1206, Palace Residences - North
Sold prices and rental history: sold once, by the developer in July 2025, and rented once, from March 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1206, Palace Residences - North
What is 1206 worth today?
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Source: Dubai Land Department. Updated 1 March 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,050 sqft
- Floor
- 12th of 33
- Parking
- 1
- Developer
- Emaar
- Completed
- 2027
- Last sold
- AED 2.49M · July 2025
- Building
- Palace Residences - North
About 1206, Palace Residences - North
1206 is a two-bedroom apartment of 1,050 sqft on the 12th floor of Palace Residences - North, a 33-storey tower in Dubai Creek Harbour completed in 2027 by Emaar. The developer sold it on 10 July 2025 for AED 2,492,888, or AED 2,374 per sqft, 13% above the AED 2,107 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 March 2026. The current contract, signed on 1 March 2026, is AED 185,000 a year: a gross yield of 7.4% on the 2025 price.
Sales and rents for 1206 over time
1206 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Palace Residences - North, and where 1206 sits
All 130 2-beds →1206 last sold in July 2025 at AED 2,374 per sqft, 13% above what two-beds in Palace Residences - North were fetching at the time (AED 2,107). Over the last 12 months two-beds sold for AED 2,350,000 to 3,200,000, around AED 2,594 per sqft, and rent for AED 119,668 to 250,000 a year. 1206's AED 185,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 1,103 sqft | 2,800,000 | 2,539 | ||
| 20 Oct 202620 October 2026 | 1,056 sqft | 3,100,000 | 2,936 | ||
| 8 Oct 20268 October 2026 | 1,056 sqft | 2,800,000 | 2,651 | ||
| 25 Sep 202625 September 2026 | 1,055 sqft | 2,700,000 | 2,559 |
Palace Residences - North
Building340 apartments, 1-bed to 3-bed over 33 floors in Dubai Creek Harbour, completed in 2027 by Emaar. 80 sold in the last 12 months.
- Typical price per sqft
- AED 2,650 Up 25.0%
- Typical sale
- AED 2.6M
- Typical rent
- AED 140K /yr
- Typical yield
- 5.3%
Other units on the 12th floor
All 340 units in Palace Residences - North| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 639 sqft | AED 1.32MAED 1,321,888 · Jul 2025July 2025 | ||
| 1202 | 1-bed | 642 sqft | AED 1.36MAED 1,356,888 · Jul 2025July 2025 | ||
| 1203 | 2-bed | 1,114 sqft | AED 1.85MAED 1,854,888 · Jul 2025July 2025 | ||
| 1204 | 3-bed | 1,644 sqft | AED 3.65MAED 3,654,888 · Jul 2025July 2025 | 225,000 /yr | |
| 1205 | 2-bed | 1,047 sqft | AED 2.49MAED 2,485,888 · Jul 2025July 2025 | 145,000 /yr | |
| 1207 | 3-bed | 1,654 sqft | AED 3.66MAED 3,660,888 · Jul 2025July 2025 | ||
| 1208 | 2-bed | 1,103 sqft | AED 3.1MAED 3,100,000 · Mar 2026March 2026 | ||
| 1209 | 1-bed | 642 sqft | AED 1.36MAED 1,356,888 · Jul 2025July 2025 | ||
| 1210 | 1-bed | 639 sqft | AED 1.32MAED 1,321,888 · Jul 2025July 2025 |
1206, Palace Residences - North in numbers
- Sold once: by Emaar on 10 July 2025 for AED 2,492,888, or AED 2,374 per sqft.
- Rented since March 2026 on one Ejari contract, at AED 185,000 a year.
- At AED 185,000 a year the gross yield on the 2025 price is 7.4%.
- Two-beds in Palace Residences - North sold for AED 2,350,000–3,200,000 in the 12 months to November 2026; the building's median across all types is AED 2,650 per sqft.
Source: Dubai Land Department. Updated 1 March 2026.
Questions about 1206, Palace Residences - North
What did unit 1206 last sell for?
AED 2,492,888 on 10 July 2025, sold by the developer: AED 2,374 per sqft for 1,050 sqft. It is the only registered sale of the unit.
What is the rent for unit 1206?
AED 185,000 a year on the contract signed on 1 March 2026.
How big is unit 1206?
1,050 sqft (97.5 sqm): a two-bedroom apartment on the 12th floor of a 33-storey tower completed in 2027.
What is unit 1206 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Palace Residences - North sold for AED 2,350,000 to 3,200,000 in the last 12 months, around AED 2,594 per sqft.
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Mortgage on 1206, Palace Residences - North
Starts from the last sale price (AED 2.49M, 10 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,492,888
- Deposit, UAE resident (20%)
- AED 498,578
- Deposit, non-resident (40%)
- AED 997,155
- Monthly over 25 years at 3.7%
- AED 10,199
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →