What tenants actually pay in Palace Residences
Listings show asking rents. These are the registered Ejari contracts — what tenants in this building actually signed for. Check an asking rent against them, or estimate how much of an increase Dubai's rent decree would permit at your renewal.
Median of 1 B/R contracts registered here in the last 12 months: AED 112.5K / year, from 120 contracts.
Registered rents by layout, last 12 months
| Layout | Contracts | Median annual rent | Median per ft² / year |
|---|---|---|---|
| 1 B/R | 120 | AED 112.5K | AED 158/ft² |
| 2 B/R | 99 | AED 173K | AED 152/ft² |
| 3 B/R | 22 | AED 287.5K | AED 160/ft² |
Layouts with fewer than 10 contracts are not published
Rent vs buy, in registered numbers
Prefilled with this building's registered medians — edit either figure to match an actual unit. Educational arithmetic, not financial advice.
- Gross yield
- 5.3%
- a year of rent as a share of the price, before service charges and voids
- Price-to-rent
- 18.8 years
- of this rent to add up to the purchase price
- Cost to change your mind
- ≈ AED 189K
- one-off buying costs (≈7%: DLD fee, agency, trustee) — the price must rise this much before an exit breaks even
Latest registered contracts
| Start date | Type | Annual rent | Size |
|---|---|---|---|
| 11 Sep 2026 | Flat | AED 300K | 1,800 ft² |
| 9 Sep 2026 | Flat | AED 185K | 1,104 ft² |
| 6 Sep 2026 | Flat | AED 100K | 702 ft² |
| 1 Sep 2026 | Flat | AED 170K | 1,187 ft² |
| 1 Sep 2026 | Flat | AED 110K | 699 ft² |
| 1 Sep 2026 | Flat | AED 105K | 705 ft² |
| 1 Sep 2026 | Flat | AED 95K | 702 ft² |
| 28 Aug 2026 | Flat | AED 180K | 1,187 ft² |
| 28 Aug 2026 | Flat | AED 100K | 705 ft² |
| 25 Aug 2026 | Flat | AED 180K | 1,188 ft² |
What this is — and is not
Every figure comes from registered Ejari contracts attributed to this building. Registered rents mix new leases with renewals — renewals are capped by decree, so the blend can sit below what a brand-new lease goes for. The renewal estimate anchors “average market rent” on this building's median, while the legally binding number comes from RERA's own rental index. Use this as negotiation evidence, not a legal determination.