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Palace Residences - North

A 1 bed in Palace Residences - North costs a median AED 1.74M, rents long-let for AED 95,000/yr (5.5% gross), and returns 8.0% short-term at the assumed 70% occupancy.

Satellite view of Palace Residences - North, Dubai Creek Harbour, Dubai, centred on its registered pin. Apple Maps.
Satellite view of the registered pin · Apple Maps

1 bed · typical price

1.74MAED

AED 2,699/sqft · +10.5% on a year

Rent a year
AED 95,000
Gross yield
5.5%
vs Dubai Creek Harbour
14% above the median
Cost to buy, all inAED 1.85M
Price
AED 1.74M
DLD fee 4%
AED 69,400
Agent 2% + VAT
AED 36,435
Trustee
AED 4,200

Fees repaid by rent14 months

Against this building’s registered sales of the same type.

Ask about Palace Residences - North →

Is Palace Residences - North a good investment?Prices rising, easy to sell and little new supply nearby; the rent pays below the Dubai median; no record of the rent trend

  1. Does it pay a good rent?5.5% gross, before the service charge (not on file) (Dubai median 6.8%)5.5%Watch
  2. Is it easy to let?50% of units signed a yearly lease in 12 months; the typical Dubai Creek Harbour building manages 0%50%Fair
    Dubai Creek Harbour median 0% · top tenth from 52%Palace Residences - North · 50%

    Across 17 Dubai Creek Harbour buildings with 40 or more units, the median signed annual leases on 0% of units in 12 months and the top tenth on 52% or more; Palace Residences - North is at 50%.

  3. Are rents going up?Too few new leases on both sides of the year to measure a changeNo record
  4. Are prices going up?1 bed: AED 2,442/sqft a year ago, 2,699 now+10.5%Strength
  5. How fast do fees pay back?AED 110,035 in fees to buy a 1 bed; rent covers it in 1.2 years1.2 yrs
  6. Can I sell easily?81 sales in 12 months, 24% of the tower (40 the year before)81Strength
  7. Is a lot being built nearby?905 apartments are planned in Dubai Creek Harbour from 2026 to 2028, equal to 15% of the 5,973 homes let there today. Dubai Creek Harbour supply by year →15%Strength
  8. Did earlier buyers gain?Up 26% for launch buyers, before fees+25.5%Context

Readings use published thresholds · 1 bed figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

Palace Residences - North prices and rents by unit typeA one-bed costs about AED 1.74M and rents for about AED 95,000 a year

TypeMedian priceGross yieldNew rent12-month changeSales
1 bed130 units · 643 sqftAED 1.74M2,699/sqftlaunch 2,078 +29.9%5.5%-0.1 ptsAED 95,00063 contracts+10.5%36
2 bed130 units · 1,078 sqftAED 2.80M2,585/sqftlaunch 1,946 +32.8%5.4%-0.0 ptsAED 150,00066 contracts+22.3%35
3 bed80 units · 1,663 sqftAED 4.47M2,631/sqftlaunch 2,190 +20.1%4.9%-0.6 ptsAED 220,00042 contracts+20.4%10
Appreciation, rental income and short-term detail, by unit type

Appreciation

1 bed · price per sqft · Dubai Creek Harbour · area median AED 2,377/sqft

3 years
+29.9% · +9.1%/yr
vs area median
+13.5%
Rank by price per sqft
9th of 74

Rental income

1 bed · Dubai Creek Harbour

Median new rent
AED 95,000/yr
Yield vs area median
-0.1 pts
Yield vs Dubai (6.8%)
-1.3 pts
Yield rank
35th of 56

Short-term income

1 bed · 70% occupancy · 7-night stays

Median nightly rate
AED 696
Net revenue
AED 139,481/yr
vs long-let rent
1.5×
Listings seen
5+

Price history and sales

As filed with the Land Department — data to 2026-10-12.

Sale price, AED (right axis) Rent on new leases, AED a year (left axis)

Median price paid, 1 bed, as a rolling 3-month median, with the rent on new leases on the same basis. The band along the bottom is the number of sales each month.

Chart data, 1 bed: Mar 2023, AED 1,333,388; latest, Oct 2026, AED 1,650,000; peak, Mar 2026, AED 1,810,000. Rent on new leases: Nov 2025, AED 110,000 a year; latest, Oct 2026, AED 83,250.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 2,649 · before fees

Launch, 2023–25
2,110
+26%
3 years ago
2,109
+26%
Previous 12 months
2,317
+14%
Last 12 months
2,649
today

The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.

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

DateTypeSqftPriceAED/sqft
9 Oct 20261 bed644AED 1,600,0002,484
8 Oct 20262 bed1,056AED 2,800,0002,652
30 Sept 20261 bed644AED 1,520,0002,361
29 Sept 20261 bed644AED 1,700,0002,641
25 Sept 20262 bed1,055AED 2,700,0002,560
21 Sept 20261 bed642AED 1,820,0002,836
14 Sept 20262 bed1,056AED 2,920,0002,766
14 Sept 20262 bed1,055AED 2,950,0002,797
2 Sept 20263 bed1,663AED 4,300,0002,585
2 Sept 20261 bed644AED 1,300,8882,020

81 resales in the last 12 months.

Short-term rates around Palace Residences - North

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

70%
TypeNightly, AEDNet revenue at 70%Long-let rentUpliftNet yield
1 bed5+ listings seen6961.08/sqftAED 139,481AED 95,0001.5×8.0%
2 bed500 m cluster · 22+ listings seen8940.83/sqftAED 174,844AED 150,0001.2×6.2%
3 bed500 m cluster · 8+ listings seen9820.58/sqftAED 183,479AED 220,0000.8×4.1%

Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.

Nightly rate through the year

Comparables in Dubai Creek Harbour

Every Dubai Creek Harbour building with a page, ranked by price per sqft over the same 12 months, all unit types. Palace Residences - North places 16th of 104; the nearest 8 are shown.

RankBuildingMedian priceAED/sqftGross yield12-month changeSales
12The Cove II Building 7Completed 2026 · off-plan 2,139/sqftAED 5.65M2,715+2.5%2.6%+11.7%6
13Creek Haven Tower Boff-plan 2,688/sqftAED 1.97M2,688+1.5%——219
14Creek Haven Tower Aoff-plan 2,680/sqftAED 2.80M2,680+1.2%——247
15Lyvia by Palace0% · Q3 2029 · off-plan 2,673/sqftAED 2.93M2,673+0.9%——463
16Palace Residences - North · this buildingCompleted 2025 · off-plan 2,119/sqftAED 2.55M2,6495.5%+14.3%81
17Arlo9% · off-plan 2,650/sqftAED 2.03M2,611-1.4%—-3.6%10
18VIDA Residences at Creek BeachCompleted 2023 · off-plan 1,868/sqftAED 2.92M2,600-1.8%4.6%-1.0%25
19Valia - Toweroff-plan 2,598/sqftAED 2.29M2,598-1.9%——366
20The Cove II Building 9Completed 2026 · off-plan 2,119/sqftAED 2.85M2,550-3.7%5.3%+12.4%11

Rank 1 is the dearest per square foot. Differences are against Palace Residences - North (AED 2,649/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At 1 bed, Palace Residences - North has registered sale prices 14% above the Dubai Creek Harbour median price per square foot of 2,377 AED, across 74 eligible buildings. It ranks 9th of 74 by price per square foot and 35th of 56 by gross yield in Dubai Creek Harbour.

Market context in Dubai Creek Harbour

Registered sales activity

1,285 ready apartment sales in the 12 months to 2026-10-12.

+2.5% in median AED/sqft versus the preceding year, supported by 1,285 current and 1,419 prior price observations.

Explore sales activity

Planned apartment projects

0 known registered units across 0 pending projects planned within one year of the 2026-07-06 register.

0 projects had already passed their planned date; 4 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

905 apartments are planned in Dubai Creek Harbour from 2026 to 2028, equal to 15% of the 5,973 homes let there today.

Ready prices per sqft fell in 27% of 63 buildings (counted once per bedroom type) in Dubai Creek Harbour with sales in both years; the typical one moved +2.7%.

New-lease rents fell in 44% of 16 buildings (counted once per bedroom type) with leases in both years; the typical one moved 0.0%.

How these are counted
Find service-charge budget evidence for Palace Residences - North

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

About Palace Residences - North

Palace Residences - North is an apartment building completed in 2025 by The Lagoons Phase One in Dubai Creek Harbour. 477 sales are registered with the Dubai Land Department.

Pinned from Google's place record for the registered name.Open in Google Maps

The building, as registered

Floors
37
Lifts
9
Parking bays
433
Pools
1
Master developer
The Lagoons Phase One

Drive times · typical

Downtown
22 min · 14 km
DXB Airport
19 min · 15 km
DIFC
18 min · 17 km
Dubai Marina
30 min · 32 km
Palm Jumeirah
36 min · 36 km

Nearest, as registered

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

Palace Residences - North: AED 2,649 per sq ft, 15% above the median Dubai Creek Harbour building, and a 5.5% gross yield, above the area's median building

The building's own figures against its area's registered market, last twelve months.

Price per sq ft

Median registered sale price, AED per sq ft, last 12 months

  1. Palace Residences - NorthAED 2,649
  2. Dubai Creek Harbour, readyAED 2,348
  3. Dubai Creek Harbour, off-planAED 2,616
  4. Dubai, readyAED 1,421
Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Gross yield against the area's buildings

Axis: gross yield, % of price

Palace Residences - NorthDubai Creek Harbour median building

  1. Dubai Creek Harbour5.5% vs 5.3%
Line: the 10th to 90th percentile of 83 buildings in Dubai Creek Harbour. Gross: before service charge, vacancy and fees. Sources: DLD, Ejari.

Upcoming supply in Dubai Creek Harbour, by handover quarter

More from The Lagoons Phase One

Nearby in Dubai Creek Harbour

Prices per sq ft around Palace Residences - North, on the map
Pills show median sale price, AED. 78 buildings pinned from Google place records and Apple geocoding · Palace Residences - North is the inverted pinOpen in Apple Maps

Before you decide

The facts that can change the return, each with the date it rests on.

Rent or buy

What owning a 1 bed here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from Palace Residences - North’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.

Residency
More assumptions

The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.

Monthly mortgage
7,715AED
4.5% over 25 years
Monthly rent
7,917AED
AED 95,000 a year
Cash needed at purchase
477,385AED
20% down plus AED 130,385 in fees

Owning costs AED 315,732 less than renting over 5 years, once the sale is counted.

Buying overtakes renting in year 2.

Cumulative cost by year: renting (solid) against owning net of a sale that year (dashed), at the assumptions above.

Ask about Palace Residences - North

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Common questions

What is the rental yield in Palace Residences - North?
Palace Residences - North returns 5.5% gross: a median new-contract rent of AED 95,000 a year (63 Ejari contracts in 12 months) over a price benchmark of AED 1.74M (median of 36 sales in the last 12 months, latest Oct 2026), before service charge, agency fees or vacant months.
How much does a 1 bedroom in Palace Residences - North cost?
The median registered sale price is AED 1.74M (2,699 AED/sqft), from 36 Dubai Land Department sales in the last 12 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 12 months have a median of 2,699 AED/sqft, across 36 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
Have prices in Palace Residences - North risen or fallen?
Median price per square foot moved +10.5% over the last 12 months against the 12 before it, on 36 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
How does Palace Residences - North compare with Dubai Creek Harbour?
Its 5.5% gross yield sits -0.1 pts against the Dubai Creek Harbour median of 5.6%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.

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Palace Residences - North sale record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
36 registered sales in the last 12 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
Canonical record
/sale/apartments/dubai/dubai-creek-harbour/palace-residences-north
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Palace Residences - North sale prices and yield.” Dubai Creek Harbour, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/dubai-creek-harbour/palace-residences-north

Stable dataJSON