2-bed · 1,098 sqftPalace Residences - North, Dubai Creek Harbour · 14th floor · completed 2027

1408, Palace Residences - North

Sold prices and rental history: sold once, by the developer in July 2025, and rented once, from July 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1408 · DLD and Ejari recordsUpdated 15 July 2026
Last soldAED 1.86M10 July 2025
Current rentAED 140K /yr15 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1408, Palace Residences - North

What is 1408 worth today?

Last sold for AED 1,855,888 in 2025

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15 Jul 2026RentedNew contract
AED 140,000/yr12 months · AED 128 per sqft
10 Jul 2025Sold by developerOff-plan
AED 1,855,888AED 1,689 per sqft

Source: Dubai Land Department. Updated 15 July 2026.

Key facts

Type
2-bed apartment
Size
1,098 sqft
Floor
14th of 33
Parking
1
Developer
Emaar
Completed
2027
Last sold
AED 1.86M · July 2025

About 1408, Palace Residences - North

1408 is a two-bedroom apartment of 1,098 sqft on the 14th 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 1,855,888, or AED 1,689 per sqft, 20% below the AED 2,107 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 July 2026. The current contract, signed on 15 July 2026, is AED 140,000 a year: a gross yield of 7.5% on the 2025 price.

Sales and rents for 1408 over time

Sales
Unit 1408, each saleTypical two-bed in Palace Residences - North
2M2.5M20232024202520262027Typical sale price by year: 2023 AED 1,903,888; 2024 AED 2,150,000; 2025 AED 2,300,444; 2026 AED 2,825,000Sold by developer, July 2025: AED 1,855,888 (AED 1,689 per sqft)

1408 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1408, each contractTypical two-bed in Palace Residences - North
140K160K202520262027Typical rent by year: 2025 AED 165,000; 2026 AED 145,000New contract, July 2026: AED 140,000 a year

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 1408 sits

All 130 2-beds →

1408 last sold in July 2025 at AED 1,689 per sqft, 20% below 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. 1408's AED 140,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Oct 20262,800,000
20 Oct 20263,100,000
8 Oct 20262,800,000
25 Sep 20262,700,000
36 2-bed sales in the last 12 months

Palace Residences - North

Building

340 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%
Palace Residences - North, Dubai Creek Harbour: prices, sales and rents →

Other units on the 14th floor

All 340 units in Palace Residences - North
Value
14011-bedAED 1.8M · Feb 2026
14021-bedAED 1.75M · Dec 2025
14032-bedAED 3.2M · Feb 2026
14043-bedAED 3.67M · Feb 2024
14052-bedAED 2.37M · Jul 2025
14062-bedAED 2.38M · Jul 2025
14073-bedAED 3.67M · Jul 2025
1–7 of 9

1408, Palace Residences - North in numbers

  • Sold once: by Emaar on 10 July 2025 for AED 1,855,888, or AED 1,689 per sqft.
  • Rented since July 2026 on one Ejari contract, at AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2025 price is 7.5%.
  • 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 15 July 2026.

Questions about 1408, Palace Residences - North

What did unit 1408 last sell for?

AED 1,855,888 on 10 July 2025, sold by the developer: AED 1,689 per sqft for 1,098 sqft. It is the only registered sale of the unit.

What is the rent for unit 1408?

AED 140,000 a year on the contract signed on 15 July 2026.

How big is unit 1408?

1,098 sqft (102.0 sqm): a two-bedroom apartment on the 14th floor of a 33-storey tower completed in 2027.

What is unit 1408 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 1408, Palace Residences - North

Starts from the last sale price (AED 1.86M, 10 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,855,888
Deposit, UAE resident (20%)
AED 371,178
Deposit, non-resident (40%)
AED 742,355
Monthly over 25 years at 3.7%
AED 7,593

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →