216, 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 216, Palace Residences 3
What is 216 worth today?
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Source: Dubai Land Department. Updated 15 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,109 sqft
- Floor
- 2nd of 23
- Parking
- 1
- Developer
- Dubai Hills Estate
- Last sold
- AED 2.69M · July 2024
- Building
- Palace Residences 3
About 216, Palace Residences 3
216 is a two-bedroom apartment of 1,109 sqft on the 2nd 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 2,692,888, or AED 2,428 per sqft, in line with 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 216 over time
216 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 216 sits
All 123 2-beds →216 last sold in July 2024 at AED 2,428 per sqft, in line with 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 2nd floor
All 337 units in Palace Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 2-bed | 1,170 sqft | AED 2.72MAED 2,722,888 · Jul 2024July 2024 | ||
| 202 | 2-bed | 1,160 sqft | AED 2.71MAED 2,706,888 · Jul 2024July 2024 | ||
| 203 | 3-bed | 1,543 sqft | AED 3.81MAED 3,808,888 · Jul 2024July 2024 | ||
| 204 | 2-bed | 1,215 sqft | AED 2.94MAED 2,940,888 · Jul 2024July 2024 | ||
| 205 | 1-bed | 747 sqft | AED 1.88MAED 1,877,888 · Jul 2024July 2024 | ||
| 206 | 1-bed | 747 sqft | AED 1.82MAED 1,824,888 · Jul 2024July 2024 | ||
| 207 | 1-bed | 744 sqft | AED 1.76MAED 1,764,888 · Jul 2024July 2024 | ||
| 208 | 1-bed | 744 sqft | AED 1.76MAED 1,764,888 · Jul 2024July 2024 | ||
| 209 | 2-bed | 1,208 sqft | AED 2.61MAED 2,609,888 · Jul 2024July 2024 | ||
| 210 | 1-bed | 743 sqft | AED 1.76MAED 1,761,888 · Jul 2024July 2024 | ||
| 211 | 1-bed | 743 sqft | AED 1.76MAED 1,761,888 · Jul 2024July 2024 | ||
| 212 | 1-bed | 747 sqft | AED 1.77MAED 1,771,888 · Jul 2024July 2024 | ||
| 213 | 2-bed | 1,214 sqft | AED 2.6MAED 2,604,888 · Jul 2024July 2024 | ||
| 214 | 1-bed | 800 sqft | AED 1.97MAED 1,971,888 · Jul 2024July 2024 | ||
| 215 | 2-bed | 1,106 sqft | AED 2.69MAED 2,685,888 · Jul 2024July 2024 | ||
| 217 | 1-bed | 750 sqft | AED 1.92MAED 1,919,888 · Jul 2024July 2024 |
216, Palace Residences 3 in numbers
- Sold once: by Dubai Hills Estate on 15 July 2024 for AED 2,692,888, or AED 2,428 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 216, Palace Residences 3
What did unit 216 last sell for?
AED 2,692,888 on 15 July 2024, sold by the developer: AED 2,428 per sqft for 1,109 sqft. It is the only registered sale of the unit.
How big is unit 216?
1,109 sqft (103.0 sqm): a two-bedroom apartment on the 2nd floor of a 23-storey tower.
What is unit 216 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 216, Palace Residences 3
Starts from the last sale price (AED 2.69M, 15 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,692,888
- Deposit, UAE resident (20%)
- AED 538,578
- Deposit, non-resident (40%)
- AED 1,077,155
- Monthly over 25 years at 3.7%
- AED 11,017
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →