CompletedDubai Creek Harbour

Palace Residences

Palace Residences at Dubai Creek Harbour by Emaar: 587 branded 1–4 bedroom apartments on Creek Island, beside the Palace Hotel with 5-star hotel services. Pricing confirmed on request.

DeveloperEmaar

Entry priceOn request

CompletedDec 2022

StatusCompleted

CommunityDubai Creek Harbour

Overview

Project brief

BRANDED WATERSIDE RESIDENCES BY ADDRESS HOTELS + RESORTS ON CREEK ISLAND

Palace Residences is a branded residential development by Emaar at Dubai Creek Harbour, set on the promenade of Creek Island beside the Palace Hotel. Delivered under the Address Hotels + Resorts portfolio, the homes give residents direct access to the adjacent hotel and its 5-star services, alongside views of the Creek waterway, Creek Beach and Dubai Creek Tower.

Per the Emaar brochure, the development comprises 587 branded one, two, three and four-bedroom apartments in one contemporary 46-storey tower rising above the Creek Canal, anchored by the 121-key Palace Hotel. Residences are designed with floor-to-ceiling windows and balconies, and residents draw on hotel-serviced amenities including an infinity-edge swimming pool, a signature bar and grill, all-day dining, a gym, a spa, valet parking and 24/7 concierge.

The Emaar floor plans give an apartment area of 612 sq ft for the one-bedroom layout (696 sq ft including balcony), 953 sq ft for the two-bedroom layouts (1,102 to 1,174 sq ft including balcony), 1,541 sq ft for the three-bedroom (1,811 sq ft including balcony) and 1,894 sq ft for the four-bedroom (2,343 sq ft including balcony).

Creek Island sits on the south-eastern side of Dubai Creek Harbour, roughly 2.5km from the mangroves of the Ras Al Khor Wildlife Sanctuary and a short distance from Creek Marina and Creek Beach, connected to the mainland by road and pedestrian bridges.

PROJECT SUMMARY

Project	Palace Residences
Developer	Emaar (Address Hotels + Resorts)
Community	Dubai Creek Harbour
Type	1–4 Bedroom Branded Apartments
Total units	587
Building	One 46-storey tower
Starting price	Confirmed on request
Payment plan	Confirmed on request
Expected completion	December 2022 (per PropSearch)

Unit count and tower configuration per the Emaar brochure; sizes per the Emaar floor plans. Availability and current pricing confirmed on request.

UNIT MIX & STARTING PRICES

Unit type	Apartment area (sq ft)	Total area incl. balcony (sq ft)	Starting price (AED)
1-Bedroom	612	696	Confirmed on request
2-Bedroom	953	1,102 – 1,174	Confirmed on request
3-Bedroom	1,541	1,811	Confirmed on request
4-Bedroom	1,894	2,343	Confirmed on request

Representative areas per the Emaar floor plans (PALACE_FLOOR_PLANS_V1.pdf), which publish an apartment area and a total area including balcony. The set gives one representative layout per type except the two-bedroom, which has two. Emaar does not publish a price list or a payment schedule in the pack held, so starting prices and terms are confirmed on request.

THE INVESTMENT CASE

Palace Residences is a standard-tier brief: the angle below is qualitative. Where the live Dubai Land Department transaction feed for Dubai Creek Harbour is available, current pricing and PSF trends will be shown alongside — those figures are the basis for any comparison, not the estimates below.

DEVELOPER: EMAAR, ONE OF DUBAI'S MOST ESTABLISHED DEVELOPERS

Palace Residences is developed by Emaar, the developer behind many of Dubai's landmark destinations. Emaar reported revenue of AED 49.6 billion for 2025 and, with a proven delivery track record, has delivered over 125,600 residential units across Dubai and other global markets since 2002. Its portfolio includes Burj Khalifa and Dubai Mall. For investors, this scale and delivery history provide a meaningful measure of confidence.

LOCATION: A BRANDED WATERFRONT ADDRESS ON CREEK ISLAND

Dubai Creek Harbour is an Emaar master-planned waterfront district along Dubai Creek, near the Ras Al Khor Wildlife Sanctuary, with a marina and central park and good connectivity to Downtown Dubai. Palace Residences sits on Creek Island's promenade, beside the Palace Hotel and steps from Creek Marina and Creek Beach, with Dubai Square and a major highway close by. The position combines a resort-style, hotel-serviced setting with proximity to the wider city.

APPLICABLE STRATEGIES

Buy-and-hold for rental / short-let — a branded, hotel-serviced address with a private beach and marina nearby supports both long-let and holiday-let demand; yields to be confirmed against current rental evidence.
Resale — Dubai Creek Harbour has an established secondary market in its delivered towers, giving an exit route; premiums depend on market conditions at the time and should be checked against live DLD data.
Owner-occupation — a primary or second home in a branded waterfront community with hotel amenities.

RISKS & WATCHPOINTS

Branded-residence premium — branded, hotel-serviced stock typically prices at a premium; the entry point should be weighed against that premium and verified on current PSF.
Service charges — branded-amenity communities generally carry higher service charges, which affect net yield.
Supply — Dubai Creek Harbour has a substantial delivery pipeline; concurrent handovers can affect near-term resale and rental pricing.
Market timing — returns depend on the market at the point of purchase and exit, not today's; verify against current evidence.

PAYMENT PLAN

Payment terms for available units are confirmed on request. (No payment schedule is included in the current project pack.)

SOURCES

Emaar — Palace Residences Dubai Creek Harbour brochure, PALACE_RESIDENCES_BROCHURE_EN.pdf (587 branded apartments, one 46-storey tower, the 121-key Palace Hotel, Creek Island location and amenities).
Emaar — Palace Residences floor plans, PALACE_FLOOR_PLANS_V1.pdf (apartment and total areas per unit type).
Emaar Properties — 2025 revenue and delivery figures.
PropSearch (propsearch.ae) — December 2022 completion date only; Emaar does not publish a completion date in the pack held.
Dubai Land Department transaction data (Dubai Creek Harbour) — live feed pending.

Location

AREA, COMMUNITY & CONNECTIVITY

Palace Residences is in the Dubai Creek Harbour area.

Location record

Area: Dubai Creek Harbour

Area and community are from our own project record, not the DLD register.

Area and community: our own project record. Neither is a survey, and neither is a substitute for your own site visit.

Developer

Emaar

Dubai Creek Harbour

Emaar is the developer of this project in Dubai Creek Harbour. The figures alongside describe Mitchell’s coverage of Emaar on this site and the registered sales behind it, not an assessment of the developer.

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Projects covered

182

Emaar briefs published on this site

Registered sales

From 1 of 182 briefs joined to the DLD register

Developer attribution as stated on this brief. Counts describe what Mitchell’s Realty publishes and, where shown, sales registered with the Dubai Land Department at those projects; they are not a measure of the developer’s wider portfolio or delivery record.

Method & questions

HOW TO READ THIS PAGE

Two different things sit on this page: transaction evidence taken from the Dubai Land Department’s public register, and the mechanics of buying in Dubai. The four notes below explain how the figures were built and what they can fairly be used for.

Registered, not askedEvery Dubai Land Department figure on this page comes from a sale that completed and was entered on the public register. Asking prices, portal listings and developer price lists are excluded: they record what someone hoped for, not what was paid.
Medians, not averagesProject samples are often thin, and a single penthouse or one bulk-discounted floor will pull an average a long way off. The median — the middle transaction — describes the typical unit far more reliably at these sample sizes. The count behind each figure is always shown so you can judge how much weight it deserves.
Sales only“Sales” means arm’s-length sales. Intra-family and other “Gift” transfers are excluded, as are rows registered at zero or nominal consideration, because neither is evidence of a market price.
A dated snapshotThese are a snapshot at the date stated beside them, taken from one extract of the register rather than queried live. A figure for this project quoted elsewhere, or taken from a different extract, may not match what you see here.

Common questions

What does buying off-plan at Palace Residences involve?

Off-plan means contracting with the developer before the building is finished. In outline: you reserve the unit, sign the developer’s Sale and Purchase Agreement (SPA), and pay in instalments tied to construction milestones rather than in a single sum at the start.

Buyer payments on an off-plan sale in Dubai are made into a project escrow account regulated under Dubai Law No. 8 of 2007, and are released to the developer against verified construction progress. The developer registers the sale with the Dubai Land Department. The contract is between you and Emaar; we act as broker, not as principal.

What is the 4% DLD transfer fee, and who pays it?

The Dubai Land Department charges a property registration (transfer) fee of 4% of the price recorded on the contract, plus a fixed administrative charge. That is the rate in force as at July 2026. The statutory position splits the fee between buyer and seller; established market practice in Dubai is that the buyer pays the whole 4%.

Developers sometimes offer to absorb part or all of it on off-plan sales. Treat that as real only where it is written into the sale documents, not where it appears in marketing. Budget separately for the registration trustee charge, the Oqood registration fee on off-plan units, and — if you are borrowing — mortgage registration at 0.25% of the loan amount.

What is an Oqood registration, and is it the same as a title deed?

No. Oqood is the Dubai Land Department’s registration system for property that is not yet complete. When you buy off-plan, the developer lodges the SPA through Oqood, your interest is recorded on the interim property register, and you receive an initial registration certificate.

The title deed is a separate and later document, issued once the project is complete and the unit is formally transferred into your name. An off-plan purchase that is never registered leaves you off that interim register, so ask for evidence of Oqood registration once your first payment has cleared.

Can a non-UAE buyer own a unit outright?

In Dubai’s designated freehold areas, yes. Regulation No. 3 of 2006 sets out the areas in which non-UAE nationals may hold freehold title or a long lease; outside those areas ownership is restricted to UAE and GCC nationals. Ownership does not depend on holding UAE residency, and no local partner is required.

Tenure attaches to the plot rather than to a development’s marketing, so confirm what is recorded against the specific unit — freehold or leasehold, and the remaining term if leasehold — before you sign.

What happens at handover?

Once the building is complete and the completion certificate issued, you are called for handover: you inspect the unit (the snagging inspection), the developer addresses the defects listed, you settle the final instalment and any outstanding fees, and the unit is transferred into your name with a title deed issued.

Annual service charges begin at handover. They are levied per square foot at a rate approved by the regulator, so they are a recurring cost rather than a one-off. If you intend to let the unit, allow for the interval between handover and the first tenancy — a vacant unit earns nothing, and gross yield is annual rent measured against the purchase price, before those costs are taken off. Emaar gives completion for Palace Residences as Dec 2022; off-plan completion dates can move, and the SPA governs the position.

Where do the Dubai Land Department figures on this page come from?

They are drawn from the Dubai Land Department’s public transaction register — sales actually registered against Palace Residences, rather than asking prices, portal listings or developer price lists. They are a dated extract of the register, not a live query: the extract date is printed with the figures, and everything on this page is calculated from that single extract.

The number of sales behind every figure is shown alongside it. A median drawn from a handful of registrations carries far less weight than one drawn from several hundred, and should be read that way.

Who is Mitchell’s Realty, and how are you paid?

Mitchell’s Realty is the trading brand. The RERA-licensed brokerage behind it is The Luxury Real Estate Brokers LLC.

On developer off-plan sales the commission is paid by the developer. On resale transactions the brokerage fee is agreed with you in writing before terms are signed. We will confirm how we are paid on any specific transaction before you commit to it.

Please note. The above is general information about how transactions work in Dubai, not legal, tax or financial advice, and it is not a recommendation to buy. Fee rates, tenure rules and residency requirements change, and your own position may differ. Take your own independent legal and tax advice before you commit to a purchase.

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