Unit 903, Palace Residences: what it sold for and what it is worth now

Unit 903 at Palace Residences is a 2 bed of 1,098 sq ft. It last sold for AED 2,683,151 on 2 Jul 2024. At AED 2,709 per sq ft, from 6 sales of units ending 03 (same position in the tower), it is worth about AED 2,975,000 today.

Value todayAED 2,975,000AED 2,838,000 to AED 3,049,000
Last saleAED 2,683,1512 Jul 2024 · Resale
Change since last sale+10.9%Building trend alone: AED 3,040,257
Rent (median asking, 2 bed)AED 165,000Gross yield 5.5%
Bedrooms2 bed
Size1,098 sq ft
Floor9 (from the unit number)
Position in the towerStack 03: units ending 03 share the same layout and view
BuildingPalace Residences by Emaar Properties, handed over 2022
Registered sales of this unit4

Every registered sale of unit 903

DatePriceSizeAED/sq ftType
2 Jul 2024AED 2,683,1511,098 sq ft2,444Resale
20 Sep 2023AED 2,350,0001,098 sq ft2,140Resale
19 May 2023AED 1,840,0001,098 sq ft1,676Off-plan
6 Jul 2020AED 1,407,8881,098 sq ft1,282Off-plan

Units ending 03 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
230311 Feb 2026AED 3,000,0001,098 sq ft2,732Resale
230327 Nov 2025AED 2,700,0001,098 sq ft2,459Resale
350323 May 2025AED 3,065,0001,098 sq ft2,791Resale
420313 May 2025AED 3,500,0001,098 sq ft3,188Resale
270319 Feb 2025AED 2,950,0001,098 sq ft2,687Resale
2035 Feb 2025AED 2,800,0001,098 sq ft2,550Resale
60310 Oct 2024AED 3,250,0001,098 sq ft2,960Resale
1034 Sep 2024AED 2,600,0001,099 sq ft2,366Resale

Latest 2 bed sales in Palace Residences

UnitDatePriceSizeAED/sq ftType
9071 Oct 2026AED 3,850,0001,187 sq ft3,243Resale
20622 Sep 2026AED 3,100,0001,104 sq ft2,808Resale
26087 Aug 2026AED 3,350,0001,187 sq ft2,822Resale
30055 Jun 2026AED 3,000,0001,095 sq ft2,740Resale
351414 May 2026AED 3,000,0001,101 sq ft2,725Resale
370626 Mar 2026AED 3,650,0001,104 sq ft3,306Resale
340616 Feb 2026AED 3,450,0001,104 sq ft3,125Resale
230311 Feb 2026AED 3,000,0001,098 sq ft2,732Resale

How we worked out the value

We took the 6 resale sales of units ending 03 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,709). We multiplied it by the size of this unit (1,098 sq ft). The range uses the middle half of those sales (AED 2,584 to AED 2,777 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 3,040,257. 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 903 at Palace Residences worth?

About AED 2,975,000 (range AED 2,838,000 to AED 3,049,000), based on AED 2,709 per sq ft from registered sales up to 14 Oct 2026.

When did unit 903 last sell?

2 Jul 2024, for AED 2,683,151 (resale). It has 4 registered sales.

What rent can unit 903 make?

A 2 bed in Palace Residences rents for about AED 165,000 a year (median asking rent). That is a gross yield of 5.5% on the estimate.

Sales alert for Palace ResidencesAll sales in Palace Residences

Unit 902 · Unit 904