716, 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 716, Palace Residences 2
What is 716 worth today?
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Source: Dubai Land Department. Updated 11 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,169 sqft
- Floor
- 7th of 22
- Parking
- 1
- Developer
- Dubai Hills Estate
- Last sold
- AED 2.9M · July 2024
- Building
- Palace Residences 2
About 716, Palace Residences 2
716 is a two-bedroom apartment of 1,169 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 11 July 2024 for AED 2,898,888, or AED 2,479 per sqft, in line with the AED 2,479 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 716 over time
716 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 716 sits
All 140 2-beds →716 last sold in July 2024 at AED 2,479 per sqft, in line with what two-beds in Palace Residences 2 were fetching at the time (AED 2,479). 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 | ||
| 702 | 2-bed | 1,116 sqft | AED 2.76MAED 2,763,888 · 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, Palace Residences 2 in numbers
- Sold once: by Dubai Hills Estate on 11 July 2024 for AED 2,898,888, or AED 2,479 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 11 July 2024.
Questions about 716, Palace Residences 2
What did unit 716 last sell for?
AED 2,898,888 on 11 July 2024, sold by the developer: AED 2,479 per sqft for 1,169 sqft. It is the only registered sale of the unit.
How big is unit 716?
1,169 sqft (108.6 sqm): a two-bedroom apartment on the 7th floor of a 22-storey tower.
What is unit 716 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 716? Put it on the OpenOffers board
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Mortgage on 716, Palace Residences 2
Starts from the last sale price (AED 2.9M, 11 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,898,888
- Deposit, UAE resident (20%)
- AED 579,778
- Deposit, non-resident (40%)
- AED 1,159,555
- Monthly over 25 years at 3.7%
- AED 11,860
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →