1-bed · 748 sqftPalace Residences 2, Dubai Hills Estate · 22nd floor

2201, Palace Residences 2

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 2201 · DLD and Ejari recordsUpdated 15 July 2024
Last soldAED 1.99M15 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2201, Palace Residences 2

What is 2201 worth today?

Last sold for AED 1,989,888 in 2024

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15 Jul 2024Sold by developerOff-plan
AED 1,989,888AED 2,659 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 July 2024.

Key facts

Type
1-bed apartment
Size
748 sqft
Floor
22nd of 22
Parking
1
Developer
Dubai Hills Estate
Last sold
AED 1.99M · July 2024

About 2201, Palace Residences 2

2201 is a one-bedroom apartment of 748 sqft on the 22nd floor of Palace Residences 2, a 22-storey tower in Dubai Hills Estate by Dubai Hills Estate. The developer sold it on 15 July 2024 for AED 1,989,888, or AED 2,659 per sqft, 10% above the AED 2,414 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

1-beds in Palace Residences 2, and where 2201 sits

All 126 1-beds →

2201 last sold in July 2024 at AED 2,659 per sqft, 10% above what one-beds in Palace Residences 2 were fetching at the time (AED 2,414). Over the last 12 months one-beds sold for AED 1,800,000 to 1,836,000, around AED 2,426 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Feb 20261,800,000
8 Jan 20261,836,000
2 Oct 20241,955,139
16 Sep 20241,870,888
2 1-bed sales in the last 12 months

Palace Residences 2

Building

307 apartments, 1-bed to 3-bed over 22 floors in Dubai Hills Estate by Dubai Hills Estate. 5 sold in the last 12 months.

Typical price per sqft
AED 2,443
Typical sale
AED 2.6M
Typical rent
Few contracts
Typical yield
Palace Residences 2, Dubai Hills Estate: prices, sales and rents →

Other units on the 22nd floor

All 307 units in Palace Residences 2
Value
22023-bedAED 3.74M · Jul 2024
22033-bedAED 4.2M · Jul 2024
22042-bedAED 3.12M · Jul 2024
22052-bedAED 2.75M · Jul 2024
22062-bedAED 2.61M · Jul 2024
22072-bedAED 2.7M · Jul 2024

2201, Palace Residences 2 in numbers

  • Sold once: by Dubai Hills Estate on 15 July 2024 for AED 1,989,888, or AED 2,659 per sqft.
  • One-beds in Palace Residences 2 sold for AED 1,800,000–1,836,000 in the 12 months to November 2026; the building's median across all types is AED 2,443 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 15 July 2024.

Questions about 2201, Palace Residences 2

What did unit 2201 last sell for?

AED 1,989,888 on 15 July 2024, sold by the developer: AED 2,659 per sqft for 748 sqft. It is the only registered sale of the unit.

How big is unit 2201?

748 sqft (69.5 sqm): a one-bedroom apartment on the 22nd floor of a 22-storey tower.

What is unit 2201 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 2 sold for AED 1,800,000 to 1,836,000 in the last 12 months, around AED 2,426 per sqft.

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Mortgage on 2201, Palace Residences 2

Starts from the last sale price (AED 1.99M, 15 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,989,888
Deposit, UAE resident (20%)
AED 397,978
Deposit, non-resident (40%)
AED 795,955
Monthly over 25 years at 3.7%
AED 8,141

Plus AED 88,586 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →