Palace Residences 3

Under Construction · Date not reported|342 units · 1 tower

Palace Residences 3 is an under-construction development by EMAAR in Dubai Hills Estate, comprising 342 registered units. 362 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,140 per sqft. At AED 2,140 per sqft, Palace Residences 3 prices 11% below the Dubai Hills Estate median of AED 2,393 per sqft on registered sales.

PIX© price · ↓13.2% YoY

2.04MAED

Typical

2,140AED

PSF

Gross yield

Awaiting handover

PIX© rent ÷ PIX© price

Sale records

362

DLD · all time

Rent contracts

Awaiting handover

Ejari · all time

SATELLITE

LocationDubai Hills Estate

Drive times · typical

Downtown Dubai15 min · 12.9 km

DXB Airport19 min · 25.6 km

DIFC19 min · 16.9 km

Dubai Marina19 min · 15.0 km

Palm Jumeirah19 min · 17.3 km

Nearest · straight-line

Metro stationEquiti Metro Station4.5 km

MallSam Edelman0.5 km

SchoolBritish Orchard Nursery - Dubai Hills0.6 km

HospitalAmerican Hospital - Dubai Hills Clinic0.8 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 7

…

1 Bed on Floor 7, Palace Residences 3

Size
Record: Jul 2024 to Feb 2026
Owners: 3
Tenants: 0
Price change
Yield on cost

Sale price by owner

Party	Date	Held	Note
3Owner 3	6 Feb 2026	7 mo	Current owner
2Owner 2	17 Jun 2025	8 mo
1Owner 1	15 Jul 2024	11 mo

PIX© Airbnb Calculator

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

1 Bed · Floor 7 · Palace Residences 3

Nightly rateAED

Occupancy (237 nights)

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Palace Residences 32,140AED/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 738 - 1,544 sqft	342	2.04M	2,140	↓13.2%
1 Bed · Apartment 738 - 920 sqft	180
2 Bed · Apartment 1,106 - 1,511 sqft	123
3 Bed · Apartment 1,466 - 1,544 sqft	39

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

Sales - Project-Wide362 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
6 Aug 2026	2 Bed	Palace Residences 3 · Floor 13	1,208	2,666,888	2,208	0.0%	Standard	Off-Plan Sale
13 May 2026	1 Bed	Palace Residences 3 · Floor 1	744	1,760,888	2,366	0.0%	Entry Level	Off-Plan Sale
31 Mar 2026	1 Bed	Palace Residences 3 · Floor 13	751	2,071,888	2,758	-	Premium	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.

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare2 peers could not be placed

This project

Palace Residences 3

Compared with

Greenside Residence

PIX© PSF

2,353

Rank

#31 of 55

#30 of 55

Typical price

2.24M

Yield

—

Units

342

490

Sales

362

543

Rents

—

Developer

EMAAR

Handover

U/C

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Palace Residences at Hills Estate EMAAR · U/C · Off-plan pricing	962					1,012	—
	Ellington House 4 EH4 DEVELOPMENT L.L.C · U/C · Off-plan pricing	110					111	—
	Palace Residences 1 EMAAR · U/C · Off-plan pricing	293					309	—
	Greenside Residence Tower A EMAAR · U/C · Off-plan pricing	329					375	—
	Greenside Residence EMAAR · U/C · Off-plan pricing	490					543	—
31	Palace Residences 3 EMAAR · U/C · Off-plan pricing	342	2,353	Subject	2.24M	—	362	—
	Club Drive Tower B EMAAR · U/C · Off-plan pricing	280					291	—
	Park Lane 2B EMAAR · U/C · Off-plan pricing	144					149	—
	Rosehill Block B EMAAR · U/C · Off-plan pricing	353					347	—
	Vida Residences Club Point B EMAAR · U/C · Off-plan pricing	330					336	—
	Parkland EMAAR · U/C · Off-plan pricing	209					223	—

Community median 2,393 AED/sqft. Showing the closest-ranked peers of 55 ranked projects in the community. 7 community projects excluded for insufficient recorded sales. 25 excluded for trading only in the ready market. 5 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.

Park Lane 1AAED 2,135/sqft
Club Place Building AAED 2,148/sqft
GolfvilleAED 2,154/sqft
Park LaneAED 2,155/sqft
Park Lane 2AAED 2,165/sqft
Club DriveAED 2,110/sqft

Common questions about Palace Residences 3

Answered from Dubai Land Department registered transactions.

How much does a property in Palace Residences 3 cost?

Property in Palace Residences 3 sells at a current PIX© price of AED 2,140 per sqft, or about AED 2,035,791 for a typical unit, based on 362 sales registered with the Dubai Land Department.

When is Palace Residences 3 handing over?

Palace Residences 3 is under construction in the Dubai Land Department project register. No handover date is on record.

Who is the developer of Palace Residences 3?

Palace Residences 3 is developed by EMAAR, the developer recorded against the project in the Dubai Land Department register.

How many units are in Palace Residences 3?

Palace Residences 3 holds 342 registered units, per the Dubai Land Department unit register.

Have prices in Palace Residences 3 gone up or down?

Price per sqft has fallen -13.2% over the last 12 months, to AED 2,140, across 362 registered sales.