502, 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 502, Palace Residences 2
What is 502 worth today?
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Source: Dubai Land Department. Updated 1 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,116 sqft
- Floor
- 5th of 22
- Parking
- 1
- Developer
- Dubai Hills Estate
- Last sold
- AED 2.75M · July 2024
- Building
- Palace Residences 2
About 502, Palace Residences 2
502 is a two-bedroom apartment of 1,116 sqft on the 5th floor of Palace Residences 2, a 22-storey tower in Dubai Hills Estate by Dubai Hills Estate. The developer sold it on 1 July 2024 for AED 2,752,888, or AED 2,466 per sqft.
No rental contract for the unit is registered on Ejari.
Sales and rents for 502 over time
502 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 502 sits
All 140 2-beds →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 5th floor
All 307 units in Palace Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,112 sqft | AED 2.66MAED 2,663,530 · Jul 2024July 2024 | ||
| 503 | 3-bed | 1,545 sqft | AED 4.07MAED 4,066,888 · Jul 2024July 2024 | ||
| 504 | 2-bed | 1,222 sqft | AED 3.03MAED 3,026,888 · Jul 2024July 2024 | ||
| 505 | 1-bed | 752 sqft | AED 1.88MAED 1,881,888 · Jul 2024July 2024 | ||
| 506 | 1-bed | 747 sqft | AED 1.85MAED 1,851,888 · Aug 2024August 2024 | ||
| 507 | 1-bed | 752 sqft | AED 1.79MAED 1,789,888 · Jul 2024July 2024 | ||
| 508 | 2-bed | 1,207 sqft | AED 2.62MAED 2,615,888 · Jul 2024July 2024 | ||
| 509 | 1-bed | 758 sqft | AED 1.81MAED 1,808,888 · Jul 2024July 2024 | ||
| 510 | 1-bed | 743 sqft | AED 1.77MAED 1,770,888 · Jul 2024July 2024 | ||
| 511 | 1-bed | 751 sqft | AED 1.79MAED 1,791,888 · Jul 2024July 2024 | ||
| 512 | 1-bed | 747 sqft | AED 1.78MAED 1,781,888 · Jul 2024July 2024 | ||
| 513 | 2-bed | 1,218 sqft | AED 2.62MAED 2,624,888 · Jul 2024July 2024 | ||
| 514 | 3-bed | 1,544 sqft | AED 3.79MAED 3,793,888 · Jul 2024July 2024 | ||
| 515 | 2-bed | 1,160 sqft | AED 2.82MAED 2,815,430 · Jul 2024July 2024 | ||
| 516 | 2-bed | 1,169 sqft | AED 2.83MAED 2,830,130 · Jul 2024July 2024 |
502, Palace Residences 2 in numbers
- Sold once: by Dubai Hills Estate on 1 July 2024 for AED 2,752,888, or AED 2,466 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 1 July 2024.
Questions about 502, Palace Residences 2
What did unit 502 last sell for?
AED 2,752,888 on 1 July 2024, sold by the developer: AED 2,466 per sqft for 1,116 sqft. It is the only registered sale of the unit.
How big is unit 502?
1,116 sqft (103.7 sqm): a two-bedroom apartment on the 5th floor of a 22-storey tower.
What is unit 502 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 502, Palace Residences 2
Starts from the last sale price (AED 2.75M, 1 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,752,888
- Deposit, UAE resident (20%)
- AED 550,578
- Deposit, non-resident (40%)
- AED 1,101,155
- Monthly over 25 years at 3.7%
- AED 11,263
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →