Palace Residences Dubai Hills Estate
Off-PlanDeveloperDUBAI HILLS ESTATE L.L.C
CommunityDubai Hills Estate
Started
1 year 9 months ago30-03-2024
Handover
In 2 years 3 months30-04-2028
Status
9% BuiltIn Progress
Project Description
The project contains three buildings shared on basement, ground and podium floor in addition to group of townhouses Building 01: consist of B+G+P+21 Floors and includes 293 units (120 apartments 1BR, 132 apartments 2 BR and 41 apartments 3BR) Building 02: consist of B+G+P+22 Floors and includes 312 units (128 apartments 1BR, 140 apartments 2 BR and 44 apartments 3BR) Building 03: consist of B+G+P+23 Floors and includes 337 units (165 apartments 1BR, 133 apartments 2 BR and 39 apartments 3BR) Townhouses: Include 15 townhouses (G+1)
Performance Alpha
Momentum: Last 90Dvs Last 12M Baseline
Stable+2%
GrowthCurrent:AED 2,447/sqft
Last 12M:AED 2,400/sqft
Momentum: Last 12Mvs Prior Year
Stable-1%
DeclineLast 12M:AED 2,400/sqft
Prior Year:AED 2,417/sqft
Community Compare: Last 90DDubai Hills Estate
Premium+10%
Above AvgProject:AED 2,447/sqft
Community:AED 2,230/sqft
Liquidity: Last 12MExit Speed
Low3%Turnover
29Sold (Last 12M)
Supply & Demand Matrix
Palace Residences Dubai Hills Estate averaged 3% liquidity over the last 12 months, which is considered low. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
1 Bedroom
428 units
13 sold415 left
3%
Velocity
2 Bedrooms
395 units
14 sold381 left
4%
Velocity
3 Bedrooms
139 units
2 sold137 left
1%
Velocity
Layouts & Units (962)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units 47 units | Type Flat | Beds 2 B/R | Size 1,160 sqft | Avg Price AED 2.8M | Last Price AED 2.9M | Last Sold 7 days ago | Sales 49 |
Units 135 units | Type Flat | Beds 1 B/R | Size 752 sqft | Avg Price AED 1.9M | Last Price AED 1.8M | Last Sold 15 days ago | Sales 137 |
Units 77 units | Type Flat | Beds 2 B/R | Size 1,218 sqft | Avg Price AED 2.8M | Last Price AED 2.6M | Last Sold about 1 month ago | Sales 78 |
Units 202 units | Type Flat | Beds 1 B/R | Size 747 sqft | Avg Price AED 1.8M | Last Price AED 1.8M | Last Sold about 2 months ago | Sales 210 |
Units 11 units | Type Flat | Beds 2 B/R | Size 1,106 sqft | Avg Price AED 2.8M | Last Price AED 2.9M | Last Sold 2 months ago | Sales 12 |
Units 74 units | Type Flat | Beds 3 B/R | Size 1,544 sqft | Avg Price AED 4.0M | Last Price AED 4.1M | Last Sold 2 months ago | Sales 76 |
Units 47 units | Type Flat | Beds 2 B/R | Size 1,169 sqft | Avg Price AED 2.8M | Last Price AED 2.7M | Last Sold 2 months ago | Sales 51 |
Units 35 units | Type Flat | Beds 2 B/R | Size 1,115 sqft | Avg Price AED 2.7M | Last Price AED 2.7M | Last Sold 4 months ago | Sales 36 |
Units 27 units | Type Flat | Beds 2 B/R | Size 1,112 sqft | Avg Price AED 2.8M | Last Price AED 2.8M | Last Sold 5 months ago | Sales 29 |
Units 29 units | Type Flat | Beds 2 B/R | Size 1,208 sqft | Avg Price AED 2.7M | Last Price AED 2.6M | Last Sold 6 months ago | Sales 30 |
Units 40 units | Type Flat | Beds 2 B/R | Size 1,215 sqft | Avg Price AED 2.9M | Last Price AED 2.5M | Last Sold 7 months ago | Sales 41 |
Units 39 units | Type Flat | Beds 2 B/R | Size 1,207 sqft | Avg Price AED 2.6M | Last Price AED 2.7M | Last Sold 9 months ago | Sales 40 |
Units 2 units | Type Flat | Beds 2 B/R | Size 1,360 sqft | Avg Price AED 2.7M | Last Price AED 2.7M | Last Sold about 1 year ago | Sales 2 |
Units 14 units | Type Flat | Beds 3 B/R | Size 1,542 sqft | Avg Price AED 4.1M | Last Price AED 4.4M | Last Sold over 1 year ago | Sales 14 |
Units 15 units | Type Flat | Beds 1 B/R | Size 754 sqft | Avg Price AED 2.0M | Last Price AED 2.1M | Last Sold over 1 year ago | Sales 15 |
Units 2 units | Type Flat | Beds 1 B/R | Size 865 sqft | Avg Price AED 1.9M | Last Price AED 1.8M | Last Sold over 1 year ago | Sales 2 |
Units 2 units | Type Flat | Beds 2 B/R | Size 1,308 sqft | Avg Price AED 2.8M | Last Price AED 3.0M | Last Sold over 1 year ago | Sales 2 |
Units 25 units | Type Flat | Beds 2 B/R | Size 1,118 sqft | Avg Price AED 2.7M | Last Price AED 2.7M | Last Sold over 1 year ago | Sales 25 |
Units 5 units | Type Flat | Beds 3 B/R | Size 1,483 sqft | Avg Price AED 3.7M | Last Price AED 3.7M | Last Sold over 1 year ago | Sales 5 |
Units G02 | Type Flat | Beds 1 B/R | Size 862 sqft | Avg Price AED 1.8M | Last Price AED 1.8M | Last Sold over 1 year ago | Sales 1 |
Units 9 units | Type Flat | Beds 3 B/R | Size 2,298 sqft | Avg Price AED 6.2M | Last Price AED 6.3M | Last Sold over 1 year ago | Sales 9 |
Units 30 units | Type Flat | Beds 1 B/R | Size 758 sqft | Avg Price AED 1.8M | Last Price AED 1.8M | Last Sold over 1 year ago | Sales 30 |
Units 6 units | Type Flat | Beds 2 B/R | Size 1,124 sqft | Avg Price AED 2.6M | Last Price AED 2.6M | Last Sold over 1 year ago | Sales 6 |
Units 5 units | Type Flat | Beds 1 B/R | Size 911 sqft | Avg Price AED 1.9M | Last Price AED 1.9M | Last Sold over 1 year ago | Sales 5 |
Units 2 units | Type Flat | Beds 2 B/R | Size 1,365 sqft | Avg Price AED 2.8M | Last Price AED 2.8M | Last Sold over 1 year ago | Sales 2 |
Units 11 units | Type Flat | Beds 1 B/R | Size 800 sqft | Avg Price AED 2.1M | Last Price AED 2.1M | Last Sold over 1 year ago | Sales 11 |
Units 2 units | Type Flat | Beds 1 B/R | Size 920 sqft | Avg Price AED 2.0M | Last Price AED 2.0M | Last Sold over 1 year ago | Sales 2 |
Units 101 | Type Flat | Beds 2 B/R | Size 1,511 sqft | Avg Price AED 3.0M | Last Price AED 3.0M | Last Sold over 1 year ago | Sales 1 |
Units 104 | Type Flat | Beds 2 B/R | Size 1,515 sqft | Avg Price AED 3.0M | Last Price AED 3.0M | Last Sold over 1 year ago | Sales 1 |
Units 6 units | Type Flat | Beds 3 B/R | Size 1,488 sqft | Avg Price AED 3.7M | Last Price AED 3.7M | Last Sold over 1 year ago | Sales 6 |
Units 2 units | Type Flat | Beds 3 B/R | Size 2,303 sqft | Avg Price AED 6.3M | Last Price AED 6.3M | Last Sold over 1 year ago | Sales 2 |
Units 2 units | Type Flat | Beds 2 B/R | Size 1,356 sqft | Avg Price AED 2.7M | Last Price AED 2.7M | Last Sold over 1 year ago | Sales 2 |
Units 23 units | Type Flat | Beds 1 B/R | Size 739 sqft | Avg Price AED 1.8M | Last Price AED 1.8M | Last Sold over 1 year ago | Sales 23 |
Units 2 units | Type Flat | Beds 1 B/R | Size 915 sqft | Avg Price AED 1.9M | Last Price AED 2.0M | Last Sold over 1 year ago | Sales 2 |
Units 108 | Type Flat | Beds 2 B/R | Size 1,249 sqft | Avg Price AED 2.6M | Last Price AED 2.6M | Last Sold over 1 year ago | Sales 1 |
Units 115 | Type Flat | Beds 2 B/R | Size 1,372 sqft | Avg Price AED 2.8M | Last Price AED 2.8M | Last Sold over 1 year ago | Sales 1 |
Units 11 units | Type Flat | Beds 3 B/R | Size 1,467 sqft | Avg Price AED 3.8M | Last Price AED 3.8M | Last Sold over 1 year ago | Sales 11 |
Units 6 units | Type Flat | Beds 3 B/R | Size 1,532 sqft | Avg Price AED 3.8M | Last Price AED 3.8M | Last Sold over 1 year ago | Sales 6 |
Units 5 units | Type Flat | Beds 3 B/R | Size 1,533 sqft | Avg Price AED 3.9M | Last Price AED 3.9M | Last Sold over 1 year ago | Sales 5 |
Units 103 | Type Flat | Beds 3 B/R | Size 1,820 sqft | Avg Price AED 4.0M | Last Price AED 4.0M | Last Sold over 1 year ago | Sales 1 |
Units 103 | Type Flat | Beds 3 B/R | Size 1,953 sqft | Avg Price AED 4.1M | Last Price AED 4.1M | Last Sold over 1 year ago | Sales 1 |
Units 4 units | Type Flat | Beds 3 B/R | Size 2,296 sqft | Avg Price AED 6.2M | Last Price AED 6.3M | Last Sold over 1 year ago | Sales 4 |
Units 114 | Type Flat | Beds 3 B/R | Size 1,959 sqft | Avg Price AED 3.7M | Last Price AED 3.7M | Last Sold over 1 year ago | Sales 1 |
43 unique layouts covering 962 units