1-bed · 750 sqftPalace Residences 3, Dubai Hills Estate · 2nd floor

217, 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.

Unit 217 · DLD and Ejari recordsUpdated 15 July 2024
Last soldAED 1.92M15 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 217, Palace Residences 3

What is 217 worth today?

Last sold for AED 1,919,888 in 2024

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15 Jul 2024Sold by developerOff-plan
AED 1,919,888AED 2,558 per sqft

Source: Dubai Land Department. Updated 15 July 2024.

Key facts

Type
1-bed apartment
Size
750 sqft
Floor
2nd of 23
Parking
1
Developer
Dubai Hills Estate
Last sold
AED 1.92M · July 2024

About 217, Palace Residences 3

217 is a one-bedroom apartment of 750 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 1,919,888, or AED 2,558 per sqft, 5% above the AED 2,442 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 217 over time

Sales
Unit 217, each saleTypical one-bed in Palace Residences 3
1.8M2M2024202520262027Typical sale price by year: 2024 AED 1,815,388; 2025 AED 1,769,994; 2026 AED 2,013,444Sold by developer, July 2024: AED 1,919,888 (AED 2,558 per sqft)

217 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 217 sits

All 180 1-beds →

217 last sold in July 2024 at AED 2,558 per sqft, 5% above what one-beds in Palace Residences 3 were fetching at the time (AED 2,442). 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 salesUnit no.Price (AED)Summary
13 May 20261,760,888
31 Mar 20262,071,888
30 Mar 20262,046,888
6 Feb 20261,980,000
5 1-bed sales in the last 12 months

Palace Residences 3

Building

337 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
Palace Residences 3, Dubai Hills Estate: prices, sales and rents →

Other units on the 2nd floor

All 337 units in Palace Residences 3
Value
2012-bedAED 2.72M · Jul 2024
2022-bedAED 2.71M · Jul 2024
2033-bedAED 3.81M · Jul 2024
2042-bedAED 2.94M · Jul 2024
2051-bedAED 1.88M · Jul 2024
2061-bedAED 1.82M · Jul 2024
2071-bedAED 1.76M · Jul 2024
1–7 of 16

217, Palace Residences 3 in numbers

  • Sold once: by Dubai Hills Estate on 15 July 2024 for AED 1,919,888, or AED 2,558 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 15 July 2024.

Questions about 217, Palace Residences 3

What did unit 217 last sell for?

AED 1,919,888 on 15 July 2024, sold by the developer: AED 2,558 per sqft for 750 sqft. It is the only registered sale of the unit.

How big is unit 217?

750 sqft (69.7 sqm): a one-bedroom apartment on the 2nd floor of a 23-storey tower.

What is unit 217 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.

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Mortgage on 217, Palace Residences 3

Starts from the last sale price (AED 1.92M, 15 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,919,888
Deposit, UAE resident (20%)
AED 383,978
Deposit, non-resident (40%)
AED 767,955
Monthly over 25 years at 3.7%
AED 7,855

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