2-bed · 1,152 sqftPalace Beach Residence 2 at Emaar Beachfront, Dubai Harbour · 16th floor · completed 2025

1603, Palace Beach Residence 2 at Emaar Beachfront

Sold prices and rental history: sold twice, last in January 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 15 January 2024
Last soldAED 4.3M15 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, Palace Beach Residence 2 at Emaar Beachfront

What is 1603 worth today?

Last sold for AED 4,300,000 in 2024

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15 Jan 2024SoldOff-plan
AED 4,300,000AED 3,733 per sqft
14 Jul 2021Sold by developerOff-plan
AED 3,178,144AED 2,759 per sqft

Source: Dubai Land Department. Updated 15 January 2024.

Key facts

Type
2-bed apartment
Size
1,152 sqft
Floor
16th of 42
Parking
1
Developer
Emaar
Completed
2025
Last sold
AED 4.3M · January 2024

About 1603, Palace Beach Residence 2 at Emaar Beachfront

1603 is a two-bedroom apartment of 1,152 sqft on the 16th floor of Palace Beach Residence 2 at Emaar Beachfront, a 42-storey tower in Dubai Harbour completed in 2025 by Emaar. It last sold on 15 January 2024 for AED 4,300,000, or AED 3,733 per sqft, 14% above the AED 3,269 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1603 over time

Sales
Unit 1603, each saleTypical two-bed in Palace Beach Residence 2 at Emaar Beachfront
3M4M2021202320252027Typical sale price by year: 2021 AED 3,235,948; 2022 AED 3,809,510; 2023 AED 3,925,000; 2024 AED 4,150,000; 2025 AED 4,600,000; 2026 AED 4,400,000Sold by developer, July 2021: AED 3,178,144 (AED 2,759 per sqft)Sold, January 2024: AED 4,300,000 (AED 3,733 per sqft)

1603 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1603, each contractTypical two-bed in Palace Beach Residence 2 at Emaar Beachfront
190K195K200K202520262027Typical rent by year: 2025 AED 200,000; 2026 AED 190,000

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 2 at Emaar Beachfront, and where 1603 sits

All 130 2-beds →

1603 last sold in January 2024 at AED 3,733 per sqft, 14% above what two-beds in Palace Beach Residence 2 at Emaar Beachfront were fetching at the time (AED 3,269). Over the last 12 months two-beds sold for AED 3,950,000 to 5,350,000, around AED 3,830 per sqft, and rent for AED 135,000 to 270,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Oct 20264,350,000
8 Oct 20264,600,000
13 Aug 20264,400,000
26 Jun 20264,150,000
9 2-bed sales in the last 12 months

Palace Beach Residence 2 at Emaar Beachfront

Building

322 apartments, 1-bed to 6-bed over 42 floors in Dubai Harbour, completed in 2025 by Emaar. 28 sold in the last 12 months.

Typical price per sqft
AED 3,641 Down 2.0%
Typical sale
AED 3.48M
Typical rent
AED 155K /yr
Typical yield
4.3%
Palace Beach Residence 2 at Emaar Beachfront, Dubai Harbour: prices, sales and rents →
Value
16012-bedAED 3.86M · Jan 2025
16023-bedAED 6.8M · May 2025
16042-bedAED 4.15M · Sep 2024
16052-bedAED 3.75M · Feb 2023
16061-bedAED 2.48M · Feb 2024
16071-bedAED 2.18M · Feb 2023
16081-bedAED 2.25M · Feb 2023
1–7 of 8

1603, Palace Beach Residence 2 at Emaar Beachfront in numbers

  • Sold twice: first on 14 July 2021 for AED 3,178,144, last on 15 January 2024 for AED 4,300,000 (AED 3,733 per sqft).
  • Two-beds in Palace Beach Residence 2 at Emaar Beachfront sold for AED 3,950,000–5,350,000 in the 12 months to November 2026; the building's median across all types is AED 3,641 per sqft.

Source: Dubai Land Department. Updated 15 January 2024.

Questions about 1603, Palace Beach Residence 2 at Emaar Beachfront

What did unit 1603 last sell for?

AED 4,300,000 on 15 January 2024: AED 3,733 per sqft for 1,152 sqft. The unit has 2 registered sales; the first was AED 3,178,144 in July 2021.

How big is unit 1603?

1,152 sqft (107.0 sqm): a two-bedroom apartment on the 16th floor of a 42-storey tower completed in 2025.

What is unit 1603 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 2 at Emaar Beachfront sold for AED 3,950,000 to 5,350,000 in the last 12 months, around AED 3,830 per sqft.

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Mortgage on 1603, Palace Beach Residence 2 at Emaar Beachfront

Starts from the last sale price (AED 4.3M, 15 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,300,000
Deposit, UAE resident (20%)
AED 860,000
Deposit, non-resident (40%)
AED 1,720,000
Monthly over 25 years at 3.7%
AED 17,593

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