Palace Beach Residence Tower 2

Palace Beach Residence is located in Emaar Beachfront, the iconic coastal development by Emaar. Surrounded by the waters of the Persian Gulf, the residential complex offers an unrivalled resort-style living complete with luxury amenities. Palace Beach Residence comprises a tower of 24 storeys and holds apartments, that vary from 1 to 3-bedroom and start from around 731 sq. ft in size.

Shared amenities include an infinity pool overlooking the sea, a lounge deck, a safe playing space for kids, an outstanding fitness center and a spa. There’s a supermarket and F&B options onsite. The residents will be able to use additional services, such as front desk, comprehensive security system 24/7 and parking.

Palace Beach Residence Location

Emaar Beachfront belongs to Dubai Harbour area and extends for more than 10,000,000 sq. ft. The neighbourhood will include a retail mall and a five-star hotel along with an array of leisure venues, cafes and restaurants dotted around. Moreover, Emaar Beachfront features its own private sandy beach only for residents, stretches for about a mile.

The waterfront promenades are flanked by trendy restaurants, hundreds of boutiques, numerous leisure venues. An upcoming large-scale maritime project of Dubai Harbour is the world’s largest cruise terminal of an extended capacity to take not only touristic but also commercial liners. Undoubtedly, that will add value to all the real estate properties in the vicinity, from the hotel rooms to the residential sector in coming years.

Currently, rental returns from Emaar Beachfront properties are expected to achieve around 8%-12% yearly. This is a good rate enough, compared with the majority of mainland residential communities across Dubai. Sea view is the very “would-like-to-move-in” criteria that forces people to change their place of residence and add the value of the unit by about 30%.