2-bed · 1,219 sqftPalace Residences 2, Dubai Hills Estate

P05, Palace Residences 2

Sold prices and rental history: sold twice, last in December 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P05 · DLD and Ejari recordsUpdated 20 December 2025
Last soldAED 2.6M20 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P05, Palace Residences 2

What is P05 worth today?

Last sold for AED 2,602,888 in 2025

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20 Dec 2025SoldOff-plan
AED 2,602,888AED 2,135 per sqft
17 Jul 2024Sold by developerOff-plan
AED 2,602,888AED 2,135 per sqft

Source: Dubai Land Department. Updated 20 December 2025.

Key facts

Type
2-bed apartment
Size
1,219 sqft
Parking
1
Developer
Dubai Hills Estate
Last sold
AED 2.6M · December 2025

About P05, Palace Residences 2

P05 is a two-bedroom apartment of 1,219 sqft of Palace Residences 2, a 22-storey tower in Dubai Hills Estate by Dubai Hills Estate. It last sold on 20 December 2025 for AED 2,602,888, or AED 2,135 per sqft, in line with the AED 2,191 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for P05 over time

Sales
Unit P05, each saleTypical two-bed in Palace Residences 2
2.6M2.8M2024202520262027Typical sale price by year: 2024 AED 2,759,888; 2025 AED 2,651,444; 2026 AED 2,900,000Sold by developer, July 2024: AED 2,602,888 (AED 2,135 per sqft)Sold, December 2025: AED 2,602,888 (AED 2,135 per sqft)

P05 has sold twice; the dashed line is the two-bed median of each year in the building.

2-beds in Palace Residences 2, and where P05 sits

All 140 2-beds →

P05 last sold in December 2025 at AED 2,135 per sqft, in line with what two-beds in Palace Residences 2 were fetching at the time (AED 2,191). 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 salesUnit no.Price (AED)Summary
2 Oct 20262,758,888
29 Sep 20262,738,888
24 Sep 20262,931,888
7 Apr 20262,900,000
8 2-bed sales in the last 12 months

Palace Residences 2

Building

307 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
Palace Residences 2, Dubai Hills Estate: prices, sales and rents →

P05, Palace Residences 2 in numbers

  • Sold twice: first on 17 July 2024 for AED 2,602,888, last on 20 December 2025 for AED 2,602,888 (AED 2,135 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 20 December 2025.

Questions about P05, Palace Residences 2

What did unit P05 last sell for?

AED 2,602,888 on 20 December 2025: AED 2,135 per sqft for 1,219 sqft. The unit has 2 registered sales; the first was AED 2,602,888 in July 2024.

How big is unit P05?

1,219 sqft (113.2 sqm): a two-bedroom apartment of a 22-storey tower.

What is unit P05 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 P05, Palace Residences 2

Starts from the last sale price (AED 2.6M, 20 December 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,602,888
Deposit, UAE resident (20%)
AED 520,578
Deposit, non-resident (40%)
AED 1,041,155
Monthly over 25 years at 3.7%
AED 10,649

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →