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Palace Residences 2 Dubai Hills Estate: Price & Payment Plan Guide

  • 6 hours ago
  • 4 min read

Driving along Al Khail Road yesterday evening, the illuminated skyline of Dubai Hills Estate highlighted how rapidly this master development has transformed into one of the city's premier residential hubs. The latest market buzz centers on Palace Residences Phase 2, a branded residential project developed by Emaar positioned adjacent to Dubai Hills Park and Dubai Hills Mall.

With new market listings officially detailed on major real estate portals, investors and homebuyers are closely evaluating the building's floor plans, indicative pricing tiers, and construction milestones. Here is an objective editorial breakdown of what the market data reveals for this new launch.

Project Overview: Palace Residences 2 by Emaar

a building that has a lot of people walking around it
a building that has a lot of people walking around it — representative image, photo by aranprime via unsplash

Palace Residences 2 represents the second phase of branded residential living in Dubai Hills Estate under the luxury Palace Hotels & Resorts banner. Designed with modern architectural lines and high-end interior finishes, the development features 1, 2, and 3-bedroom luxury apartments.

Situated within walking distance of Dubai Hills Park, residents enjoy direct access to lush green spaces, recreational facilities, and premium retail dining outlets surrounding Dubai Hills Mall.

*Disclaimer: This article provides general real estate market commentary and is not financial advice. All property prices, yield projections, and payment terms are indicative and subject to change by the developer—verify directly with authorized channels.*

Reported Market Pricing & Unit Layout Breakdown

Credits: Photos taken at Jumeirah Hotel.
Credits: Photos taken at Jumeirah Hotel. — representative image, photo by kristina tochilko via unsplash

Market listings published on Property Finder as of August 2026 show that 1-bedroom apartments in Palace Residences Phase 2 are reported around AED 1.76 million, while 2-bedroom units are listed around AED 2.7 million (source: Property Finder market listings as of August 2026; figures are indicative—verify with developer).

Layouts emphasize open-plan living spaces, floor-to-ceiling glass windows, and private balconies offering views over Dubai Hills Park or the surrounding community boulevard.

  • 1-Bedroom Apartments: Average size ranges approximately 740 sq. ft to 820 sq. ft.

  • 2-Bedroom Apartments: Spacious layouts starting around 1,150 sq. ft to 1,300 sq. ft.

  • 3-Bedroom Residences: Premium family configurations spanning over 1,700 sq. ft with maid's room.

Standard Payment Plan Structure & Construction Timeline

As reported in market documentation, Emaar typically structures off-plan purchases in Dubai Hills Estate under an 80/20 payment plan framework (source: Property Finder research as of August 2026; indicative terms—verify with developer).

Under this structure, buyers pay instalments linked to verified construction milestones throughout the build period, with the final 20% balance payable upon handover, anticipated in Q2 2028.

*Investor Tip: When evaluating off-plan timelines, always account for the 4% Dubai Land Department (DLD) registration fee and administrative charges payable at booking.*

Location Advantages: Connectivity in Dubai Hills Estate

Positioned centrally within Dubai Hills Estate, Palace Residences 2 benefits from direct arterial road access via Al Khail Road and Umm Suqeim Street. Downtown Dubai and Dubai Marina are both reachable within a 15 to 20-minute drive.

Furthermore, proximity to King's College Hospital, reputable international schools, and the 18-hole championship golf course enhances its long-term appeal for executive tenants and family occupiers.

Investment Analysis: Projected Rental Yields & Resale Potential

Historical transaction data in Dubai Hills Estate indicates average gross rental yields for 1 and 2-bedroom apartments ranging between 6.2% and 6.8% as of August 2026 (source: Property Finder market analysis; yields are indicative and not guaranteed).

Branded residences under hospitality management often command premium long-term rental rates compared to standard residential towers due to upgraded amenities and valet services.

FAQ

What is the starting price for Palace Residences 2 in Dubai Hills Estate?

According to Property Finder listings as of August 2026, 1-bedroom apartment prices are reported around AED 1.76 million (indicative market figure—verify with developer).

What is the payment plan for Palace Residences 2?

The reported market payment structure is an 80/20 construction-linked plan, with 80% paid during construction and 20% due at handover (as of August 2026; verify terms with developer).

When is the estimated completion date for Palace Residences 2?

Handover for Palace Residences Phase 2 in Dubai Hills Estate is projected for Q2 2028 based on developer announcements (as of August 2026).

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Prices, timings and availability may change — always check directly with the venue before visiting. Not sponsored.

Rates and figures are indicative and were correct as of 6 August 2026; they change often, so verify with the provider before acting. This is general information, not financial advice.

Angel in Dubai is not a real-estate broker and holds no DLD or RERA advertising permit. Any prices here are reported market data as of the date noted — not an offer, and not an invitation to buy. Verify directly with the developer or on the Dubai Land Department portal.

Photo by Tom Chen via unsplash, Photo by aranprime via unsplash, Photo by Kristina Tochilko via unsplash

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