Unit 4011, Palace Residences: what it sold for and what it is worth now

Unit 4011 at Palace Residences is a 2 bed of 1,089 sq ft. It last sold for AED 2,009,888 on 15 Sep 2022. At AED 2,698 per sq ft, from 7 sales of units ending 11 (same position in the tower), it is worth about AED 2,938,000 today.

Value todayAED 2,938,000AED 2,678,000 to AED 3,025,000
Last saleAED 2,009,88815 Sep 2022 · Off-plan
Change since last sale+46.2% 
Rent (median asking, 2 bed)AED 165,000Gross yield 5.6%
Bedrooms2 bed
Size1,089 sq ft
Floor40 (from the unit number)
Position in the towerStack 11: units ending 11 share the same layout and view
BuildingPalace Residences by Emaar Properties, handed over 2022
Registered sales of this unit2

Every registered sale of unit 4011

DatePriceSizeAED/sq ftType
15 Sep 2022AED 2,009,8881,089 sq ft1,846Off-plan
4 Feb 2020AED 1,487,8881,089 sq ft1,366Off-plan

Units ending 11 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
1111 May 2026AED 4,150,0001,784 sq ft2,326Resale
38113 Mar 2026AED 5,550,0001,779 sq ft3,120Resale
28112 Jul 2025AED 4,900,0001,779 sq ft2,754Resale
181117 Mar 2025AED 4,400,0001,779 sq ft2,473Resale
171111 Feb 2025AED 4,800,0001,779 sq ft2,698Resale
291116 Jan 2025AED 4,350,0001,779 sq ft2,445Resale
411131 Oct 2024AED 3,050,0001,089 sq ft2,801Resale
19119 Jul 2024AED 4,485,0001,779 sq ft2,521Resale

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 7 resale sales of units ending 11 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,698). We multiplied it by the size of this unit (1,089 sq ft). The range uses the middle half of those sales (AED 2,459 to AED 2,778 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 4011 at Palace Residences worth?

About AED 2,938,000 (range AED 2,678,000 to AED 3,025,000), based on AED 2,698 per sq ft from registered sales up to 14 Oct 2026.

When did unit 4011 last sell?

15 Sep 2022, for AED 2,009,888 (off-plan). It has 2 registered sales.

What rent can unit 4011 make?

A 2 bed in Palace Residences rents for about AED 165,000 a year (median asking rent). That is a gross yield of 5.6% on the estimate.

Sales alert for Palace ResidencesAll sales in Palace Residences

Unit 4009 · Unit 4012