1-bed · 752 sqftPalace Residences 2, Dubai Hills Estate · 3rd floor

305, Palace Residences 2

Sold prices and rental history: sold once, by the developer in August 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 6 August 2024
Last soldAED 1.87M6 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Palace Residences 2

What is 305 worth today?

Last sold for AED 1,874,888 in 2024

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6 Aug 2024Sold by developerOff-plan
AED 1,874,888AED 2,494 per sqft

Source: Dubai Land Department. Updated 6 August 2024.

Key facts

Type
1-bed apartment
Size
752 sqft
Floor
3rd of 22
Parking
1
Developer
Dubai Hills Estate
Last sold
AED 1.87M · August 2024

About 305, Palace Residences 2

305 is a one-bedroom apartment of 752 sqft on the 3rd floor of Palace Residences 2, a 22-storey tower in Dubai Hills Estate by Dubai Hills Estate. The developer sold it on 6 August 2024 for AED 1,874,888, or AED 2,494 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 305 over time

Sales
Unit 305, each saleTypical one-bed in Palace Residences 2
1.85M2024202520262027Typical sale price by year: 2024 AED 1,812,388; 2026 AED 1,873,444Sold by developer, August 2024: AED 1,874,888 (AED 2,494 per sqft)

305 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 305 sits

All 128 1-beds →

305 last sold in August 2024 at AED 2,494 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 salesUnit no.Price (AED)Summary
19 Oct 20261,910,888
17 Jun 20262,050,000
11 Feb 20261,800,000
8 Jan 20261,836,000
4 1-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 3rd floor

All 307 units in Palace Residences 2
Value
3012-bedAED 2.68M · Jul 2024
3022-bedAED 2.72M · Jul 2024
3033-bedAED 4.02M · Jul 2024
3042-bedAED 2.99M · Jul 2024
3061-bedAED 1.84M · Jul 2024
3071-bedAED 1.78M · Jul 2024
3082-bedAED 2.61M · Jul 2024
1–7 of 15

305, Palace Residences 2 in numbers

  • Sold once: by Dubai Hills Estate on 6 August 2024 for AED 1,874,888, or AED 2,494 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 6 August 2024.

Questions about 305, Palace Residences 2

What did unit 305 last sell for?

AED 1,874,888 on 6 August 2024, sold by the developer: AED 2,494 per sqft for 752 sqft. It is the only registered sale of the unit.

How big is unit 305?

752 sqft (69.9 sqm): a one-bedroom apartment on the 3rd floor of a 22-storey tower.

What is unit 305 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 305, Palace Residences 2

Starts from the last sale price (AED 1.87M, 6 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,874,888
Deposit, UAE resident (20%)
AED 374,978
Deposit, non-resident (40%)
AED 749,955
Monthly over 25 years at 3.7%
AED 7,671

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