Palace Beach Residence Tower 1, Emaar Beachfront
Palace Beach Residence Tower 1 is a 33-storey residential tower by Emaar Properties on Emaar Beachfront, part of the Dubai Harbour masterplan between Palm Jumeirah and Jumeirah Beach Residence (JBR). It is one of two towers in the Palace Beach Residence twin-tower project, with a developer-targeted handover of Q4 2025. Royale Stays manages Dubai short-term rentals from a fee starting from 15%.
Developer
Emaar Properties
Storeys
33
Units
1, 2 & 3BR apartments
Location
Emaar Beachfront, Dubai Harbour
Status
Handed over (targeted Q4 2025)
About Palace Beach Residence Tower 1
Palace Beach Residence Tower 1 is one of two towers in the Palace Beach Residence project, a twin-tower development by Emaar Properties sharing a common podium on Emaar Beachfront, part of the wider Dubai Harbour masterplan. Tower 1 rises 33 storeys (Ground plus Mezzanine plus 5 podium levels plus 23 residential levels plus a leisure level, machine room and roof, totalling 117.6 metres), a figure confirmed by three independent listing sites citing the identical detailed technical breakdown.
Tower 1 offers one, two and three-bedroom apartments. This is distinct from the wider two-tower project's broader unit range, which also includes four-bedroom apartments and penthouses concentrated in the taller, 42-storey Tower 2. Reported sales for Tower 1 reached full sell-out ahead of handover, per two independent sources. The developer targeted Q4 2025 for completion, specifically October 31, 2025 per one source's structured project data.
Total unit count for Tower 1 is not stated by any source found, so no total is asserted here. Palace Beach Residence Tower 2, a separate 42-storey tower in the same twin-tower project, is covered in its own Royale Stays guide; the two towers are related but distinct buildings, and this guide covers Tower 1 only.
Location & Nearby Landmarks
Palace Beach Residence Tower 1 sits on Emaar Beachfront, within the Dubai Harbour masterplan between Palm Jumeirah and Jumeirah Beach Residence (JBR), per matching descriptions from two independent sources.
Palace Beach Residence Tower 1 forms part of Royale Stays' Emaar Beachfront community guide, which covers the wider Dubai Harbour development in more detail. Nearby, Royale Stays also covers Grand Bleu Tower 1, Beach Vista Tower 2 and Sunrise Bay Tower 1, three other Emaar Beachfront towers in the same beachfront cluster.
Unit Types
Palace Beach Residence Tower 1 offers one, two and three-bedroom apartments, per matching data from three independent sources. The wider Palace Beach Residence project's broader range, including four-bedroom apartments and penthouse units, is concentrated in the separate, taller Tower 2 rather than Tower 1.
Amenities
Palace Beach Residence Tower 1 shares its podium-level amenities with Tower 2, including private beach access to Emaar Beachfront's roughly mile-long private beach, an infinity pool, a gym and fitness centre, a kids' play area, a spa, a lounge deck and 24/7 concierge and security, with retail space at podium level. This is a consistent description across three independent sources.
Transportation & Access
Palace Beach Residence Tower 1's Emaar Beachfront location sits within the Dubai Harbour masterplan, between Palm Jumeirah and JBR, with onward road access toward Sheikh Zayed Road and the rest of the Dubai coastline shared with its Emaar Beachfront neighbours.
Rental & Price Trends
Palace Beach Residence Tower 1's original developer-sold inventory reached full sell-out ahead of handover, per two independent sources, meaning any current purchase now runs through the secondary resale market rather than direct developer sale. This guide does not present an invented resale price or rental yield figure for Tower 1.
Airbnb / Short-Term Rental Income Potential
Royale Stays does not currently manage a property at Palace Beach Residence Tower 1 or elsewhere on Emaar Beachfront, so no occupancy or income figure is stated here on the company's behalf. Emaar Beachfront is not yet one of Royale Stays' active service areas.
Independent research during preparation of this guide found genuine, building-specific short-term letting activity already underway at Palace Beach Residence Tower 1: a live Airbnb listing for a one-bedroom unit in the building, and a separate Booking.com listing operated by an agency named Mint Stay for individually let units in the same tower. This confirms real short-term rental demand and activity at the building level, though it does not represent a Royale Stays-managed figure.
Palace Beach Residence Tower 1 is a standard Emaar Properties residential building, not a hotel-operated or hotel-branded one, so no policy reason, unlike Vida, the site's only confirmed prohibited brand, prevents Tower 1 apartments from being run as licensed holiday homes. The standard DTCM (Department of Economy and Tourism) holiday-home permit process is expected to apply. The wider operational approach is covered in Royale Stays' guide to Airbnb property management in Dubai, including furnishing, photography, pricing, check-in and guest communications for a fee starting from 15%. Royale Stays' guide to the Dubai holiday home permit covers what the process and fees generally involve. Owners ready to move forward can submit their property for a free earnings estimate.
No Royale Stays-managed unit currently exists at Palace Beach Residence Tower 1; the Airbnb and Booking.com listings referenced above are independently operated, third-party listings found during research, not Royale Stays-managed units, and are cited only to establish genuine building-level short-term rental activity.
Questions