3-bed · 1,533 sqftPalace Residences 3, Dubai Hills Estate · 22nd floor

2206, 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 2206 · DLD and Ejari recordsUpdated 15 July 2024
Last soldAED 3.89M15 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2206, Palace Residences 3

What is 2206 worth today?

Last sold for AED 3,888,888 in 2024

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15 Jul 2024Sold by developerOff-plan
AED 3,888,888AED 2,537 per sqft

Source: Dubai Land Department. Updated 15 July 2024.

Key facts

Type
3-bed apartment
Size
1,533 sqft
Floor
22nd of 23
Parking
2
Developer
Dubai Hills Estate
Last sold
AED 3.89M · July 2024

About 2206, Palace Residences 3

2206 is a three-bedroom apartment of 1,533 sqft on the 22nd 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 3,888,888, or AED 2,537 per sqft, in line with the AED 2,572 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

3-beds in Palace Residences 3, and where 2206 sits

All 39 3-beds →

2206 last sold in July 2024 at AED 2,537 per sqft, in line with what three-beds in Palace Residences 3 were fetching at the time (AED 2,572). Over the last 12 months three-beds sold for AED 4,067,888, around AED 2,636 per sqft.

Recent 3-bed salesUnit no.Price (AED)Summary
10 Nov 20254,067,888
24 Jul 20244,157,888
15 Jul 20243,789,888
15 Jul 20244,083,888
1 3-bed sale 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 22nd floor

All 337 units in Palace Residences 3
Value
22012-bedAED 2.71M · Jul 2024
22021-bedAED 1.82M · Jul 2024
22031-bedAED 1.81M · Jul 2024
22041-bedAED 1.85M · Jul 2024
22052-bedAED 2.7M · Jul 2024
22073-bedAED 3.8M · Jul 2024
22081-bedAED 2.08M · Jul 2024

2206, Palace Residences 3 in numbers

  • Sold once: by Dubai Hills Estate on 15 July 2024 for AED 3,888,888, or AED 2,537 per sqft.
  • Three-beds in Palace Residences 3 sold for AED 4,067,888–4,067,888 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 2206, Palace Residences 3

What did unit 2206 last sell for?

AED 3,888,888 on 15 July 2024, sold by the developer: AED 2,537 per sqft for 1,533 sqft. It is the only registered sale of the unit.

How big is unit 2206?

1,533 sqft (142.4 sqm): a three-bedroom apartment on the 22nd floor of a 23-storey tower.

What is unit 2206 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Palace Residences 3 sold for AED 4,067,888 to 4,067,888 in the last 12 months, around AED 2,636 per sqft.

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Mortgage on 2206, Palace Residences 3

Starts from the last sale price (AED 3.89M, 15 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,888,888
Deposit, UAE resident (20%)
AED 777,778
Deposit, non-resident (40%)
AED 1,555,555
Monthly over 25 years at 3.7%
AED 15,911

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