Palace Beach Residence, Dubai Harbour: sale prices and transactions
Palace Beach Residence is a project registered with the Dubai Land Department (project no. 2240) in Dubai Harbour. Since May 2021, 1,079 residential sales have been registered there, the latest in October 2026. Over the last 12 months, 67 sales closed at a median AED 38,670 per m² (AED 3,593 per sq ft).
- AED 38,670median price per m²
- AED 3,593median price per sq ft
- 1,079sales since 2021
- 67sales in 12 months
- +2.6%change year on year
Its price per m² is 11.3% below the Dubai Harbour median (AED 43,584/m²). Most sales (88.7%) were registered off-plan: the project was sold before completion.
Palace Beach Residence prices by bedroom
Median sale price and median size, DLD sales over the last 12 months (at least 3 sales per row).
| Unit type | Sales | Median price | Median size |
|---|---|---|---|
| Apartment · 1 bedroom | 40 | AED 2,650,000 | 74 m² |
| Apartment · 2 bedrooms | 13 | AED 4,950,000 | 112 m² |
| Apartment · 3 bedrooms | 11 | AED 6,950,000 | 178 m² |
| Apartment · 4 bedrooms | 3 | AED 22,650,000 | 423 m² |
Palace Beach Residence price history
| Year | Sales | Median / m² | Median / sq ft | Change |
|---|---|---|---|---|
| 2021 | 507 | AED 26,383 | AED 2,451 | — |
| 2022 | 131 | AED 30,335 | AED 2,818 | +15% |
| 2023 | 191 | AED 32,463 | AED 3,016 | +7% |
| 2024 | 123 | AED 33,487 | AED 3,111 | +3.2% |
| 2025 | 85 | AED 39,173 | AED 3,639 | +17% |
| 2026 (to mid-October) | 42 | AED 36,403 | AED 3,382 | -7.1% |
Palace Beach Residence rents
242 Ejari contracts started in the project over the last 12 months. Indicative gross yield: 1 bedroom 4.7%, 2 bedrooms 4.1%, 3 bedrooms 5%.
| Unit type | Contracts | Median annual rent | Middle 50% range | New leases |
|---|---|---|---|---|
| Apartment · 1 bedroom | 135 | AED 125,000 | 115,000 – 140,000 | AED 125,000 |
| Apartment · 2 bedrooms | 78 | AED 204,725 | 183,750 – 231,250 | AED 200,000 |
| Apartment · 3 bedrooms | 25 | AED 350,000 | 300,000 – 440,000 | AED 345,000 |
Buildings recorded in sales
- Palace Beach Residence Tower 2
- Palace Beach Residence Tower 1
- Palace Beach Residence Podium
Neighbouring projects in Dubai Harbour
Same price per m² elsewhere in Dubai
- The 8, Palm Jumeirah — AED 38,587/m²
- Port de La Mer - Le Soleil, La Mer — AED 38,765/m²
- City Walk Crestlane 2, City Walk — AED 38,567/m²
- Maybach Six, Meydan Racecourse Community — AED 38,792/m²
Other projects in Dubai Harbour
- Grand Bleu Tower interiors by Elie Saab — AED 39,933/m²
- Beach Isle — AED 37,178/m²
- Beach Vista — AED 36,779/m²
- DAMAC Bay — AED 36,723/m²
- Beach Mansion — AED 34,922/m²
- Dubai Harbour Residences (Area 3) — AED 42,746/m²
- Marina Vista — AED 34,054/m²
- Address The Bay — AED 43,950/m²
Dubai Harbour property prices · Dubai Harbour rents · Dubai property prices
Frequently asked questions
What is the price per sq ft at Palace Beach Residence?
Over the last 12 months the median is AED 3,593 per sq ft (AED 38,670 per m²) across 67 DLD sales.
How much is a 1 bedroom at Palace Beach Residence?
Median sale price AED 2,650,000 for a median 74 m², across 40 sales over the last 12 months.
How many sales have been registered at Palace Beach Residence?
1,079 residential sales registered with the DLD between May 2021 and October 2026, 88.7% of them off-plan.
Where is Palace Beach Residence?
In Dubai Harbour (DLD area Marsa Dubai), Dubai.
Sources and method
Sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), registered residential sales (apartments, villas and townhouses) from October 16, 2025 to October 16, 2026 for the last 12 months. Price per m² = sale price / registered area; we use the median, which is less sensitive to unusual deals. 1 m² = 10.764 sq ft.
Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), single-unit residential contracts starting between October 20, 2025 and October 20, 2026, median annual rent. The gross yield shown is the median rent divided by the median price of the same unit type: a market benchmark, before service charges and vacancy.
Data published under the Dubai Open Data Licence, downloaded on 20 October 2026 and analysed by Cevitas Real Estate. They describe past transactions and are not a valuation or investment advice.