Unit 501 at Palace Residences is a 1 bed of 705 sq ft. It last sold for AED 1,022,888 on 6 Jul 2020. At AED 2,695 per sq ft, from 5 sales of units ending 01 (same position in the tower), it is worth about AED 1,900,000 today.
| Bedrooms | 1 bed |
|---|---|
| Size | 705 sq ft |
| Floor | 5 (from the unit number) |
| Position in the tower | Stack 01: units ending 01 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 |
|---|---|---|---|---|
| 6 Jul 2020 | AED 1,022,888 | 705 sq ft | 1,451 | Off-plan |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 1401 | 21 Jan 2026 | AED 2,050,000 | 705 sq ft | 2,908 | Resale |
| 3101 | 4 Aug 2025 | AED 1,900,000 | 705 sq ft | 2,695 | Resale |
| 1901 | 21 Jan 2025 | AED 1,805,000 | 705 sq ft | 2,560 | Resale |
| 2201 | 10 Dec 2024 | AED 1,600,000 | 705 sq ft | 2,270 | Resale |
| 4101 | 25 Oct 2024 | AED 1,950,000 | 705 sq ft | 2,766 | Resale |
| 3001 | 3 Oct 2024 | AED 1,840,000 | 705 sq ft | 2,610 | Resale |
| 2601 | 1 Oct 2024 | AED 1,900,000 | 705 sq ft | 2,695 | Resale |
| 601 | 18 Sep 2024 | AED 1,650,000 | 705 sq ft | 2,340 | 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 5 resale sales of units ending 01 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,695). We multiplied it by the size of this unit (705 sq ft). The range uses the middle half of those sales (AED 2,560 to AED 2,766 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.
About AED 1,900,000 (range AED 1,805,000 to AED 1,950,000), based on AED 2,695 per sq ft from registered sales up to 14 Oct 2026.
6 Jul 2020, for AED 1,022,888 (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 6.1% on the estimate.
Sales alert for Palace ResidencesAll sales in Palace Residences