Unit 802, Palace Residences: what it sold for and what it is worth now

Unit 802 at Palace Residences is a 1 bed of 699 sq ft. It last sold for AED 1,815,000 on 3 Jul 2025. At AED 2,597 per sq ft, from 7 sales of units ending 02 (same position in the tower), it is worth about AED 1,815,000 today.

Value todayAED 1,815,000AED 1,775,000 to AED 2,010,000
Last saleAED 1,815,0003 Jul 2025 · Resale
Change since last sale+0.0%Building trend alone: AED 1,861,669
Rent (median asking, 1 bed)AED 115,000Gross yield 6.3%
Bedrooms1 bed
Size699 sq ft
Floor8 (from the unit number)
Position in the towerStack 02: units ending 02 share the same layout and view
BuildingPalace Residences by Emaar Properties, handed over 2022
Registered sales of this unit1

Every registered sale of unit 802

DatePriceSizeAED/sq ftType
3 Jul 2025AED 1,815,000699 sq ft2,597Resale

Units ending 02 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
300211 May 2026AED 2,200,000700 sq ft3,143Resale
310224 Oct 2025AED 2,025,000700 sq ft2,893Resale
29026 Aug 2025AED 2,000,000700 sq ft2,857Resale
60217 Dec 2024AED 1,800,000699 sq ft2,575Resale
50219 Nov 2024AED 1,750,000699 sq ft2,504Resale
30218 Nov 2024AED 1,725,000699 sq ft2,468Resale
15029 Oct 2024AED 2,150,000699 sq ft3,076Resale
31023 Sep 2024AED 1,825,000700 sq ft2,607Resale

Latest 1 bed sales in Palace Residences

UnitDatePriceSizeAED/sq ftType
311214 Oct 2026AED 1,800,000702 sq ft2,564Resale
300211 May 2026AED 2,200,000700 sq ft3,143Resale
26095 May 2026AED 2,330,000700 sq ft3,329Resale
291216 Apr 2026AED 2,000,000702 sq ft2,849Resale
171227 Feb 2026AED 2,075,000702 sq ft2,956Resale
120926 Feb 2026AED 2,150,000700 sq ft3,071Resale
91216 Feb 2026AED 2,200,000702 sq ft3,134Resale
38093 Feb 2026AED 2,350,000700 sq ft3,357Resale

How we worked out the value

We took the 7 resale sales of units ending 02 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,597). We multiplied it by the size of this unit (699 sq ft). The range uses the middle half of those sales (AED 2,539 to AED 2,875 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,861,669. 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 802 at Palace Residences worth?

About AED 1,815,000 (range AED 1,775,000 to AED 2,010,000), based on AED 2,597 per sq ft from registered sales up to 14 Oct 2026.

When did unit 802 last sell?

3 Jul 2025, for AED 1,815,000 (resale). It has 1 registered sale.

What rent can unit 802 make?

A 1 bed in Palace Residences rents for about AED 115,000 a year (median asking rent). That is a gross yield of 6.3% on the estimate.

Sales alert for Palace ResidencesAll sales in Palace Residences

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