1-bed · 747 sqftPalace Residences 3, Dubai Hills Estate · 7th floor

705, 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 705 · DLD and Ejari recordsUpdated 15 July 2024
Last soldAED 1.9M15 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Palace Residences 3

What is 705 worth today?

Last sold for AED 1,895,888 in 2024

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15 Jul 2024Sold by developerOff-plan
AED 1,895,888AED 2,539 per sqft

Source: Dubai Land Department. Updated 15 July 2024.

Key facts

Type
1-bed apartment
Size
747 sqft
Floor
7th of 23
Parking
1
Developer
Dubai Hills Estate
Last sold
AED 1.9M · July 2024

About 705, Palace Residences 3

705 is a one-bedroom apartment of 747 sqft on the 7th 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 1,895,888, or AED 2,539 per sqft, 4% 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 705 over time

Sales
Unit 705, 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 1,895,888 (AED 2,539 per sqft)

705 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 705 sits

All 180 1-beds →

705 last sold in July 2024 at AED 2,539 per sqft, 4% 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 7th floor

All 337 units in Palace Residences 3
Value
7012-bedAED 2.75M · Nov 2025
7022-bedAED 2.76M · Jul 2024
7033-bedAED 4.08M · Jul 2024
7042-bedAED 3.15M · Jul 2024
7061-bedAED 1.84M · Jul 2024
7071-bedAED 1.78M · Jul 2024
7081-bedAED 1.75M · Jun 2025
1–7 of 16

705, Palace Residences 3 in numbers

  • Sold once: by Dubai Hills Estate on 15 July 2024 for AED 1,895,888, or AED 2,539 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 705, Palace Residences 3

What did unit 705 last sell for?

AED 1,895,888 on 15 July 2024, sold by the developer: AED 2,539 per sqft for 747 sqft. It is the only registered sale of the unit.

How big is unit 705?

747 sqft (69.4 sqm): a one-bedroom apartment on the 7th floor of a 23-storey tower.

What is unit 705 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 705, Palace Residences 3

Starts from the last sale price (AED 1.9M, 15 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,895,888
Deposit, UAE resident (20%)
AED 379,178
Deposit, non-resident (40%)
AED 758,355
Monthly over 25 years at 3.7%
AED 7,757

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