506, Palace Residences - North
Sold prices and rental history: sold twice, last in January 2026, and rented once, from February 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Palace Residences - North
What is 506 worth today?
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Source: Dubai Land Department. Updated 24 February 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,055 sqft
- Floor
- 5th of 33
- Parking
- B2-086
- Developer
- Emaar
- Completed
- 2027
- Last sold
- AED 3.05M · January 2026
- Building
- Palace Residences - North
About 506, Palace Residences - North
506 is a two-bedroom apartment of 1,055 sqft on the 5th floor of Palace Residences - North, a 33-storey tower in Dubai Creek Harbour completed in 2027 by Emaar. It last sold on 9 January 2026 for AED 3,050,000, or AED 2,891 per sqft, 34% above the AED 2,156 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 24 February 2026. The current contract, signed on 24 February 2026, is AED 175,000 a year: a gross yield of 5.7% on the 2026 price.
Sales and rents for 506 over time
506 has sold twice; 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 506 sits
All 130 2-beds →506 last sold in January 2026 at AED 2,891 per sqft, 34% above what two-beds in Palace Residences - North were fetching at the time (AED 2,156). 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. 506's AED 175,000 is in the lower 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 5th floor
All 340 units in Palace Residences - North| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 639 sqft | AED 1.3MAED 1,303,888 · Jul 2025July 2025 | ||
| 502 | 1-bed | 642 sqft | AED 1.68MAED 1,680,000 · Feb 2026February 2026 | ||
| 503 | 2-bed | 1,112 sqft | AED 1.82MAED 1,824,888 · Mar 2023March 2023 | ||
| 504 | 3-bed | 1,644 sqft | AED 3.45MAED 3,453,888 · Jul 2025July 2025 | ||
| 505 | 2-bed | 1,047 sqft | AED 2.32MAED 2,324,409 · Jul 2025July 2025 | ||
| 507 | 3-bed | 1,654 sqft | AED 3.46MAED 3,458,888 · Jul 2025July 2025 | 255,000 /yr | |
| 508 | 2-bed | 1,096 sqft | AED 1.82MAED 1,819,888 · Jul 2025July 2025 | 130,000 /yr | |
| 509 | 1-bed | 642 sqft | AED 1.34MAED 1,338,888 · Jul 2025July 2025 | ||
| 510 | 1-bed | 644 sqft | AED 1.29MAED 1,290,849 · Jul 2025July 2025 |
506, Palace Residences - North in numbers
- Sold twice: first on 10 July 2025 for AED 2,241,888, last on 9 January 2026 for AED 3,050,000 (AED 2,891 per sqft).
- Rented since February 2026 on one Ejari contract, at AED 175,000 a year.
- At AED 175,000 a year the gross yield on the 2026 price is 5.7%.
- 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 24 February 2026.
Questions about 506, Palace Residences - North
What did unit 506 last sell for?
AED 3,050,000 on 9 January 2026: AED 2,891 per sqft for 1,055 sqft. The unit has 2 registered sales; the first was AED 2,241,888 in July 2025.
What is the rent for unit 506?
AED 175,000 a year on the contract signed on 24 February 2026.
How big is unit 506?
1,055 sqft (98.0 sqm): a two-bedroom apartment on the 5th floor of a 33-storey tower completed in 2027.
What is unit 506 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 506, Palace Residences - North
Starts from the last sale price (AED 3.05M, 9 January 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 3,050,000
- Deposit, UAE resident (20%)
- AED 610,000
- Deposit, non-resident (40%)
- AED 1,220,000
- Monthly over 25 years at 3.7%
- AED 12,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →