Deal score 76AED 2.29M
AED 3,118/sqft (AED 33,562/m²)📍 Palace Beach Residence Tower 2, Dubai Harbour
1 BR · 1 bath · 736 sqft · 68 m² · furnished · Apartments
“Payment Plan | Middle Floor | Partial Sea View”
Why this is a deal
vs DLD sold
-13.8%
AED 3,118/sqft (AED 33,562/m²) vs AED 3,616/sqft (AED 38,922/m²)
Sold comps
12
building, 12 mo
On the market
329
days · 2 cuts · relisted
Compared with: registered sales in the same building, Palace Beach Residence Tower 2 · apartments · 1 BR · ready · 12 sales in the last 12 months
Asking prices are not sold prices — always verify before transacting.
Rent & net ROI
Expected annual rent
AED 120,401
AED 110,769 – AED 134,849
Service charge / year
AED 16,776
AED 22.79/sqft · AED 245/m² · Palace Beach Residence
Net yield
4.52%
5.25% gross
- 📑 130 registered rents · Palace Beach Residence · 08 Oct 2025 to 07 Oct 2026
- 🏷️ Landlords are asking AED 132,500 right now for the same layout — 32 live listings, AED 105,000 to AED 217,000.
- 🧾 After a 5% management fee and one month empty: 3.84% net.
- 🏛️ RERA Rental Index for this area and size: AED 108,279 a year; the estimated rent above is 111% of it. Room for up to 5% at renewal.
Net yield = (expected annual rent − service charge) ÷ asking price. Before mortgage costs, the one-off purchase fees (4% DLD transfer + agency), tax in your own country, and any furnishing. Rent comps are units of a similar size (55–95 m²) — the DLD registers rents by floor area, not by bedroom count. Service charge comes from an independent third-party source, not the DLD — confirm the current rate with the owners association before you buy.
Agencies listing this unit type
26 agencies list this size & type here — 26% price spread
| Agency | Asking | Trust | |
|---|---|---|---|
| Metropolitan Premium PropertiesTHIS | AED 2.29M | cheapest | ✓ verified · Trusted broker |
| Strada Real Estate | AED 2.34M | ✓ verified · Trusted broker | |
| Hamptons International - T2 | AED 2.35M | ✓ verified · Trusted broker | |
| Strada Real Estate | AED 2.35M | ✓ verified · Trusted broker | |
| LuxuryProperty. com | AED 2.35M | Trusted broker | |
| Dacha Real Estate | AED 2.38M | Trusted broker | |
| Kopytko Real Estate | AED 2.40M | Trusted broker | |
| SY Capital Estates | AED 2.40M | ✓ verified · Trusted broker | |
| White & Co | AED 2.40M | ✓ verified · Trusted broker | |
| Hamptons International - T2 | AED 2.40M | ✓ verified · Trusted broker | |
| Huspy Dubai | AED 2.40M | Trusted broker | |
| Huspy Dubai | AED 2.40M | Trusted broker | |
| Hamptons International - T2 | AED 2.50M | Trusted broker | |
| Metropolitan Premium Properties | AED 2.50M | Trusted broker | |
| White & Co | AED 2.50M | Trusted broker | |
| fäm Properties | AED 2.50M | Trusted broker | |
| Metropolitan Premium Properties | AED 2.60M | Trusted broker | |
| NF Group | AED 2.65M | Trusted broker | |
| Hamptons International - T2 | AED 2.70M | ✓ verified · Trusted broker | |
| Huspy Dubai | AED 2.70M | ✓ verified · Trusted broker | |
| Huspy Dubai | AED 2.70M | ✓ verified · Trusted broker | |
| Primal Alliance Real Estate | AED 2.75M | Trusted broker | |
| Luxfolio Real Estate | AED 2.80M | ✓ verified · Trusted broker | |
| Penthouse. ae Powered By Metropolitan | AED 2.80M | Trusted broker | |
| White & Co | AED 2.85M | ✓ verified · Trusted broker | |
| Alcenza Properties | AED 2.90M | — |
Price & listing history
- 4 Jul 2026Listed at AED 2.38M
- 10 Aug 2026Removed
- 24 Aug 2026Relisted
- 1 Oct 2026Price changed AED 2.38M → AED 2.35M
- 15 Oct 2026Price changed AED 2.35M → AED 2.29M
We began tracking this market on 4 Jul 2026 — cut and relist history builds from then.
Building sold-price history
Palace Beach Residence Tower 2 · building · DLD sold medianYearly median of registered DLD sales in this building (same unit type). The dashed line is this unit's current asking price per sqft.
Questions about this 1-bed apartment in Palace Beach Residence Tower 2, Dubai Harbour
What is the price per sqft of this 1-bed apartment in Palace Beach Residence Tower 2, Dubai Harbour?
It is listed at AED 2.29M for 736 sqft (68 m²), which is AED 3,118/sqft (AED 33,562/m²).
Is the asking price of this 1-bed apartment in Palace Beach Residence Tower 2, Dubai Harbour fair?
It asks AED 3,118/sqft (AED 33,562/m²). In the last 12 months 12 comparable homes sold in the same building at a median of AED 3,616/sqft (AED 38,922/m²), with half of the sales between AED 3,382/sqft (AED 36,404/m²) and AED 3,872/sqft (AED 41,678/m²), so this listing asks 14% below the median. Sold prices are registered sales from the Dubai Land Department.
What rental yield could this 1-bed apartment in Palace Beach Residence Tower 2, Dubai Harbour earn?
At the asking price of AED 2.29M, similar homes here rent for about AED 120,401 a year (between AED 110,769 and AED 134,849), a gross yield of 5.3% and 4.5% after a service charge of AED 16,776 a year. The rent estimate uses 130 registered rent contracts (08 Oct 2025 to 07 Oct 2026).
What is the service charge for this 1-bed apartment in Palace Beach Residence Tower 2, Dubai Harbour?
The service charge is estimated at AED 16,776 a year, which is AED 22.79/sqft (AED 245/m²). It comes from independent service-charge data, not the Dubai Land Department, so confirm the current rate with the owners association before you buy.
How long has this 1-bed apartment in Palace Beach Residence Tower 2, Dubai Harbour been on the market?
It has been listed for 329 days and has been relisted.
Has the asking price of this 1-bed apartment come down?
Yes. We recorded 2 price cuts since we first saw the listing, from AED 2.38M to AED 2.29M (3.4% lower).
How many agencies list this 1-bed apartment in Palace Beach Residence Tower 2, Dubai Harbour?
26 agencies list this size and type of home here, asking from AED 2.29M to AED 2.90M, a spread of 26%.
How have sold prices of apartments in Palace Beach Residence Tower 2 changed?
The median registered sold price of apartments in Palace Beach Residence Tower 2 was AED 2,434/sqft (AED 26,199/m²) in 2021 and AED 3,636/sqft (AED 39,138/m²) in 2026, a change of +49%, from 631 registered sales.
Deal analysis from live listings + official DLD sold prices. Asking prices are not sold prices; figures are indicative — verify with the agent and your own due diligence before transacting.