Unit 4205, Palace Residences: what it sold for and what it is worth now

Unit 4205 at Palace Residences is a 4 bed of 2,363 sq ft. It last sold for AED 4,600,000 on 5 Oct 2022. At AED 3,037 per sq ft, from 8 sales of units ending 05 (same position in the tower), it is worth about AED 7,175,000 today.

Value todayAED 7,175,000AED 5,988,000 to AED 7,739,000
Last saleAED 4,600,0005 Oct 2022 · Off-plan
Change since last sale+56.0% 
Rent (median asking, 4 bed)AED 475,000Gross yield 6.6%
Bedrooms4 bed
Size2,363 sq ft
Floor42 (from the unit number)
Position in the towerStack 05: units ending 05 share the same layout and view
BuildingPalace Residences by Emaar Properties, handed over 2022
Registered sales of this unit2

Every registered sale of unit 4205

DatePriceSizeAED/sq ftType
5 Oct 2022AED 4,600,0002,363 sq ft1,947Off-plan
24 Nov 2021AED 4,338,8882,363 sq ft1,836Off-plan

Units ending 05 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
30055 Jun 2026AED 3,000,0001,095 sq ft2,740Resale
40523 Dec 2025AED 2,100,0001,095 sq ft1,918Resale
210518 Sep 2025AED 3,500,0001,095 sq ft3,196Resale
280512 Sep 2025AED 3,695,0001,095 sq ft3,374Resale
70524 Jun 2025AED 3,150,0001,095 sq ft2,877Resale
220529 May 2025AED 3,550,0001,095 sq ft3,242Resale
240512 May 2025AED 4,180,0001,095 sq ft3,817Resale
4055 Feb 2025AED 2,090,8881,095 sq ft1,909Resale

Latest 4 bed sales in Palace Residences

UnitDatePriceSizeAED/sq ftType
410613 Aug 2024AED 8,000,0002,372 sq ft3,373Resale
43066 Jun 2024AED 7,850,0002,372 sq ft3,309Resale
410530 Apr 2024AED 5,700,0002,363 sq ft2,412Resale
41064 Oct 2023AED 6,050,0002,372 sq ft2,551Resale
43065 Sep 2023AED 4,352,8882,372 sq ft1,835Resale
42061 Aug 2023AED 5,300,0002,372 sq ft2,234Off-plan
410514 Apr 2022AED 4,640,8882,363 sq ft1,964Off-plan
43058 Mar 2022AED 4,656,8882,363 sq ft1,971Off-plan

How we worked out the value

We took the 8 resale sales of units ending 05 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 3,037). We multiplied it by the size of this unit (2,363 sq ft). The range uses the middle half of those sales (AED 2,534 to AED 3,275 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 4205 at Palace Residences worth?

About AED 7,175,000 (range AED 5,988,000 to AED 7,739,000), based on AED 3,037 per sq ft from registered sales up to 14 Oct 2026.

When did unit 4205 last sell?

5 Oct 2022, for AED 4,600,000 (off-plan). It has 2 registered sales.

What rent can unit 4205 make?

A 4 bed in Palace Residences rents for about AED 475,000 a year (median asking rent). That is a gross yield of 6.6% on the estimate.

Sales alert for Palace ResidencesAll sales in Palace Residences

Unit 4204 · Unit 4206