Gallery
Imagery courtesy of Emaar Properties.
The project
About Palace Residences
Palace Residences is a Palace-branded apartment release in Dubai Hills Estate.
Launch pricing was around AED 1.76 to 1.8 million on an 80/20 plan.
Handover is expected in April 2028; the release is reported as sold out.
Payment
Payment plan
80/20 — 10% on booking, 70% during construction, 20% on handover
At a glance
Palace Residences key facts
- Developer
- Emaar Properties
- Community
- Dubai Hills Estate
- Status
- Under construction
- Handover
- Q2 2028
- Starting price
- AED 1.76M
- Unit types
- 1 Bedroom, 2 Bedroom, 3 Bedroom
- Payment plan
- 80/20
- Ownership
- Freehold — open to all nationalities
Cost breakdown
What you pay, and when
Worked example on the starting price of AED 1.76M. Amounts scale with the unit you choose.
Units priced at AED 2M or more qualify for the 10-year UAE Golden Visa (subject to current ICP rules).
Process
How to buy at Palace Residences
- 01
Shortlist and reserve
Choose a unit type and view at Palace Residences and secure it with the booking deposit set out in the payment plan.
- 02
Sign the SPA
Emaar Properties issues the Sales and Purchase Agreement. Review the payment schedule, handover clause and specification before signing.
- 03
Oqood registration
The off-plan sale is registered with the Dubai Land Department (Oqood). The 4% DLD fee is payable at this stage.
- 04
Construction instalments
Instalments are paid into the project escrow account as construction milestones are reached.
- 05
Handover and title deed
On completion (scheduled Q2 2028), the final payment is made, a snagging inspection takes place and the title deed is issued.
Our read
The honest view
Every project has trade-offs. Here are both sides, so you can judge whether this one fits what you actually want.
What stands out
- Palace hospitality branding
- Central Dubai Hills location
What to weigh
- Sold out at developer level
- Branded service charges
FAQ
Palace Residences — frequently asked questions
What is the starting price of Palace Residences?
Published pricing at Palace Residences starts from AED 1.76M. Developer pricing changes with each release, so contact MRK Real Estate to confirm current availability.
When is the handover of Palace Residences?
Palace Residences is scheduled for handover in Q2 2028. Off-plan timelines can move, so confirm the current schedule before committing.
What is the payment plan for Palace Residences?
80/20 — 10% on booking, 70% during construction, 20% on handover
Who is the developer of Palace Residences?
Palace Residences is developed by Emaar Properties in Dubai Hills Estate, Dubai.
What unit types are available at Palace Residences?
Palace Residences offers 1 Bedroom, 2 Bedroom, 3 Bedroom.
Where is Palace Residences located?
Palace Residences is in Dubai Hills Estate, Dubai.
Can foreigners buy at Palace Residences?
Yes. Dubai Hills Estate is a freehold area, so buyers of any nationality can own property at Palace Residences outright.
Does buying at Palace Residences qualify for the UAE Golden Visa?
The entry price of AED 1.76M is below the AED 2 million threshold for the property Golden Visa; larger units priced at AED 2 million or more can qualify, subject to current ICP rules.
What are the purchase costs at Palace Residences?
Beyond the purchase price, the Dubai Land Department charges a 4% registration fee — about AED 70K on the starting price — plus a small admin and trustee fee.
How do I buy or sell at Palace Residences?
MRK Real Estate advises on primary purchases and resales at Palace Residences. Message us on WhatsApp for availability, floor plans and a valuation.
Figures shown are as published by the developer and were last checked on 2026-10-31. Developer pricing, availability and handover dates change between releases — we confirm current terms directly with Emaar Properties before any transaction.
