Unit 3206, Palace Residences: what it sold for and what it is worth now

Unit 3206 at Palace Residences is a 2 bed of 1,104 sq ft. It last sold for AED 1,985,888 on 30 Mar 2022. At AED 3,057 per sq ft, from 8 sales of units ending 06 (same position in the tower), it is worth about AED 3,375,000 today.

Value todayAED 3,375,000AED 3,300,000 to AED 3,413,000
Last saleAED 1,985,88830 Mar 2022 · Off-plan
Change since last sale+69.9% 
Rent (median asking, 2 bed)AED 165,000Gross yield 4.9%
Bedrooms2 bed
Size1,104 sq ft
Floor32 (from the unit number)
Position in the towerStack 06: units ending 06 share the same layout and view
BuildingPalace Residences by Emaar Properties, handed over 2022
Registered sales of this unit1

Every registered sale of unit 3206

DatePriceSizeAED/sq ftType
30 Mar 2022AED 1,985,8881,104 sq ft1,799Off-plan

Units ending 06 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
20622 Sep 2026AED 3,100,0001,104 sq ft2,808Resale
370626 Mar 2026AED 3,650,0001,104 sq ft3,306Resale
340616 Feb 2026AED 3,450,0001,104 sq ft3,125Resale
9064 Nov 2025AED 3,400,0001,104 sq ft3,080Resale
240620 Feb 2025AED 3,300,0001,104 sq ft2,989Resale
270619 Jan 2025AED 3,400,0001,104 sq ft3,080Resale
310613 Nov 2024AED 3,300,0001,104 sq ft2,989Resale
390629 Oct 2024AED 3,350,0001,104 sq ft3,034Resale

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 8 resale sales of units ending 06 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 3,057). We multiplied it by the size of this unit (1,104 sq ft). The range uses the middle half of those sales (AED 2,989 to AED 3,091 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 3206 at Palace Residences worth?

About AED 3,375,000 (range AED 3,300,000 to AED 3,413,000), based on AED 3,057 per sq ft from registered sales up to 14 Oct 2026.

When did unit 3206 last sell?

30 Mar 2022, for AED 1,985,888 (off-plan). It has 1 registered sale.

What rent can unit 3206 make?

A 2 bed in Palace Residences rents for about AED 165,000 a year (median asking rent). That is a gross yield of 4.9% on the estimate.

Sales alert for Palace ResidencesAll sales in Palace Residences

Unit 3205 · Unit 3207