AED 2,500,000
2 bedroom apartment in Palace Residences 1
2 bath · 1,206 sqft · Hot Investor Deal · Branded 2BR · Handover 2028
Palace Residences 1
What people actually paid in Palace Residences 1: the sales registered at the Dubai Land Department, not asking prices. Understand the numbers before you buy.
- Median price
- AED 2.72M
- 12 sales in the last 12 months
- A sq ft
- AED 2,376
- Median, Dubai Land Department
- For sale with McCone
- 1
- On the market today
Palace Residences 1 — 12 sales in the last 12 months, median AED 2.72M at AED 2,376 a sq ft, from the DLD register. 1 for sale with McCone.
Buying off-plan
Managing Partner
Buying in Palace Residences 1? Our team can walk you through what these numbers mean for you.
- Community
- Dubai Hills Estate
- Nearest metro
- Equiti Metro Station — as the Dubai Land Department files it; every building beside it, and what each sold for
- First on record
- 2024 — an off-plan sale
- Sales on record
- 311 — registered at the Dubai Land Department, the latest October 2026
- Off-plan share
- 100% — 311 bought off-plan from the developer, 0 resales of a completed home
Recorded rents and gross yield for Palace Residences 1 →
Living in Dubai Hills Estate — the area guide →
What a mortgage on a home in Palace Residences 1 costs a month — and the cash you need on the day →
Median sale price
AED 2.72M
12 sales · the last 12 months
Mean AED 2.49M
Median per sq ft
AED 2,376
-0.7% on the year before
Mean AED 2,355
Last recorded sale
October 2026
Registered at the DLD
Activity, 90 days
No sales
below the five-sale floor to rank
The recorded market
Price per square foot, by year
The median of every sale registered at the Dubai Land Department here. Not asking prices.
2,382
2,387
2,384
202420252026
The low was 2024 at AED 2,382 a square foot, and it has recovered 0% since. It is still 0% below its 2025 peak.
What sells here
By size
Registered sales in the last three years. Sizes are the registered floor area.
| Layout | Typical size | Median price | Mean price | Per sq ft | Sales |
|---|---|---|---|---|---|
| 1 B/R | 751 sqft | 1,797,888 | 1,805,515 | 2,395 | 126 |
| 2 B/R | 1,169 sqft | 2,728,888 | 2,711,928 | 2,322 | 143 |
| 3 B/R | 1,543 sqft | 3,848,746 | 3,887,587 | 2,485 | 42 |
Layouts that have sold fewer than five times in three years are left out — too few to quote a median, so we do not guess at one.
Every sale, as registered
Recent sales in Palace Residences 1
The last transfers recorded at the Dubai Land Department, newest first.
| Date | Layout | Size | Price | Per sq ft |
|---|---|---|---|---|
| 5 Oct 2026 | 2 B/R | 1,207 | 2,773,564 | 2,298 |
| 5 Oct 2026 | 2 B/R | 1,220 | 2,923,324 | 2,397 |
| 11 Aug 2026 | 2 B/R | 1,219 | 2,300,000 | 1,886 |
| 1 Jul 2026 | 2 B/R | 1,208 | 2,691,888 | 2,228 |
| 22 May 2026 | 1 B/R | 747 | 1,766,888 | 2,365 |
| 27 Apr 2026 | 2 B/R | 1,124 | 2,640,000 | 2,350 |
| 21 Apr 2026 | 1 B/R | 747 | 1,781,888 | 2,384 |
| 15 Apr 2026 | 1 B/R | 747 | 1,805,888 | 2,416 |
| 24 Feb 2026 | 2 B/R | 1,114 | 2,840,000 | 2,548 |
| 19 Feb 2026 | 2 B/R | 1,119 | 2,850,000 | 2,548 |
| 18 Feb 2026 | 2 B/R | 1,114 | 2,757,966 | 2,475 |
| 28 Oct 2025 | 2 B/R | 1,169 | 2,769,888 | 2,369 |
How often it trades
Sales per year
Off-plan sales dominate a building’s first years; resales take over after handover.Off-planResale
293
7
11
202420252026
Of the 311 sales on record, 311 were bought off-plan from the developer and 0 were resales of a finished home. The 2026 bar is part-year.
Where the market is moving
The busiest buildings in Dubai Hills Estate
Palace Residences 1 sold 0 completed homes in the ninety days to 19 Oct 2026, below the five-sale floor to rank. These are the five busiest buildings in Dubai Hills Estate.
| Rank | Building | Sales, 90 days | Against its usual pace |
|---|---|---|---|
| 1 | Golf Residences by Fortimo | 28 | New to resale |
| 2 | Golf Grand | 20 | 3.6× |
| 3 | 399 Hills Park B | 19 | New to resale |
| 4 | Hills Park | 19 | 2.2× |
| 5 | Parkside Views | 16 | 12.8× |
Completed homes only, by the date the Dubai Land Department registered the transfer — the ninety days to 19 Oct 2026. Buildings with fewer than five sales in the window are not ranked. The ten busiest in Dubai Hills Estate, with pace against each building’s own year before.
Where these numbers come from. Every figure on this page is drawn from the Dubai Land Department’s transaction register, read directly from the Dubai Data Exchange. It is what buyers actually paid, recorded at transfer — not asking prices, not valuations, not our own estimates. Mortgage registrations, gift transfers, rent-to-own contracts and developers’ own filings are all excluded; none of them is a price a buyer paid. Medians are used rather than averages so one unusual sale cannot move the number. Data through 19 Oct 2026.
Nearby
What else to look at in Dubai Hills Estate
The buildings this one sits between on recorded price per square foot, and the newest to start trading. Every one has its own page of registered prices.
| Building | Recorded sales | First traded | Median per sq ft |
|---|---|---|---|
| Palace Residences 3 | 362 | 2024 | 2,431 |
| Vida Residences | 235 | 2024 | 2,419 |
| Soho The Berkeley | 101 | 2024 | 2,416 |
| Parkwood Tower A | 127 | 2025 | 2,401 |
| Ellington House 4 | 111 | 2024 | 2,365 |
| Golf Hillside | 189 | 2024 | 2,361 |
| Majestic Vistas (Lamborghini Mansions) | 75 | 2021 | 2,288 |
| Park Lane 1A | 199 | 2024 | 2,281 |
| Rosehill Block Bnewest | 347 | 2025 | 2,280 |
| Greencrest Towernewest | 140 | 2026 | 2,137 |
Medians over each building’s whole recorded history at the Dubai Land Department, so a tower that has not traded lately is still here — this is what to look at next, not what the market is doing this month. Buildings with fewer than five recorded sales are left out. “First traded” is the year the register first saw a sale in the building, which for a new tower is close to its handover.
Buying in Palace Residences 1? The cost of buying, the title deed, the service charges and buying as a foreigner, explained.