2206, 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.
Property timeline for 2206, Palace Residences 2
What is 2206 worth today?
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Source: Dubai Land Department. Updated 15 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,117 sqft
- Floor
- 22nd of 22
- Parking
- 1
- Developer
- Dubai Hills Estate
- Last sold
- AED 2.61M · July 2024
- Building
- Palace Residences 2
About 2206, Palace Residences 2
2206 is a two-bedroom apartment of 1,117 sqft on the 22nd 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 2,605,888, or AED 2,333 per sqft, 5% 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 2206 over time
2206 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 2206 sits
All 140 2-beds →2206 last sold in July 2024 at AED 2,333 per sqft, 5% 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Oct 20262 October 2026 | 1,116 sqft | 2,758,888 | 2,471 | ||
| 29 Sep 202629 September 2026 | 1,112 sqft | 2,738,888 | 2,462 | ||
| 24 Sep 202624 September 2026 | 1,169 sqft | 2,931,888 | 2,507 | ||
| 7 Apr 20267 April 2026 | 1,116 sqft | 2,900,000 | 2,598 |
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 22nd floor
All 307 units in Palace Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2201 | 1-bed | 748 sqft | AED 1.99MAED 1,989,888 · Jul 2024July 2024 | ||
| 2202 | 3-bed | 1,483 sqft | AED 3.74MAED 3,737,888 · Jul 2024July 2024 | ||
| 2203 | 3-bed | 1,545 sqft | AED 4.2MAED 4,200,888 · Jul 2024July 2024 | ||
| 2204 | 2-bed | 1,222 sqft | AED 3.12MAED 3,121,888 · Jul 2024July 2024 | ||
| 2205 | 2-bed | 1,122 sqft | AED 2.75MAED 2,750,888 · Jul 2024July 2024 | ||
| 2207 | 2-bed | 1,208 sqft | AED 2.7MAED 2,702,888 · Jul 2024July 2024 |
2206, Palace Residences 2 in numbers
- Sold once: by Dubai Hills Estate on 15 July 2024 for AED 2,605,888, or AED 2,333 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 2206, Palace Residences 2
What did unit 2206 last sell for?
AED 2,605,888 on 15 July 2024, sold by the developer: AED 2,333 per sqft for 1,117 sqft. It is the only registered sale of the unit.
How big is unit 2206?
1,117 sqft (103.8 sqm): a two-bedroom apartment on the 22nd floor of a 22-storey tower.
What is unit 2206 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 2206, Palace Residences 2
Starts from the last sale price (AED 2.61M, 15 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,605,888
- Deposit, UAE resident (20%)
- AED 521,178
- Deposit, non-resident (40%)
- AED 1,042,355
- Monthly over 25 years at 3.7%
- AED 10,661
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →