Unit 314, Palace Residences: what it sold for and what it is worth now

Unit 314 at Palace Residences is a 1 bed of 713 sq ft. It last sold for AED 1,250,000 on 17 Apr 2023. At AED 2,779 per sq ft, from 4 sales of units ending 14 (same position in the tower), it is worth about AED 1,981,000 today.

Value todayAED 1,981,000AED 1,942,000 to AED 2,030,000
Last saleAED 1,250,00017 Apr 2023 · Off-plan
Change since last sale+58.5%Building trend alone: AED 1,750,420
Rent (median asking, 1 bed)AED 115,000Gross yield 5.8%
Bedrooms1 bed
Size713 sq ft
Floor3 (from the unit number)
Position in the towerStack 14: units ending 14 share the same layout and view
BuildingPalace Residences by Emaar Properties, handed over 2022
Registered sales of this unit1

Every registered sale of unit 314

DatePriceSizeAED/sq ftType
17 Apr 2023AED 1,250,000713 sq ft1,753Off-plan

Units ending 14 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
351414 May 2026AED 3,000,0001,101 sq ft2,725Resale
111420 Jan 2026AED 2,060,000713 sq ft2,889Resale
1143 Sep 2025AED 2,020,000713 sq ft2,833Resale
181418 Jun 2025AED 1,940,000713 sq ft2,721Resale
29143 Sep 2024AED 2,800,0001,101 sq ft2,543Resale
71410 Jun 2024AED 1,600,000713 sq ft2,244Resale
27144 Jun 2024AED 2,774,7971,101 sq ft2,520Resale
321425 Apr 2024AED 2,980,0001,101 sq ft2,707Resale

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 4 resale sales of units ending 14 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,779). We multiplied it by the size of this unit (713 sq ft). The range uses the middle half of those sales (AED 2,724 to AED 2,847 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,750,420. 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 314 at Palace Residences worth?

About AED 1,981,000 (range AED 1,942,000 to AED 2,030,000), based on AED 2,779 per sq ft from registered sales up to 14 Oct 2026.

When did unit 314 last sell?

17 Apr 2023, for AED 1,250,000 (off-plan). It has 1 registered sale.

What rent can unit 314 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 313 · Unit 401