511, 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 511, Palace Residences 3
What is 511 worth today?
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Source: Dubai Land Department. Updated 12 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 743 sqft
- Floor
- 5th of 23
- Parking
- 1
- Developer
- Dubai Hills Estate
- Last sold
- AED 1.74M · July 2024
- Building
- Palace Residences 3
About 511, Palace Residences 3
511 is a one-bedroom apartment of 743 sqft on the 5th floor of Palace Residences 3, a 23-storey tower in Dubai Hills Estate by Dubai Hills Estate. The developer sold it on 12 July 2024 for AED 1,736,450, or AED 2,337 per sqft, 3% below the AED 2,418 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 511 over time
511 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 511 sits
All 180 1-beds →511 last sold in July 2024 at AED 2,337 per sqft, 3% below what one-beds in Palace Residences 3 were fetching at the time (AED 2,418). 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 5th floor
All 337 units in Palace Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,170 sqft | AED 2.74MAED 2,737,888 · Jul 2024July 2024 | ||
| 502 | 2-bed | 1,160 sqft | AED 2.75MAED 2,747,888 · Jul 2024July 2024 | ||
| 503 | 3-bed | 1,543 sqft | AED 4.07MAED 4,067,888 · Nov 2025November 2025 | ||
| 504 | 2-bed | 1,215 sqft | AED 3.14MAED 3,140,888 · Jul 2024July 2024 | ||
| 505 | 1-bed | 747 sqft | AED 1.89MAED 1,888,888 · Jul 2024July 2024 | ||
| 506 | 1-bed | 747 sqft | AED 1.84MAED 1,835,888 · Jul 2024July 2024 | ||
| 507 | 1-bed | 744 sqft | AED 1.77MAED 1,774,888 · Jul 2024July 2024 | ||
| 508 | 1-bed | 744 sqft | AED 1.77MAED 1,774,888 · Jul 2024July 2024 | ||
| 509 | 2-bed | 1,208 sqft | AED 2.6MAED 2,598,639 · Jul 2024July 2024 | ||
| 510 | 1-bed | 743 sqft | AED 1.77MAED 1,771,888 · Aug 2024August 2024 | ||
| 512 | 1-bed | 747 sqft | AED 1.78MAED 1,782,888 · Jul 2024July 2024 | ||
| 513 | 2-bed | 1,214 sqft | AED 2.62MAED 2,619,888 · Jul 2024July 2024 | ||
| 514 | 1-bed | 800 sqft | AED 2.06MAED 2,056,888 · Jul 2024July 2024 | ||
| 515 | 2-bed | 1,106 sqft | AED 2.8MAED 2,801,888 · Jul 2024July 2024 | ||
| 516 | 2-bed | 1,109 sqft | AED 2.81MAED 2,808,888 · Sep 2024September 2024 | ||
| 517 | 1-bed | 750 sqft | AED 2MAED 2,002,888 · Jul 2024July 2024 |
511, Palace Residences 3 in numbers
- Sold once: by Dubai Hills Estate on 12 July 2024 for AED 1,736,450, or AED 2,337 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 12 July 2024.
Questions about 511, Palace Residences 3
What did unit 511 last sell for?
AED 1,736,450 on 12 July 2024, sold by the developer: AED 2,337 per sqft for 743 sqft. It is the only registered sale of the unit.
How big is unit 511?
743 sqft (69.0 sqm): a one-bedroom apartment on the 5th floor of a 23-storey tower.
What is unit 511 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 511? Put it on the OpenOffers board
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Mortgage on 511, Palace Residences 3
Starts from the last sale price (AED 1.74M, 12 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,736,450
- Deposit, UAE resident (20%)
- AED 347,290
- Deposit, non-resident (40%)
- AED 694,580
- Monthly over 25 years at 3.7%
- AED 7,104
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →