Unit 2907, Palace Residences: what it sold for and what it is worth now

Unit 2907 at Palace Residences is a 2 bed of 1,187 sq ft. It last sold for AED 2,003,888 on 6 Jul 2020. At AED 2,906 per sq ft, from 6 sales of units ending 07 (same position in the tower), it is worth about AED 3,450,000 today.

Value todayAED 3,450,000AED 3,431,000 to AED 3,465,000
Last saleAED 2,003,8886 Jul 2020 · Off-plan
Change since last sale+72.2% 
Rent (median asking, 2 bed)AED 165,000Gross yield 4.8%
Bedrooms2 bed
Size1,187 sq ft
Floor29 (from the unit number)
Position in the towerStack 07: units ending 07 share the same layout and view
BuildingPalace Residences by Emaar Properties, handed over 2022
Registered sales of this unit1

Every registered sale of unit 2907

DatePriceSizeAED/sq ftType
6 Jul 2020AED 2,003,8881,187 sq ft1,688Off-plan

Units ending 07 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
9071 Oct 2026AED 3,850,0001,187 sq ft3,243Resale
220730 May 2025AED 3,300,0001,187 sq ft2,780Resale
110726 Feb 2025AED 3,450,0001,187 sq ft2,906Resale
300729 Jan 2025AED 3,425,0001,187 sq ft2,885Resale
38078 Jan 2025AED 3,450,0001,187 sq ft2,906Resale
260723 Dec 2024AED 3,470,0001,187 sq ft2,923Resale
350729 Aug 2024AED 3,350,0001,187 sq ft2,822Resale
250710 Jul 2024AED 3,250,0001,187 sq ft2,738Resale

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 07 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,906). We multiplied it by the size of this unit (1,187 sq ft). The range uses the middle half of those sales (AED 2,891 to AED 2,919 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 2907 at Palace Residences worth?

About AED 3,450,000 (range AED 3,431,000 to AED 3,465,000), based on AED 2,906 per sq ft from registered sales up to 14 Oct 2026.

When did unit 2907 last sell?

6 Jul 2020, for AED 2,003,888 (off-plan). It has 1 registered sale.

What rent can unit 2907 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 2906 · Unit 2908