Unit 4306, Palace Residences: what it sold for and what it is worth now

Unit 4306 at Palace Residences is a 4 bed of 2,372 sq ft. It last sold for AED 7,850,000 on 6 Jun 2024. At AED 3,057 per sq ft, from 8 sales of units ending 06 (same position in the tower), it is worth about AED 7,251,000 today.

Value todayAED 7,251,000AED 7,090,000 to AED 7,332,000
Last saleAED 7,850,0006 Jun 2024 · Resale
Change since last sale-7.6%Building trend alone: AED 8,912,746
Rent (median asking, 4 bed)AED 475,000Gross yield 6.6%
Bedrooms4 bed
Size2,372 sq ft
Floor43 (from the unit number)
Position in the towerStack 06: units ending 06 share the same layout and view
BuildingPalace Residences by Emaar Properties, handed over 2022
Registered sales of this unit3

Every registered sale of unit 4306

DatePriceSizeAED/sq ftType
6 Jun 2024AED 7,850,0002,372 sq ft3,309Resale
5 Sep 2023AED 4,352,8882,372 sq ft1,835Resale
24 Nov 2021AED 4,352,8882,372 sq ft1,835Off-plan

Units ending 06 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
20622 Sep 2026AED 3,100,0001,104 sq ft2,808Resale
370626 Mar 2026AED 3,650,0001,104 sq ft3,306Resale
340616 Feb 2026AED 3,450,0001,104 sq ft3,125Resale
9064 Nov 2025AED 3,400,0001,104 sq ft3,080Resale
240620 Feb 2025AED 3,300,0001,104 sq ft2,989Resale
270619 Jan 2025AED 3,400,0001,104 sq ft3,080Resale
310613 Nov 2024AED 3,300,0001,104 sq ft2,989Resale
390629 Oct 2024AED 3,350,0001,104 sq ft3,034Resale

Latest 4 bed sales in Palace Residences

UnitDatePriceSizeAED/sq ftType
410613 Aug 2024AED 8,000,0002,372 sq ft3,373Resale
410530 Apr 2024AED 5,700,0002,363 sq ft2,412Resale
41064 Oct 2023AED 6,050,0002,372 sq ft2,551Resale
42061 Aug 2023AED 5,300,0002,372 sq ft2,234Off-plan
42055 Oct 2022AED 4,600,0002,363 sq ft1,947Off-plan
410514 Apr 2022AED 4,640,8882,363 sq ft1,964Off-plan
43058 Mar 2022AED 4,656,8882,363 sq ft1,971Off-plan
42061 Feb 2022AED 4,662,8882,372 sq ft1,966Off-plan

How we worked out the value

We took the 8 resale sales of units ending 06 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 3,057). We multiplied it by the size of this unit (2,372 sq ft). The range uses the middle half of those sales (AED 2,989 to AED 3,091 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 8,912,746. 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 4306 at Palace Residences worth?

About AED 7,251,000 (range AED 7,090,000 to AED 7,332,000), based on AED 3,057 per sq ft from registered sales up to 14 Oct 2026.

When did unit 4306 last sell?

6 Jun 2024, for AED 7,850,000 (resale). It has 3 registered sales.

What rent can unit 4306 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 4305