Market bulletin · Thu, 22 Oct 2026
Palace Residences - North: median AED 2,647/sqft, up 3.0% over three months on 12 sales
Palace Residences - North recorded 6 sales worth AED 13.4M in the 30 days to Thu, 22 Oct 2026, up 100.0% on the previous 30 days. Over the last week 1 sale was registered (AED 3.10M), against 1 the week before.
The median sale over the last three months was AED 2.73M, or AED 2,647/sqft — like-for-like prices per sqft up 3.0% on the previous three months. Monthly medians over the past year ranged from AED 2,571/sqft to AED 2,754/sqft.
By market over 12 months: secondary (ready) sales 100%.
In Dubai Creek Harbour, Palace Residences - North ranked #11 of 11 leading projects by 12-month sales value; it is developed by Emaar Properties.
Leases registered in the last three months had a median annual rent of AED 130K. The best gross yield is on 1 BR apartments at about 5.6%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | AED 2,703 |
| Aug 26 | — |
| Jul 26 | AED 2,699 |
| Jun 26 | AED 2,585 |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | AED 2,719 |
| Jan 26 | AED 2,754 |
| Dec 25 | — |
| Nov 25 | AED 2,649 |
| Oct 25 | AED 2,571 |
| Sept 25 | — |
| Aug 25 | — |
| Jul 25 | AED 2,113 |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | AED 2,231 |
| Mar 25 | AED 2,174 |
| Feb 25 | — |
| Jan 25 | — |
| Dec 24 | — |
| Nov 24 | AED 1,695 |
Off-plan vs resale vs secondary
Monthly median AED/sqft by market (months with 10+ sales)
View data table
| Date | Off-plan resale | Secondary (ready) |
|---|---|---|
| Oct 26 | — | — |
| Sept 26 | — | — |
| Aug 26 | — | — |
| Jul 26 | — | — |
| Jun 26 | — | — |
| May 26 | — | — |
| Apr 26 | — | — |
| Mar 26 | — | — |
| Feb 26 | — | AED 2,719 |
| Jan 26 | — | AED 2,754 |
| Dec 25 | — | — |
| Nov 25 | — | — |
| Oct 25 | — | — |
| Sept 25 | — | — |
| Aug 25 | — | — |
| Jul 25 | AED 2,113 | — |
| Jun 25 | — | — |
| May 25 | — | — |
| Apr 25 | — | — |
| Mar 25 | — | — |
| Feb 25 | — | — |
| Jan 25 | — | — |
| Dec 24 | — | — |
| Nov 24 | — | — |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 3 |
| Sept 26 | 0 | 0 | 6 |
| Aug 26 | 0 | 0 | 2 |
| Jul 26 | 0 | 0 | 5 |
| Jun 26 | 0 | 0 | 5 |
| May 26 | 0 | 0 | 2 |
| Apr 26 | 0 | 0 | 4 |
| Mar 26 | 0 | 0 | 2 |
| Feb 26 | 0 | 0 | 11 |
| Jan 26 | 0 | 0 | 12 |
| Dec 25 | 0 | 0 | 3 |
| Nov 25 | 0 | 0 | 5 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 6 | up 100.0% | AED 13.4M | 2,600 | — |
| Last 3 months | 12 | down 7.7% | AED 29.7M | 2,647 | up 1.6% |
| Last 6 months | 25 | down 30.6% | AED 61.0M | 2,616 | down 3.8% |
| Last 12 months | 61 | down 78.5% | AED 149M | 2,652 | up 25.2% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 61 | 100% | AED 2.52M | 2,652 | up 20.2% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| 1 bedroom | 28 | 46% | AED 1.71M | 2,664 | up 27.3% |
| 2 bedrooms | 28 | 46% | AED 2.83M | 2,628 | up 23.6% |
| 3 bedrooms | 5 | 8% | AED 4.50M | 2,721 | up 24.8% |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 28 | 46% | AED 1.71M | 2,664 | up 30.5% |
| AED 2M–10M | 33 | 54% | AED 2.92M | 2,652 | up 18.0% |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | AED 115K |
| Sept 26 | AED 130K |
| Aug 26 | AED 136K |
| Jul 26 | AED 143K |
| Jun 26 | AED 140K |
| May 26 | AED 150K |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | AED 150K |
| Jan 26 | AED 163K |
| Dec 25 | — |
| Nov 25 | — |
- Leases (12M)
- 185
- New leases
- 99.5%
- Median rent 3M
- AED 130K
- Rent/sqft 3M
- AED 130
| 1 BR apartments | AED 96K / AED 1.71M | 5.6% |
|---|---|---|
| 2 BR apartments | AED 150K / AED 2.83M | 5.3% |
| 3 BR apartments | AED 235K / AED 4.50M | 5.2% |
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| 1 BR | 57 | AED 96K | AED 96K | 150 |
| 2 BR | 51 | AED 150K | AED 150K | 137 |
| 3 BR | 30 | AED 235K | AED 235K | 135 |
Competing projects in Dubai Creek Harbour
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Lyvia by Palace - Green GateEmaar Properties | 452 | 2,674 | — |
| Creek Bay Tower AEmaar Properties | 331 | 2,365 | down 30.7% |
| Creek Bay Tower BEmaar Properties | 237 | 2,487 | down 0.9% |
| Valia TowerEmaar Properties | 257 | 2,583 | — |
| Creek Haven Tower AEmaar Properties | 210 | 2,679 | — |
| Montiva at Green GateEmaar Properties | 153 | 2,513 | — |
| Creek Haven Tower BEmaar Properties | 159 | 2,871 | up 2.4% |
| Silva at Green GateEmaar Properties | 124 | 2,231 | — |
| The Grand by EmaarEmaar Properties | 78 | 2,306 | — |
| AltanEmaar Properties | 61 | 2,305 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 4.15M | 3 BR Apartment · 1,663 sqftPalace Residences - North · Dubai Creek Harbour | 12 Aug |
| AED 3.10M | 2 BR Apartment · 1,056 sqftPalace Residences - North · Dubai Creek Harbour | 20 Oct |
| AED 2.95M | 2 BR Apartment · 1,055 sqftPalace Residences - North · Dubai Creek Harbour | 14 Sept |
| AED 2.92M | 2 BR Apartment · 1,056 sqftPalace Residences - North · Dubai Creek Harbour | 14 Sept |
| AED 2.80M | 2 BR Apartment · 1,056 sqftPalace Residences - North · Dubai Creek Harbour | 8 Oct |
| AED 2.75M | 2 BR Apartment · 1,123 sqftPalace Residences - North · Dubai Creek Harbour | 28 Jul |
Questions about Palace Residences - North
What is the average price per sqft in Palace Residences - North?
The median sale price in Palace Residences - North over the last three months was AED 2,647 per sqft (median sale AED 2.73M), based on 12 sales registered with Dubai Land Department.
How many properties were sold in Palace Residences - North in the last year?
61 sales worth AED 149M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.
What is the average rent in Palace Residences - North?
The median annual rent on leases registered in the last three months was AED 130K, and the best gross rental yield is about 5.6%.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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