2-bed · 1,169 sqftPalace Residences 2, Dubai Hills Estate · 2nd floor

216, Palace Residences 2

Sold prices and rental history: sold twice, last in February 2026, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 216 · DLD and Ejari recordsUpdated 16 February 2026
Last soldAED 2.9M16 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 216, Palace Residences 2

What is 216 worth today?

Last sold for AED 2,900,000 in 2026

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16 Feb 2026SoldOff-plan
AED 2,900,000AED 2,480 per sqft
15 Jul 2024Sold by developerOff-plan
AED 2,768,888AED 2,368 per sqft

Source: Dubai Land Department. Updated 16 February 2026.

Key facts

Type
2-bed apartment
Size
1,169 sqft
Floor
2nd of 22
Parking
1
Developer
Dubai Hills Estate
Last sold
AED 2.9M · February 2026

About 216, Palace Residences 2

216 is a two-bedroom apartment of 1,169 sqft on the 2nd floor of Palace Residences 2, a 22-storey tower in Dubai Hills Estate by Dubai Hills Estate. It last sold on 16 February 2026 for AED 2,900,000, or AED 2,480 per sqft, 5% above the AED 2,354 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 216 over time

Sales
Unit 216, 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 2,768,888 (AED 2,368 per sqft)Sold, February 2026: AED 2,900,000 (AED 2,480 per sqft)

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

2-beds in Palace Residences 2, and where 216 sits

All 140 2-beds →

216 last sold in February 2026 at AED 2,480 per sqft, 5% above what two-beds in Palace Residences 2 were fetching at the time (AED 2,354). 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

216, Palace Residences 2 in numbers

  • Sold twice: first on 15 July 2024 for AED 2,768,888, last on 16 February 2026 for AED 2,900,000 (AED 2,480 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 16 February 2026.

Questions about 216, Palace Residences 2

What did unit 216 last sell for?

AED 2,900,000 on 16 February 2026: AED 2,480 per sqft for 1,169 sqft. The unit has 2 registered sales; the first was AED 2,768,888 in July 2024.

How big is unit 216?

1,169 sqft (108.6 sqm): a two-bedroom apartment on the 2nd floor of a 22-storey tower.

What is unit 216 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 216, Palace Residences 2

Starts from the last sale price (AED 2.9M, 16 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 2,900,000
Deposit, UAE resident (20%)
AED 580,000
Deposit, non-resident (40%)
AED 1,160,000
Monthly over 25 years at 3.7%
AED 11,865

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