Overview
Palace Residences North by Emaar is a premium waterfront development in the Island District of Dubai Creek Harbour. Located next to the 5-star Palace Hotel, it offers 1–3 bedroom apartments and 3-bedroom townhouses with direct access to world-class hospitality, dining, and leisure. Residents enjoy stunning Creek and Downtown skyline views, a tranquil lifestyle by the water, and close proximity to Central Park, Creek Marina, and The Viewing Point. With exceptional design and branded luxury under the Palace name, this development combines elegance, exclusivity, and investment potential in one of Dubai’s most sought-after waterfront communities.
1.23M AED
Starting Price (in AED)
1–3 BR Apts & 3 BR Waterfront Townhouses
Bedrooms
Q4-2026
Handover
Apartment
Property Type
Off plan
Listing Type
History and Establishments
Launch (2023): Announced by Emaar as a branded waterfront residence under the Palace Hotels portfolio. Construction (2023–2026): Waterfront mid-rise towers offering apartments and townhouses beside the Palace Hotel. Completion (Expected Q4 2026): Fully finished branded homes with 5-star lifestyle amenities and Creek-facing views.
Investment Plan
Palace Residences by Emaar is a branded luxury residential project in Dubai Hills Estate offering 1–3 BED apartments, 3-bed townhouses, and larger floors with a developer-backed 80/20 payment plan — typically 10% on booking, 70% during construction, and 20% on handover (expected Q2 2028) — making it easier for investors to enter with manageable upfront capital while the community develops. From an investment perspective, the project’s prime Dubai Hills location, strong developer brand, and 5-star lifestyle positioning help support steady rental demand (with branded units in the area often showing ~7–9% gross yields) and attractive capital appreciation potential as the masterplan matures and amenities complete.
Capital Appreciation
Branded, prime Dubai Hills Estate properties like Palace Residences have seen strong investor interest and pricing momentum, with some market data suggesting capital appreciation could reach upwards of ~50% as the community and amenities mature. Dubai Hills Estate overall has experienced notable price growth in prime clusters, with apartments and luxury units recording ~20–30% appreciation between 2021–2024 in key locations. Limited supply of branded luxury residences and continued demand from both end-users and global investors supports sustained pricing pressure and liquidity in the secondary market. Based on off-plan trends and projected market momentum toward completion (handover expected ~2028), early buyers could see another ~15–25%+ appreciation over the next 3–5 years assuming continued demand and limited new supply.
Amenities & Features

Infinity-edge swimming pool
BBQ & lawn area

Retail & dining promenade
State-of-the-art gym

Yoga room
Waterfront views
Location

5
Mins walk to Central Park
10
Mins walk to Creek Marina
10
Mins drive to Burj Khalifa
15
Mins drive to Dubai International Airport
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