Price trends
The data displayed is based on average prices and sizes of all 1 Bedroom apartments in Palacio Residence and Al Barsha.
Palacio Residence is a mid-rise residential tower located in the vibrant Al Barsha 1 community of Dubai. The building features a contemporary architectural design and offers a selection of well-appointed apartments, including 1 and 2-bedroom units. With a focus on comfortable urban living, Palacio Residence provides residents with a range of amenities and easy access to key city destinations. The tower is positioned in a freehold zone, making it an attractive option for both end-users and investors seeking long-term value in one of Dubai’s most dynamic neighborhoods.
Palacio Residence stands out for its modern facilities, prime location, and thoughtfully designed living spaces. Residents benefit from a host of amenities that cater to both relaxation and convenience, ensuring a well-rounded lifestyle in the heart of Al Barsha.
Palacio Residence is strategically situated in Al Barsha 1, a bustling and well-established residential district in Dubai. The tower enjoys a central position with direct access to Sheikh Zayed Road and is within walking distance of the renowned Mall of the Emirates. Al Barsha 1 is known for its lively atmosphere, diverse dining options, and a blend of residential and commercial developments, making it a sought-after address for families and professionals alike.
Residents of Palacio Residence benefit from excellent connectivity to major business hubs such as Dubai Internet City, Dubai Media City, and Dubai Marina. The area is well-served by public transport, making daily commutes and city exploration both convenient and efficient.
Palacio Residence offers a selection of spacious 1 and 2-bedroom apartments, catering to singles, couples, and small families. The units are designed with open-plan living areas, modern kitchens, and large windows that maximize natural light. Many apartments feature private balconies, providing residents with outdoor space and city views. High-quality finishes, built-in wardrobes, and efficient layouts are hallmarks of the residences, making them ideal for comfortable urban living.
The data displayed is based on average prices and sizes of all 1 Bedroom apartments in Palacio Residence and Al Barsha.
| Type | Avg. Price (AED/ year) |
|---|---|
| 1 Bedroom | 66,000 |
| 2 Bedrooms | 81,000 |
The data displayed is based on average prices and sizes of all 1 Bedroom apartments in Palacio Residence and Al Barsha.
| Date | Rented Price (AED/Year) | Contract Status | Property Type | Bedrooms | Size (sqft) |
|---|---|---|---|---|---|
| 20 May 2026 - 19 May 2027 | 60,000 | New | Apartment | 1 Bed | 1001.04 |
| 19 May 2026 - 18 May 2027 | 52,920 | Renewed | Apartment | 1 Bed | 894.16 |
| 20 Mar 2026 - 19 Mar 2027 | 53,130 | Renewed | Apartment | 1 Bed | 714.62 |
| 18 Jul 2025 - 17 Jul 2026 | 52,000 | New | Apartment | 1 Bed | 699.33 |
| 23 Jun 2026 - 22 Jun 2027 | 65,000 | Renewed | Apartment | 1 Bed | 772.74 |
| 20 May 2026 - 19 May 2027 | 55,000 | New | Apartment | 1 Bed | 813.75 |
| 15 May 2026 - 14 May 2027 | 52,500 | Renewed | Apartment | 1 Bed | 691.04 |
| 15 May 2026 - 14 May 2027 | 60,000 | New | Apartment | 1 Bed | 738.08 |
| 11 May 2026 - 10 May 2027 | 52,000 | New | Apartment | 1 Bed | 641.85 |
| 15 May 2026 - 14 May 2027 | 50,700 | Renewed | Apartment | 1 Bed | 691.04 |
The data displayed is based on average prices and sizes of all 1 Bedroom apartments in Al Barsha.
See all TransactionsThe data displayed is based on average prices and sizes of 1 bedroom apartment rented in the last 3 months.
I lived in Al Barsha 1 for about a year, right next to Mall of the Emirates, and honestly, it's a mixed bag. Having a major mall on your doorstep sounds great, but most established communities in Dubai have one nearby anyway, so it's not a standout perk. What it does bring is a serious traffic problem. During peak hours, congestion around the area used to be intense - back in 2023–2024, there was no direct entrance to Mall of the Emirates from Sheikh Zayed Road, so all the traffic funneled through Al Barsha's streets. It's improved since then, but it's worth knowing about. The real highlight for me is the food scene. Even now, I regularly come back to Al Barsha with friends, colleagues, and family just to eat. The restaurants offer a proper dining experience - generous portions at genuinely reasonable prices. You can get a great meal for around 40 AED, which is surprising given the tourist footfall from the mall. For whatever reason, business owners here haven't rushed to inflate prices, and that's a rare thing in Dubai. In terms of character, Al Barsha isn't a flashy neighborhood. There are no skyscrapers - all the towers are under twelve floors - and it has a more grounded, residential feel. That said, its location on the map is fantastic. You can reach Marina, Business Bay, JVC, and other key areas with ease. Like most communities in Dubai, it falls short on parks and green space. There's a small lake near Mall of the Emirates, but I wouldn't call it a proper park. As for property, the buildings are owned and managed by Emirati landlords, so purchasing isn't an option. This also tends to affect rental pricing - building owners often raise rents in alignment with one another, meaning you won't find dramatic price differences from one building to the next.
It's a perfect place for shopping, and for working family, since all the public transportation is close