1609, Palace Residences 3
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 1609, Palace Residences 3
What is 1609 worth today?
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Source: Dubai Land Department. Updated 15 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,208 sqft
- Floor
- 16th of 23
- Parking
- 1
- Developer
- Dubai Hills Estate
- Last sold
- AED 2.68M · July 2024
- Building
- Palace Residences 3
About 1609, Palace Residences 3
1609 is a two-bedroom apartment of 1,208 sqft on the 16th floor of Palace Residences 3, a 23-storey tower in Dubai Hills Estate by Dubai Hills Estate. The developer sold it on 15 July 2024 for AED 2,681,888, or AED 2,220 per sqft, 7% below the AED 2,385 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1609 over time
1609 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in Palace Residences 3, and where 1609 sits
All 123 2-beds →1609 last sold in July 2024 at AED 2,220 per sqft, 7% below what two-beds in Palace Residences 3 were fetching at the time (AED 2,385). Over the last 12 months two-beds sold for AED 2,666,888 to 2,925,404, around AED 2,310 per sqft.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Aug 20266 August 2026 | 1,208 sqft | 2,666,888 | 2,207 | ||
| 17 Feb 202617 February 2026 | 1,214 sqft | 2,759,260 | 2,272 | ||
| 14 Nov 202514 November 2025 | 1,106 sqft | 2,925,404 | 2,645 | ||
| 10 Nov 202510 November 2025 | 1,170 sqft | 2,749,000 | 2,348 |
Palace Residences 3
Building337 apartments, 1-bed to 3-bed over 23 floors in Dubai Hills Estate by Dubai Hills Estate. 10 sold in the last 12 months.
- Typical price per sqft
- AED 2,516 Up 6.7%
- Typical sale
- AED 2.37M
- Typical rent
- Few contracts
- Typical yield
Other units on the 16th floor
All 337 units in Palace Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,170 sqft | AED 2.8MAED 2,795,888 · Jul 2024July 2024 | ||
| 1602 | 2-bed | 1,158 sqft | AED 2.8MAED 2,799,888 · Jul 2024July 2024 | ||
| 1603 | 3-bed | 1,544 sqft | AED 4.16MAED 4,157,888 · Jul 2024July 2024 | ||
| 1604 | 2-bed | 1,215 sqft | AED 3.18MAED 3,175,809 · Jul 2024July 2024 | ||
| 1605 | 1-bed | 751 sqft | AED 1.9MAED 1,902,070 · Jul 2024July 2024 | ||
| 1606 | 1-bed | 747 sqft | AED 1.84MAED 1,836,410 · Jul 2024July 2024 | ||
| 1607 | 1-bed | 744 sqft | AED 1.78MAED 1,776,630 · Jul 2024July 2024 | ||
| 1608 | 1-bed | 742 sqft | AED 1.77MAED 1,769,770 · Jul 2024July 2024 | ||
| 1610 | 1-bed | 743 sqft | AED 1.81MAED 1,809,888 · Jul 2024July 2024 | ||
| 1611 | 1-bed | 739 sqft | AED 1.8MAED 1,799,888 · Jul 2024July 2024 | ||
| 1612 | 1-bed | 751 sqft | AED 1.83MAED 1,831,888 · Jul 2024July 2024 | ||
| 1613 | 2-bed | 1,215 sqft | AED 2.68MAED 2,677,888 · Jul 2024July 2024 | ||
| 1614 | 3-bed | 1,532 sqft | AED 3.84MAED 3,844,888 · Jul 2024July 2024 | ||
| 1615 | 3-bed | 1,466 sqft | AED 3.75MAED 3,752,888 · Jul 2024July 2024 | ||
| 1616 | 1-bed | 754 sqft | AED 2.04MAED 2,035,329 · Jul 2024July 2024 |
1609, Palace Residences 3 in numbers
- Sold once: by Dubai Hills Estate on 15 July 2024 for AED 2,681,888, or AED 2,220 per sqft.
- Two-beds in Palace Residences 3 sold for AED 2,666,888–2,925,404 in the 12 months to November 2026; the building's median across all types is AED 2,516 per sqft.
Source: Dubai Land Department. Updated 15 July 2024.
Questions about 1609, Palace Residences 3
What did unit 1609 last sell for?
AED 2,681,888 on 15 July 2024, sold by the developer: AED 2,220 per sqft for 1,208 sqft. It is the only registered sale of the unit.
How big is unit 1609?
1,208 sqft (112.2 sqm): a two-bedroom apartment on the 16th floor of a 23-storey tower.
What is unit 1609 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 3 sold for AED 2,666,888 to 2,925,404 in the last 12 months, around AED 2,310 per sqft.
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Mortgage on 1609, Palace Residences 3
Starts from the last sale price (AED 2.68M, 15 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,681,888
- Deposit, UAE resident (20%)
- AED 536,378
- Deposit, non-resident (40%)
- AED 1,072,755
- Monthly over 25 years at 3.7%
- AED 10,972
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →