1609, Palace Residences - North
Sold prices and rental history: sold 3 times, last in November 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 1609, Palace Residences - North
What is 1609 worth today?
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Source: Dubai Land Department. Updated 2 March 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 642 sqft
- Floor
- 16th of 33
- Parking
- B2-121
- Developer
- Emaar
- Completed
- 2027
- Last sold
- AED 1.7M · November 2025
- Building
- Palace Residences - North
About 1609, Palace Residences - North
1609 is a one-bedroom apartment of 642 sqft on the 16th floor of Palace Residences - North, a 33-storey tower in Dubai Creek Harbour completed in 2027 by Emaar. It last sold on 27 November 2025 for AED 1,700,000, or AED 2,647 per sqft, 26% above the AED 2,099 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 2 March 2026. The current contract, signed on 2 March 2026, is AED 115,000 a year: a gross yield of 6.8% on the 2025 price.
Sales and rents for 1609 over time
1609 has sold 3 times; the dashed line is the one-bed median of each year in the building.
1-beds in Palace Residences - North, and where 1609 sits
All 130 1-beds →1609 last sold in November 2025 at AED 2,647 per sqft, 26% above what one-beds in Palace Residences - North were fetching at the time (AED 2,099). Over the last 12 months one-beds sold for AED 800,000 to 1,900,000, around AED 2,717 per sqft, and rent for AED 65,351 to 135,000 a year. 1609's AED 115,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Oct 20269 October 2026 | 644 sqft | 1,600,000 | 2,484 | ||
| 29 Sep 202629 September 2026 | 644 sqft | 1,700,000 | 2,641 | ||
| 29 Sep 202629 September 2026 | 644 sqft | 1,520,000 | 2,361 | ||
| 21 Sep 202621 September 2026 | 642 sqft | 1,820,000 | 2,835 |
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 16th floor
All 340 units in Palace Residences - North| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 644 sqft | AED 1.69MAED 1,690,000 · Oct 2025October 2025 | ||
| 1602 | 1-bed | 642 sqft | AED 1.3MAED 1,300,888 · Jul 2025July 2025 | ||
| 1603 | 2-bed | 1,114 sqft | AED 1.78MAED 1,777,888 · Jul 2025July 2025 | ||
| 1604 | 3-bed | 1,644 sqft | AED 3.51MAED 3,506,888 · Mar 2023March 2023 | ||
| 1605 | 2-bed | 1,047 sqft | AED 2.38MAED 2,383,888 · Jul 2025July 2025 | 140,000 /yr | |
| 1606 | 2-bed | 1,050 sqft | AED 2.34MAED 2,343,070 · Jul 2025July 2025 | ||
| 1607 | 3-bed | 1,663 sqft | AED 3.51MAED 3,511,888 · Jul 2025July 2025 | 225,000 /yr | |
| 1608 | 2-bed | 1,098 sqft | AED 2.45MAED 2,450,000 · Apr 2025April 2025 | ||
| 1610 | 1-bed | 639 sqft | AED 1.33MAED 1,331,888 · Mar 2023March 2023 | 80,000 /yr |
1609, Palace Residences - North in numbers
- Sold 3 times: first on 20 March 2023 for AED 1,300,888, last on 27 November 2025 for AED 1,700,000 (AED 2,647 per sqft).
- Rented since March 2026 on one Ejari contract, at AED 115,000 a year.
- At AED 115,000 a year the gross yield on the 2025 price is 6.8%.
- One-beds in Palace Residences - North sold for AED 800,000–1,900,000 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 2 March 2026.
Questions about 1609, Palace Residences - North
What did unit 1609 last sell for?
AED 1,700,000 on 27 November 2025: AED 2,647 per sqft for 642 sqft. The unit has 3 registered sales; the first was AED 1,300,888 in March 2023.
What is the rent for unit 1609?
AED 115,000 a year on the contract signed on 2 March 2026.
How big is unit 1609?
642 sqft (59.6 sqm): a one-bedroom apartment on the 16th floor of a 33-storey tower completed in 2027.
What is unit 1609 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Palace Residences - North sold for AED 800,000 to 1,900,000 in the last 12 months, around AED 2,717 per sqft.
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Mortgage on 1609, Palace Residences - North
Starts from the last sale price (AED 1.7M, 27 November 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,700,000
- Deposit, UAE resident (20%)
- AED 340,000
- Deposit, non-resident (40%)
- AED 680,000
- Monthly over 25 years at 3.7%
- AED 6,955
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →