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Palace Residences

AED 1.76m Starting price (USD 479K)
10% Booking fee
Q2 2028 Handover

Palace Residences – the first Palace Hotels & Resorts branded 5-star apartments and townhouses in Dubai Hills Estate

Live an enchanted oriental fairytale at your branded home in Palace Residences. Emaar Properties and Palace Hotels & Resorts, a luxury hotel chain known for its personalised service and attention to detail, have partnered up to create this unique masterpiece. Palace Residences will be the first 5-star residential complex by the famous hotel brand in the prestigious Dubai Hills Estate community.

Palace Residences comprises three buildings with stylish 1-3 bedroom apartments and a limited collection of 3-bedroom townhouses. The homes range in size from 743 sq. ft to 2,302 sq. ft.

Every property comes with a fully equipped kitchen, laundry rooms and at least one balcony or terrace. The 3-bedroom units are additionally complemented with a maid’s room. Residents will be able to enjoy breathtaking views of Dubai Hills Park from the comfort of their homes.

The interior design at Palace Residences is a masterful combination of traditional oriental and contemporary styles, an aesthetic that Palace Hotels & Resorts is famous for.

About the Project

Developer
Area from
754 sq. ft.
Apartments
1-3BR
Townhouses
3BR
Total Amount of Units
620
Payment Plan
80/20

Property Types & Floor Plans

Property type
Living area
Starting price

1 bedroom Apartments

from 754 sq. ft.
AED 1,760,000

1 bedroom Apartments

from 861 sq. ft.
Ask for Price

1 bedroom Apartments

from 915 sq. ft.
Ask for Price

2 bedrooms Apartments

from 1,116 sq. ft.
AED 2,590,000

2 bedrooms Apartments

from 1,181 sq. ft.
Ask for Price

2 bedrooms Apartments

from 1,307 sq. ft.
Ask for Price

3 bedrooms Apartments

from 1,540 sq. ft.
AED 3,580,000

3 bedrooms Apartments

from 1,953 sq. ft.
Ask for Price

3 bedrooms Townhouses

from 2,296 sq. ft.
Ask for Price

Buy Property in Palace Residences

Get a free consultation from sales team

    Svetlana Vasilieva

    Our specialists will consult you on any issues and help you conclude a swift transaction with the lowest risk in order to protect your investment.

    +971 4 428 6151

    Amenities at Palace Residences

    Landscaped sky terraces

    Each of the complex's three buildings features stunning sky terraces with cosy seating areas. Residents will be able to spend wonderful evenings here with family and friends while enjoying panoramic views of the city and lush greenery.

    Massive 190,000+ sq. ft podium

    The complex’s podium will house more than 20 leisure and recreational facilities, such as:

    164-ft lap pool
    Splash pad
    childrens playground icon Children’s play area
    Sensory garden
    Outdoor fitness club and yoga area
    gym and fitness icon Gym
    Multifunctional hall
    BBQ area
    Table tennis
    Padel tennis court
    Basketball court
    Cabanas
    Lounges

    Emaar Properties is the best-selling developer in Dubai

    Emaar Properties is the largest developer in the Arab world, with an extensive portfolio of iconic, flagship projects. The real estate giant is the mastermind that created Dubai Mall, the Burj Khalifa, Dubai Marina, Dubai Downtown and more. One of its most popular complexes, Address Residences, sold out in just a week, confirming investors’ confidence in the high quality of the developer’s projects.

    Master Plan

    About Company

    The Metropolitan Premium Properties team will gladly help you resell/rent out your property to generate profit. We will find potential buyers/tenants with the help of our efficient marketing campaigns and handle all the paperwork and operational issues.

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    120,000

    Customers

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    15 years

    Of productive work

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    Top-5

    Best Performing Agencies

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    >700

    People on its team

    Economic Appeal of Palace Residences

    The branded Palace Residences project embodies a new approach to luxury living, combining stylish interiors with unrivalled entertainment facilities. In addition to the amenities available at the complex, residents will enjoy all the privileges of living in Dubai Hills Estate. Practically on your doorstep is Dubai Hills Park, the longest community park in Dubai; and within a 10-minute drive, there is an 18-hole golf course with a swimming pool and restaurants as well as the Dubai Hills Mall which has the world’s fastest vertical roller coaster.

    Purchasing a property in Palace Residences can prove to be a profitable investment tool. Not only are single apartments available for purchase here, but also half and full floors. Prospective buyers and investors will be able to earn additional income from renting out these properties or reselling them at a later date.

    Area from

    743 sq. ft.

    Apartments

    1-3BR

    Real estate types:

    For rent

    The average rental cost of branded 1-bedroom apartments in Dubai Hills Estate is AED 168K (USD 46K) per year, and the average return on investment in this type of property is 7-9%. Therefore, you can expect to receive a stable passive income if you decide to rent out your property at Palace Residences.

    Area from 743 sq. ft.
    For resale

    According to the developer's data, the average increase in the capital value of branded residences like Palace Residences can be as high as 50%. Therefore, it will be possible to resell an apartment or townhouse at a profit, while half and full floor investments will likely yield substantial returns.

    For living

    Thanks to its convenient location, first-class infrastructure and variety of properties, Palace Residences will be an ideal option for large families, young couples and business people alike. The complex has a play area and splash pad, and is located close to a lovely green park and several educational institutions. Those who commute to work will appreciate the complex’s close proximity to DIFC, Business Bay and Dubai International Airport, all reachable within a 25-minute drive. Property owners at Palace Residences will become eligible for either a 2- or 10-year visa, which also covers the entire family.

    Get a free advice from sales team

    Attractive 80/20 Payment Plan from Emaar

    10%

    On Booking
    On Booking

    10%

    Jun. 2024 Jan. 2025 Jun. 2025 Jan. 2026 Sep. 2026 Mar. 2027 Oct. 2027

    20%

    On handover in Q2 2028
    On handover in Q2 2028

    Location

    Dubai Hills Estate is a city development jointly brought to life by the renowned Emaar Properties and Meraas Holding construction companies. This ambitious project presents a master plan that is carefully devised to incorporate beautifully landscaped gardens and extensive open spaces, offering a breath of fresh air to residents and visitors alike.

    One of the community’s distinctive features is the elegant design of its neighbourhoods, which are situated around an 18-hole championship golf course, adding both beautiful aesthetics and recreational value to the area.

    About the Dubai Hills Estate

    Style

    Open spaces

    Focal point

    Golf course

    Entertainment

    icon step 15min

    Dubai Hills Golf Club

    icon car 10min

    Dubai Hills Mall

    icon car 20min

    Deep Dive Dubai

    icon car 25min

    Emirates Golf Club

    Schools

    icon car 10min

    GEMS New Millennium Scho

    icon car 20min

    Regent International School

    icon car 20min

    Nord Anglia International School Dubai

    icon car 30min

    American University in Dubai

    Clinics

    icon car 5min

    King’s College Hospital London - Dubai

    icon car 25min

    Mediclinic Dubai Hills

    icon car 25min

    NMC Royal Hospital DIP

    icon car 25min

    Al Zahra Hospital Dubai

    Project materials

    FAQ

    Who is the developer of Palace Residences?

    The developer of the project is Emaar Properties.

    Where is Palace Residences located?

    The complex is located in Dubai Hills Estate.

    What types of properties are available in the project?

    Apartments with 1-3 bedrooms, townhouses with 3 bedrooms, as well as half and full floors are on offer.

    When will Palace Residences be completed?

    The project is scheduled for completion in Q2 2028.

    What payment plans are in Palace Residences?

    The developer offers an 80/20 payment plan, which includes a 10% down payment.

    What is the price of apartments, half floors and full floors in Palace Residences?

    As of Q2 2024, the starting price of an apartment in Palace Residences is AED 1.76M (USD 479K), while half and full floors can be purchased for AED 20.6M (USD 5.6M) and AED 39.51M (USD 10.7M), respectively.

    Can I get a visa if I buy a property at Palace Residences?

    Yes, you can get a long-term residency.

    What kind of visa can I get if I buy real estate in Palace Residences?

    Purchasing any property at Palace Residences will immediately qualify you for a 2-year residence visa. Investing at least AED 2M (USD 545K) will make you eligible for a 10-year Golden visa. Both visas cover the owner’s family members, while the second one also includes domestic staff.

    Can a foreigner buy a property in Palace Residences?

    Yes, citizens of any country can become a property owner in this project.

    Are apartments in Palace Residences a good investment?

    Yes, according to the developer's data, the average increase in the capital value of branded residences can be as high as 50%. The average rental cost of a 1-bedroom branded apartment in Dubai Hills Estate is AED 168K (USD 46K) per year, and the ROI averages around 7-9%.

    Is Palace Residences a good place to live in Dubai?

    Yes, the complex will have a huge podium with more than 20 recreational facilities: a lap pool, a splash pad, a children's play area, a sensory garden, a fitness club, an outdoor yoga area and much, much more.

    What are the benefits of living in Dubai Hills Estate?

    Dubai Hills Estate is home to the longest community park in the emirate, as well as Dubai Hills Golf Club and Dubai Hills Mall, thus offering residents dozens of recreational and leisure activities, upscale amenities, social infrastructure facilities and a variety of dining options.

    Get a free consultation from sales team

      Svetlana Vasilieva

      Our specialists will consult you on any issues and help you conclude a swift transaction with the lowest risk in order to protect your investment.

      +971 4 428 6151

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