Ultimate Guide to Investing in Palace Residences North: Luxury Branded Living at Dubai Creek Harbour
The Dubai real estate market continues to break records, with the first half of 2025 alone seeing a 36% increase in transaction volume. Among the most sought-after opportunities is Palace Residences North, a prestigious off-plan development by Emaar Properties located in the heart of the Island District at Dubai Creek Harbour (DCH).
Whether you are a seasoned investor or looking for your next luxury home, this branded waterfront development offers a unique blend of high capital appreciation and a world-class lifestyle.
Why Choose Palace Residences North?
1. The Power of Branded Residences
Palace Residences North is part of the award-winning Address Hotels + Resorts portfolio. Branded residences in Dubai are currently outperforming the standard market, often commanding rental premiums of 15% to 25% more than non-branded units. Residents enjoy direct access to five-star Palace Hotel services, including gourmet dining and luxury spa facilities, right at their doorstep.
2. Prime Waterfront Location
Situated at the gateway to Creek Island, this 33-story tower sits directly on the Creek Promenade. Its strategic location offers:
Unrivaled Views: Uninterrupted vistas of the canal, Creek Beach, and the iconic Downtown Dubai skyline featuring the Burj Khalifa.
Seamless Connectivity: Only a 15-minute drive to Downtown Dubai, Business Bay, and Dubai International Airport (DXB).
3. Exceptional Amenities
Designed for holistic living, the project features a “raised pool deck” that bridges the gap between urban energy and serene waterfront views. Key facilities include:
Infinity-edge pool and splash pads.
Dedicated Yoga Room and state-of-the-art gymnasium.
Direct private lift access for the waterfront townhouses.
Investment Snapshot: Unit Types & Pricing
Palace Residences North features a curated selection of 335 units. Current starting prices offer a lucrative entry point into one of Emaar’s largest master developments:
Unit Type
Size Range (Sq Ft)
Starting Price (AED)
1-Bedroom Apartment
639 – 642
1.23 Million
2-Bedroom Apartment
992 – 1,174
1.72 Million
3-Bedroom Apartment
1,643 – 1,654
3.03 Million
3-Bedroom Townhouse
1,911 – 1,924
4.19 Million
High ROI and Capital Appreciation Potential
Dubai Creek Harbour is one of the top investment hotspots for 2025 and 2026.
Strong Yields: 1-bedroom apartments in DCH currently offer a 6.4% average ROI.
Future Growth: With the area still in its growth phase, investors can anticipate capital appreciation of 15% to 25% over the next 3–5 years as infrastructure, such as the upcoming Dubai Metro expansion, completes.
Flexible Payment Plan: Emaar offers an 80/20 payment plan, with 80% due during construction and the final 20% upon completion in June 2027.
The Lifestyle: Nature Meets Innovation
Living here means more than just a home; it’s an ecosystem. The community is pet-friendly and sits adjacent to Central Park, which is the size of six football fields. Nature enthusiasts will appreciate being minutes away from the Ras Al Khor Wildlife Sanctuary, home to over 400 species, including pink flamingos.
Description:
Palace Residences North is a 33-story luxury residential tower developed by Emaar Properties in the Island District of Dubai Creek Harbour. Scheduled for completion in June 2027, this branded development features 335 units, including one- to three-bedroom apartments and three-bedroom waterfront townhouses.
