AED 2,500,000
Hot Investor Deal | Branded 2BR | Handover 2028
Palace Residences 1 · 2 bed · 2 bath · 1,206 sqft
Median sale price
AED 2.65M
14 sales · the last 12 months
Median per sq ft
AED 2,387
+2.4% on the year before
Last recorded sale
August 2026
Registered at the DLD
Sales on record
309
Since 2024
The recorded market
Price per square foot, by year
The median of every sale registered at the Dubai Land Department here. Not asking prices.
2,382
2,387
2,384
202420252026
The low was 2024 at AED 2,382 a square foot, and it has recovered 0% since. It is still 0% below its 2025 peak.
What sells here
By size
Registered sales in the last three years. Sizes are the registered floor area.
| Layout | Typical size | Median price | Per sq ft | Sales |
|---|---|---|---|---|
| 1 B/R | 751 sqft | 1,797,888 | 2,395 | 126 |
| 2 B/R | 1,169 sqft | 2,723,888 | 2,322 | 141 |
| 3 B/R | 1,543 sqft | 3,848,746 | 2,485 | 42 |
Layouts that have sold fewer than five times in three years are left out — too few to quote a median, so we do not guess at one.
Every sale, as registered
Recent sales in Palace Residences 1
The last transfers recorded at the Dubai Land Department, newest first.
| Date | Layout | Size | Price | Per sq ft |
|---|---|---|---|---|
| 11 Aug 2026 | 2 B/R | 1,219 | 2,300,000 | 1,886 |
| 1 Jul 2026 | 2 B/R | 1,208 | 2,691,888 | 2,228 |
| 22 May 2026 | 1 B/R | 747 | 1,766,888 | 2,365 |
| 27 Apr 2026 | 2 B/R | 1,124 | 2,640,000 | 2,350 |
| 21 Apr 2026 | 1 B/R | 747 | 1,781,888 | 2,384 |
| 15 Apr 2026 | 1 B/R | 747 | 1,805,888 | 2,416 |
| 24 Feb 2026 | 2 B/R | 1,114 | 2,840,000 | 2,548 |
| 19 Feb 2026 | 2 B/R | 1,119 | 2,850,000 | 2,548 |
| 18 Feb 2026 | 2 B/R | 1,114 | 2,757,966 | 2,475 |
| 28 Oct 2025 | 2 B/R | 1,169 | 2,769,888 | 2,369 |
| 25 Sept 2025 | 1 B/R | 747 | 1,788,888 | 2,393 |
| 24 Sept 2025 | 2 B/R | 1,114 | 2,660,000 | 2,387 |
How often it trades
Sales per year
Off-plan sales dominate a building’s first years; resales take over after handover.Off-planResale
293
7
9
202420252026
Of the 309 sales on record, 309 were bought off-plan from the developer and 0 were resales of a finished home. The 2026 bar is part-year.
Where these numbers come from. Every figure on this page is drawn from the Dubai Land Department’s transaction register, read directly from the Dubai Data Exchange. It is what buyers actually paid, recorded at transfer — not asking prices, not valuations, not our own estimates. Mortgage registrations, gift transfers, rent-to-own contracts and developers’ own filings are all excluded; none of them is a price a buyer paid. Medians are used rather than averages so one unusual sale cannot move the number. Data through 2 Sept 2026.