1607, Palace Beach Residence 2 at Emaar Beachfront
Sold prices and rental history: sold twice, last in February 2023, and rented since 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1607, Palace Beach Residence 2 at Emaar Beachfront
What is 1607 worth today?
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Source: Dubai Land Department. Updated 22 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 737 sqft
- Floor
- 16th of 42
- Parking
- 1
- Developer
- Emaar
- Completed
- 2025
- Last sold
- AED 2.18M · February 2023
About 1607, Palace Beach Residence 2 at Emaar Beachfront
1607 is a one-bedroom apartment of 737 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 6 February 2023 for AED 2,180,000, or AED 2,956 per sqft, 6% above the AED 2,777 one-beds in the building were fetching at the time.
It has been rented since 2026 on 2 Ejari contracts. The current contract, signed on 22 October 2026, is AED 110,000 a year: a gross yield of 5.1% on the 2023 price.
Sales and rents for 1607 over time
1607 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 2 at Emaar Beachfront, and where 1607 sits
All 144 1-beds →1607 last sold in February 2023 at AED 2,956 per sqft, 6% above what one-beds in Palace Beach Residence 2 at Emaar Beachfront were fetching at the time (AED 2,777). Over the last 12 months one-beds sold for AED 1,607,888 to 3,000,000, around AED 3,553 per sqft, and rent for AED 75,000 to 150,000 a year. 1607's AED 110,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Nov 20262 November 2026 | 799 sqft | 1,607,888 | 2,013 | ||
| 15 Oct 202615 October 2026 | 738 sqft | 2,250,000 | 3,048 | ||
| 11 Sep 202611 September 2026 | 793 sqft | 2,850,000 | 3,592 | ||
| 25 Aug 202625 August 2026 | 728 sqft | 2,650,000 | 3,642 |
Palace Beach Residence 2 at Emaar Beachfront
Building322 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 158K /yr
- Typical yield
- 4.3%
Other units on the 16th floor
All 322 units in Palace Beach Residence 2 at Emaar Beachfront| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 587 sqft | AED 3.86MAED 3,855,000 · Jan 2025January 2025 | ||
| 1602 | 3-bed | 1,937 sqft | AED 6.8MAED 6,800,000 · May 2025May 2025 | ||
| 1603 | 2-bed | 1,152 sqft | AED 4.3MAED 4,300,000 · Jan 2024January 2024 | ||
| 1604 | 2-bed | 1,294 sqft | AED 4.15MAED 4,150,000 · Sep 2024September 2024 | 225,000 /yr | |
| 1605 | 2-bed | 1,234 sqft | AED 3.75MAED 3,750,000 · Feb 2023February 2023 | ||
| 1606 | 1-bed | 799 sqft | AED 2.48MAED 2,475,000 · Feb 2024February 2024 | ||
| 1608 | 1-bed | 794 sqft | AED 2.25MAED 2,250,000 · Feb 2023February 2023 | ||
| 1609 | 1-bed | 741 sqft | AED 2.35MAED 2,350,000 · Mar 2024March 2024 | 120,000 /yr |
1607, Palace Beach Residence 2 at Emaar Beachfront in numbers
- Sold twice: first on 15 July 2021 for AED 1,613,657, last on 6 February 2023 for AED 2,180,000 (AED 2,956 per sqft).
- Rented since July 2026 on 2 Ejari contracts, from AED 100,000 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2023 price is 5.1%.
- One-beds in Palace Beach Residence 2 at Emaar Beachfront sold for AED 1,607,888–3,000,000 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 22 October 2026.
Questions about 1607, Palace Beach Residence 2 at Emaar Beachfront
What did unit 1607 last sell for?
AED 2,180,000 on 6 February 2023: AED 2,956 per sqft for 737 sqft. The unit has 2 registered sales; the first was AED 1,613,657 in July 2021.
What is the rent for unit 1607?
AED 110,000 a year on the contract signed on 22 October 2026. The previous contract, from July 2026, was AED 100,000.
How big is unit 1607?
737 sqft (68.5 sqm): a one-bedroom apartment on the 16th floor of a 42-storey tower completed in 2025.
What is unit 1607 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 2 at Emaar Beachfront sold for AED 1,607,888 to 3,000,000 in the last 12 months, around AED 3,553 per sqft.
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Mortgage on 1607, Palace Beach Residence 2 at Emaar Beachfront
Starts from the last sale price (AED 2.18M, 6 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,180,000
- Deposit, UAE resident (20%)
- AED 436,000
- Deposit, non-resident (40%)
- AED 872,000
- Monthly over 25 years at 3.7%
- AED 8,919
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →