P01, Palace Residences 2
Sold prices and rental history: sold once, by the developer in July 2025, 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 P01, Palace Residences 2
What is P01 worth today?
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Source: Dubai Land Department. Updated 8 July 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,204 sqft
- Parking
- 1
- Developer
- Dubai Hills Estate
- Last sold
- AED 2.58M · July 2025
- Building
- Palace Residences 2
About P01, Palace Residences 2
P01 is a two-bedroom apartment of 1,204 sqft of Palace Residences 2, a 22-storey tower in Dubai Hills Estate by Dubai Hills Estate. The developer sold it on 8 July 2025 for AED 2,583,888, or AED 2,145 per sqft, 12% below the AED 2,446 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for P01 over time
P01 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 P01 sits
All 140 2-beds →P01 last sold in July 2025 at AED 2,145 per sqft, 12% below what two-beds in Palace Residences 2 were fetching at the time (AED 2,446). 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
P01, Palace Residences 2 in numbers
- Sold once: by Dubai Hills Estate on 8 July 2025 for AED 2,583,888, or AED 2,145 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 8 July 2025.
Questions about P01, Palace Residences 2
What did unit P01 last sell for?
AED 2,583,888 on 8 July 2025, sold by the developer: AED 2,145 per sqft for 1,204 sqft. It is the only registered sale of the unit.
How big is unit P01?
1,204 sqft (111.9 sqm): a two-bedroom apartment of a 22-storey tower.
What is unit P01 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 P01, Palace Residences 2
Starts from the last sale price (AED 2.58M, 8 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,583,888
- Deposit, UAE resident (20%)
- AED 516,778
- Deposit, non-resident (40%)
- AED 1,033,555
- Monthly over 25 years at 3.7%
- AED 10,571
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →