Palace Residences 1

Under Construction · Date not reported|293 units · 1 tower

Palace Residences 1 is an under-construction development by EMAAR in Dubai Hills Estate, comprising 293 registered units. 309 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,209 per sqft. At AED 2,209 per sqft, Palace Residences 1 prices 8% below the Dubai Hills Estate median of AED 2,399 per sqft on registered sales.

PIX© price · ↓7.3% YoY

2.33MAED

Typical

2,209AED

PSF

Gross yield

Awaiting handover

PIX© rent ÷ PIX© price

Sale records

309

DLD · all time

Rent contracts

Awaiting handover

Ejari · all time

SATELLITE

LocationDubai Hills Estate

Drive times · typical

Downtown Dubai17 min · 11.8 km

DXB Airport11 min · 8.1 km

DIFC21 min · 14.2 km

Dubai Marina32 min · 31.5 km

Palm Jumeirah32 min · 33.8 km

Nearest · straight-line

Metro stationCreek Metro Station1.9 km

MallDubai Square Mall ドバイスクエアモール1.3 km

SchoolBlossom Creek Harbour0.2 km

HospitalMilyne aesthetic center0.4 km

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Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 9

…

2 Bed on Floor 9, Palace Residences 1

Size
Record: Jul 2024 to Aug 2026
Owners: 2
Tenants: 0
Price change
Yield on cost

Sale price by owner

Party	Date	Price / RentAED	PSF	vs prior	Held	Note
2Owner 2	11 Aug 2026				37 d	Current owner
1Owner 1	15 Jul 2024				2.1 yrs

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Your nightly rate and occupancy, against this unit’s registered record.

2 Bed · Floor 9 · Palace Residences 1

Nightly rateAED

Occupancy (237 nights)

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Palace Residences 12,209AED/sqft · project-wide

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

Type	Units	PIX© Price	PIX© PSF	PSF YoY
PIX© Core Project-Wide 743 - 1,820 sqft	293	2.33M	2,209	↓7.3%
1 Bed · Apartment 743 - 866 sqft	120
2 Bed · Apartment 1,114 - 1,365 sqft	132
3 Bed · Apartment 1,488 - 1,820 sqft	41

No rental contracts registered - the project has not handed over.

Sales - Project-Wide309 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
11 Aug 2026	2 Bed	Palace Residences 1 · Floor 9	1,219	2,300,000	1,886	-13.1%	Entry Level	Off-Plan Sale
1 Jul 2026	2 Bed	Palace Residences 1 · Floor 19	1,208	2,691,888	2,228	0.0%	Entry Level	Off-Plan Sale
21 May 2026	1 Bed	Palace Residences 1 · Floor 1	747	1,766,888	2,365	0.0%	Standard	Off-Plan Sale

Rentals - Project-Wide

PIX© rent analysis

No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

This project

Palace Residences 1

Compared with

Club Drive Tower B

PIX© PSF

2,395

Rank

#30 of 57

#29 of 57

Typical price

2.47M

Yield

—

Units

293

280

Sales

309

291

Rents

—

Developer

EMAAR

Handover

U/C

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Vida Residences EMAAR · Completed · Off-plan pricing	251					234	—
	Ellington House 4 EH4 DEVELOPMENT L.L.C · U/C · Off-plan pricing	110					111	—
	Palace Residences at Hills Estate EMAAR · U/C · Off-plan pricing	962					1,012	—
	Greenside Residence Tower A EMAAR · U/C · Off-plan pricing	329					375	—
	Club Drive Tower B EMAAR · U/C · Off-plan pricing	280					291	—
30	Palace Residences 1 EMAAR · U/C · Off-plan pricing	293	2,395	Subject	2.47M	—	309	—
	Greenside Residence EMAAR · U/C · Off-plan pricing	490					543	—
	Elvira 2 EMAAR · Completed · Off-plan pricing	461					547	3
	Rosehill Block B EMAAR · U/C · Off-plan pricing	353					347	—
	Park Lane 2B EMAAR · U/C · Off-plan pricing	144					149	—
	Golf Hillside EMAAR · U/C · Off-plan pricing	185					189	—

Community median 2,399 AED/sqft. Showing the closest-ranked peers of 57 ranked projects in the community. 7 community projects excluded for insufficient recorded sales. 25 excluded for trading only in the ready market. 3 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Dubai Hills Estate

The closest-priced registered projects in Dubai Hills Estate.

Greenside Residence Tower BAED 2,199/sqft
Park Lane 1BAED 2,195/sqft
Parkside HillsAED 2,194/sqft
Park Lane 1AAED 2,191/sqft
Golf GrandAED 2,242/sqft
Park Lane 2AAED 2,171/sqft

Common questions about Palace Residences 1

Answered from Dubai Land Department registered transactions.

How much does a property in Palace Residences 1 cost?

Property in Palace Residences 1 sells at a current PIX© price of AED 2,209 per sqft, or about AED 2,334,574 for a typical unit, based on 309 sales registered with the Dubai Land Department.

When is Palace Residences 1 handing over?

Palace Residences 1 is under construction in the Dubai Land Department project register. No handover date is on record.

Who is the developer of Palace Residences 1?

Palace Residences 1 is developed by EMAAR, the developer recorded against the project in the Dubai Land Department register.

How many units are in Palace Residences 1?

Palace Residences 1 holds 293 registered units, per the Dubai Land Department unit register.

Have prices in Palace Residences 1 gone up or down?

Price per sqft has fallen -7.3% over the last 12 months, to AED 2,209, across 309 registered sales.