1609, Palace Beach Residence 1 at Emaar Beachfront
Sold prices and rental history: sold twice, last in November 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1609, Palace Beach Residence 1 at Emaar Beachfront
What is 1609 worth today?
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Source: Dubai Land Department. Updated 7 March 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 867 sqft
- Floor
- 16th of 28
- Parking
- 1
- Developer
- Emaar
- Completed
- 2025
- Last sold
- AED 2.6M · November 2023
About 1609, Palace Beach Residence 1 at Emaar Beachfront
1609 is a one-bedroom apartment of 867 sqft on the 16th floor of Palace Beach Residence 1 at Emaar Beachfront, a 28-storey tower in Dubai Harbour completed in 2025 by Emaar. It last sold on 17 November 2023 for AED 2,601,000, or AED 2,998 per sqft, in line with the AED 3,001 one-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 7 March 2026, is AED 148,000 a year: a gross yield of 5.7% on the 2023 price.
Sales and rents for 1609 over time
1609 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Palace Beach Residence 1 at Emaar Beachfront, and where 1609 sits
All 144 1-beds →1609 last sold in November 2023 at AED 2,998 per sqft, in line with what one-beds in Palace Beach Residence 1 at Emaar Beachfront were fetching at the time (AED 3,001). Over the last 12 months one-beds sold for AED 2,075,000 to 3,150,000, around AED 3,167 per sqft, and rent for AED 71,400 to 300,000 a year. 1609's AED 148,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 870 sqft | 2,520,000 | 2,895 | ||
| 13 Aug 202613 August 2026 | 726 sqft | 2,300,000 | 3,167 | ||
| 22 Jul 202622 July 2026 | 857 sqft | 2,280,000 | 2,660 | ||
| 21 Jul 202621 July 2026 | 726 sqft | 2,075,000 | 2,857 |
Palace Beach Residence 1 at Emaar Beachfront
Building221 apartments, 1-bed to 4-bed over 28 floors in Dubai Harbour, completed in 2025 by Emaar. 35 sold in the last 12 months.
- Typical price per sqft
- AED 3,267 Down 1.1%
- Typical sale
- AED 2.8M
- Typical rent
- AED 140K /yr
- Typical yield
- 5.1%
Other units on the 16th floor
All 221 units in Palace Beach Residence 1 at Emaar Beachfront| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,333 sqft | AED 3.25MAED 3,248,421 · Nov 2024November 2024 | 240,000 /yr | |
| 1602 | 2-bed | 400 sqft | AED 3.15MAED 3,145,601 · Oct 2024October 2024 | 230,000 /yr | |
| 1603 | 3-bed | 1,918 sqft | AED 6.5MAED 6,500,000 · Oct 2026October 2026 | ||
| 1604 | 1-bed | 850 sqft | AED 2.55MAED 2,552,000 · Nov 2023November 2023 | ||
| 1605 | 1-bed | 852 sqft | AED 2.56MAED 2,558,000 · Nov 2023November 2023 | ||
| 1606 | 1-bed | 732 sqft | AED 2.35MAED 2,350,000 · Oct 2024October 2024 | 125,000 /yr | |
| 1607 | 1-bed | 732 sqft | AED 2.2MAED 2,198,000 · Nov 2023November 2023 | ||
| 1608 | 1-bed | 857 sqft | AED 3.15MAED 3,150,000 · Jun 2026June 2026 | 140,000 /yr |
1609, Palace Beach Residence 1 at Emaar Beachfront in numbers
- Sold twice: first on 15 July 2021 for AED 1,812,821, last on 17 November 2023 for AED 2,601,000 (AED 2,998 per sqft).
- Rented since July 2025 on 2 Ejari contracts, from AED 165,000 to AED 148,000 a year.
- At AED 148,000 a year the gross yield on the 2023 price is 5.7%.
- One-beds in Palace Beach Residence 1 at Emaar Beachfront sold for AED 2,075,000–3,150,000 in the 12 months to November 2026; the building's median across all types is AED 3,267 per sqft.
Source: Dubai Land Department. Updated 7 March 2026.
Questions about 1609, Palace Beach Residence 1 at Emaar Beachfront
What did unit 1609 last sell for?
AED 2,601,000 on 17 November 2023: AED 2,998 per sqft for 867 sqft. The unit has 2 registered sales; the first was AED 1,812,821 in July 2021.
What is the rent for unit 1609?
AED 148,000 a year on the contract signed on 7 March 2026. The previous contract, from July 2025, was AED 165,000.
How big is unit 1609?
867 sqft (80.5 sqm): a one-bedroom apartment on the 16th floor of a 28-storey tower completed in 2025.
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 Beach Residence 1 at Emaar Beachfront sold for AED 2,075,000 to 3,150,000 in the last 12 months, around AED 3,167 per sqft.
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Mortgage on 1609, Palace Beach Residence 1 at Emaar Beachfront
Starts from the last sale price (AED 2.6M, 17 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,601,000
- Deposit, UAE resident (20%)
- AED 520,200
- Deposit, non-resident (40%)
- AED 1,040,400
- Monthly over 25 years at 3.7%
- AED 10,641
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →