BuildingDubai Hills Estate · Dubai Hills Estate

Palace Residences 1

One-beds to three-beds in Dubai Hills Estate. 1 apartment sold in the last 12 months; every sale, rent and unit is below.

Last 12 monthsUpdated 18 February 2026
Typical price per sqftAED 2,4741 sale
Typical saleAED 2.76M1 sale

About Palace Residences 1

Palace Residences 1 is an off‑plan residential building within the Park Heights enclave of Dubai Hills Estate, a master‑planned community in Mohammed Bin Rashid City. Set amid extensive green spaces and close to Dubai Hills Park and Dubai Hills Mall, the address combines an urban setting with a suburban, landscaped feel. Homes are primarily contemporary apartments in one to three bedrooms, with some townhouses planned within the wider cluster. Designs typically feature modern finishes, open‑plan living, and balconies, with building heights and massing consistent with other mid‑rise blocks in Park Heights. As a new build, specifications are aligned with recent projects in Dubai Hills Estate, with attention to glazing, natural light and efficient layouts. Lifestyle appeal centres on access to parkland, jogging and cycling paths, and the retail, dining and entertainment options at Dubai Hills Mall. Within the development, residents can expect shared facilities such as a swimming pool, equipped gym, children’s play areas and landscaped podium spaces. Day‑to‑day needs are supported by nearby supermarkets, clinics and community services, while established schools and a major hospital operate within short driving distance of the estate. Connectivity is a key advantage. The community sits off Al Khail Road (E44) with convenient links to Umm Suqeim Street (D63), offering straightforward access to Downtown Dubai, Business Bay and other employment hubs. Public transport in the immediate area is developing, so most residents rely on private cars or ride‑hailing for now, with on‑site covered parking provided in the building. As an off‑plan release, Palace Residences 1 follows the broader Dubai Hills Estate timeline, with completion and handover scheduled in phases across Park Heights. Buyers and tenants are drawn by the combination of new construction, on‑site amenities, and the established infrastructure of Dubai Hills Estate’s parks, retail and community facilities.

293 apartments over 21 floors: 118 one-beds of 743 to 866 sqft, 129 two-beds of 1,115 to 1,365 sqft and 40 three-beds of 1,488 to 1,820 sqft.

1 apartment sold in the 12 months to February 2026, at a median of AED 2,474 per sqft.

YallaValue estimates what the apartments in Palace Residences 1 are worth today, home by home, and updates the estimates daily. An estimate is free: choose the unit in the list on this page and verify once by WhatsApp, email or Google.

Developer
Dubai Hills Estate
Floors
21
Units
293
Unit types
1-bed to 3-bed

Dubai Hills Estate, Dubai

Average prices in Palace Residences 1

In Palace Residences 1, typical sale prices over the last 12 months were around AED 2,760,000 for two-beds.

Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.

Price history in Palace Residences 1

2,2002,4002,600May 2026Nov 20262026-02-18: AED 2,474, 2-bed, 1,115 sqft

Every registered sale in the last 12 months; the dashed line is the trend within those 12 months, grey dots are flagged outliers left out of it.

Transaction history in Palace Residences 1

  • Off-plan2-bed · 1,118 sqftNo unit no. 19 Feb 2026AED 2,850,0002,549 /sqft
  • Off-plan2-bed · 1,114 sqft 18 Feb 2026AED 2,757,9662,475 /sqft
  • Off-plan1,169 sqft 27 Oct 2025AED 2,769,8882,369 /sqft
  • Off-plan747 sqft 25 Sep 2025AED 1,788,8882,393 /sqft
  • Off-plan1,114 sqft 24 Sep 2025AED 2,660,0002,387 /sqft
  • Off-plan1,169 sqft 22 Sep 2025AED 2,790,8882,387 /sqft
  • Off-plan747 sqft 18 Sep 2025AED 1,891,8882,532 /sqft
  • Off-plan1,546 sqft 28 Aug 2025AED 3,800,0002,458 /sqft
  • Off-plan1-bed · 751 sqft 15 Jul 2025AED 1,780,8882,369 /sqft
  • Off-plan2-bed · 1,159 sqft 08 Jul 2025AED 2,770,8882,389 /sqft

Over the last 12 months, Palace Residences 1 has recorded 1 apartment sale. Typical homes sold for around AED 2.76M (about AED 2,474 per sqft) with a median size of 1,115 sqft; most were two-beds.

1–10 of 302

Units in Palace Residences 1

293 units
  • Unit 1012-bed · 1,360 sqftSold AED 2.75M, Jul 2024
  • Unit 1022-bed · 1,365 sqftSold AED 2.76M, Jul 2024
  • Unit 1033-bed · 1,820 sqftSold AED 4M, Jul 2024
  • Unit 1042-bed · 1,219 sqftSold AED 2.73M, Jul 2024
  • Unit 1051-bed · 752 sqftSold AED 1.78M, Sep 2024
  • Unit 1061-bed · 747 sqftSold AED 1.77M, Jul 2024
  • Unit 1071-bed · 752 sqftSold AED 1.78M, Jul 2024
  • Unit 1082-bed · 1,206 sqftSold AED 2.59M, Jul 2024
  • Unit 1091-bed · 754 sqftSold AED 1.78M, Jul 2024
  • Unit 1101-bed · 751 sqftSold AED 1.78M, Jul 2024
1–10 of 293
Every unit in Palace Residences 1, by number

By type: one-beds (118), two-beds (129), three-beds (40).

Nearby in Dubai Hills Estate

All 82 →
BuildingSale /sqftYield
Palace Residences TownhousesFew sales
Palace Residences 3AED 2,395
Palace Residences 2AED 2,443
ParklandAED 2,307
Parkside HillsAED 2,164
1–5 of 81 · nearest first

Palace Residences 1 in numbers

  • Across 1 DLD sale in the 12 months to February 2026, the median price in Palace Residences 1 was AED 2,474 per sqft and the typical home sold for about AED 2.76M.
  • By Dubai Hills Estate; 21 floors of one-beds to three-beds.

Source: YallaValue analysis of Dubai Land Department records. Updated 18 February 2026.

Questions

How much does a two-bed in Palace Residences 1 cost?

1 two-bed sold in the 12 months to February 2026; the median was AED 2,757,966, or AED 2,474 per sqft.

What is my apartment in Palace Residences 1 worth?

YallaValue keeps an estimate for the apartments in Palace Residences 1, home by home, updated daily. It is free: choose your unit in the list on this page and verify once by WhatsApp, email or Google.

Who built Palace Residences 1 and when?

Dubai Hills Estate; 21 floors; 293 apartments.

How many apartments are there in Palace Residences 1?

293, one-beds to three-beds. Each has its own page with its full sales and rental history.

Work it out for a home here: how much a rent can rise, the service charge for its size or a mortgage.

For sale with OpenOffers in Dubai Hills Estate

No Dubai Hills Estate property is on the board today. Follow Dubai Hills Estate to hear the day one is listed, or see what is for sale across Dubai with every offer public.