PropertyIndex

Palace Estates is a completed community by IMTIAZ REAL ESTATE INVESTMENT & DEVELOPMENT L.L.C in Jumeirah Village Circle, comprising 13 registered villas. 18 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,303 per sqft. At AED 1,303 per sqft, Palace Estates prices 29% below the Jumeirah Village Circle median of AED 1,833 per sqft on registered sales.

PIX© price · 7.2% YoY
4.35MAED
Typical
1,303AED
PSF
Gross yield
5.1%
PIX© rent ÷ PIX© price
Sale records
18
DLD · all time
Rent contracts
74
Ejari · all time
Exclusive to PropertyIndex©

PIX© Unit History

Browse the tracked homes, or select a position in any table below, to follow one through every registered owner and tenant.

Type
Houses with a record

4 Bed

Size
Record
May 2017 to Jul 2026
Owners
3
Tenants
9
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
3Owner 317 Jul 20262 mo
Current owner
Mortgage
9Tenant 911 Jan 20264 mo
Ended early
Owner 2
8Tenant 830 May 202413 mo
Owner 2
7Tenant 720 Apr 202312 mo
Owner 2
5Tenant 51 Mar 202212 mo
Owner 2 · Registered twice
4Tenant 415 Dec 202015 mo
Owner 2
3Tenant 31 Sep 201915 mo
Owner 2
2Owner 26 Mar 20197.4 yrs
Sold with tenant in place
Owner 1 · UndisclosedAcquisition date and price not on record
2Tenant 21 Sep 201813 mo
Renewal
Owner not on record
2Tenant 21 Sep 201712 mo
Owner not on record
1Tenant 118 May 20173 mo
Ended early
Owner not on record
PIX© Airbnb Calculator

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

4 Bed
Occupancy (237 nights)
%
Fees (optional)
%
Management, cleaning, platform fees: a percent of revenue, or a yearly amount.
Enter a nightly rate to test your scenario against this unit’s record.
Palace Estates

Units

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

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
1,722 - 2,993 sqft
134.35M1,3037.2%220K5.1%
Residential
4 Bed · Villa
1,722 - 2,993 sqft
13
Land
Land
26,876 sqft
------
Sales - Project-Wide18 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnit No.BedsSizePricePSFvs Prior SaleTierType
17 Jul 20264 Bed1,7222,600,0001,510+160.0%StandardStandard Sale
10 Jul 20264 Bed1,7512,525,0001,442+152.5%StandardStandard Sale
15 Jan 20264 Bed1,7222,900,0001,684-StandardStandard Sale
Rentals - Project-Wide74 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Latest contracts
Start DateUnit No.BedsSizeRent / YrRent PSFvs Prior RentTierType
16 Apr 20264 Bed1,722170,00099-StandardCERTIFICATE
9 Feb 20264 Bed1,722190,000110-StandardCONTRACT
11 Jan 20264 Bed1,722220,000128-StandardCERTIFICATE

Comparables

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

Comparable projects in Jumeirah Village Circle

The closest-priced registered projects in Jumeirah Village Circle.

Common questions about Palace Estates

Answered from Dubai Land Department registered transactions.

How much does a property in Palace Estates cost?

Property in Palace Estates sells at a current PIX© price of AED 1,303 per sqft, or about AED 4,350,778 for a typical unit, based on 18 sales registered with the Dubai Land Department.

Is Palace Estates completed?

Yes. Palace Estates is recorded as completed in the Dubai Land Department project register.

Who is the developer of Palace Estates?

Palace Estates is developed by IMTIAZ REAL ESTATE INVESTMENT & DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Palace Estates?

Palace Estates yields 5.1% gross, calculated from current PIX© rent against current PIX© sale price, across 74 registered Ejari contracts.

How many villas are in Palace Estates?

Palace Estates holds 13 registered villas, per the Dubai Land Department unit register.

Have prices in Palace Estates gone up or down?

Price per sqft has risen +7.2% over the last 12 months, to AED 1,303, across 18 registered sales.