P02, 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.
Property timeline for P02, Palace Residences 2
What is P02 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 24 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 753 sqft
- Parking
- 1
- Developer
- Dubai Hills Estate
- Last sold
- AED 1.78M · July 2024
- Building
- Palace Residences 2
About P02, Palace Residences 2
P02 is a one-bedroom apartment of 753 sqft of Palace Residences 2, a 22-storey tower in Dubai Hills Estate by Dubai Hills Estate. The developer sold it on 24 July 2024 for AED 1,778,888, or AED 2,361 per sqft, in line with the AED 2,410 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 P02 sits
All 126 1-beds →P02 last sold in July 2024 at AED 2,361 per sqft, in line with what one-beds in Palace Residences 2 were fetching at the time (AED 2,410). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Feb 202611 February 2026 | 747 sqft | 1,800,000 | 2,408 | ||
| 8 Jan 20268 January 2026 | 751 sqft | 1,836,000 | 2,443 | ||
| 2 Oct 20242 October 2024 | 748 sqft | 1,955,139 | 2,613 | ||
| 16 Sep 202416 September 2024 | 752 sqft | 1,870,888 | 2,489 |
Palace Residences 2
Building307 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
P02, Palace Residences 2 in numbers
- Sold once: by Dubai Hills Estate on 24 July 2024 for AED 1,778,888, or AED 2,361 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 24 July 2024.
Questions about P02, Palace Residences 2
What did unit P02 last sell for?
AED 1,778,888 on 24 July 2024, sold by the developer: AED 2,361 per sqft for 753 sqft. It is the only registered sale of the unit.
How big is unit P02?
753 sqft (70.0 sqm): a one-bedroom apartment of a 22-storey tower.
What is unit P02 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 P02, Palace Residences 2
Starts from the last sale price (AED 1.78M, 24 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,778,888
- Deposit, UAE resident (20%)
- AED 355,778
- Deposit, non-resident (40%)
- AED 711,555
- Monthly over 25 years at 3.7%
- AED 7,278
Plus AED 79,724 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →