What is the rental yield in Palace Residences - North?

Palace Residences - North returns 5.81% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 47 rental contracts registered in the last 24 months.

How much does a 1 bedroom in Palace Residences - North cost?

The median registered sale price is AED 1.70M (2,636 AED/sqft), from 48 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

What are apartments in Palace Residences - North selling for right now?

Registered sales of ready units in Palace Residences - North over the last 3 months have a median of 2,680 AED/sqft, across 7 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.

Have prices in Palace Residences - North risen or fallen?

Median price per square foot moved +15.1% over the last 12 months against the 12 before it, on 48 registered sales. On a sample this size, read the direction rather than the exact figure.

Does Palace Residences - North earn more short-let than long-let?

A night asks a median of AED 696, which models to 9.50% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities — against 5.81% gross on the registered long lease. Nightly rates are asking rates sampled across the next 12 months, not registered income.

Palace Residences - North — rental prices & yield

Buy: 1.70MAED; AED 2,680/sqft
Long-let: 100,000AED; AED 156/sqft · 5.81%
Short-let: 9.50%; AED 696/night · 1.08/sqft

Price per sqft: Median of 7 registered sales of ready units in the last 3 months, most recent August 2026.

Priced off 7 sales in the last 3 months.

Yield spread: +0.0 pts; vs the Dubai Creek Harbour median for this unit type
AED/yr/sqft: AED 156
Sales: 48
Rental contracts: 47
Short-let listings seen: 5+

Based on 48 sales and 47 rental contracts in the last 24 months.

Palace Residences - North is an apartment building in Dubai Creek Harbour, Dubai. The closest metro station is Creek Metro Station, the nearest mall City Centre Mirdif and the nearest landmark Dubai International Airport. Land Department records for it run from 2023 to 2026, 932 registered sales in all — the 48 in the last 24 months are what every median above is computed from.

Rent history

Median annual rent per sqft registered in Palace Residences - North, by year.

Median AED per sqft per year, with fainter bars resting on fewer contracts. Too few monthly records here to draw an honest monthly line.

Rents by bedroom type

Type	Median rent	AED/yr/sqft	Yield	Contracts
1 bed	AED 100,000	156	5.81% +0.0 pts	47
2 bed	AED 160,000	143	5.82% +0.4 pts	49
3 bed	AED 222,500	134	5.17% -0.5 pts	34

Deltas compare each yield with the Dubai Creek Harbour median for the same unit type. How these yields are computed

How these yields are computed

Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around Palace Residences - North

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured

Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.

Type	Nightly (AED)	AED/night/sqft	Net revenue at 80%	Long-let rent	Uplift	Short-let yield	Listings seen
1 bed	696	1.08	AED 160,948	AED 100,000	1.6×	9.50%	5+
2 bed500m	894	0.80	AED 201,890	AED 160,000	1.3×	7.53%	22+
3 bed500m	982	0.56	AED 212,785	AED 222,500	1.0×	5.13%	8+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts

Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Palace Residences - North itself had too few listings of that type to measure.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

75 resales in the last 12 months, against 136 a year on average over 2023–2025.

Sales

Date	Type	Sqft	Price	AED/sqft
12 Aug 2026	3 bed	1,663	AED 4,150,000	2,495
6 Aug 2026	1 bed	642	AED 1,720,000	2,680
29 Jul 2026	3 bed	1,942	AED 4,500,000	2,318
28 Jul 2026	2 bed	1,123	AED 2,750,000	2,449
27 Jul 2026	1 bed	642	AED 1,760,000	2,742
22 Jul 2026	1 bed	642	AED 1,680,000	2,616
20 Jul 2026	2 bed	1,056	AED 2,850,000	2,699
15 Jul 2026	1 bed	642	AED 1,830,000	2,851
14 Jul 2026	2 bed	1,123	AED 2,600,000	2,315
13 Jul 2026	2 bed	1,055	AED 3,200,000	3,034
6 Jul 2026	1 bed	644	AED 1,825,000	2,834
6 Jul 2026	2 bed	1,055	AED 2,660,000	2,522
25 Jun 2026	1 bed	642	AED 1,600,000	2,493
25 Jun 2026	2 bed	1,056	AED 2,750,000	2,605
22 Jun 2026	2 bed	1,123	AED 3,000,000	2,671
17 Jun 2026	3 bed	1,663	AED 4,300,000	2,585
17 Jun 2026	1 bed	644	AED 1,268,434	1,970

17 resales in the last 3 months.

Rental contracts

Start	Type	Sqft	Annual rent	AED/sqft	Contract
20 Sept 2026	3 bed	1,663	AED 200,000	120	New
8 Sept 2026	2 bed	1,056	AED 127,000	120	New
1 Sept 2026	1 bed	642	AED 90,000	140	New
1 Sept 2026	2 bed	1,056	AED 130,000	123	New
1 Sept 2026	2 bed	1,103	AED 145,000	132	New
31 Aug 2026	1 bed	644	AED 90,000	140	New
28 Aug 2026	3 bed	1,654	AED 241,297	146	New
25 Aug 2026	1 bed	642	AED 95,000	148	New
25 Aug 2026	2 bed	1,056	AED 165,000	156	New
24 Aug 2026	2 bed	1,123	AED 150,000	134	New
23 Aug 2026	3 bed	1,663	AED 225,000	135	New
23 Aug 2026	2 bed	1,103	AED 130,000	118	New
19 Aug 2026	3 bed	1,936	AED 265,000	137	New
17 Aug 2026	2 bed	1,056	AED 150,000	142	New
15 Aug 2026	2 bed	1,101	AED 130,000	118	New
14 Aug 2026	1 bed	642	AED 120,000	187	New
11 Aug 2026	2 bed	1,123	AED 140,000	125	New
10 Aug 2026	1 bed	642	AED 86,000	134	New
10 Aug 2026	3 bed	1,654	AED 202,281	122	New
10 Aug 2026	3 bed	1,658	AED 210,000	127	New
7 Aug 2026	2 bed	1,103	AED 130,000	118	New
5 Aug 2026	3 bed	1,654	AED 210,000	127	New
1 Aug 2026	1 bed	642	AED 85,000	132	New
1 Aug 2026	2 bed	1,055	AED 133,000	126	New
1 Aug 2026	1 bed	644	AED 85,000	132	New
1 Aug 2026	3 bed	1,654	AED 205,000	124	New
1 Aug 2026	1 bed	642	AED 90,000	140	New
1 Aug 2026	1 bed	642	AED 100,000	156	New
1 Aug 2026	3 bed	1,654	AED 240,000	145	New
25 Jul 2026	1 bed	642	AED 96,000	149	New
25 Jul 2026	3 bed	1,663	AED 211,029	127	New
22 Jul 2026	3 bed	1,654	AED 200,000	121	New
20 Jul 2026	3 bed	1,663	AED 250,000	150	New
16 Jul 2026	1 bed	644	AED 80,000	124	New
15 Jul 2026	2 bed	1,103	AED 140,000	127	New
15 Jul 2026	1 bed	644	AED 80,000	124	New
15 Jul 2026	3 bed	1,663	AED 255,000	153	New
15 Jul 2026	3 bed	1,654	AED 205,000	124	New
14 Jul 2026	2 bed	1,103	AED 145,000	132	New
10 Jul 2026	1 bed	644	AED 80,000	124	New
6 Jul 2026	1 bed	642	AED 97,500	152	New
6 Jul 2026	2 bed	1,103	AED 145,000	132	New
3 Jul 2026	1 bed	642	AED 90,000	140	New
2 Jul 2026	3 bed	1,663	AED 235,000	141	New
1 Jul 2026	2 bed	1,055	AED 150,000	142	New
1 Jul 2026	3 bed	1,654	AED 210,000	127	New
1 Jul 2026	3 bed	1,663	AED 200,000	120	New
1 Jul 2026	1 bed	642	AED 100,000	156	New
1 Jul 2026	3 bed	1,654	AED 200,000	121	New
1 Jul 2026	1 bed	642	AED 95,000	148	New
28 Jun 2026	1 bed	644	AED 80,000	124	New
22 Jun 2026	1 bed	644	AED 90,000	140	New
22 Jun 2026	1 bed	642	AED 90,000	140	New
21 Jun 2026	2 bed	1,123	AED 250,000	223	New
20 Jun 2026	3 bed	1,663	AED 220,000	132	New
19 Jun 2026	1 bed	642	AED 90,000	140	New
15 Jun 2026	2 bed	1,103	AED 135,000	122	New
14 Jun 2026	3 bed	1,663	AED 195,000	117	New
9 Jun 2026	2 bed	1,101	AED 160,000	145	New
8 Jun 2026	2 bed	1,123	AED 150,000	134	New

Showing the 60 most recent of 66 contracts starting on or after 26 May 2026.

Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors: 37
Lifts: 9
Parking bays: 433
Swimming pools: 1

Nearby

Metro: Creek Metro Station
Mall: City Centre Mirdif
Landmark: Dubai International Airport

Compare with nearby buildings

The most-traded buildings in Dubai Creek Harbour, on the same figures over the same window.

Highest rental yields in Dubai Creek Harbour · Palace Residences - North places 39th of 86

The Dubai Creek Residences - South Tower 3 · 4.90%
The Dubai Creek Residences - North Tower 1 · 4.84%
The Dubai Creek Residences - North Podium · 4.46%
The Dubai Creek Residences - South Tower 1 · 4.87%
The Dubai Creek Residences - South Podium · 3.22%
The Dubai Creek Residences - South Tower 2 · 4.97%
The Dubai Creek Residences - North Tower 2 · 8.10%
The Dubai Creek Residences - North Tower 3 · 2.95%

Common questions

What is the rental yield in Palace Residences - North?: Palace Residences - North returns 5.81% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 47 rental contracts registered in the last 24 months.
How much does a 1 bedroom in Palace Residences - North cost?: The median registered sale price is AED 1.70M (2,636 AED/sqft), from 48 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Palace Residences - North selling for right now?: Registered sales of ready units in Palace Residences - North over the last 3 months have a median of 2,680 AED/sqft, across 7 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Palace Residences - North risen or fallen?: Median price per square foot moved +15.1% over the last 12 months against the 12 before it, on 48 registered sales. On a sample this size, read the direction rather than the exact figure.
Does Palace Residences - North earn more short-let than long-let?: A night asks a median of AED 696, which models to 9.50% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities — against 5.81% gross on the registered long lease. Nightly rates are asking rates sampled across the next 12 months, not registered income.

Palace Residences - North