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Palace Residences Building 1

Dubai Hills Estate , Dubai

AED 1,760,000
≈ AED 1,760,000
Free Residency Visa
Construction Progress37%
Bedrooms
1
Size
749 sqft
Price/Sqft
AED 2,350
Developer

Description

Introducing the newest addition to Emaar Properties' portfolio - Palace Residences Building 1, the inaugural 5-star branded residence in Dubai Hills Estate. Boasting a selection of luxurious 1, 2 and 3-bedroom apartments, as well as opulent 3-bedroom townhouses, this development offers a blend of sophistication and comfort.
This exclusive enclave combines impeccable design with world-class amenities, creating a lifestyle of unparalleled luxury. Residents can enjoy a range of premium facilities, including a swimming pool, fitness centre, and landscaped gardens. Additionally, the development in Dubai Hills Estate is conveniently located near retail and dining options, ensuring a vibrant and dynamic living experience.

Amenities & Features

Gym or Health Club
Swimming Pool
Kids Play Area
Barbeque Area
Nearby Schools
Nearby Shopping Malls

Property Details

Property TypeApartment
DeveloperEmaar
ProjectPalace Residences Building 1
CommunityDubai Hills Estate
CompletionOff-Plan - Q2 2028
Parking1 space
CityDubai
FurnishedUnfurnished

Investment Analysis

Acquisition Costs

Property PriceAED 1,760,000
DLD Fee (4%)AED 70,400
Trustee FeeAED 4,200
Agency (2%)AED 35,200
Total InvestmentAED 1,869,800

Expected Annual Returns

Expected Annual RentAED 146,080
Service Charges (Est)-AED 11,235
Net Annual IncomeAED 134,845
Net Annual ROI7.2% (after expenses)
Payback Period13.9 years

How We Calculate These Numbers

The figures above are based on standard Dubai acquisition and income assumptions so you can compare properties consistently.

  • Total Investment = Property price + DLD fee (4%) + Trustee/registration fee + Agency (2% if applicable).
  • Net annual income = Expected annual rent − estimated service charges (e.g. based on AED per sqft).
  • Net ROI = (Net annual income ÷ Total investment) × 100.
  • Payback period = Total investment ÷ Net annual income (years).

Distance from Major Landmarks

Burj Khalifa10.8 km
Dubai Mall11 km
Dubai Airport (DXB)20.6 km
Mall of the Emirates4.8 km
Dubai Marina10.9 km