Unit 3503, Palace Residences: what it sold for and what it is worth now

Unit 3503 at Palace Residences is a 2 bed of 1,098 sq ft. It last sold for AED 3,065,000 on 23 May 2025. At AED 2,709 per sq ft, from 6 sales of units ending 03 (same position in the tower), it is worth about AED 2,975,000 today.

Value todayAED 2,975,000AED 2,838,000 to AED 3,049,000
Last saleAED 3,065,00023 May 2025 · Resale
Change since last sale-2.9%Building trend alone: AED 3,176,887
Rent (median asking, 2 bed)AED 165,000Gross yield 5.5%
Bedrooms2 bed
Size1,098 sq ft
Floor35 (from the unit number)
Position in the towerStack 03: units ending 03 share the same layout and view
BuildingPalace Residences by Emaar Properties, handed over 2022
Registered sales of this unit2

Every registered sale of unit 3503

DatePriceSizeAED/sq ftType
23 May 2025AED 3,065,0001,098 sq ft2,791Resale
19 Dec 2023AED 2,600,0001,098 sq ft2,368Resale

Units ending 03 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
230311 Feb 2026AED 3,000,0001,098 sq ft2,732Resale
230327 Nov 2025AED 2,700,0001,098 sq ft2,459Resale
420313 May 2025AED 3,500,0001,098 sq ft3,188Resale
270319 Feb 2025AED 2,950,0001,098 sq ft2,687Resale
2035 Feb 2025AED 2,800,0001,098 sq ft2,550Resale
60310 Oct 2024AED 3,250,0001,098 sq ft2,960Resale
1034 Sep 2024AED 2,600,0001,099 sq ft2,366Resale
9032 Jul 2024AED 2,683,1511,098 sq ft2,444Resale

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 03 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,709). We multiplied it by the size of this unit (1,098 sq ft). The range uses the middle half of those sales (AED 2,584 to AED 2,777 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 3,176,887. 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 3503 at Palace Residences worth?

About AED 2,975,000 (range AED 2,838,000 to AED 3,049,000), based on AED 2,709 per sq ft from registered sales up to 14 Oct 2026.

When did unit 3503 last sell?

23 May 2025, for AED 3,065,000 (resale). It has 2 registered sales.

What rent can unit 3503 make?

A 2 bed in Palace Residences rents for about AED 165,000 a year (median asking rent). That is a gross yield of 5.5% on the estimate.

Sales alert for Palace ResidencesAll sales in Palace Residences

Unit 3502 · Unit 3504