1-bed · 741 sqftPalace Beach Residence 2 at Emaar Beachfront, Dubai Harbour · 16th floor · completed 2025

1609, Palace Beach Residence 2 at Emaar Beachfront

Sold prices and rental history: sold twice, last in March 2024, and rented once, from August 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1609 · DLD and Ejari recordsUpdated 15 August 2026
Last soldAED 2.35M15 March 2024
Current rentAED 120K /yr15 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1609, Palace Beach Residence 2 at Emaar Beachfront

What is 1609 worth today?

Last sold for AED 2,350,000 in 2024

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15 Aug 2026RentedNew contract
AED 120,000/yr12 months · AED 163 per sqft
15 Mar 2024SoldOff-plan
AED 2,350,000AED 3,173 per sqft
14 Jul 2021Sold by developerOff-plan
AED 1,609,866AED 2,173 per sqft

Source: Dubai Land Department. Updated 15 August 2026.

Key facts

Type
1-bed apartment
Size
741 sqft
Floor
16th of 42
Parking
1
Developer
Emaar
Completed
2025
Last sold
AED 2.35M · March 2024

About 1609, Palace Beach Residence 2 at Emaar Beachfront

1609 is a one-bedroom apartment of 741 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 March 2024 for AED 2,350,000, or AED 3,173 per sqft, 4% above the AED 3,049 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 August 2026. The current contract, signed on 15 August 2026, is AED 120,000 a year: a gross yield of 5.1% on the 2024 price.

Sales and rents for 1609 over time

Sales
Unit 1609, each saleTypical one-bed in Palace Beach Residence 2 at Emaar Beachfront
2M3M2021202320252027Typical sale price by year: 2021 AED 1,745,888; 2022 AED 2,102,189; 2023 AED 2,320,475; 2024 AED 2,450,000; 2025 AED 2,850,000; 2026 AED 2,387,500Sold by developer, July 2021: AED 1,609,866 (AED 2,173 per sqft)Sold, March 2024: AED 2,350,000 (AED 3,173 per sqft)

1609 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1609, each contractTypical one-bed in Palace Beach Residence 2 at Emaar Beachfront
120K130K202520262027Typical rent by year: 2025 AED 132,000; 2026 AED 115,000New contract, August 2026: AED 120,000 a year

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 1609 sits

All 144 1-beds →

1609 last sold in March 2024 at AED 3,173 per sqft, 4% above what one-beds in Palace Beach Residence 2 at Emaar Beachfront were fetching at the time (AED 3,049). 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. 1609's AED 120,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Nov 20261,607,888
15 Oct 20262,250,000
11 Sep 20262,850,000
25 Aug 20262,650,000
14 1-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
16032-bedAED 4.3M · Jan 2024
16042-bedAED 4.15M · Sep 2024
16052-bedAED 3.75M · Feb 2023
16061-bedAED 2.48M · Feb 2024
16071-bedAED 2.18M · Feb 2023
1–7 of 8

1609, Palace Beach Residence 2 at Emaar Beachfront in numbers

  • Sold twice: first on 14 July 2021 for AED 1,609,866, last on 15 March 2024 for AED 2,350,000 (AED 3,173 per sqft).
  • Rented since August 2026 on one Ejari contract, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2024 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 15 August 2026.

Questions about 1609, Palace Beach Residence 2 at Emaar Beachfront

What did unit 1609 last sell for?

AED 2,350,000 on 15 March 2024: AED 3,173 per sqft for 741 sqft. The unit has 2 registered sales; the first was AED 1,609,866 in July 2021.

What is the rent for unit 1609?

AED 120,000 a year on the contract signed on 15 August 2026.

How big is unit 1609?

741 sqft (68.8 sqm): a one-bedroom apartment on the 16th floor of a 42-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 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 1609, Palace Beach Residence 2 at Emaar Beachfront

Starts from the last sale price (AED 2.35M, 15 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

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