What is the rental yield in Palace Beach Residence Tower 1?

Palace Beach Residence Tower 1 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 140 rental contracts registered in the last 24 months.

How much does a 1 bedroom in Palace Beach Residence Tower 1 cost?

The median registered sale price is AED 2.64M (3,193 AED/sqft), from 52 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

What are apartments in Palace Beach Residence Tower 1 selling for right now?

Registered sales of ready units in Palace Beach Residence Tower 1 over the last 3 months have a median of 3,167 AED/sqft, across 5 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 Beach Residence Tower 1 risen or fallen?

Median price per square foot moved -2.0% over the last 12 months against the 12 before it, on 52 registered sales. On a sample this size, read the direction rather than the exact figure.

How does Palace Beach Residence Tower 1 compare with Dubai Harbour?

Its 5.81% gross yield sits -0.4 pts against the Dubai Harbour median of 6.24%, computed at the same bedroom grain over the same 24-month window.

Palace Beach Residence Tower 1 — rental prices & yield

Buy: 2.64MAED; AED 3,167/sqft
Long-let: 133,700AED; AED 165/sqft · 5.81%
Short-let: 8.80%; AED 997/night · 1.21/sqft

Price per sqft: Median of 5 registered sales of ready units in the last 3 months, most recent August 2026.

Priced off 5 sales in the last 3 months.

Yield spread: -0.4 pts; vs the Dubai Harbour median for this unit type
Turnover upside: +9.1%; new tenants pay more than sitting ones — 6 renewals
AED/yr/sqft: AED 165
Sales: 52
Rental contracts: 140
Renewal rent: AED 122,500/yr

12 months: -7.1%

Based on 52 sales and 140 rental contracts in the last 24 months. Rental data covers the whole Palace Beach Residence project, not this tower alone.

Palace Beach Residence Tower 1 is an apartment building in Dubai Harbour, Dubai, one of the towers in the Palace Beach Residence development. Land Department records for it run from 2021 to 2026, 862 registered sales in all — the 52 in the last 24 months are what every median above is computed from.

Rent history

Median annual rent per sqft registered in Palace Beach Residence Tower 1, by year.

Monthly median AED per sqft per year, smoothed over three months. The band along the bottom is the number of records each month.

Rents by bedroom type

Type	Median rent	AED/yr/sqft	Yield	Contracts
1 bed	AED 133,700	165	5.81% -0.4 pts	140
2 bed	AED 220,000	175	4.40% -1.3 pts	85
3 bed	AED 355,000	189	5.14% -0.5 pts	28
4+ bed	AED 570,000	228	—	3

Deltas compare each yield with the Dubai 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 Beach Residence Tower 1

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	997	1.21	AED 232,145	AED 133,700	1.7×	8.80%	10+
2 bed500m	1,192	0.92	AED 272,426	AED 220,000	1.2×	5.72%	17+
4+ bed	3,696	0.55	AED 799,393	AED 570,000	1.4×	3.53%	2+

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 Beach Residence Tower 1 itself had too few listings of that type to measure.

Recent transactions

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

39 resales in the last 12 months, against 58 a year on average over 2023–2025.

Sales

Date	Type	Sqft	Price	AED/sqft
26 Aug 2026	4+ bed	6,711	AED 22,650,000	3,375
13 Aug 2026	1 bed	726	AED 2,300,000	3,168
10 Aug 2026	3 bed	1,918	AED 5,744,000	2,995
22 Jul 2026	1 bed	857	AED 2,280,000	2,661
21 Jul 2026	1 bed	726	AED 2,075,000	2,858
2 Jul 2026	3 bed	1,918	AED 7,600,000	3,962
18 Jun 2026	1 bed	857	AED 3,150,000	3,676
9 Jun 2026	1 bed	726	AED 2,300,000	3,167

8 resales in the last 3 months.

Rental contracts

The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.

Compare with nearby buildings

The most-traded buildings in Palace Beach Residence, on the same figures over the same window.

Highest rental yields in Dubai Harbour · Palace Beach Residence Tower 1 places 7th of 15

Palace Beach Residence Tower 2 · 6.08%
Palace Beach Residence Podium · 2.19%
Marina Vista Podium · 2.50%
Marina Vista Tower 2 · 3.65%
Marina Vista Tower 1 · 6.89%
Grand Bleu Tower interiors by Elie Saab Tower 2 · 4.49%
Grand Bleu Tower interiors by Elie Saab Tower 1 · 4.80%
BEACH VISTA Podium · 6.25%

Common questions

What is the rental yield in Palace Beach Residence Tower 1?: Palace Beach Residence Tower 1 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 140 rental contracts registered in the last 24 months.
How much does a 1 bedroom in Palace Beach Residence Tower 1 cost?: The median registered sale price is AED 2.64M (3,193 AED/sqft), from 52 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Palace Beach Residence Tower 1 selling for right now?: Registered sales of ready units in Palace Beach Residence Tower 1 over the last 3 months have a median of 3,167 AED/sqft, across 5 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 Beach Residence Tower 1 risen or fallen?: Median price per square foot moved -2.0% over the last 12 months against the 12 before it, on 52 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Palace Beach Residence Tower 1 compare with Dubai Harbour?: Its 5.81% gross yield sits -0.4 pts against the Dubai Harbour median of 6.24%, computed at the same bedroom grain over the same 24-month window.

Palace Beach Residence Tower 1