Ready 2 Bed in Palace Beach Residence Tower 2, Emaar Beachfront – Palm View, Price Reduced

Property Overview

This ready two-bedroom apartment in Palace Beach Residence Tower 2, Emaar Beachfront, is offered at AED 4,650,000 for 1,206 sq ft. It is a series 01 unit with a Palm Jumeirah view. The agent reports the asking price has been reduced from AED 5,700,000. No original purchase price or market benchmark was supplied.

Property Highlights

• Asking price: AED 4,650,000
• Previous asking price (agent-stated): AED 5,700,000
• Price reduction: AED 1,050,000 (18.4%)
• Built-up area: 1,206 sq ft
• Rate: approximately AED 3,856 per sq ft
• Unit series: 01 (agent-stated)
• View: Palm Jumeirah (agent-stated)
• Status: ready

Pricing Basis

According to the agent, the seller has reduced the asking price from AED 5,700,000 to AED 4,650,000, a cut of AED 1,050,000 (18.4%). The brief did not include the seller's original purchase price, a DLD transaction or a dated market comparison. DPF therefore shows the reduction as price history only and does not claim a saving against the original price or the market. At AED 4,650,000 for 1,206 sq ft, the asking rate is about AED 3,856 per sq ft.

The agent also mentions a 1,234 sq ft series 05 two-bedroom in the same tower at AED 4,700,000. Buyers should compare recent Palace Beach Residence sales of similar size, series and view before forming a view on value.

About the Project, Developer and Community

Palace Beach Residence is a two-tower residential development by Emaar Properties at Emaar Beachfront, branded with the Palace name. Tower 2 rises 42 floors and Tower 1 30 floors, with about 550 apartments between them, and both were completed in 2025. Emaar Beachfront is a master-planned waterfront community with its own private beach, set between Dubai Marina and Palm Jumeirah.

Layout, Floor and View

The agent describes a 1,206 sq ft two-bedroom series 01 apartment in Tower 2 with a Palm Jumeirah view. The floor, bathroom count, parking, furnishing and occupancy have not been supplied. They should be confirmed with the agent and the title deed.

Payment and Transfer

As a ready resale, the purchase would normally proceed with a Form F (MOU), an Emaar NOC and transfer at the Dubai Land Department. Confirm that handover and title are complete, that no developer balance or mortgage remains, whether the unit is vacant or tenanted, and the service charge.

Location and Connectivity

Emaar Beachfront lies at Dubai Harbour, off Sheikh Zayed Road and King Salman Bin Abdulaziz Al Saud Street, between Dubai Marina, Palm Jumeirah and Bluewaters. Exact travel times depend on the route and time of day and have not been verified for this listing.

Verification Notes

• Agent-supplied facts: tower, unit series, size, Palm view, ready status, price reduction from AED 5.7 million and asking price, plus a second series 05 unit at AED 4.7 million.
• DPF-calculated figures: price reduction amount and percentage, and price per sq ft.
• External research: tower count, floor counts, apartment count and completion year, from the CTBUH Skyscraper Center.
• Not supplied: original purchase price, market benchmark, floor, bathrooms, parking, furnishing, occupancy and service charge.