Price trends
1 bedroom apartments rented in Palacio Residence and Al Barsha
The data displayed is based on average prices and sizes of all 1 Bedroom apartments in Palacio Residence and Al Barsha.
Palacio Residence
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.
- Location: Al Barsha 1, Dubai
- Building Type: Residential
- Available Unit Types: 1 Bedroom, 2 Bedroom Apartments
- Ownership Type: Freehold
Location
Nearest points of interest
Restaurants
Mazedaar biryani
72 m
Shakey' s Pizza Parlor
79 m
Kababi
81 m
Helal Al Barsha
82 m
Freedom Pizza
83 m
Groceries
KP Mart
12 m
Talal Market
34 m
Fast & Fine Mini Store
83 m
Helal Bustan
84 m
Day To Day
85 m
Schools
Dubai International Academy AlBarsha
225 m
Smart Vision School
782 m
Al-Qeyam Girls' School - Cycle 2
798 m
Al Mawakeb School - Al Barsha
1 km
Dubai National School
1.7 km
Hospitals
Skanda Home Health Care Center
102 m
Pet Connection
328 m
Blue Med Home Health Care Center
379 m
Shine & Smile Dental Clinic
429 m
Hygienic Dental Clinic
430 m
Religious
Abu Bakr Al Siddique mosque
958 m
Almuhtadi Mosque
1.6 km
AlForqan Masjid- Mousque
2 km
Hamel Al Ghaith Masjid
2 km
Mariam Mosque
2 km
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.
Properties
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.
Average prices
| 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.
Recent rental transactions
| Date | Rented Price (AED/Year) | Contract Status | Property Type | Bedrooms | Size (sqft) |
|---|---|---|---|---|---|
| 10 Mar 2025 - 9 Mar 2027 | 85,000 | Renewed | Apartment | 1 Bed | 1061.97 |
| 20 Mar 2026 - 19 Mar 2027 | 48,510 | Renewed | Apartment | 1 Bed | 839.05 |
| 23 Mar 2026 - 22 Mar 2028 | 2,456,000 | New | Apartment | 1 Bed | 696.85 |
| 5 Mar 2026 - 4 Mar 2027 | 48,000 | Renewed | Apartment | 1 Bed | 731.19 |
| 3 Apr 2026 - 2 Apr 2027 | 75,000 | Renewed | Apartment | 1 Bed | 822.36 |
| 5 Apr 2026 - 4 Apr 2027 | 83,000 | New | Apartment | 1 Bed | 894.16 |
| 1 Apr 2026 - 31 Mar 2027 | 45,000 | New | Apartment | 1 Bed | 712.25 |
| 1 Apr 2026 - 31 May 2026 | 9,192 | Renewed | Apartment | 1 Bed | 714.62 |
| 5 May 2026 - 4 May 2027 | 47,250 | Renewed | Apartment | 1 Bed | 779.52 |
| 15 Mar 2026 - 14 Mar 2027 | 49,080 | Renewed | Apartment | 1 Bed | 691.04 |
The data displayed is based on average prices and sizes of all 1 Bedroom apartments in Al Barsha.
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Average price of a 1 bedroom apartment nearest to Palacio Residence
The data displayed is based on average prices and sizes of 1 bedroom apartment rented in the last 3 months.
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Amenities
- Swimming pool
- Fully equipped gymnasium
- 24-hour security and CCTV surveillance
- Covered parking
- High-speed elevators
- Children’s play area
- Central air conditioning
- Dedicated maintenance staff
- Proximity to shopping malls and supermarkets
- Easy access to public transportation
What Residents say about Palacio Residence
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.
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Ayoub K.It's a perfect place for shopping, and for working family, since all the public transportation is close
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Jamil K.Living in Town Square Dubai has a fun, lively feel that makes everyday life enjoyable. I love how the community is full of parks, walking paths, and open spaces where you can relax, exercise, or meet friends. The energy around Town Square Park is great, with cafés, shops, and plenty of activities happening around the square. Developed by Nshama, it has a friendly, welcoming vibe that’s perfect for families and young professionals. Even though it’s a little outside the busy city, the cheerful atmosphere and sense of community make it a really happy place to live
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Wali K.⭐⭐⭐⭐⭐ Town Square Dubai Review Town Square Dubai is a clean, peaceful, and family-friendly community with beautiful parks, walking tracks, and great nearby cafés and shops. Well planned, affordable, and perfect for a calm lifestyle.
