503, 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 503, Palace Residences 2
What is 503 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 17 July 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,545 sqft
- Floor
- 5th of 22
- Parking
- 2
- Developer
- Dubai Hills Estate
- Last sold
- AED 4.07M · July 2024
- Building
- Palace Residences 2
About 503, Palace Residences 2
503 is a three-bedroom apartment of 1,545 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 17 July 2024 for AED 4,066,888, or AED 2,632 per sqft, 3% above the AED 2,547 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
3-beds in Palace Residences 2, and where 503 sits
All 44 3-beds →503 last sold in July 2024 at AED 2,632 per sqft, 3% above what three-beds in Palace Residences 2 were fetching at the time (AED 2,547). Over the last 12 months three-beds sold for AED 3,801,888, around AED 2,462 per sqft.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Aug 202624 August 2026 | 1,544 sqft | 3,801,888 | 2,462 | ||
| 18 Sep 202418 September 2024 | 1,545 sqft | 4,320,888 | 2,796 | ||
| 22 Aug 202422 August 2024 | 1,483 sqft | 3,716,888 | 2,506 | ||
| 22 Aug 202422 August 2024 | 1,545 sqft | 4,177,888 | 2,703 |
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 | ||
| 502 | 2-bed | 1,116 sqft | AED 2.75MAED 2,752,888 · 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 |
503, Palace Residences 2 in numbers
- Sold once: by Dubai Hills Estate on 17 July 2024 for AED 4,066,888, or AED 2,632 per sqft.
- Three-beds in Palace Residences 2 sold for AED 3,801,888–3,801,888 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 17 July 2024.
Questions about 503, Palace Residences 2
What did unit 503 last sell for?
AED 4,066,888 on 17 July 2024, sold by the developer: AED 2,632 per sqft for 1,545 sqft. It is the only registered sale of the unit.
How big is unit 503?
1,545 sqft (143.5 sqm): a three-bedroom apartment on the 5th floor of a 22-storey tower.
What is unit 503 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Palace Residences 2 sold for AED 3,801,888 to 3,801,888 in the last 12 months, around AED 2,462 per sqft.
Selling 503? 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.
Mortgage on 503, Palace Residences 2
Starts from the last sale price (AED 4.07M, 17 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 4,066,888
- Deposit, UAE resident (20%)
- AED 813,378
- Deposit, non-resident (40%)
- AED 1,626,755
- Monthly over 25 years at 3.7%
- AED 16,639
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →