702, 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 702, Palace Residences 2
What is 702 worth today?
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Source: Dubai Land Department. Updated 15 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,116 sqft
- Floor
- 7th of 22
- Parking
- 1
- Developer
- Dubai Hills Estate
- Last sold
- AED 2.76M · July 2024
- Building
- Palace Residences 2
About 702, Palace Residences 2
702 is a two-bedroom apartment of 1,116 sqft on the 7th 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 2,763,888, or AED 2,476 per sqft, in line with 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 702 over time
702 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 702 sits
All 140 2-beds →702 last sold in July 2024 at AED 2,476 per sqft, in line with 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 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 7th floor
All 307 units in Palace Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,112 sqft | AED 2.73MAED 2,727,888 · Jul 2024July 2024 | ||
| 703 | 3-bed | 1,545 sqft | AED 4.08MAED 4,082,888 · Jul 2024July 2024 | ||
| 704 | 2-bed | 1,222 sqft | AED 3.04MAED 3,037,888 · Jul 2024July 2024 | ||
| 705 | 1-bed | 752 sqft | AED 1.89MAED 1,889,888 · Jul 2024July 2024 | ||
| 706 | 1-bed | 747 sqft | AED 1.86MAED 1,858,888 · Jul 2024July 2024 | ||
| 707 | 1-bed | 752 sqft | AED 1.8MAED 1,796,888 · Jul 2024July 2024 | ||
| 708 | 2-bed | 1,207 sqft | AED 2.63MAED 2,625,888 · Jul 2024July 2024 | ||
| 709 | 1-bed | 758 sqft | AED 1.82MAED 1,815,888 · Jul 2024July 2024 | ||
| 710 | 1-bed | 743 sqft | AED 1.78MAED 1,777,888 · Jul 2024July 2024 | ||
| 711 | 1-bed | 751 sqft | AED 1.84MAED 1,836,000 · Jan 2026January 2026 | ||
| 712 | 1-bed | 747 sqft | AED 1.79MAED 1,788,888 · Jul 2024July 2024 | ||
| 713 | 2-bed | 1,218 sqft | AED 2.63MAED 2,634,888 · Jul 2024July 2024 | ||
| 714 | 3-bed | 1,544 sqft | AED 3.81MAED 3,808,888 · Jul 2024July 2024 | ||
| 715 | 2-bed | 1,160 sqft | AED 2.88MAED 2,883,888 · Jul 2024July 2024 | ||
| 716 | 2-bed | 1,169 sqft | AED 2.9MAED 2,898,888 · Jul 2024July 2024 |
702, Palace Residences 2 in numbers
- Sold once: by Dubai Hills Estate on 15 July 2024 for AED 2,763,888, or AED 2,476 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 702, Palace Residences 2
What did unit 702 last sell for?
AED 2,763,888 on 15 July 2024, sold by the developer: AED 2,476 per sqft for 1,116 sqft. It is the only registered sale of the unit.
How big is unit 702?
1,116 sqft (103.7 sqm): a two-bedroom apartment on the 7th floor of a 22-storey tower.
What is unit 702 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 702? Put it on the OpenOffers board
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Mortgage on 702, Palace Residences 2
Starts from the last sale price (AED 2.76M, 15 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,763,888
- Deposit, UAE resident (20%)
- AED 552,778
- Deposit, non-resident (40%)
- AED 1,105,555
- Monthly over 25 years at 3.7%
- AED 11,308
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →