Palace Residences, Dubai Creek Harbour: Building Information, Amenities, and Investment Potential

Apartments in Palace Residences stand apart from typical residential towers in Dubai Creek Harbour.

Connected to the Palace Dubai Creek Harbour hotel, these serviced apartments give you hotel amenities with the space of a proper home. The building sits directly on the waterfront with unobstructed creek views that can’t be blocked – even by future development.

Built by Emaar in 2023, the project offers something unique in this area – branded serviced residences with hotel-style services. Most units face the water, and the low-rise design creates a boutique feel compared to the towering skyscrapers elsewhere in the neighborhood. If you’re tired of generic high-rises, Palace Residences offers a refreshing alternative.

Where Is Palace Residences Located and How Do You Get Around?

Palace Residences sits in a prime spot in Dubai Creek Harbour:

• 15 minutes to Downtown Dubai
• 20 minutes to Dubai International Airport
• 15 minutes to DIFC
• 5-minute walk to Creek Marina
• Right on the Creek Harbour Promenade
• Easy access to Ras Al Khor Road

The location gives you waterfront living with decent connectivity. Like most of Creek Harbour, you’ll rely on your car or taxis for now. Public transport isn’t great yet, but the area’s master plan includes future transit solutions. The big plus is being right on the promenade – you can step outside and immediately enjoy waterfront walks without crossing any roads.

What Building Features Set Palace Residences Apart?

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Palace Residences isn’t your typical apartment building:

• Hotel-inspired design with more elegant common areas
• Direct connection to the Palace Hotel
• Only 9 floors, creating a more exclusive feel
• Lobby with concierge staffed by hotel personnel
• Higher-end finishes than standard residential towers
• Restaurant and café spaces integrated into the building
• Drop-off area designed for both residents and hotel guests
• Broader hallways and more generous common spaces

The hotel connection is what really makes the difference here. Instead of the bare-bones service in most residential buildings, Palace Residences borrows from the hotel’s operational standards. This means better-trained staff, more attentive maintenance, and generally higher service levels than you’d find in a standalone apartment building.

What Amenities are Available In Palace Residences?

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The amenities in Palace Residences blend residential needs with hotel luxuries. This includes:

• Access to the hotel’s main swimming pool
• Dedicated residents’ pool for more privacy
• Fitness center with premium equipment
• Housekeeping services available on request
• Room service from hotel restaurants
• Coffee and Pastries cafe
• Concierge for everything from dinner reservations to maintenance
• Valet parking for residents and guests
• Waterfront terraces and gathering spaces
• Children’s play areas integrated into the landscape design

What makes these amenities special is the hotel-standard maintenance and management. The pools don’t suddenly close for repairs, the gym equipment gets fixed promptly, and there’s actual service staff rather than just security guards doubling as concierge.

What Apartment Types Does Palace Residences Have?

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Palace Residences offers a focused selection of larger units:

• One-bedroom apartments from 900-1,100 sq ft
• Two-bedroom units from 1,400-1,600 sq ft
• Three-bedroom apartments from 1,800-2,100 sq ft
• Four-bedroom penthouses on the top floor

Each home includes:

• Higher ceiling heights than typical apartments (nearly 3 meters)
• Kitchens with premium European appliances
• In-built bathtub (for some units)
• Marble finishes in bathrooms
• Engineered wood flooring in living areas
• Floor-to-ceiling windows maximizing views
• Smart home technology pre-installed
• Hotel-quality doors and sound insulation
• Generous balconies on creek-facing units

The layouts feel more generous than equally-sized apartments in other buildings, with more thoughtful space planning. Entry hallways create proper transitions, bedrooms accommodate king-sized beds with room to spare, and living rooms can fit full-sized furniture without cramming.

What Dubai Views Can You See from Palace Residences?

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The views in Palace Residences are a major selling point:

• Most units face directly onto Dubai Creek
• Lower floors still get good water views due to the building’s position
• Downtown Dubai skyline visible from west-facing apartments
• Creek Harbour’s developing skyline from others
• Ras Al Khor Wildlife Sanctuary visible in the distance

Being a low-rise building actually helps with views – you’re not looking down from dizzying heights, but experiencing the creek at a more human scale. The sunrise views across the water are particularly spectacular and often mentioned by residents as a daily highlight.

What’s Within Walking Distance of Palace Residences?

Dubai Creek Harbour is still developing, but several things are genuinely walkable:

• Creek Marina with its yacht berths and boardwalk
• A growing collection of waterfront restaurants
• The extensive Creek Harbour Promenade
• The Palace Hotel’s dining venues
• Small convenience stores for basics
• Public spaces and viewing platforms
• Children’s play areas along the waterfront

While you’ll still drive for major shopping, the walkable options cover daily coffee runs, casual meals, and leisure activities. The promenade is the neighborhood’s biggest asset, offering kilometers of waterfront paths directly from your door.

What Are the Top Attractions and Things to Do Near Palace Residences?

Living at Palace Residences puts you right on Dubai Creek with easy access to waterfront activities. The Creek Harbour Promenade starts at your doorstep, offering a scenic 4.5km path that’s perfect for evening strolls or morning jogs. The path lights up beautifully at night, creating a magical setting for after-dinner walks.

Photo by Homevy

Creek Marina sits just 5 minutes away, where you can arrange yacht charters or just enjoy watching the boats. Several waterfront dining spots have opened along the marina, creating a pleasant atmosphere for sunset drinks. During winter months, the area hosts weekend markets and food festivals that bring the community together.

For nature lovers, Ras Al Khor Wildlife Sanctuary is about 10 minutes away by car, offering a chance to see flamingos and other birds with the city skyline as backdrop. Water activities like kayaking and paddleboarding are available right from the harbor, giving you ways to actively enjoy the creek. What makes all these attractions special is their waterfront setting – Dubai Creek offers a different vibe from the open sea beaches, with calmer waters and city views across the water.

Where Can You Eat Around Palace Residences?

Within Walking Distance:

• Mia’s Kitchen – Mediterranean with waterfront seating
• The Courtyard – The Palace Hotel’s all-day dining restaurant
• Creek Café – Good coffee and light bites
• Marina Social – Casual waterfront dining
• Samakino – Seafood with creek views

Short Drive Away (10-15 minutes):

• Trèsind Studio – Creative Indian worth the splurge
• Kinoya – Authentic Japanese ramen and izakaya
• Meat Me There – Quality steaks in a casual setting
• 3 Fils – Asian-inspired seafood that lives up to the hype
• Boca – Mediterranean with excellent wine selection

The dining within Creek Harbour is still developing, but the hotel connection means having reliable food options right in your building – a significant advantage over standard residential towers where the nearest restaurant might be a drive away.

How Does Palace Residences Perform as an Investment?

Palace Residences has higher prices than standard apartments but offers benefits standard units don’t: hotel services, better amenities, and the “Palace” brand association. The rental yields are slightly lower than some Dubai areas due to the higher purchase prices, but the tenant quality and stability tend to be better.

The service fees also run higher than regular condos because you’re paying for actual services, not just basic maintenance. The flipside is having a better-run building with amenities that properly function.

What Should Owners Know About Managing a Palace Residence?

If you’re buying as an investment:

• You can use the hotel’s rental program to manage your unit
• Standard property management runs 5-8% for yearly leases
• Short-term management costs 15-25% but includes all hotel services
• The hotel rental program usually yields 60-40 owner-operator split
• Creek-view units command 20-30% premium over side-facing ones
• Service charges are higher than standard buildings but include more services
• The property particularly appeals to visitors wanting more space than hotel rooms

The hotel connection creates unique rental opportunities. Your unit can be part of the hotel inventory, managed professionally with minimal owner involvement. This is ideal for overseas investors who want truly hands-off management.

What Do Guests Love About Staying at Palace Residences?

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People who book stays consistently highlight:

• The hotel services within a residential setting
• Spectacular creek views, especially at sunrise
• The ability to order room service
• Having housekeeping available on request
• The peaceful atmosphere compared to busier areas
• Easy access to the waterfront promenade
• More space than similarly priced hotel rooms
• The high-quality finishes throughout the apartment

These factors help maintain strong reviews, supporting good occupancy rates for investors using short-term rental strategies.

Should You Choose Palace Residences?

Palace Residences offers something genuinely different in Dubai Creek Harbour – hotel-branded living with actual services, not just a name on the building. The residence sits between regular apartments and hotel rooms, filling a niche for both residents who want better service and investors targeting premium short-term rentals.

The waterfront position, low-rise design, and hotel amenities create real lifestyle benefits that translate to rental demand. While the initial purchase price and ongoing costs run higher than standard apartments, the premium positioning and service elements help maintain value. For investors seeking a unique rental in an increasingly crowded market, or guests looking for a sweet stay, Palace Residences is the place to be.