Unit 2112, Palace Residences: what it sold for and what it is worth now

Unit 2112 at Palace Residences is a 1 bed of 702 sq ft. It last sold for AED 1,880,000 on 19 Mar 2024. At AED 2,934 per sq ft, from 10 sales of units ending 12 (same position in the tower), it is worth about AED 2,060,000 today.

Value todayAED 2,060,000AED 2,000,000 to AED 2,083,000
Last saleAED 1,880,00019 Mar 2024 · Resale
Change since last sale+9.6%Building trend alone: AED 2,186,667
Rent (median asking, 1 bed)AED 115,000Gross yield 5.6%
Bedrooms1 bed
Size702 sq ft
Floor21 (from the unit number)
Position in the towerStack 12: units ending 12 share the same layout and view
BuildingPalace Residences by Emaar Properties, handed over 2022
Registered sales of this unit3

Every registered sale of unit 2112

DatePriceSizeAED/sq ftType
19 Mar 2024AED 1,880,000702 sq ft2,678Resale
16 Nov 2021AED 925,000702 sq ft1,318Off-plan
15 Oct 2020AED 1,061,888702 sq ft1,513Off-plan

Units ending 12 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
311214 Oct 2026AED 1,800,000702 sq ft2,564Resale
291216 Apr 2026AED 2,000,000702 sq ft2,849Resale
171227 Feb 2026AED 2,075,000702 sq ft2,956Resale
91216 Feb 2026AED 2,200,000702 sq ft3,134Resale
261229 Jan 2026AED 2,085,000702 sq ft2,970Resale
231220 Jan 2026AED 2,000,000702 sq ft2,849Resale
19129 Oct 2025AED 2,150,000702 sq ft3,063Resale
18124 Aug 2025AED 2,070,000702 sq ft2,949Resale

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 10 resale sales of units ending 12 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,934). We multiplied it by the size of this unit (702 sq ft). The range uses the middle half of those sales (AED 2,849 to AED 2,967 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 2,186,667. 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 2112 at Palace Residences worth?

About AED 2,060,000 (range AED 2,000,000 to AED 2,083,000), based on AED 2,934 per sq ft from registered sales up to 14 Oct 2026.

When did unit 2112 last sell?

19 Mar 2024, for AED 1,880,000 (resale). It has 3 registered sales.

What rent can unit 2112 make?

A 1 bed in Palace Residences rents for about AED 115,000 a year (median asking rent). That is a gross yield of 5.6% on the estimate.

Sales alert for Palace ResidencesAll sales in Palace Residences

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