2-bed · 1,218 sqftPalace Residences 2, Dubai Hills Estate · 3rd floor

313, 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 313 · DLD and Ejari recordsUpdated 15 July 2024
Last soldAED 2.61M15 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 313, Palace Residences 2

What is 313 worth today?

Last sold for AED 2,614,888 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Jul 2024Sold by developerOff-plan
AED 2,614,888AED 2,146 per sqft

Source: Dubai Land Department. Updated 15 July 2024.

Key facts

Type
2-bed apartment
Size
1,218 sqft
Floor
3rd of 22
Parking
1
Developer
Dubai Hills Estate
Last sold
AED 2.61M · July 2024

About 313, Palace Residences 2

313 is a two-bedroom apartment of 1,218 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 15 July 2024 for AED 2,614,888, or AED 2,146 per sqft, 13% 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 313 over time

Sales
Unit 313, each saleTypical two-bed in Palace Residences 2
2.6M2.8M2024202520262027Typical sale price by year: 2024 AED 2,759,888; 2025 AED 2,651,444; 2026 AED 2,900,000Sold by developer, July 2024: AED 2,614,888 (AED 2,146 per sqft)

313 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 313 sits

All 140 2-beds →

313 last sold in July 2024 at AED 2,146 per sqft, 13% 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 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
3051-bedAED 1.87M · Aug 2024
3061-bedAED 1.84M · Jul 2024
3071-bedAED 1.78M · Jul 2024
1–7 of 15

313, Palace Residences 2 in numbers

  • Sold once: by Dubai Hills Estate on 15 July 2024 for AED 2,614,888, or AED 2,146 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 313, Palace Residences 2

What did unit 313 last sell for?

AED 2,614,888 on 15 July 2024, sold by the developer: AED 2,146 per sqft for 1,218 sqft. It is the only registered sale of the unit.

How big is unit 313?

1,218 sqft (113.2 sqm): a two-bedroom apartment on the 3rd floor of a 22-storey tower.

What is unit 313 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.

Selling 313? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 313, 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 2,614,888
Deposit, UAE resident (20%)
AED 522,978
Deposit, non-resident (40%)
AED 1,045,955
Monthly over 25 years at 3.7%
AED 10,698

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