1611, 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 1611, Palace Residences 3
What is 1611 worth today?
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Source: Dubai Land Department. Updated 9 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 739 sqft
- Floor
- 16th of 23
- Parking
- 1
- Developer
- Dubai Hills Estate
- Last sold
- AED 1.8M · July 2024
- Building
- Palace Residences 3
About 1611, Palace Residences 3
1611 is a one-bedroom apartment of 739 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 9 July 2024 for AED 1,799,888, or AED 2,435 per sqft, in line with the AED 2,435 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1611 over time
1611 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in Palace Residences 3, and where 1611 sits
All 180 1-beds →1611 last sold in July 2024 at AED 2,435 per sqft, in line with what one-beds in Palace Residences 3 were fetching at the time (AED 2,435). Over the last 12 months one-beds sold for AED 1,760,888 to 2,071,888, around AED 2,665 per sqft.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 May 202613 May 2026 | 744 sqft | 1,760,888 | 2,366 | ||
| 31 Mar 202631 March 2026 | 751 sqft | 2,071,888 | 2,758 | ||
| 30 Mar 202630 March 2026 | 743 sqft | 2,046,888 | 2,755 | ||
| 6 Feb 20266 February 2026 | 743 sqft | 1,980,000 | 2,665 |
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 | ||
| 1609 | 2-bed | 1,208 sqft | AED 2.68MAED 2,681,888 · Jul 2024July 2024 | ||
| 1610 | 1-bed | 743 sqft | AED 1.81MAED 1,809,888 · 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 |
1611, Palace Residences 3 in numbers
- Sold once: by Dubai Hills Estate on 9 July 2024 for AED 1,799,888, or AED 2,435 per sqft.
- One-beds in Palace Residences 3 sold for AED 1,760,888–2,071,888 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 9 July 2024.
Questions about 1611, Palace Residences 3
What did unit 1611 last sell for?
AED 1,799,888 on 9 July 2024, sold by the developer: AED 2,435 per sqft for 739 sqft. It is the only registered sale of the unit.
How big is unit 1611?
739 sqft (68.7 sqm): a one-bedroom apartment on the 16th floor of a 23-storey tower.
What is unit 1611 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Palace Residences 3 sold for AED 1,760,888 to 2,071,888 in the last 12 months, around AED 2,665 per sqft.
Selling 1611? Put it on the OpenOffers board
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Mortgage on 1611, Palace Residences 3
Starts from the last sale price (AED 1.8M, 9 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,799,888
- Deposit, UAE resident (20%)
- AED 359,978
- Deposit, non-resident (40%)
- AED 719,955
- Monthly over 25 years at 3.7%
- AED 7,364
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →