Palace Beach Residence Tower 2
A 2 bed in Palace Beach Residence Tower 2 costs a median AED 4.45M, rents long-let for AED 220,000/yr (5.30% gross), and returns 5.90% short-let at the assumed 80% occupancy — -0.5 pts vs Dubai Harbour's 5.75% and -1.7 pts vs Dubai's 6.98% — from 30 sales and 85 rental contracts registered in the last 24 months through 26 Aug 2026.
- Registered data
- Sales · 2 bed
- 12 in 12 months
- Rental contracts · 2 bed
- 70 in 12 months
- Buy
- 4.45MAED
- AED 3,837/sqft
- Long-let
- 220,000AED
- AED 175/sqft · 5.30%
- Short-let
- 5.90%
- AED 1,145/night · 0.96/sqft
Price per sqft: Median of 12 registered sales of ready units in the last 12 months, most recent August 2026.
Priced off 3 sales in the last 3 months.
- Yield spread
- -0.5 pts
- vs the Dubai Harbour median for this unit type
- AED/yr/sqft
- AED 175
- Sales
- 30
- Rental contracts
- 85
- Renewal rent
- AED 235,000/yr
- 12 months
- -10.6%
Based on 30 sales and 85 rental contracts in the last 24 months. Rental data covers the whole Palace Beach Residence project, not this tower alone.
Palace Beach Residence Tower 2 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, 1,264 registered sales in all — the 30 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 2, by year.
Chart data: Apr 2025, 187 AED/yr/sqft; latest, Aug 2026, 154 AED/yr/sqft; peak, Jan 2026, 198 AED/yr/sqft.
Rents by bedroom type
Deltas compare each yield with the Dubai Harbour median for the same unit type. How these yields are computed
How these yields are computed
Short-let rates around Palace Beach Residence Tower 2
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
How short-let rates are measured
Net revenue assumes 80% occupancy — an assumption, not a measurement.
What the net revenue deducts
Recent transactions
As filed with the Land Department — data to 2026-08-26.
32 resales in the last 12 months, against 74 a year on average over 2023–2025.
Sales
7 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 2 places 6th of 15
- Palace Beach Residence Tower 1 · 6.02%
- Palace Beach Residence Podium · 2.19%
- Marina Vista Tower 1 · 6.89%
- Marina Vista Podium · 2.50%
- Marina Vista Tower 2 · 3.65%
- 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 2?
- Palace Beach Residence Tower 2 returns 5.30% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 85 rental contracts registered in the last 24 months.
- How much does a 2 bedroom in Palace Beach Residence Tower 2 cost?
- The median registered sale price is AED 4.45M (3,734 AED/sqft), from 30 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 2 selling for right now?
- Registered sales of ready units in Palace Beach Residence Tower 2 over the last 12 months have a median of 3,837 AED/sqft, across 12 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 2 risen or fallen?
- Median price per square foot moved +8.3% over the last 12 months against the 12 before it, on 30 registered sales. On a sample this size, read the direction rather than the exact figure.
- How does Palace Beach Residence Tower 2 compare with Dubai Harbour?
- Its 5.30% gross yield sits -0.5 pts against the Dubai Harbour median of 5.75%, computed at the same bedroom grain over the same 24-month window.
Palace Beach Residence Tower 2 rental record
- Record type
- Building-level property market record
- Data date
- Evidence base
- 85 registered rental contracts in the trailing 24 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
Cite as: Dubai Wealth Index. “Palace Beach Residence Tower 2 rents and yield.” Dubai Harbour, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/rent/apartments/dubai/dubai-harbour/palace-beach-residence-tower-2.
Stable dataJSON
Where this data stops
Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.