

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