2-bed · 1,197 sqftPalace Beach Residence 2 at Emaar Beachfront, Dubai Harbour · 7th floor · completed 2025

701, Palace Beach Residence 2 at Emaar Beachfront

Sold prices and rental history: sold once, by the developer in November 2021, and rented once, from August 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 3.02M15 November 2021
Current rentAED 135K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Palace Beach Residence 2 at Emaar Beachfront

What is 701 worth today?

Last sold for AED 3,019,888 in 2021

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1 Aug 2026RentedNew contract
AED 135,000/yr12 months · AED 115 per sqft
15 Nov 2021Sold by developerOff-plan
AED 3,019,888AED 2,522 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
2-bed apartment
Size
1,197 sqft
Floor
7th of 42
Parking
1
Developer
Emaar
Completed
2025
Last sold
AED 3.02M · November 2021

About 701, Palace Beach Residence 2 at Emaar Beachfront

701 is a two-bedroom apartment of 1,197 sqft on the 7th floor of Palace Beach Residence 2 at Emaar Beachfront, a 42-storey tower in Dubai Harbour completed in 2025 by Emaar. The developer sold it on 15 November 2021 for AED 3,019,888, or AED 2,522 per sqft, 5% below the AED 2,648 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 August 2026. The current contract, signed on 1 August 2026, is AED 135,000 a year: a gross yield of 4.5% on the 2021 price.

Sales and rents for 701 over time

Sales
Unit 701, 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, November 2021: AED 3,019,888 (AED 2,522 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 2 at Emaar Beachfront
150K200K202520262027Typical rent by year: 2025 AED 200,000; 2026 AED 190,000New contract, August 2026: AED 135,000 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 2 at Emaar Beachfront, and where 701 sits

All 130 2-beds →

701 last sold in November 2021 at AED 2,522 per sqft, 5% below what two-beds in Palace Beach Residence 2 at Emaar Beachfront were fetching at the time (AED 2,648). 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. 701's AED 135,000 is at the bottom of that range.

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
7023-bedAED 5.36M · Aug 2021
7032-bedAED 4.95M · Jun 2025
7042-bedAED 3.37M · Oct 2021
7052-bedAED 3.6M · Feb 2024
7061-bedAED 1.9M · May 2022
7071-bedAED 1.78M · Aug 2021
7081-bedAED 2.35M · Oct 2023
1–7 of 8

701, Palace Beach Residence 2 at Emaar Beachfront in numbers

  • Sold once: by Emaar on 15 November 2021 for AED 3,019,888, or AED 2,522 per sqft.
  • Rented since August 2026 on one Ejari contract, at AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2021 price is 4.5%.
  • 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 1 August 2026.

Questions about 701, Palace Beach Residence 2 at Emaar Beachfront

What did unit 701 last sell for?

AED 3,019,888 on 15 November 2021, sold by the developer: AED 2,522 per sqft for 1,197 sqft. It is the only registered sale of the unit.

What is the rent for unit 701?

AED 135,000 a year on the contract signed on 1 August 2026.

How big is unit 701?

1,197 sqft (111.2 sqm): a two-bedroom apartment on the 7th floor of a 42-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 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 701, Palace Beach Residence 2 at Emaar Beachfront

Starts from the last sale price (AED 3.02M, 15 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,019,888
Deposit, UAE resident (20%)
AED 603,978
Deposit, non-resident (40%)
AED 1,207,955
Monthly over 25 years at 3.7%
AED 12,355

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