2-bed · 1,096 sqftPalace Residences - North, Dubai Creek Harbour · 5th floor · completed 2027

508, Palace Residences - North

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

Unit 508 · DLD and Ejari recordsUpdated 15 December 2026
Last soldAED 1.82M10 July 2025
Current rentAED 130K /yr15 December 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Palace Residences - North

What is 508 worth today?

Last sold for AED 1,819,888 in 2025

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15 Dec 2026RentedRenewal
AED 130,000/yr12 months · AED 118 per sqft
15 Dec 2025RentedNew contract
AED 165,000/yr12 months · AED 150 per sqft
10 Jul 2025Sold by developerOff-plan
AED 1,819,888AED 1,660 per sqft

Source: Dubai Land Department. Updated 15 December 2026.

Key facts

Type
2-bed apartment
Size
1,096 sqft
Floor
5th of 33
Parking
1
Developer
Emaar
Completed
2027
Last sold
AED 1.82M · July 2025

About 508, Palace Residences - North

508 is a two-bedroom apartment of 1,096 sqft on the 5th 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 1,819,888, or AED 1,660 per sqft, 21% below the AED 2,107 two-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 15 December 2026, is AED 130,000 a year: a gross yield of 7.1% on the 2025 price.

Sales and rents for 508 over time

Sales
Unit 508, each saleTypical two-bed in Palace Residences - North
2M2.5M3M20232024202520262027Typical 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 1,819,888 (AED 1,660 per sqft)

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

Rents
Unit 508, each contractTypical two-bed in Palace Residences - North
140K160K202520262027Typical rent by year: 2025 AED 165,000; 2026 AED 145,000New contract, December 2025: AED 165,000 a yearRenewal, December 2026: AED 130,000 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 508 sits

All 130 2-beds →

508 last sold in July 2025 at AED 1,660 per sqft, 21% 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. 508's AED 130,000 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 5th floor

All 340 units in Palace Residences - North
Value
5011-bedAED 1.3M · Jul 2025
5021-bedAED 1.68M · Feb 2026
5032-bedAED 1.82M · Mar 2023
5043-bedAED 3.45M · Jul 2025
5052-bedAED 2.32M · Jul 2025
5062-bedAED 3.05M · Jan 2026
5073-bedAED 3.46M · Jul 2025
1–7 of 9

508, Palace Residences - North in numbers

  • Sold once: by Emaar on 10 July 2025 for AED 1,819,888, or AED 1,660 per sqft.
  • Rented since December 2025 on 2 Ejari contracts, from AED 165,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2025 price is 7.1%.
  • 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 December 2026.

Questions about 508, Palace Residences - North

What did unit 508 last sell for?

AED 1,819,888 on 10 July 2025, sold by the developer: AED 1,660 per sqft for 1,096 sqft. It is the only registered sale of the unit.

What is the rent for unit 508?

AED 130,000 a year on the contract renewed on 15 December 2026. The previous contract, from December 2025, was AED 165,000.

How big is unit 508?

1,096 sqft (101.8 sqm): a two-bedroom apartment on the 5th floor of a 33-storey tower completed in 2027.

What is unit 508 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 508, Palace Residences - North

Starts from the last sale price (AED 1.82M, 10 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,819,888
Deposit, UAE resident (20%)
AED 363,978
Deposit, non-resident (40%)
AED 727,955
Monthly over 25 years at 3.7%
AED 7,446

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