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Palace Residences - North, Dubai Creek Harbour: photos

Off-planKeys Jun 2027

Palace Residences - North

New homes in Dubai Creek Harbour, by Emaar Properties

New homes in Palace Residences - North start at AED 1,230,000; keys are due Jun 2027; you pay 10% to book, 70% while it is built and 20% at the keys.

Keys
Jun 2027
The developer's handover date
Payment plan
10 / 70 / 20
10% to book, 70% while it is built, 20% at the keys
Bedrooms
1 to 3 beds
Sizes
638 to 1,924 sq ft
Ownership
Freehold
Property types
Apartment, Villa, and Townhouse
Registration fee
4% of the price
Paid to the Dubai Land Department

As of Nov 1, 2026. These details can change; confirm them with the developer before you book.⁠

Dubai Land Department register

From price per sq ft
AED 1,928 per sq ft
At the smallest size listed

We couldn't match this project to the Dubai Land Department project register yet. The developer can give you its RERA project number.⁠

Paying for it

⁠

You pay 10% when you book, 70% as the building goes up, and 20% when you get the keys.

WhenStageShareAmountPaid by then
NowBooking10%AED 123,000+ AED 49,200 DLD feeAED 172,200
Jan 2027While it is built35%AED 430,500AED 602,700
Apr 2027While it is built35%AED 430,500AED 1,033,200
Jun 2027Keys20%AED 246,000AED 1,279,200
Booking payment, 10%
AED 123,000
Dubai Land Department fee (Oqood), 4%
AED 49,200
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 172,200
Total costPrice plus the DLD fee
AED 1,279,200
  • The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
  • Your payments go into the project's escrow account, which RERA watches, not straight to the developer.

A mortgage at the keys

Before you buy

Pay into the project's escrow account only.
Every off-plan project in Dubai must have an escrow account at a bank, watched by RERA. Pay into that account, never to a person. Ask for the account number.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. "Rent and yield" below gives the figure for this project.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.

Is the price fair?

⁠

Dubai Land Department recorded 1,163 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Dubai Creek Harbour, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.

We compare with off-plan sales across Dubai Creek Harbour, as this project isn't on the Dubai Land Department register yet or has too few sales.

Dubai Land Department recorded 1,163 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Dubai Creek Harbour, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.

Median price AED 2,629 per sq ft

AED 2,086 per sq ftAED 3,009 per sq ft

This project AED 1,928 per sq ft, below every sale

Half of the sales sold for AED 2,545 to AED 2,721 per sq ft

The median is the middle sale: half sold for less, half for more.

Show as table
Price per sq ftSales
AED 2,086 to AED 2,202 per sq ft8
AED 2,202 to AED 2,317 per sq ft14
AED 2,317 to AED 2,432 per sq ft69
AED 2,432 to AED 2,548 per sq ft206
AED 2,548 to AED 2,663 per sq ft391
AED 2,663 to AED 2,778 per sq ft308
AED 2,778 to AED 2,894 per sq ft161
AED 2,894 to AED 3,009 per sq ft6

The 3 closest sales

Picked from the 1,163 similar sales above, closest in size to this project's smallest home.

  1. May 2026AED 2,000,000AED 3,009 per sq ftAltus Tower 1, 665 sq ft
  2. Nov 2025AED 1,592,390AED 2,396 per sq ftAltus Tower 1, 665 sq ft
  3. Jul 2026AED 1,400,000AED 2,086 per sq ftAltus Tower 1, 671 sq ft

Off-plan sales only, of the same home type, bedrooms and size band.

What similar homes sold for

⁠

The median price of off-plan homes with the same number of bedrooms that sold in Dubai Creek Harbour in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.

TypeOff-plan medianSalesAgainst similar sales
1-bed apartmentFrom AED 1,230,000 hereOff-plan medianAED 2,014,000AED 2,633 per sq ftSales1,233Price far from 1,163 similar sales
2-bed apartmentOff-plan medianAED 3,290,000AED 2,600 per sq ftSales1,083
3-bed apartmentOff-plan medianAED 4,419,000AED 2,385 per sq ftSales342

Sales from Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.

Rent and yield

Gross yield at the from price⁠Rent ÷ price
8.5%
Net yield at the from price⁠(Rent − service charge) ÷ (price + DLD fee)
7.2%
Typical gross yield of similar ready homes
6.1%
Median rent of 1-bed apartments in Dubai Creek Harbour⁠
AED 105,000 a year
Service charge a year, from the keys⁠The area median, AED 20 per sq ft from 12 buildings, as of 2026, for the smallest home (638 sq ft)
AED 12,687
Rent contracts counted
1,460
Rented between
Apr 1, 2025 and Mar 31, 2026
1-bed apartment
AED 105,000 a year
2-bed apartment
AED 160,000 a year
3-bed apartment
AED 230,000 a year

Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 105,000 ÷ AED 1,230,000 = 8.5%. The home earns nothing until the keys, and new buildings often rent for more than older ones.

We don't take off empty months, management or furnishing. How we work out yields

Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.

On your doorstep

  • Creek Metro Station1.7 km, 3 min driveMetro station
  • Dubai Creek Harbour450 m, 7 min walkWaterfront
  • Swiss International Scientific School in Dubai1.7 km, 3 min driveSchool
  • Cambridge International School3.4 km, 16 min driveBritish school
  • Universal American School2.5 km, 16 min driveAmerican school
  • New Indian Model School3.5 km, 17 min driveIndian school
  • Festival City Mall1.9 km, 4 min driveMall
  • Barraquer Eye Hospital2.8 km, 6 min driveHospital
  • Dubai World Trade Centre6.4 km, 22 min driveOffices
  • Dubai Creek Golf and Yacht Club4.1 km, 8 min driveGolf
  • Playground700 m, 11 min walkPark

Straight-line distance; minutes by road or on foot from OpenStreetMap routing, or estimated where the route is unknown. Places © OpenStreetMap contributors. Stations from the Roads and Transport Authority. School curricula from KHDA.

About Palace Residences - North

Palace Residences - North is an Emaar Properties project of branded apartments and townhouses in Dubai Creek Harbour, from AED 1,230,000 with handover listed for June 2027. Handover is about seven months away and 70% of the price is a construction payment, so ask when it falls due.

The listed handover is June 2027, about seven months from now. The plan is 10% on booking, 70% during construction and 20% at handover, which at the from price is AED 123,000, AED 861,000 and AED 246,000. Ask when the 70% construction payment falls due. Separately, the 4% DLD fee comes to AED 49,200; ask when it is due.

The price check for this project isn't reliable enough to quote. Ask for the price per square foot of the exact unit you are offered. The listing gives one size range for the whole project, 638 to 1,924 sq ft, so ask for the floor plan of that unit too.

The listing describes 335 branded homes under the Palace name: one- to three-bedroom apartments and three-bedroom townhouses on two floors that face the canal. It also tags the project as having villas but describes none, so confirm the home types. Layouts include a walk-in wardrobe, a laundry room and at least one balcony, and the townhouses and three-bedroom apartments add a maid's room.

Shared facilities include an infinity-edge pool, a children's pool, a raised pool deck, a gym and a yoga room. The Creek Harbour waterfront is about 440 m away and the Mediclinic Creek Harbour clinic about 730 m. Creek Metro Station and Swiss International Scientific School in Dubai are each about 1.7 km away, and Universal American School about 2.5 km. Dubai World Trade Centre is about 22 minutes by car.

Floor plans

The developer's plans. Sizes and layouts can change; ask the developer for the plan of the exact unit you're looking at.

  • North – A
  • North – B
  • North – A
  • North – B
  • North – A
  • North – B Townhouse

Palace Residences - North: floor plans

How prices moved

⁠
Median price of 1-bed apartments in Dubai Creek Harbour, over the 12 months to each dateUp 6% from Dec 2024 to Sep 2026.

Dec 2024AED 2,482 per sq ft

Sep 2026AED 2,633 per sq ft

Show as table
12 months toMedian priceSales
Sep 2026AED 2,633 per sq ft1,233 sales
Jun 2026AED 2,621 per sq ft1,341 sales
Mar 2026AED 2,599 per sq ft1,359 sales
Dec 2025AED 2,585 per sq ft1,095 sales
Sep 2025AED 2,544 per sq ft917 sales
Jun 2025AED 2,566 per sq ft1,279 sales
Mar 2025AED 2,524 per sq ft1,104 sales
Dec 2024AED 2,482 per sq ft1,226 sales

Off-plan sales only.

Questions about this project

Who is behind Palace Residences - North?

Emaar Properties. The listing tags it as branded residences under the Palace name.

Can foreigners buy here?

Yes. The project is freehold, so foreign buyers can own their home outright.

What is due before handover?

80% of the price: AED 123,000 on booking and AED 861,000 during construction at the from price, then AED 246,000 at handover. Ask when the construction payment falls due.

How does the price compare with recent sales?

The price check for this project isn't reliable enough to quote. Ask for the price per square foot of your unit.

Which homes have a maid's room?

The townhouses and the three-bedroom apartments, according to the listing.

How far is the metro?

Creek Metro Station is about 1.7 km away on the map, around 3 minutes by car.

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