BuildingDubai Hills Estate · Dubai Hills Estate

Palace Residences 2

One-beds to three-beds in Dubai Hills Estate. 5 apartments sold in the last 12 months; every sale, rent and unit is below.

Last 12 monthsUpdated 16 February 2026
Typical price per sqftAED 2,4435 sales
Typical saleAED 2.6M5 sales

About Palace Residences 2

Palace Residences 2 is an off-plan, branded residential tower in Dubai Hills Estate, within the Park Heights cluster. Set beside Dubai Hills Park and close to Dubai Hills Mall, it offers a green, urban setting with mid- to high-rise living and views across landscaped parkland and the boulevard. The project is under construction with handover currently expected in Q2 2028. Homes in Palace Residences 2 comprise 1 to 3-bedroom apartments and a limited number of 3-bedroom townhouses. Layouts are contemporary, with open-plan living, floor-to-ceiling glazing and balconies oriented towards the park where possible. Building quality and finishes are positioned in the upper tier for the community, consistent with the branded concept and recent launches in Dubai Hills Estate. Lifestyle amenities focus on wellness and family-friendly recreation. Residents typically have access to an outdoor swimming pool with separate children’s pool, a well-equipped indoor fitness centre, outdoor fitness and yoga spaces, multipurpose rooms and lounges, barbecue areas, children’s indoor and outdoor play zones, and landscaped podium gardens. Being next to Dubai Hills Park provides direct access to jogging tracks, open lawns and play courts, while Dubai Hills Mall nearby adds supermarkets, retail and dining. Schools, clinics and a major hospital are located within a short drive in and around the wider community. Accessibility is a key draw. The development sits near Al Khail Road (E44) with additional connectivity to Sheikh Mohammed Bin Zayed Road (E311), offering straightforward commutes to major business districts including Downtown Dubai. Public transport in Dubai Hills Estate is developing; there is no dedicated metro station in the community at present, and the closest Red Line stations are a drive away. For daily needs, on-site parking and community bus/taxi options are commonly used. Overall, Palace Residences 2 suits buyers seeking new, park-facing apartments within a large, master-planned address that balances green space with city convenience.

312 apartments over 22 floors: 126 one-beds of 743 to 915 sqft, 140 two-beds of 1,112 to 1,515 sqft and 44 three-beds of 1,483 to 1,959 sqft.

5 apartments sold in the 12 months to February 2026, at a median of AED 2,443 per sqft. Most of the trading is in two-beds: 3 of the 5 sales, at AED 2,602,888 to 2,905,888.

YallaValue estimates what the apartments in Palace Residences 2 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
22
Units
312
Unit types
1-bed to 3-bed

Dubai Hills Estate, Dubai

Average prices in Palace Residences 2

In Palace Residences 2, typical sale prices over the last 12 months were around AED 1,820,000 for one-beds and AED 2,900,000 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 2

2,2002,400May 2026Nov 20262025-12-20: AED 2,135, 2-bed, 1,219 sqft2026-01-08: AED 2,443, 1-bed, 751 sqft2026-01-16: AED 2,505, 2-bed, 1,160 sqft2026-02-11: AED 2,408, 1-bed, 747 sqft2026-02-16: AED 2,480, 2-bed, 1,169 sqftTrend: AED 2,265 to AED 2,504

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 2

  • Off-plan2-bed · 1,169 sqft 16 Feb 2026AED 2,900,0002,480 /sqft
  • Off-plan1-bed · 747 sqft 11 Feb 2026AED 1,800,0002,408 /sqft
  • Off-plan2-bed · 1,159 sqft 16 Jan 2026AED 2,905,8882,505 /sqft
  • Off-plan1-bed · 751 sqft 08 Jan 2026AED 1,836,0002,444 /sqft
  • Off-plan2-bed · 1,219 sqft 20 Dec 2025AED 2,602,8882,135 /sqft
  • Off-plan751 sqft 23 Oct 2025AED 1,896,8882,524 /sqft
  • Off-plan747 sqft 17 Sep 2025AED 1,760,1092,355 /sqft
  • Off-plan2-bed · 1,204 sqft 08 Jul 2025AED 2,583,8882,145 /sqft
  • Off-plan2-bed · 1,207 sqft 05 May 2025AED 2,700,0002,237 /sqft
  • Off-plan1-bed · 373 sqftNo unit no. 02 May 2025AED 929,4452,492 /sqft

Over the last 12 months, Palace Residences 2 has recorded 5 apartment sales. Typical homes sold for around AED 2.6M (about AED 2,443 per sqft) with a median size of 1,160 sqft; most were two-beds, from roughly AED 1.8M to AED 2.91M.

1–10 of 322

Units in Palace Residences 2

312 units
  • Unit 1012-bed · 1,360 sqftSold AED 2.75M, Nov 2024
  • Unit 1022-bed · 1,365 sqftSold AED 2.76M, Jul 2024
  • Unit 1033-bed · 1,953 sqftSold AED 4.08M, Jul 2024
  • Unit 1042-bed · 1,515 sqftSold AED 3.02M, Jul 2024
  • Unit 1051-bed · 915 sqftSold AED 1.95M, Jul 2024
  • Unit 1061-bed · 911 sqftSold AED 1.92M, Jul 2024
  • Unit 1071-bed · 915 sqftSold AED 1.86M, Jul 2024
  • Unit 1082-bed · 1,249 sqftSold AED 2.61M, 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 312
Every unit in Palace Residences 2, by number

By type: one-beds (126), two-beds (140), three-beds (44).

Nearby in Dubai Hills Estate

All 82 →
BuildingSale /sqftYield
Palace Residences TownhousesFew sales
Palace Residences 3AED 2,520
Palace Residences 1AED 2,474
ParklandAED 2,307
Parkside HillsAED 2,164
1–5 of 81 · nearest first

Palace Residences 2 in numbers

  • Across 5 DLD sales in the 12 months to February 2026, the median price in Palace Residences 2 was AED 2,443 per sqft and the typical home sold for about AED 2.6M.
  • By Dubai Hills Estate; 22 floors of one-beds to three-beds.
  • Two-beds of 1,112 to 1,515 sqft sold for AED 2,602,888 to 2,905,888 between December 2025 and February 2026, a median AED 2,480 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 16 February 2026.

Questions

How much does a two-bed in Palace Residences 2 cost?

3 two-beds sold in the 12 months to February 2026, for AED 2,602,888 to 2,905,888; the median was AED 2,900,000, or AED 2,480 per sqft. Across all 5 sales in Palace Residences 2, of every type, the median was AED 2,602,888, or AED 2,443 per sqft.

What is my apartment in Palace Residences 2 worth?

YallaValue keeps an estimate for the apartments in Palace Residences 2, 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. For a guide before that: 3 two-beds sold for AED 2,602,888 to 2,905,888 in the 12 months to February 2026.

Who built Palace Residences 2 and when?

Dubai Hills Estate; 22 floors; 312 apartments.

How many apartments are there in Palace Residences 2?

312, 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.

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