Palace Residences North
3 BR · Townhouse
About the building
45-storey residential building in Creek Island. Developer — Emaar Properties. Architect — Archgroup Consultants.
Where it is
Dubai Creek Harbour
Emaar’s waterfront city on Dubai Creek: delivered in phases over decades, with the Downtown skyline across the water.
- long-term holds
- waterfront at below-Downtown prices
- Emaar community management
What to check: Much of the masterplan is unbuilt and the anchor attractions are years away. Buy in a completed phase with a protected outlook and price it on what exists — not on the render of what the district will eventually be.
Full district guide →Questions and answers about lot NP17-574341
How much is this 3-bedroom townhouse in Palace Residences North?
Lot NP17-574341 is priced at AED 5 220 000, about $1 421 000. The size is 1 923 sq ft (179 m²), which works out at AED 2 715 per sq ft.
Is there a discount on this lot?
There is no recorded price cut: the lot is in the database at the seller's asking price. The comparisons below show how that price sits against the market.
How does this price compare with other lots in Palace Residences North?
The database holds 11 lots in Palace Residences North right now, from AED 1 746 735 to AED 5 220 000. At AED 2 715 per sq ft this lot is level with the median for the other lots in the project (AED 2 766).
Is this expensive or cheap for Dubai Creek Harbour?
The database holds 67 lots in Dubai Creek Harbour, starting from AED 1 500 000. The area median is AED 2 655 per sq ft; this lot, at AED 2 715, is level with it. 28 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Dubai Creek Harbour area guide →Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes, and the listing does not confirm that this property is ready. If it has been handed over, the numbers are: a resident puts down from 30%, here AED 1 566 000; a loan of AED 3 654 000 over 25 years at 3.75–4.99% a year comes to roughly AED 18 800–21 300 a month. A non-resident puts down from 40% (AED 2 088 000) and pays about AED 16 100–18 300 a month. The bank approves the rate and the amount.
Run your own numbers in the mortgage calculator →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 208 800 for this lot. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
On price, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 5 220 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →What is known about Palace Residences North?
The building has 45 floors. Figures are from the project passport: Propsearch and the Dubai Land Department.
Palace Residences North project page →How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP17-574341 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
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