AED 194,990/ year
2 bedroom apartment in Palace Residences
2 bath · 1,098 sqft · Vacant · Cheque Flexible · Highly Furnished
Palace Residences
What tenants actually pay: the tenancies registered with Ejari, not asking rents. Understand the numbers before you rent.
- For rent with McCone
- 2
- AED 110K – 195K / year
On the market · Palace Residences
2 homes for rent
2 homes
Palace Residences — 2 B/R median AED 165,000 a year, AED 149 a sq ft, from 323 Ejari contracts in 12 months; gross yield 5.5% (2 B/R). 2 for rent with McCone, AED 110K – 195K / year. 4 for sale →
Your agent in Dubai Creek Harbour (The Lagoons)
Leasing
Renting in Palace Residences? Uros can walk you through what these numbers mean for you.
Uros is marketing 34 homes for rent in Dubai Creek Harbour (The Lagoons) right now.
- Community
- Dubai Creek Harbour (The Lagoons)
- Nearest metro
- Creek Metro Station — as the Dubai Land Department files it; every building beside it, and what each sold for
- Handed over
- 2023 — the first year resales of completed homes appear in numbers on the register, not the developer’s date
- First on record
- 2019 — an off-plan sale
- Sales on record
- 1,023 — registered at the Dubai Land Department, the latest October 2026
- Off-plan share
- 71% — 722 bought off-plan from the developer, 301 resales of a completed home
Every recorded sale in Palace Residences — prices, sizes and the year it was handed over →
Living in Dubai Creek Harbour (The Lagoons) — the area guide →
What a home in Palace Residences returns on its rent — the yield calculator →
Recorded rent per sq ft
AED 149
a year · 323 contracts here, 12 months
Mean AED 153 a year
Gross yield
5.5%
2 B/R · its own rents over its own sale prices
Recorded sale price
AED 2,901
per sq ft · 1,023 sales on record
Handed over
2023
Derived from the register
Recorded rents
What Palace Residences rents for, by layout
Tenancies registered with Ejari that name Palace Residences, last twelve months. Annual rents, medians.
| Layout | Typical size | Median rent | Mean rent | Per sq ft / year | Contracts |
|---|---|---|---|---|---|
| 1 B/R | 702 sqft | 107,000 | 111,041 | 151 | 137 |
| 2 B/R | 1,104 sqft | 165,000 | 167,592 | 146 | 150 |
| 3 B/R | 1,789 sqft | 263,122 | 268,162 | 146 | 34 |
Layouts with fewer than five contracts in the year are left out. 944 contracts name this building on the register since 2023.
For comparison
Recorded rents in Dubai Creek Harbour (The Lagoons)
How Palace Residences sits against its community. The full Dubai Creek Harbour (The Lagoons) rental report →
| Layout | Median rent | Mean rent | New lease | Renewal | Per sq ft / year | Contracts |
|---|---|---|---|---|---|---|
| 1 B/R | 95,000 | 99,583 | 100,000 | 94,500 | 130 | 2,433 |
| 2 B/R | 147,198 | 149,761 | 150,000 | 141,869 | 126 | 2,520 |
| 3 B/R | 210,000 | 225,619 | 220,000 | 205,000 | 126 | 916 |
| 4 B/R | 440,000 | 438,023 | 448,794 | 420,000 | 135 | 33 |
Rent against price
Gross yield in Palace Residences
This building's own recorded rent per square foot a year over its own recorded resale price per square foot, layout by layout.
| Layout | Rent / sq ft / year | Rent from | Sale / sq ft | Gross yield |
|---|---|---|---|---|
| 3 B/R | 146 | This building · 34 | 2,375 | 6.2% |
| 2 B/R | 146 | This building · 150 | 2,653 | 5.5% |
| 1 B/R | 151 | This building · 137 | 2,708 | 5.6% |
Gross: before service charges, agency fees and any months empty between tenants. The sale side is completed homes sold here in the last three years, five or more of a layout.
Every tenancy, as registered
Recent contracts in Palace Residences
The latest tenancies registered with Ejari naming this building, newest first.
| Start | Layout | Size | Annual rent | Type |
|---|---|---|---|---|
| 20 Oct 2026 | 3 B/R | 1,779 | 235,000 | New lease |
| 20 Oct 2026 | 2 B/R | 1,104 | 175,000 | New lease |
| 20 Oct 2026 | 2 B/R | 1,091 | 157,000 | New lease |
| 17 Oct 2026 | 2 B/R | 1,187 | 165,000 | Renewal |
| 17 Oct 2026 | 1 B/R | 705 | 87,000 | New lease |
| 16 Oct 2026 | 2 B/R | 1,188 | 160,000 | New lease |
| 16 Oct 2026 | 1 B/R | 712 | 96,000 | Renewal |
| 15 Oct 2026 | 2 B/R | 1,095 | 150,000 | New lease |
| 13 Oct 2026 | 1 B/R | 702 | 106,000 | New lease |
| 13 Oct 2026 | 2 B/R | 1,104 | 150,000 | New lease |
| 12 Oct 2026 | 2 B/R | 1,187 | 155,000 | New lease |
| 12 Oct 2026 | 1 B/R | 700 | 105,000 | New lease |
How often it lets
Contracts per year
New tenancies and renewals naming Palace Residences, stacked.New leaseRenewal
21
319
340
264
2023202420252026
264 contracts in 2026 so far. The 2026 bar is part-year.
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Where these numbers come from. Every rent on this page is a tenancy contract registered with Ejari, the Dubai Land Department’s rental register, read directly from the Dubai Data Exchange. It is what tenants actually agreed to pay — not asking rents, not our own estimates. Homes only: offices, shops, labour accommodation and whole-building leases are excluded, as are contracts covering several properties at one price and the register’s own typing errors. The municipality’s housing fee on the DEWA bill is 5% of the same registered rent. The register records the area a home sits in and, on about a quarter of contracts, the project — never the building on its own — so a community’s figures are its DLD area’s, and a building’s are its own only where the register names it. Medians are used rather than averages so one unusual contract cannot move the number. Data through 21 Oct 2026.
Nearby
What else to look at in Dubai Creek Harbour (The Lagoons)
The buildings this one sits between on recorded price per square foot, and the newest to start trading. Every one has its own page of registered prices.
| Building | Recorded sales | First traded | Median per sq ft |
|---|---|---|---|
| Creek Bay Tower Bnewest | 299 | 2026 | 2,731 |
| Valia Towernewest | 391 | 2026 | 2,596 |
| Grove at Creek Beach Building 3 | 140 | 2022 | 1,843 |
| The Cove Building 3 | 75 | 2017 | 1,835 |
| Orchid at Creek Beach Building 1 | 200 | 2022 | 1,815 |
| The Cove Building 2 | 136 | 2017 | 1,800 |
| Creek Rise Tower 2 | 363 | 2017 | 1,770 |
| Harbour Gate Tower 1 | 427 | 2017 | 1,761 |
| Creek Gate Tower 1 | 394 | 2017 | 1,753 |
| Dubai Creek Residences South Tower 3 | 158 | 2015 | 1,745 |
Medians over each building’s whole recorded history at the Dubai Land Department, so a tower that has not traded lately is still here — this is what to look at next, not what the market is doing this month. Buildings with fewer than five recorded sales are left out. “First traded” is the year the register first saw a sale in the building, which for a new tower is close to its handover.
Moving into Palace Residences? Ejari, the DEWA move-in and your Makani number, explained.