2-bed · 1,337 sqftPalace Beach Residence 1 at Emaar Beachfront, Dubai Harbour · 7th floor · completed 2025

701, Palace Beach Residence 1 at Emaar Beachfront

Sold prices and rental history: sold once, by the developer in October 2021, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 10 July 2025
Last soldAED 3.64M31 October 2021
Current rentAED 215K /yr10 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Palace Beach Residence 1 at Emaar Beachfront

What is 701 worth today?

Last sold for AED 3,637,888 in 2021

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10 Jul 2025RentedNew contract
AED 215,000/yr12 months · AED 161 per sqft
10 Jul 2025RentedNew contract
AED 215,000/yr12 months · AED 161 per sqft
31 Oct 2021Sold by developerOff-plan
AED 3,637,888AED 2,729 per sqft

Source: Dubai Land Department. Updated 10 July 2025.

Key facts

Type
2-bed apartment
Size
1,337 sqft
Floor
7th of 28
Parking
M-59
Developer
Emaar
Completed
2025
Last sold
AED 3.64M · October 2021

About 701, Palace Beach Residence 1 at Emaar Beachfront

701 is a two-bedroom apartment of 1,337 sqft on the 7th floor of Palace Beach Residence 1 at Emaar Beachfront, a 28-storey tower in Dubai Harbour completed in 2025 by Emaar. The developer sold it on 31 October 2021 for AED 3,637,888, or AED 2,729 per sqft, in line with the AED 2,759 two-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 10 July 2025, is AED 215,000 a year: a gross yield of 5.9% on the 2021 price.

Sales and rents for 701 over time

Sales
Unit 701, each saleTypical two-bed in Palace Beach Residence 1 at Emaar Beachfront
4M5M202120232025Typical sale price by year: 2021 AED 3,551,888; 2022 AED 3,666,944; 2023 AED 4,001,000; 2024 AED 3,955,804; 2025 AED 5,000,000Sold by developer, October 2021: AED 3,637,888 (AED 2,729 per sqft)

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

Rents
Unit 701, each contractTypical two-bed in Palace Beach Residence 1 at Emaar Beachfront
220K240K202520262027Typical rent by year: 2025 AED 240,000; 2026 AED 225,000New contract, July 2025: AED 215,000 a yearNew contract, July 2025: AED 215,000 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 Beach Residence 1 at Emaar Beachfront, and where 701 sits

All 48 2-beds →

701 last sold in October 2021 at AED 2,729 per sqft, in line with what two-beds in Palace Beach Residence 1 at Emaar Beachfront were fetching at the time (AED 2,759). Over the last 12 months two-beds sold for AED 5,000,000 to 5,400,000, around AED 4,247 per sqft, and rent for AED 180,000 to 295,000 a year. 701's AED 215,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
31 Jan 20265,400,000
18 Dec 20255,100,000
12 Nov 20255,000,000
15 Sep 20255,000,000
3 2-bed sales in the last 12 months

Palace Beach Residence 1 at Emaar Beachfront

Building

221 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%
Palace Beach Residence 1 at Emaar Beachfront, Dubai Harbour: prices, sales and rents →
Value
7022-bedAED 5M · Sep 2025
7033-bedAED 6.9M · Nov 2025
7041-bedAED 2.7M · Jan 2026
7051-bedAED 2.8M · Jun 2025
7061-bedAED 2.25M · Feb 2026
7071-bedAED 2.08M · Jul 2026
7081-bedAED 2.28M · Jul 2026
1–7 of 8

701, Palace Beach Residence 1 at Emaar Beachfront in numbers

  • Sold once: by Emaar on 31 October 2021 for AED 3,637,888, or AED 2,729 per sqft.
  • Rented since July 2025 on 2 Ejari contracts, at AED 215,000 a year.
  • At AED 215,000 a year the gross yield on the 2021 price is 5.9%.
  • Two-beds in Palace Beach Residence 1 at Emaar Beachfront sold for AED 5,000,000–5,400,000 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 10 July 2025.

Questions about 701, Palace Beach Residence 1 at Emaar Beachfront

What did unit 701 last sell for?

AED 3,637,888 on 31 October 2021, sold by the developer: AED 2,729 per sqft for 1,337 sqft. It is the only registered sale of the unit.

What is the rent for unit 701?

AED 215,000 a year on the contract signed on 10 July 2025. The previous contract, from July 2025, was AED 215,000.

How big is unit 701?

1,337 sqft (124.2 sqm): a two-bedroom apartment on the 7th floor of a 28-storey tower completed in 2025.

What is unit 701 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Palace Beach Residence 1 at Emaar Beachfront sold for AED 5,000,000 to 5,400,000 in the last 12 months, around AED 4,247 per sqft.

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Mortgage on 701, Palace Beach Residence 1 at Emaar Beachfront

Starts from the last sale price (AED 3.64M, 31 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,637,888
Deposit, UAE resident (20%)
AED 727,578
Deposit, non-resident (40%)
AED 1,455,155
Monthly over 25 years at 3.7%
AED 14,884

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