1-bed · 752 sqftPalace Residences 2, Dubai Hills Estate · 4th floor

405, 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 405 · DLD and Ejari recordsUpdated 15 July 2024
Last soldAED 1.88M15 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Palace Residences 2

What is 405 worth today?

Last sold for AED 1,878,888 in 2024

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15 Jul 2024Sold by developerOff-plan
AED 1,878,888AED 2,499 per sqft

Source: Dubai Land Department. Updated 15 July 2024.

Key facts

Type
1-bed apartment
Size
752 sqft
Floor
4th of 22
Parking
1
Developer
Dubai Hills Estate
Last sold
AED 1.88M · July 2024

About 405, Palace Residences 2

405 is a one-bedroom apartment of 752 sqft on the 4th 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 1,878,888, or AED 2,499 per sqft, 4% above the AED 2,414 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 405 over time

Sales
Unit 405, 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, July 2024: AED 1,878,888 (AED 2,499 per sqft)

405 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 405 sits

All 128 1-beds →

405 last sold in July 2024 at AED 2,499 per sqft, 4% above what one-beds in Palace Residences 2 were fetching at the time (AED 2,414). 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 4th floor

All 307 units in Palace Residences 2
Value
4012-bedAED 2.71M · Jul 2024
4022-bedAED 2.75M · Jul 2024
4033-bedAED 4.06M · Jul 2024
4042-bedAED 3.02M · Jul 2024
4061-bedAED 1.85M · Jul 2024
4071-bedAED 1.79M · Jul 2024
4082-bedAED 2.61M · Jul 2024
1–7 of 15

405, Palace Residences 2 in numbers

  • Sold once: by Dubai Hills Estate on 15 July 2024 for AED 1,878,888, or AED 2,499 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 15 July 2024.

Questions about 405, Palace Residences 2

What did unit 405 last sell for?

AED 1,878,888 on 15 July 2024, sold by the developer: AED 2,499 per sqft for 752 sqft. It is the only registered sale of the unit.

How big is unit 405?

752 sqft (69.9 sqm): a one-bedroom apartment on the 4th floor of a 22-storey tower.

What is unit 405 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 405, Palace Residences 2

Starts from the last sale price (AED 1.88M, 15 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,878,888
Deposit, UAE resident (20%)
AED 375,778
Deposit, non-resident (40%)
AED 751,555
Monthly over 25 years at 3.7%
AED 7,687

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