Palace Residences Dubai Hills Estate

1. Is it on schedule?9% built in July 2026 against a April 2028 handover: 91% left to build in 21 months · DLD project register, Jul 20269%Context
2. Is my money protected?Payments go to an escrow account at بنك المشرق (شركة مساهمة عامة), as registered with the Land DepartmentEscrowContext
3. Is the price fair?AED 2,461/sqft, 0.8% above the Dubai Hills Estate off-plan median across 30 projects+0.8%Context
4. Is it selling?38 off-plan sales registered in the last 12 months, of 962 units; the latest on 5 Oct 202638Context
5. Who is building it?Dubai Hills Estate, licence no. 984; 0 of its 13 dated live projects are past their registered dates0%Context

Sizes run from the 10th to the 90th percentile of registered floor area, so one mislabelled unit cannot set the range. A title is issued at handover: a live project shows few or none however many units have sold, and an untitled unit is not necessarily for sale.

Escrow agent

بنك المشرق (شركة مساهمة عامة)

Developer, as licensed

DUBAI HILLS ESTATE L.L.C (no. 984)

Master developer

Dubai Hills Estate

Registered start

March 2024

Configuration

The project contains three buildings shared on basement, ground and podium floor in addition to group of townhouses Building 01: consist of B+G+P+21 Floors and includes 293 units (120 apartments 1BR, 132 apartments 2 BR and 41 apartments 3BR) Building 02: consist of B+G+P+22 Floors and includes 312 units (128 apartments 1BR, 140 apartments 2 BR and 44 apartments 3BR) Building 03: consist of B+G+P+23 Floors and includes 337 units (165 apartments 1BR, 133 apartments 2 BR and 39 apartments 3BR) Townhouses: Include 15 townhouses (G+1)

Construction progress is the percentage DLD recorded in its project register as of July 2026, the latest DLD record for this project; the register lags DLD’s inspections by months, so it is dated separately. The developer is the company licensed to build it, by the register’s own licence number; the master developer owns the land under it and is often another company entirely. Off-plan price is the median of registered off-plan sales across this project’s published buildings, 12 months to 12 Oct 2026.

When will Palace Residences Dubai Hills Estate be completed?

The developer registered handover for April 2028, 21 months after DLD’s latest record, and the project was 9% built as of July 2026. A registered date is the developer’s own, not a delivery forecast. Dubai Land Department project register as of July 2026.

What does Palace Residences Dubai Hills Estate cost per square foot?

AED 2,461 per sqft, the median of 38 registered off-plan sales in the 12 months to 12 Oct 2026; the median unit sold for AED 2.68M. That is 0.8% above the Dubai Hills Estate off-plan median across 30 projects.

Is Palace Residences Dubai Hills Estate in escrow?

Yes: the Land Department register names بنك المشرق (شركة مساهمة عامة) as the project’s escrow agent, the bank that holds buyers’ payments for the developer. Dubai Land Department project register as of July 2026.

Who is the developer of Palace Residences Dubai Hills Estate?

DUBAI HILLS ESTATE L.L.C, licence no. 984, by the register’s own licence number; the master developer that owns the land is Dubai Hills Estate. Dubai Land Department project register as of July 2026.

How many units does Palace Residences Dubai Hills Estate have?

962 registered units, of which 0 have a title issued. A title is issued at handover, so a live project shows few or none however many units have sold. Dubai Land Department project register as of July 2026.