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Palacio Residence

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What you need to know about Palacio Residence

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.


Key Facts

  • Location: Al Barsha 1, Dubai
  • Building Type: Residential
  • Available Unit Types: 1 Bedroom, 2 Bedroom Apartments
  • Ownership Type: Freehold

Palacio Residence market insights

Palacio Residence market overview

properties for rent in Palacio Residence range from AED 46K to AED 85K, with a median rental price of AED 65K per year. A total of 19 listings are available. 17 properties have been listed for rent in Palacio Residence over the past 30 days. Across all listings, 95% are verified and 68% are listed by SuperAgents.

Median price
70K
Price range
46K - 85K

Interested to rent in Palacio Residence?
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Properties available
19
Added in last 30 days
17
Verified properties
95%
Listed by superagent
68%

Rent transactions in Palacio Residence

186 rent transactions were recorded in Palacio Residence over the past 12 months, marking a 12.2% decrease YoY.

  • 80,000
    Apartment|2 Beds|Built: - ft²Plot: 947 ft²
    Palacio Residence
    18 Aug 2026Renewed 12 Months from 1 Sep ‘26
  • 60,000
    Apartment|1 Bed|Built: - ft²Plot: 570 ft²
    Palacio Residence
    18 Aug 2026New 12 Months from 1 Sep ‘26
  • 81,000
    Apartment|2 Beds|Built: - ft²Plot: 872 ft²
    Palacio Residence
    18 Aug 2026Renewed 12 Months from 18 Aug ‘26
  • 77,000
    Apartment|2 Beds|Built: - ft²Plot: 872 ft²
    Palacio Residence
    18 Aug 2026Renewed 12 Months from 22 Oct ‘26
  • 55,000
    Apartment|1 Bed|Built: - ft²Plot: 570 ft²
    Palacio Residence
    17 Aug 2026Renewed 12 Months from 1 Sep ‘26
  • 70,875
    Apartment|2 Beds|Built: - ft²Plot: 840 ft²
    Palacio Residence
    11 Aug 2026Renewed 12 Months from 26 Aug ‘26
  • 85,000
    Apartment|2 Beds|Built: - ft²Plot: 947 ft²
    Palacio Residence
    11 Aug 2026New 12 Months from 1 Sep ‘26
  • 40,000
    Apartment|Studio|Built: - ft²Plot: 269 ft²
    Palacio Residence
    7 Aug 2026New 12 Months from 1 Sep ‘26
  • 80,000
    Apartment|2 Beds|Built: - ft²Plot: 840 ft²
    Palacio Residence
    7 Aug 2026Renewed 12 Months from 30 Sep ‘26
  • 53,025
    Apartment|1 Bed|Built: - ft²Plot: 592 ft²
    Palacio Residence
    7 Aug 2026Renewed 12 Months from 10 Aug ‘26

The data displayed is based on average prices and sizes of all in Palacio Residence.

See all Transactions

Daily convenience and lifestyle

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. Residents of Palacio Residence enjoy access to secure, covered parking spaces within the building. Visitor parking is available in designated areas around the tower, and additional public parking options can be found nearby. The parking facilities are well-maintained, ensuring convenience and peace of mind for both residents and guests.

Restaurants in Palacio Residence

Palacio Residence has 20 coffee shops, 14 restaurants and 11 fast food venues within a 4 km radius

Lifestyle fit & resident profile

Lifestyle compatibility

  • Families35%
  • Young Professionals51%
  • Retirees60%
  • Students32%
  • Working Professionals67%

Top renter nationalities

  • India26%
  • Philippines12%
  • Pakistan8%
  • Egypt7%

Schools near Palacio Residence

Average annual fees
58,856
Number of schools in the area
29 schools within 5 km
Most common curriculum
UK
School nameCurriculumFee rangeDistanceKHDA rating
Dubai International Academy AlbarshaInternational Baccalaureate 53K - 96K227 mVery good
Al Mawakeb School Al Barsha L.L.CAmerican 16K - 25K995 mGood
Dubai National School L.L.CAmerican 24K - 40K1.5 kmGood

Getting around Palacio Residence

Public transport access

Mall of the Emirates 1.6 km
Insurance Market 2.0 km
Equiti 2.2 km
Al Barsha, Lulu Supermarket 2 163 m
Al Barsha A 1 388 m
Dubai American Academy 1 509 m
Dubai American Academy 2 527 m
Al Barsha A 2 478 m
The Mall Of The Emirates 675 m
Al Barsha, Rashid Centre For Disabled 799 m
The Mall Of The Emirates 2-1 761 m
Al Barsha, Mawakeb School 1 994 m

Car access

373C
Ameen Noorani Car Park Rental & Management, paid parking
373CP
Paid parking
Dubai International Academy
Permit Holders Only For Icon Delux Hotel Apartments 779 m
Taleb Al Blosshi Car Park Rental 481 m
Noorani Taher Car Parking Rental & Management 280 m
Noorani Taher Car Parking Rental & Management EST 963 m
Permit Holders Only For Studio M 714 m
Al Wasl Car Parking Rental, vehicle parking area 773 m
Arabian Gulf, paid parking 705 m
Al Hayat Al Jadeeda Car Park Rental, vehicle parking area 816 m
Parkonic, parking payment machine 602 m
Permit Holders Only For Ivory Grand Hotel Apartments 906 m
373D 1.1 km
376C
Permit Holders Only For Elite Byblos Hotel 921 m
368C 2.0 km
Parking lot 955 m
Valtrans, valet parking 1000 m

What Residents say about Palacio Residence

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Ratings review
3
Anonymous

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.

3.8
Ayoub K.

It's a perfect place for shopping, and for working family, since all the public transportation is close

Building Score breakdown

How do residents score buildings in the following categories?

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Property types in Palacio Residence

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 1-bedroom apartments in Palacio Residence are thoughtfully designed to offer a balance of comfort and functionality. These units typically range from 800 to 900 square feet and feature an open-plan living and dining area, a spacious bedroom with built-in wardrobes, and a modern bathroom. Most 1-bedroom apartments include a balcony, perfect for enjoying the cityscape. Kitchens are often semi-open or closed, equipped with quality cabinetry and fittings, while ensuite bathrooms and ample storage complete the offering.


Explore: 1 Bedroom Apartments for Rent in Palacio Residence, Al Barsha 1

The 2-bedroom apartments in Palacio Residence are ideal for families or those seeking extra space. These units generally offer a generous layout, with sizes ranging from 1,100 to 1,300 square feet. Each apartment features a spacious living room, a closed or semi-open kitchen, and two well-proportioned bedrooms with built-in wardrobes. Balconies are standard, providing outdoor relaxation areas. Ensuite bathrooms, a guest washroom, and additional storage or laundry space enhance the practicality of these homes.


Explore: 2 Bedroom Apartments for Rent in Palacio Residence, Al Barsha 1

Frequently asked questions

Palacio Residence offers a selection of well-appointed apartments, including 1 and 2-bedroom units.
Yes, residents of Palacio Residence enjoy access to secure, covered parking spaces within the building.
Palacio Residence offers amenities such as a swimming pool, fully equipped gymnasium, 24-hour security and CCTV surveillance, covered parking, high-speed elevators, a children’s play area, central air conditioning, and dedicated maintenance staff.
Yes, Palacio Residence is well-served by public transport, with nearby metro and bus stations making daily commutes and city exploration convenient.
Nearby landmarks include the Mall of the Emirates, Dubai Marina, Burj Al Arab, Dubai Internet City, Dubai Media City, Zayed International Airport, Al Barsha Pond Park, and Jumeirah Beach.