Unit 4007 at Palace Residences is a 1 bed of 700 sq ft. It last sold for AED 2,200,000 on 1 Mar 2024. At AED 2,906 per sq ft, from 6 sales of units ending 07 (same position in the tower), it is worth about AED 2,035,000 today.
| Bedrooms | 1 bed |
|---|---|
| Size | 700 sq ft |
| Floor | 40 (from the unit number) |
| Position in the tower | Stack 07: units ending 07 share the same layout and view |
| Building | Palace Residences by Emaar Properties, handed over 2022 |
| Registered sales of this unit | 3 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 1 Mar 2024 | AED 2,200,000 | 700 sq ft | 3,143 | Resale |
| 3 Mar 2023 | AED 1,580,000 | 700 sq ft | 2,257 | Off-plan |
| 20 Sep 2021 | AED 1,447,888 | 700 sq ft | 2,068 | Off-plan |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 907 | 1 Oct 2026 | AED 3,850,000 | 1,187 sq ft | 3,243 | Resale |
| 2207 | 30 May 2025 | AED 3,300,000 | 1,187 sq ft | 2,780 | Resale |
| 1107 | 26 Feb 2025 | AED 3,450,000 | 1,187 sq ft | 2,906 | Resale |
| 3007 | 29 Jan 2025 | AED 3,425,000 | 1,187 sq ft | 2,885 | Resale |
| 3807 | 8 Jan 2025 | AED 3,450,000 | 1,187 sq ft | 2,906 | Resale |
| 2607 | 23 Dec 2024 | AED 3,470,000 | 1,187 sq ft | 2,923 | Resale |
| 3507 | 29 Aug 2024 | AED 3,350,000 | 1,187 sq ft | 2,822 | Resale |
| 2507 | 10 Jul 2024 | AED 3,250,000 | 1,187 sq ft | 2,738 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 3112 | 14 Oct 2026 | AED 1,800,000 | 702 sq ft | 2,564 | Resale |
| 3002 | 11 May 2026 | AED 2,200,000 | 700 sq ft | 3,143 | Resale |
| 2609 | 5 May 2026 | AED 2,330,000 | 700 sq ft | 3,329 | Resale |
| 2912 | 16 Apr 2026 | AED 2,000,000 | 702 sq ft | 2,849 | Resale |
| 1712 | 27 Feb 2026 | AED 2,075,000 | 702 sq ft | 2,956 | Resale |
| 1209 | 26 Feb 2026 | AED 2,150,000 | 700 sq ft | 3,071 | Resale |
| 912 | 16 Feb 2026 | AED 2,200,000 | 702 sq ft | 3,134 | Resale |
| 3809 | 3 Feb 2026 | AED 2,350,000 | 700 sq ft | 3,357 | Resale |
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 (700 sq ft). The range uses the middle half of those sales (AED 2,891 to AED 2,919 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 2,601,513. Floor, view, condition and upgrades can move the price either way. Sales data to 14 Oct 2026, from the Dubai Land Department register.
About AED 2,035,000 (range AED 2,023,000 to AED 2,043,000), based on AED 2,906 per sq ft from registered sales up to 14 Oct 2026.
1 Mar 2024, for AED 2,200,000 (resale). It has 3 registered sales.
A 1 bed in Palace Residences rents for about AED 115,000 a year (median asking rent). That is a gross yield of 5.7% on the estimate.
Sales alert for Palace ResidencesAll sales in Palace Residences