Palace Residences by Address Hotels + Resorts in Business Bay
launched

Palace Residences by Address Hotels + Resorts in Business Bay

Business Bay
Starting FromPrice on Request
Type
apartment
Bedrooms
1 - 4
Completion
TBA

Exclusive Waterside Living in Dubai Creek Harbour

Palace Residences by Address Hotels + Resorts, developed by Emaar Properties, offers a unique opportunity to invest in premium 1 to 4-bedroom apartments located in the vibrant Business Bay area of Dubai Creek Harbour. This prestigious development features elegant residences with private balconies and breathtaking views of Dubai Creek Tower, combining luxury living with an unmatched investment asset in Dubai’s next iconic destination.

Unrivalled Lifestyle and Prime Location

Set alongside the new Place Hotel, Palace Residences provide access to world-class dining, deluxe hotel services, and exclusive amenities within two contemporary 44-storey towers. Residents enjoy the tranquility of waterside living paired with seamless connectivity to Dubai’s key business and leisure hubs. The development promises refined hospitality, privileged access to Creek Island’s promenade, and an exceptional lifestyle tailored for discerning homeowners and investors alike.

Gallery

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Location

Business Bay

About the Developer

Emaar Properties

One of the leading developers in Dubai, known for quality and innovation.

View all projects by Emaar Properties

Frequently Asked Questions

Palace Residences is positioned in Dubai Creek Harbour, a rapidly growing district set to become a global icon. Its prime location, combined with Emaar’s reputable development and luxury hotel services, ensures high demand and capital appreciation potential.
Residents enjoy access to world-class dining, deluxe hotel services, exclusive amenities within residential towers, and stunning waterfront views. The development offers refined hospitality and a tranquil yet vibrant living environment.
Situated in Business Bay, Palace Residences benefits from excellent connectivity to Dubai’s financial district, Downtown Dubai, and major transport routes, providing easy access to work, leisure, and entertainment.
Pricing and handover dates are to be announced. Interested buyers should contact a representative for the latest updates on availability, payment options, and handover schedules.

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Property Details

Property PriceAED 2,000,000
Down Payment20%
Annual RentAED 120,000
Surface Area (sqft)800 sqft
Service Charges (AED/sqft)15 AED/sqft

Investment Parameters

Appreciation Rate5% / year
Holding Period5 years
Mortgage Rate5%
Loan Term25 years

ROI Projections

Investment

AED 400,000

Future Value

AED 2,552,563

Capital Gain

+AED 552,563

Annual Cash Flow

-AED 4,241

Total ROI (5 years)

132.8%

18.4% annualized