2-bed · 1,160 sqftPalace Residences 2, Dubai Hills Estate · 2nd floor

215, 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 215 · DLD and Ejari recordsUpdated 15 July 2024
Last soldAED 2.75M15 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 215, Palace Residences 2

What is 215 worth today?

Last sold for AED 2,753,888 in 2024

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15 Jul 2024Sold by developerOff-plan
AED 2,753,888AED 2,374 per sqft

Source: Dubai Land Department. Updated 15 July 2024.

Key facts

Type
2-bed apartment
Size
1,160 sqft
Floor
2nd of 22
Parking
1
Developer
Dubai Hills Estate
Last sold
AED 2.75M · July 2024

About 215, Palace Residences 2

215 is a two-bedroom apartment of 1,160 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 2,753,888, or AED 2,374 per sqft, 3% below the AED 2,455 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 215 over time

Sales
Unit 215, each saleTypical two-bed in Palace Residences 2
2.8M2024202520262027Typical sale price by year: 2024 AED 2,759,888; 2025 AED 2,651,444; 2026 AED 2,900,000Sold by developer, July 2024: AED 2,753,888 (AED 2,374 per sqft)

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

2-beds in Palace Residences 2, and where 215 sits

All 140 2-beds →

215 last sold in July 2024 at AED 2,374 per sqft, 3% below what two-beds in Palace Residences 2 were fetching at the time (AED 2,455). Over the last 12 months two-beds sold for AED 2,602,888 to 2,931,888, around AED 2,493 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Oct 20262,758,888
29 Sep 20262,738,888
24 Sep 20262,931,888
7 Apr 20262,900,000
8 2-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 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

215, Palace Residences 2 in numbers

  • Sold once: by Dubai Hills Estate on 15 July 2024 for AED 2,753,888, or AED 2,374 per sqft.
  • Two-beds in Palace Residences 2 sold for AED 2,602,888–2,931,888 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 215, Palace Residences 2

What did unit 215 last sell for?

AED 2,753,888 on 15 July 2024, sold by the developer: AED 2,374 per sqft for 1,160 sqft. It is the only registered sale of the unit.

How big is unit 215?

1,160 sqft (107.8 sqm): a two-bedroom apartment on the 2nd floor of a 22-storey tower.

What is unit 215 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Palace Residences 2 sold for AED 2,602,888 to 2,931,888 in the last 12 months, around AED 2,493 per sqft.

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Mortgage on 215, Palace Residences 2

Starts from the last sale price (AED 2.75M, 15 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,753,888
Deposit, UAE resident (20%)
AED 550,778
Deposit, non-resident (40%)
AED 1,101,555
Monthly over 25 years at 3.7%
AED 11,267

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