Palace Tower 2
2 BR · Apartment
Where it is
Emaar Beachfront
A private peninsula between Marina and the Palm: Emaar towers on their own stretch of beach, inside Dubai Harbour.
- private beach access
- upmarket short-let
- new-build Emaar stock
What to check: Parts of the surrounding Dubai Harbour development are still under construction and the timeline has moved before. Confirm what is complete around your specific tower rather than relying on the masterplan render.
Full district guide →Questions and answers about lot NP5-107380
How much is this 2-bedroom apartment in Palace Tower 2?
Lot NP5-107380 is priced at AED 5 800 000, about $1 579 000. The size is 1 200 sq ft (111 m²), which works out at AED 4 833 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 Tower 2?
The database holds 15 lots in Palace Tower 2 right now, from AED 2 500 000 to AED 9 300 000. 7 of them share this type and bedroom count: by price this lot ranks 6 of 7, cheapest first. At AED 4 833 per sq ft this lot is 13% above the median for the other lots in the project (AED 4 286).
Is this expensive or cheap for Emaar Beachfront?
The database holds 201 lots in Emaar Beachfront, starting from AED 700 000. The area median is AED 4 321 per sq ft; this lot, at AED 4 833, is 12% above it. 29 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Emaar Beachfront 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 1 740 000; a loan of AED 4 060 000 over 25 years at 3.75–4.99% a year comes to roughly AED 20 900–23 700 a month. A non-resident puts down from 40% (AED 2 320 000) and pays about AED 17 900–20 300 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 232 000 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 5 800 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →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 NP5-107380 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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