Unit 3412, Palace Residences: what it sold for and what it is worth now

Unit 3412 at Palace Residences is a 1 bed of 702 sq ft. It last sold for AED 1,127,000 on 14 Nov 2022. 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 1,127,00014 Nov 2022 · Off-plan
Change since last sale+82.8% 
Rent (median asking, 1 bed)AED 115,000Gross yield 5.6%
Bedrooms1 bed
Size702 sq ft
Floor34 (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 unit1

Every registered sale of unit 3412

DatePriceSizeAED/sq ftType
14 Nov 2022AED 1,127,000702 sq ft1,605Off-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). 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 3412 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 3412 last sell?

14 Nov 2022, for AED 1,127,000 (off-plan). It has 1 registered sale.

What rent can unit 3412 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

Unit 3411 · Unit 3413