Unit 108, Palace Residences: what it sold for and what it is worth now

Unit 108 at Palace Residences is a 2 bed of 1,191 sq ft. It last sold for AED 2,900,000 on 17 May 2024. At AED 2,864 per sq ft, from 6 sales of units ending 08 (same position in the tower), it is worth about AED 3,411,000 today.

Value todayAED 3,411,000AED 3,346,000 to AED 3,575,000
Last saleAED 2,900,00017 May 2024 · Resale
Change since last sale+17.6%Building trend alone: AED 3,302,778
Rent (median asking, 2 bed)AED 165,000Gross yield 4.8%
Bedrooms2 bed
Size1,191 sq ft
Floor1 (from the unit number)
Position in the towerStack 08: units ending 08 share the same layout and view
BuildingPalace Residences by Emaar Properties, handed over 2022
Registered sales of this unit4

Every registered sale of unit 108

DatePriceSizeAED/sq ftType
17 May 2024AED 2,900,0001,191 sq ft2,435Resale
31 Aug 2023AED 2,490,0001,191 sq ft2,091Resale
10 May 2023AED 2,075,0001,191 sq ft1,742Off-plan
12 May 2022AED 1,875,8881,191 sq ft1,575Off-plan

Units ending 08 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
26087 Aug 2026AED 3,350,0001,187 sq ft2,822Resale
27085 Dec 2025AED 3,600,0001,187 sq ft3,033Resale
210828 Aug 2025AED 3,673,0001,187 sq ft3,094Resale
40820 Mar 2025AED 3,450,0001,187 sq ft2,906Resale
27089 Dec 2024AED 3,300,0001,187 sq ft2,780Resale
100828 Nov 2024AED 3,330,0001,187 sq ft2,805Resale
28089 Sep 2024AED 3,250,0001,187 sq ft2,738Resale
210819 Jun 2024AED 3,200,0001,187 sq ft2,696Resale

Latest 2 bed sales in Palace Residences

UnitDatePriceSizeAED/sq ftType
9071 Oct 2026AED 3,850,0001,187 sq ft3,243Resale
20622 Sep 2026AED 3,100,0001,104 sq ft2,808Resale
26087 Aug 2026AED 3,350,0001,187 sq ft2,822Resale
30055 Jun 2026AED 3,000,0001,095 sq ft2,740Resale
351414 May 2026AED 3,000,0001,101 sq ft2,725Resale
370626 Mar 2026AED 3,650,0001,104 sq ft3,306Resale
340616 Feb 2026AED 3,450,0001,104 sq ft3,125Resale
230311 Feb 2026AED 3,000,0001,098 sq ft2,732Resale

How we worked out the value

We took the 6 resale sales of units ending 08 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,864). We multiplied it by the size of this unit (1,191 sq ft). The range uses the middle half of those sales (AED 2,810 to AED 3,001 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 3,302,778. 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 108 at Palace Residences worth?

About AED 3,411,000 (range AED 3,346,000 to AED 3,575,000), based on AED 2,864 per sq ft from registered sales up to 14 Oct 2026.

When did unit 108 last sell?

17 May 2024, for AED 2,900,000 (resale). It has 4 registered sales.

What rent can unit 108 make?

A 2 bed in Palace Residences rents for about AED 165,000 a year (median asking rent). That is a gross yield of 4.8% on the estimate.

Sales alert for Palace ResidencesAll sales in Palace Residences

Unit 107 · Unit 109