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Palace Residences - North in Dubai Creek Harbour - Dubai residental property project

Cap rates, sales prices, rents and deal volumes



Sales prices for off-plan (pre registration and delayed sell) properties in Palace Residences - North

RoomsSize, sqmSale price, AED/sqmSale price, AED
16029,3481,750,000
210223,1792,374,227

Rents in Palace Residences - North

RoomsSize, sqmRent, AED/sqm/ yearRent, AED
1602,000120,000
2991,667165,000
31541,429220,000

The cap rate (rental yield) of investments into Palace Residences - North project is 6.4% on average.

The price of an apartment in Palace Residences - North is 25,449 AED/sqm on average.

The long term rent of an apartment in Palace Residences - North is 1,639 AED/sqm/year on average.

Price for off-plan 1 bedroom apartment in Palace Residences - North is 1,750,000 AED or 29,348 AED/sqm.
Price for off-plan 2 bedroom apartment in Palace Residences - North is 2,374,227 AED or 23,179 AED/sqm.

Rent for 1 bedroom apartment in Palace Residences - North is 120,000 AED or 2,000 AED/sqm.
Rent for 2 bedroom apartment in Palace Residences - North is 165,000 AED or 1,667 AED/sqm.
Rent for 3 bedroom apartment in Palace Residences - North is 220,000 AED or 1,429 AED/sqm.

About Palace Residences - North

'Palace Residences - North' in 'Dubai Creek Harbour' area project description

Palace Residences North is a branded waterfront residential development by Emaar Properties in Dubai Creek Harbour's Island District. It features 1- to 3-bedroom apartments and 3-bedroom townhouses across a 33-storey high-rise tower with ground, 33 residential floors, and one parking level, offering canal-facing views of Creek Beach and the promenade.

Construction details indicate an off-plan status with anticipated handover in June 2027. The developer, Emaar Properties, integrates the project into its expansive Dubai Creek Harbour masterplan, spanning over 6 square kilometers - twice the size of Downtown Dubai - with a focus on sustainable, pedestrian-friendly urban design.

The architecture embodies ultra-modern luxury akin to a five-star hotel, with a raised pool deck providing uninterrupted waterfront vistas, infinity-edge swimming pools, and contemporary facades rising above the Creek Canal. Residences benefit from direct access to Palace Hotel services, including concierge, valet parking, and signature dining.

The layout centers on the Creek Promenade, positioning units adjacent to the Palace Hotel for seamless 5-star amenity integration. Apartments and townhouses emphasize open, airy designs with stunning creek and skyline views, set within an eco-friendly community blending residences, parks, and water features.

Amenities elevate daily living with a state-of-the-art gymnasium, yoga facilities, health care center, kids play areas, splash pads, fountains, swimming pools, retail outlets, supermarket, and gourmet restaurants along the promenade's floating deck. Additional perks include on-demand hotel services, spa, meeting rooms, and fine dining.

Strategically located in Creek Island at Dubai Creek Harbour, the project sits along the historic Dubai Creek with proximity to Ras Al Khor Wildlife Sanctuary (5 minutes), Dubai International Airport (10 minutes), Downtown Dubai and Burj Khalifa (15 minutes), Dubai Marina (25 minutes), and Al Maktoum International Airport (40 minutes). Access to the beach is direct via the 700-meter-long private man-made Creek Beach sub-community and promenade at the doorstep, with nearby marina featuring 81 berths and the 11.65-meter-tall, 70-meter-long Viewing Point cantilever for panoramic water views. The Central Park, equivalent to six football fields, opened in November 2022.

Nearby Emaar projects include The Cove Phase 2 (waterfront apartments and duplexes), The Grand (62-storey tower with penthouses and townhouses), Palace Residences (two 44-storey towers), Vida Creek Harbour, and Address Harbour Point, all enhancing the district's luxury waterfront ecosystem with metro stations, yacht club, schools, and healthcare.



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