Off-planDubai Creek Harbour

Palace Residences North

Palace Residences North at Dubai Creek Harbour by Emaar: 1–3 bed branded apartments and 3-bed townhouses from AED 1.23M, construction-linked plan, handover 2027.

DeveloperEmaar

Entry priceAED 1.23M

HandoverJun 2027

StatusOff-plan

CommunityDubai Creek Harbour

Overview

Project brief

PALACE-BRANDED, CANAL-FACING HOMES ON CREEK PROMENADE

Palace Residences North is a branded residential development by Emaar at the gateway to Creek Island, at the heart of Dubai Creek Harbour — the master-planned waterfront district along the historic Dubai Creek. Delivered under the award-winning Palace brand, part of the Address Hotels + Resorts portfolio, it places canal-facing homes on the picturesque Creek Promenade.

The development comprises 335 homes across 33 floors: branded 1, 2 and 3-bedroom apartments together with 3-bedroom canal-facing townhouses, offering views of Creek Beach, Creek Promenade and the Downtown Dubai skyline. Apartments start from 639 square feet and waterfront townhouses extend to 1,924 square feet, with starting prices from AED 1.23 million.

Emaar has structured the launch around a construction-linked payment plan — a 10% down payment followed by further instalments tied to construction milestones, with the final payment due on 100% construction completion, estimated for June 2027.

PROJECT SUMMARY

Project	Palace Residences North
Developer	Emaar
Community	Creek Island, Dubai Creek Harbour
Type	1–3 Bedroom Branded Apartments & 3-Bedroom Townhouses
Total units	335
Starting price	From AED 1.23 million
Payment plan	Construction-linked (10% down + instalments)
Expected completion	June 2027

Based on initial launch information, subject to change if there are future releases.

UNIT MIX & STARTING PRICES

Unit type	Size (sq ft)	Starting price (AED)
1-Bedroom Apartment	639 – 642	1.23M
2-Bedroom Apartment	992 – 1,114	1.72M
3-Bedroom Apartment	1,643 – 1,654	3.03M
3-Bedroom Waterfront Townhouse	1,911 – 1,924	4.19M

Sizes and starting prices per the Emaar fact sheet. Total: 335 units across 33 floors.

THE INVESTMENT CASE

Palace Residences North is an off-plan, 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 North 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 completed 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 at the off-plan stage.

LOCATION: THE GATEWAY TO CREEK ISLAND, DUBAI CREEK HARBOUR

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 strong connections to Downtown Dubai. Palace Residences North sits at the gateway to Creek Island at the heart of the district, on the Creek Promenade, with views of Creek Beach and the Downtown Dubai skyline. It is steps from the Palace hotel, around a 5-minute walk to Central Park and a 10-minute walk to Creek Marina.

APPLICABLE STRATEGIES

Pre-handover resale — the construction-linked plan means a buyer commits limited capital ahead of the 2027 completion; Dubai Creek Harbour has an established resale market in its delivered towers, giving a potential exit route before handover. Actual premiums depend on market conditions at the time and should be checked against live DLD data.
Buy-and-hold for rental — Palace-branded, canal-facing residences with direct access to five-star hotel services support long-let demand; yields to be confirmed against current rental evidence.
Owner-occupation — a primary or second home in a branded, promenade-front community with hotel-style amenities.

RISKS & WATCHPOINTS

Off-plan completion risk — delivery is estimated for June 2027; timelines can move, and returns depend on the market at handover, not today's.
Entry pricing — current pricing and PSF should be verified against live DLD transaction data for Dubai Creek Harbour before committing.
Branded-residence premium — Palace-branded stock typically prices at a premium and can 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.

SOURCES

Emaar — Palace Residences North at Dubai Creek Harbour fact sheet and payment plan.
Emaar Properties — 2025 revenue and delivery figures.
Dubai Land Department transaction data (Dubai Creek Harbour) — live feed pending.

Payment structure

PAYMENT SCHEDULE

Handover Jun 2027

10 instalments as published for this project, totalling 100% of the purchase price. Amounts in AED are calculated from the entry price of AED 1,230,000 stated on this brief and are illustrative only — the sum payable depends on the unit selected and the price agreed.

Cumulative share of purchase price — each block is one instalment

First instalment: 10%Cumulative at final instalment: 100%

Instalment	Share	Cumulative	When due	Amount (AED)
Down payment	10%	10%	Booking · February 2023	AED 123,000
1st	10%	20%	April 2023	AED 123,000
2nd	10%	30%	October 2023	AED 123,000
3rd	5%	35%	April 2024	AED 61,500
4th	5%	40%	10% construction · October 2024	AED 61,500
5th	10%	50%	20% construction · April 2025	AED 123,000
6th	10%	60%	40% construction · October 2025	AED 123,000
7th	10%	70%	60% construction · April 2026	AED 123,000
8th	10%	80%	80% construction · September 2026	AED 123,000
9th (completion)	20%	100%	100% construction · June 2027	AED 246,000
Total	100%			AED 1,230,000

Percentages as published for this project and subject to change by the developer between releases. Amounts shown exclude Dubai Land Department transfer and registration fees, service charges and any other purchase costs, and are not a quotation. Mitchell’s Realty is the trading brand of The Luxury Real Estate Brokers LLC.

Location

AREA, COMMUNITY & CONNECTIVITY

Palace Residences North 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 North 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 North as Jun 2027; 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 North, 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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