2-bed · 1,109 sqftPalace Residences 3, Dubai Hills Estate · 4th floor

416, 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 416 · DLD and Ejari recordsUpdated 15 July 2024
Last soldAED 2.8M15 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 416, Palace Residences 3

What is 416 worth today?

Last sold for AED 2,803,888 in 2024

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15 Jul 2024Sold by developerOff-plan
AED 2,803,888AED 2,528 per sqft

Source: Dubai Land Department. Updated 15 July 2024.

Key facts

Type
2-bed apartment
Size
1,109 sqft
Floor
4th of 23
Parking
1
Developer
Dubai Hills Estate
Last sold
AED 2.8M · July 2024

About 416, Palace Residences 3

416 is a two-bedroom apartment of 1,109 sqft on the 4th 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 2,803,888, or AED 2,528 per sqft, 6% above 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 416 over time

Sales
Unit 416, each saleTypical two-bed in Palace Residences 3
2.75M2.8M202420252026Typical sale price by year: 2024 AED 2,747,888; 2025 AED 2,732,888Sold by developer, July 2024: AED 2,803,888 (AED 2,528 per sqft)

416 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 416 sits

All 123 2-beds →

416 last sold in July 2024 at AED 2,528 per sqft, 6% above 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 salesUnit no.Price (AED)Summary
6 Aug 20262,666,888
17 Feb 20262,759,260
14 Nov 20252,925,404
10 Nov 20252,749,000
4 2-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 4th floor

All 337 units in Palace Residences 3
Value
4012-bedAED 2.73M · Apr 2025
4022-bedAED 2.74M · Jul 2024
4033-bedAED 4.06M · Jul 2024
4042-bedAED 3.13M · Jul 2024
4051-bedAED 1.88M · Sep 2024
4061-bedAED 1.83M · Jul 2024
4071-bedAED 1.77M · Dec 2024
1–7 of 16

416, Palace Residences 3 in numbers

  • Sold once: by Dubai Hills Estate on 15 July 2024 for AED 2,803,888, or AED 2,528 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 416, Palace Residences 3

What did unit 416 last sell for?

AED 2,803,888 on 15 July 2024, sold by the developer: AED 2,528 per sqft for 1,109 sqft. It is the only registered sale of the unit.

How big is unit 416?

1,109 sqft (103.0 sqm): a two-bedroom apartment on the 4th floor of a 23-storey tower.

What is unit 416 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 416, Palace Residences 3

Starts from the last sale price (AED 2.8M, 15 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,803,888
Deposit, UAE resident (20%)
AED 560,778
Deposit, non-resident (40%)
AED 1,121,555
Monthly over 25 years at 3.7%
AED 11,472

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