Unit 708 at Palace Residences is a 2 bed of 1,187 sq ft. It last sold for AED 2,650,000 on 10 Nov 2023. At AED 2,864 per sq ft, from 6 sales of units ending 08 (same position in the tower), it is worth about AED 3,400,000 today.
| Bedrooms | 2 bed |
|---|---|
| Size | 1,187 sq ft |
| Floor | 7 (from the unit number) |
| Position in the tower | Stack 08: units ending 08 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 |
|---|---|---|---|---|
| 10 Nov 2023 | AED 2,650,000 | 1,187 sq ft | 2,233 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 2608 | 7 Aug 2026 | AED 3,350,000 | 1,187 sq ft | 2,822 | Resale |
| 2708 | 5 Dec 2025 | AED 3,600,000 | 1,187 sq ft | 3,033 | Resale |
| 2108 | 28 Aug 2025 | AED 3,673,000 | 1,187 sq ft | 3,094 | Resale |
| 408 | 20 Mar 2025 | AED 3,450,000 | 1,187 sq ft | 2,906 | Resale |
| 2708 | 9 Dec 2024 | AED 3,300,000 | 1,187 sq ft | 2,780 | Resale |
| 1008 | 28 Nov 2024 | AED 3,330,000 | 1,187 sq ft | 2,805 | Resale |
| 2808 | 9 Sep 2024 | AED 3,250,000 | 1,187 sq ft | 2,738 | Resale |
| 2108 | 19 Jun 2024 | AED 3,200,000 | 1,187 sq ft | 2,696 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 907 | 1 Oct 2026 | AED 3,850,000 | 1,187 sq ft | 3,243 | Resale |
| 206 | 22 Sep 2026 | AED 3,100,000 | 1,104 sq ft | 2,808 | Resale |
| 2608 | 7 Aug 2026 | AED 3,350,000 | 1,187 sq ft | 2,822 | Resale |
| 3005 | 5 Jun 2026 | AED 3,000,000 | 1,095 sq ft | 2,740 | Resale |
| 3514 | 14 May 2026 | AED 3,000,000 | 1,101 sq ft | 2,725 | Resale |
| 3706 | 26 Mar 2026 | AED 3,650,000 | 1,104 sq ft | 3,306 | Resale |
| 3406 | 16 Feb 2026 | AED 3,450,000 | 1,104 sq ft | 3,125 | Resale |
| 2303 | 11 Feb 2026 | AED 3,000,000 | 1,098 sq ft | 2,732 | Resale |
We took the 6 resale sales of units ending 08 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,864). We multiplied it by the size of this unit (1,187 sq ft). The range uses the middle half of those sales (AED 2,810 to AED 3,001 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 3,195,588. 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 3,400,000 (range AED 3,335,000 to AED 3,563,000), based on AED 2,864 per sq ft from registered sales up to 14 Oct 2026.
10 Nov 2023, for AED 2,650,000 (resale). It has 1 registered sale.
A 2 bed in Palace Residences rents for about AED 165,000 a year (median asking rent). That is a gross yield of 4.9% on the estimate.
Sales alert for Palace ResidencesAll sales in Palace Residences