Palace Residences 2

P3 — Under Development Off-Plan Primary
Developer Emaar Properties PJSC
Community Dubai Hills Estate
Property type Apartment
Data updated Feb 16, 2026

Palace Residences 2 is a Under Development development by Emaar Properties PJSC in Dubai Hills Estate. 312 units across 2 Bedroom (45%), 1 Bedroom (41%), 3 Bedroom (14%). Over the trailing 12 months, 322 sales at a median of AED 2,249,888.

Key Metrics
Median Price
Value
AED 2,249,888
Change
15.1% YoY
Transactions
Value
322
Change
10 in period
Price / sqft
Value
AED 2,458
Handover Status
Value
P3
Change
Under Development
Median Price
AED 2,249,888
↓ 15.1% YoY
Transactions
322
↑ 10 in period
Price / sqft
AED 2,458
Handover
P3
Under Development
Investment Analytics
Capital Return
Value
27.6%
Community avg
Holding Period
Value
2.0 yrs
Community avg
Ready Market Mix
Value
0.0%
Community avg
Capital Return
27.6%
Community avg
Holding Period
2.0 yrs
Community avg
Ready Market Mix
0.0%
Community avg

Rental Performance

Unit Mix

By bedroom type
1 Bedroom 128 units · 41%
2 Bedroom 140 units · 45%
3 Bedroom 44 units · 14%

Transaction Breakdown

All time — 322 transactions
Off-Plan Primary
311
Off-Plan Secondary
11

Price History

Median Price — Palace Residences 2

Median prices in Palace Residences 2 have declined significantly, down 18% to AED 2.4M over the past 7 months.

Recent Transactions

Showing last 10 of 322
Date Type Price (AED) Size (sqft) AED/sqft
Feb 16, 2026 OP Secondary 2,900,000 1,169 2,480
Feb 11, 2026 OP Secondary 1,800,000 747 2,408
Jan 16, 2026 OP Secondary 2,905,888 1,159 2,505
Jan 08, 2026 OP Secondary 1,836,000 751 2,443
Dec 20, 2025 OP Secondary 2,602,888 1,219 2,135
Oct 23, 2025 OP Secondary 1,896,888 751 2,523
Sep 17, 2025 OP Secondary 1,760,109 747 2,354
May 05, 2025 OP Secondary 2,700,000 1,207 2,236
May 02, 2025 OP Secondary 929,445 373 2,488
Apr 23, 2025 OP Secondary 2,866,888 1,159 2,471

This project is in Dubai Hills Estate

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