Unit 1013, Palace Residences: what it sold for and what it is worth now

Unit 1013 at Palace Residences is a 1 bed of 700 sq ft. It last sold for AED 1,036,888 on 18 Mar 2022. At AED 2,837 per sq ft, from 6 sales of units ending 13 (same position in the tower), it is worth about AED 1,986,000 today.

Value todayAED 1,986,000AED 1,925,000 to AED 2,064,000
Last saleAED 1,036,88818 Mar 2022 · Off-plan
Change since last sale+91.5% 
Rent (median asking, 1 bed)AED 115,000Gross yield 5.8%
Bedrooms1 bed
Size700 sq ft
Floor10 (from the unit number)
Position in the towerStack 13: units ending 13 share the same layout and view
BuildingPalace Residences by Emaar Properties, handed over 2022
Registered sales of this unit1

Every registered sale of unit 1013

DatePriceSizeAED/sq ftType
18 Mar 2022AED 1,036,888700 sq ft1,481Off-plan

Units ending 13 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
241318 Aug 2025AED 3,190,0001,091 sq ft2,924Resale
211323 Mar 2025AED 3,600,0001,090 sq ft3,303Resale
361321 Jan 2025AED 3,000,0001,091 sq ft2,750Resale
391321 Jan 2025AED 3,000,0001,091 sq ft2,750Resale
251313 Jan 2025AED 3,225,0001,091 sq ft2,956Resale
23134 Nov 2024AED 2,900,0001,091 sq ft2,658Resale
21138 Oct 2024AED 2,900,0001,090 sq ft2,661Resale
321313 Sep 2024AED 2,950,0001,091 sq ft2,704Resale

Latest 1 bed sales in Palace Residences

UnitDatePriceSizeAED/sq ftType
311214 Oct 2026AED 1,800,000702 sq ft2,564Resale
300211 May 2026AED 2,200,000700 sq ft3,143Resale
26095 May 2026AED 2,330,000700 sq ft3,329Resale
291216 Apr 2026AED 2,000,000702 sq ft2,849Resale
171227 Feb 2026AED 2,075,000702 sq ft2,956Resale
120926 Feb 2026AED 2,150,000700 sq ft3,071Resale
91216 Feb 2026AED 2,200,000702 sq ft3,134Resale
38093 Feb 2026AED 2,350,000700 sq ft3,357Resale

How we worked out the value

We took the 6 resale sales of units ending 13 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,837). We multiplied it by the size of this unit (700 sq ft). The range uses the middle half of those sales (AED 2,750 to AED 2,948 per sq ft). Floor, view, condition and upgrades can move the price either way. Sales data to 14 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 1013 at Palace Residences worth?

About AED 1,986,000 (range AED 1,925,000 to AED 2,064,000), based on AED 2,837 per sq ft from registered sales up to 14 Oct 2026.

When did unit 1013 last sell?

18 Mar 2022, for AED 1,036,888 (off-plan). It has 1 registered sale.

What rent can unit 1013 make?

A 1 bed in Palace Residences rents for about AED 115,000 a year (median asking rent). That is a gross yield of 5.8% on the estimate.

Sales alert for Palace ResidencesAll sales in Palace Residences

Unit 1011 · Unit 1015