Palace Residences Dubai Hills Estate, Hadaeq Sheikh Mohammed Bin Rashid

    Sold Prices · DLD Data

    Palace Residences Dubai Hills Estate

    Hadaeq Sheikh Mohammed Bin Rashid, Dubai · Dubai Hills Estate

    AED 2,334

    Avg Price / sqft

    AED 2.3M

    Avg Sale Price

    24

    DLD Sales Recorded

    5.7%

    Est. Gross Yield

    View listings Explore Mohammed Bin Rashid City

    Market snapshot

    Palace Residences Dubai Hills Estate — the numbers

    Palace Residences Dubai Hills Estate is a residential building in Hadaeq Sheikh Mohammed Bin Rashid, Dubai with approximately 962 units. Dubai Land Department records show 24 sales in the building, at an average price of AED 2.3M — around AED 2,334 per square foot.

    Since January 2026, 22 sales completed in Palace Residences Dubai Hills Estate, with the average price per square foot moving from AED 1,740 to AED 2,047 (+17.7%). That upward drift suggests sellers currently hold pricing power here.

    Benchmarked against average residential rents in Hadaeq Sheikh Mohammed Bin Rashid, a typical unit in Palace Residences Dubai Hills Estate returns an estimated 5.7% gross rental yield before service charges — a useful starting point for investors comparing towers across Hadaeq Sheikh Mohammed Bin Rashid.

    Figures are from Dubai Land Department transaction records for Palace Residences Dubai Hills Estate; individual units vary by floor, view and finish. Gross yield is estimated against average Hadaeq Sheikh Mohammed Bin Rashid residential rents, before service charges.

    Price trend

    Price trend in Palace Residences Dubai Hills Estate

    Average sale price per sqft by month since January 2026 (single-sale months excluded)+17.7%

    1,8672,2492,630Jan 26: AED 1,740/sqft · 4 salesJan 26Feb 26: AED 2,485/sqft · 7 salesFeb 26Mar 26: AED 2,757/sqft · 2 salesMar 26Apr 26: AED 2,471/sqft · 5 salesApr 26May 26: AED 2,366/sqft · 2 salesMay 26Aug 26: AED 2,047/sqft · 2 salesAug 26

    Unit types

    Prices by unit type

    1 Bed

    AED 1.8M

    AED 2,412/sqft

    11 sales · last 12 months

    2 Bed

    AED 2.8M

    AED 2,392/sqft

    12 sales · last 12 months

    3 Bed

    AED 1.2M

    AED 781/sqft

    1 sale · last 12 months

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    11 Aug 2026Sales21,219AED 2.3MAED 1,886
    06 Aug 2026Sales21,208AED 2.7MAED 2,208
    01 Jul 2026Sales21,208AED 2.7MAED 2,228
    17 Jun 2026Sales1747AED 2.0MAED 2,743
    21 May 2026Sales1747AED 1.8MAED 2,365
    13 May 2026Sales1744AED 1.8MAED 2,366
    27 Apr 2026Sales21,124AED 2.6MAED 2,350
    21 Apr 2026Sales1747AED 1.8MAED 2,384
    15 Apr 2026Sales1747AED 1.8MAED 2,416
    07 Apr 2026Sales21,112AED 2.9MAED 2,607
    07 Apr 2026Sales21,116AED 2.9MAED 2,598
    31 Mar 2026Sales1751AED 2.1MAED 2,758
    30 Mar 2026Sales1743AED 2.0MAED 2,755
    24 Feb 2026Sales21,115AED 2.8MAED 2,548
    19 Feb 2026Sales21,119AED 2.9MAED 2,548
    18 Feb 2026Sales21,115AED 2.8MAED 2,475
    17 Feb 2026Sales21,214AED 2.8MAED 2,273
    16 Feb 2026Sales21,169AED 2.9MAED 2,480
    11 Feb 2026Sales1747AED 1.8MAED 2,408
    06 Feb 2026Sales1743AED 2.0MAED 2,665

    About the area

    Palace Residences Dubai Hills Estate is in Mohammed Bin Rashid City

    Mohammed Bin Rashid City, often referred to as MBR City, is a visionary development in Dubai spearheaded by renowned developers such as Meraas and Sobha Realty. This expansive community is designed to embody luxury and innovation, offering a harmonious blend of residential, commercial, and leisure spaces.

    Explore the Mohammed Bin Rashid City area guide

    Nearby

    Other buildings in Hadaeq Sheikh Mohammed Bin Rashid

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    Greencrest

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    Mag Eye Phase 1

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    Rosehill

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    Elvira

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    Park Horizon

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    Vida Residences Hillside

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    Greenside Residence

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    FAQ

    Palace Residences Dubai Hills Estate: frequently asked questions

    What is the average price in Palace Residences Dubai Hills Estate?

    The average recorded sale price in Palace Residences Dubai Hills Estate, Hadaeq Sheikh Mohammed Bin Rashid is AED 2.3M, around AED 2,334 per square foot, based on Dubai Land Department transaction data.

    Are prices in Palace Residences Dubai Hills Estate going up or down?

    Average sale prices in Palace Residences Dubai Hills Estate have risen +17.7% per square foot since January 2026, across 22 DLD-recorded sales.

    What rental yield can I expect in Palace Residences Dubai Hills Estate?

    Based on average Hadaeq Sheikh Mohammed Bin Rashid residential rents against sale prices in the building, a typical unit in Palace Residences Dubai Hills Estate yields roughly 5.7% gross per year, before service charges and fees.

    How many properties have sold in Palace Residences Dubai Hills Estate?

    24 sales have been recorded in Palace Residences Dubai Hills Estate according to DLD data, across approximately 962 units.

    Considering Palace Residences Dubai Hills Estate?

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