P05, 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 P05, Palace Residences 3
What is P05 worth today?
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Source: Dubai Land Department. Updated 15 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,210 sqft
- Parking
- 1
- Developer
- Dubai Hills Estate
- Last sold
- AED 2.59M · July 2024
- Building
- Palace Residences 3
About P05, Palace Residences 3
P05 is a two-bedroom apartment of 1,210 sqft 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 2,585,888, or AED 2,137 per sqft, 10% below 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 P05 over time
P05 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 P05 sits
All 123 2-beds →P05 last sold in July 2024 at AED 2,137 per sqft, 10% below 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Aug 20266 August 2026 | 1,208 sqft | 2,666,888 | 2,207 | ||
| 17 Feb 202617 February 2026 | 1,214 sqft | 2,759,260 | 2,272 | ||
| 14 Nov 202514 November 2025 | 1,106 sqft | 2,925,404 | 2,645 | ||
| 10 Nov 202510 November 2025 | 1,170 sqft | 2,749,000 | 2,348 |
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
P05, Palace Residences 3 in numbers
- Sold once: by Dubai Hills Estate on 15 July 2024 for AED 2,585,888, or AED 2,137 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 P05, Palace Residences 3
What did unit P05 last sell for?
AED 2,585,888 on 15 July 2024, sold by the developer: AED 2,137 per sqft for 1,210 sqft. It is the only registered sale of the unit.
How big is unit P05?
1,210 sqft (112.4 sqm): a two-bedroom apartment of a 23-storey tower.
What is unit P05 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 P05, Palace Residences 3
Starts from the last sale price (AED 2.59M, 15 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,585,888
- Deposit, UAE resident (20%)
- AED 517,178
- Deposit, non-resident (40%)
- AED 1,034,355
- Monthly over 25 years at 3.7%
- AED 10,580
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →