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Ready
Q4 2021
433
Freehold
Standard
Decision Support
Live market context for FAY from DLD registered transactions and active listings.
Price on Request
Current unit pricing depends on stack, view, floor, and release phase.
80% pre-handover
10% Down Payment · 70% During Construction · 20% On Handover
20% on handover
AED 2,418
Dubai Hills Estate 12-month registered-sales median price per square foot.
Avg AED 2,420 / sqft
4,459 sales
AED 22.9B traded in Dubai Hills Estate over the last 12 months.
1,978 sales in 6 months
58.8% share
58.8% of Dubai Hills Estate sales in the last 12 months were off-plan transactions.
Buyer demand signal
+4.7% YoY
Area price-per-sqft movement is a market benchmark, not a return guarantee.
Palace Residences at Hills Estate marks a historic milestone in the evolution of Dubai Hills Estate, the "Green Heart of Dubai." As the community’s first branded residential offering, it brings the world-class service and aesthetic of the Palace Hotels & Resorts brand to a permanent residential setting. Developed by Emaar Properties, this project is designed for those who seek the perfect balance between urban vibrancy and suburban tranquility.
The development replaces the originally planned "FAY" project, elevating the plot's potential with a more prestigious, branded identity. With its three low-rise towers and an expansive amenity podium, Palace Residences is not just a place to live; it is a lifestyle destination. It offers a unique combination of high-end hotel-inspired luxury and the established, family-friendly environment of one of Dubai’s most successful master-planned communities.
The location of Palace Residences is arguably the most desirable in all of Dubai Hills Estate. Situated at the crossroads of luxury and utility, it offers residents everything they need within a few minutes’ walk or drive.
Palace Residences features a clean, contemporary architectural style that emphasizes light, space, and verticality. The three towers are connected by a sprawling 175,000 sq. ft. podium that serves as the heart of the community’s social and recreational life.
Inside the residences, Emaar’s signature attention to detail is evident in every corner. The design language reflects the "Palace" brand—refined, timeless, and luxurious.
The amenities at Palace Residences are designed to rival those of a 5-star resort, with a focus on wellness, recreation, and social interaction.
Palace Residences offers a wide range of floor plans to suit different needs, from young professionals to large families.
| Unit Type | Average Size (sq. ft.) | Starting Price (AED) | Key Features | | :--- | :--- | :--- | :--- | | 1-Bedroom Apartment | 754 | ~1,700,000 | Open-plan living, fitted kitchen, balcony, branded finishes. | | 2-Bedroom Apartment | 1,181 | ~2,500,000 | En-suite bedrooms, laundry room, expansive balcony views. | | 3-Bedroom Apartment | 1,540 | ~3,500,000 | Large living area, walk-in closets, ideal for families. | | 3-Bedroom Townhouse | 2,294 – 2,303 | ~6,000,000 | Exclusive low-rise units with direct podium access and more privacy. |
Emaar Properties has designed an investor-friendly payment plan that aligns with the project’s construction milestones.
Emaar Properties is the undisputed leader of the Dubai real estate market, responsible for iconic developments like the Burj Khalifa and Downtown Dubai. By integrating the Palace Hotels & Resorts brand into Dubai Hills Estate, Emaar is reinforcing the community’s status as a premier destination for luxury living. The Palace brand is synonymous with Middle Eastern heritage and world-class service, ensuring that residents of this project will experience a level of care and sophistication that is truly unique.
Dubai Hills Estate is consistently ranked as one of the top-performing areas in the Dubai property market for both capital appreciation and rental yields.
Palace Residences at Hills Estate by Emaar is more than just a home; it is an investment in a lifestyle of unmatched convenience and sophistication. With its direct proximity to the Dubai Hills Mall, its branded heritage, and its stunning resort-style amenities, it represents the very best of what the "Green Heart of Dubai" has to offer. Whether you are looking for an elegant apartment or an exclusive townhouse, Palace Residences is the definitive choice for branded luxury.
Join the prestigious community of Dubai Hills. Discover your future home at Palace Residences today.
Sources and Citations:
Strategic location in Dubai Hills Estate with growth potential
Competitive pricing available upon inquiry
Developed by Emaar Properties
Expected completion: Q4 2021
Good rental potential in this developing area
Located in Dubai Hills Estate, offering excellent connectivity and access to key destinations
Features include Swimming Pool, Gym, Kids Play Area, 24/7 Security, Parking and more
Attractive payment options available for investors and homebuyers
Built by Emaar Properties with premium finishes and materials
Ready-to-move-in with immediate rental potential
Developer payment schedule for FAY.
10%
Down Payment
70%
During Construction
20%
On Handover
Availability check
Get current release, stack, floor, and view pricing from our advisors.

Olympic-sized infinity pool
Indoor gym
Outdoor gym
Yoga area
Meditation area
Sky terraces
Padel tennis court
Basketball half-court
Table tennis
Kids Pool
Splash pads
BBQ Area
Dubai Hills Mall access
Dubai Hills Park access
Community View
DLD Market Data
Dubai Hills Estate recorded 4,459 DLD-registered sales worth AED 22.9B over the last 12 months, with a median price of AED 2,418 per square foot. 58.8% of those sales were off-plan, and prices moved +4.7% year-on-year.
Discover the exceptional location of FAY in Dubai Hills Estate, offering unparalleled access to Dubai's finest destinations.
Get DirectionsFAY by Emaar Properties in Dubai Hills Estate starts from Price on Request. Prices vary based on unit type, floor, and view. Contact our team for detailed pricing across all available layouts and current promotional offers.
FAY offers a flexible payment plan payment structure. Typical plans include an initial booking deposit, installments during construction, and final payment on handover. Our consultants can explain the specific payment schedule and help you plan your investment.
FAY is scheduled for completion in Q4 2021. Construction is progressing on schedule. Buyers can track progress through regular developer updates.
FAY by Emaar Properties in Dubai Hills Estate offers strong investment potential. Dubai Hills Estate is one of Dubai's sought-after locations with consistent demand from both residents and investors. The project's location, developer reputation, and payment plan make it attractive for both end-users and investors seeking rental yields or capital appreciation.
FAY is developed by Emaar Properties, a leading Dubai developer known for iconic projects like Burj Khalifa and Dubai Mall. All developers in Dubai are regulated by RERA to ensure buyer protection.
FAY offers world-class amenities including Olympic-sized infinity pool, Indoor gym, Outdoor gym, Yoga area, Meditation area and 9 more facilities. These amenities are designed to provide residents with a premium lifestyle experience.