Home / Properties / Palace Residences Building 2

Palace Residences Building 2

Dubai Hills Estate , Dubai

AED 1,760,000
≈ AED 1,760,000
Free Residency Visa
Construction Progress37%
Bedrooms
1
Size
747 sqft
Price/Sqft
AED 2,356
Developer

Description

Introducing the prestigious 5-star branded residence in Dubai Hills Estate by Emaar Properties, Palace Residences Building 2. Offering an array of upscale 1, 2 and 3-bedroom apartments, along with magnificent 3-bedroom townhouses, this development epitomizes luxury living. It also provides residents with a harmonious blend of comfort and style amidst lush surroundings. The off-plan development sets a new standard in residential living. Residents can indulge in a host of premium facilities, including a sparkling swimming pool, state-of-the-art fitness centre, and beautifully landscaped gardens. With easy access to retail and dining options, Palace Residences Building 2 ensures a convenient and vibrant lifestyle for its residents.

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 2
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 140,800
Service Charges (Est)-AED 11,205
Net Annual IncomeAED 129,595
Net Annual ROI6.9% (after expenses)
Payback Period14.4 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 Khalifa10.7 km
Dubai Mall10.8 km
Dubai Airport (DXB)20.5 km
Mall of the Emirates4.8 km
Dubai Marina10.9 km