Unit 409 at Palace Residences is a 1 bed of 700 sq ft. It last sold for AED 1,940,888 on 16 Aug 2023. At AED 3,143 per sq ft, from 11 sales of units ending 09 (same position in the tower), it is worth about AED 2,200,000 today.
| Bedrooms | 1 bed |
|---|---|
| Size | 700 sq ft |
| Floor | 4 (from the unit number) |
| Position in the tower | Stack 09: units ending 09 share the same layout and view |
| Building | Palace Residences by Emaar Properties, handed over 2022 |
| Registered sales of this unit | 1 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 16 Aug 2023 | AED 1,940,888 | 700 sq ft | 2,773 | Off-plan |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 2609 | 5 May 2026 | AED 2,330,000 | 700 sq ft | 3,329 | Resale |
| 1209 | 26 Feb 2026 | AED 2,150,000 | 700 sq ft | 3,071 | Resale |
| 3809 | 3 Feb 2026 | AED 2,350,000 | 700 sq ft | 3,357 | Resale |
| 3809 | 23 Jan 2026 | AED 2,350,000 | 700 sq ft | 3,357 | Resale |
| 1409 | 16 Jan 2026 | AED 2,200,000 | 700 sq ft | 3,143 | Resale |
| 4109 | 19 Aug 2025 | AED 5,000,000 | 1,779 sq ft | 2,811 | Resale |
| 1309 | 22 Apr 2025 | AED 2,300,000 | 700 sq ft | 3,286 | Resale |
| 109 | 3 Mar 2025 | AED 1,600,000 | 770 sq ft | 2,078 | 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 11 resale sales of units ending 09 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 3,143). We multiplied it by the size of this unit (700 sq ft). The range uses the middle half of those sales (AED 2,905 to AED 3,307 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 2,485,493. 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 2,200,000 (range AED 2,034,000 to AED 2,315,000), based on AED 3,143 per sq ft from registered sales up to 14 Oct 2026.
16 Aug 2023, for AED 1,940,888 (off-plan). It has 1 registered sale.
A 1 bed in Palace Residences rents for about AED 115,000 a year (median asking rent). That is a gross yield of 5.2% on the estimate.
Sales alert for Palace ResidencesAll sales in Palace Residences