Palace Beach Residence at Emaar Beachfront    

Palace Beach Residence is yet another addition to Emaar Beachfront. Set amidst 27 towers on the island, it has a panoramic view of Dubai Harbour, Dubai Marina and Palm Jumeirah, and prestige location. The highway running near the development connects the area to the mainland and gives an access to Sheikh Zayed Road, one of the main transport arteries of the city.

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%.