Palace Residences North in Dubai Creek Harbour (The Lagoons)
Palace Residences North · Dubai Creek Harbour (The Lagoons), Dubai
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Launch Price
AED 1.73M
Property Type
Mixed-Use
Bedrooms
1 - 3 Beds
Payment Plan
10/70/20
Handover
Q2 2027
Projected Yield
4.5 to 6.5%
Palace Residences North enters the Dubai Creek Harbour (The Lagoons) off-plan market as a multiple/other project with a starting price of AED 1.73M. A 10% booking payment secures the unit. Construction-phase instalments total 70%, with the remaining 20% due at handover scheduled for Q2 2027. Short-term holiday lettings and premium long-term tenancies both contribute to projected gross yields in the 4.5 to 6.5% range at this waterfront location. MonthlyDubai sends personalised shortlists to WhatsApp within 48 hours. Free to use, no agency commission involved.
Payment Plan Breakdown
From AED 80,733/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 10% | AED 173,000 Due on signing SPA |
|
| During Construction | 70% | AED 80,733/mo 15 monthly instalments |
|
| On Handover | 20% | AED 346,000 Due at Q2 2027 |
|
| Total | AED 1,730,000 | ||
On Booking
10%
AED 173,000
Due on signing SPA
During Construction
70%
AED 80,733/mo
15 monthly instalments
On Handover
20%
AED 346,000
Due at Q2 2027
Total
100%
AED 1,730,000
Questions about Palace Residences North
What payment plan does Palace Residences North offer?
Palace Residences North uses a 10/70/20 payment plan. Buyers pay 10% at booking, with the remaining spread across construction and handover in Q2 2027.
Can I buy this project without a mortgage?
Yes. Dubai off-plan developer payment plans do not require bank approval or a mortgage. You pay instalments directly to the developer on a fixed schedule through to handover.
Is this project registered with RERA?
MonthlyDubai only matches buyers with RERA-registered off-plan projects. All funds are held in government-supervised escrow accounts and released only as construction milestones are verified.
How do I find out if this fits my monthly budget?
Use the form on this page. Enter your monthly instalment capacity and WhatsApp number, and the MonthlyDubai team will confirm whether Palace Residences North fits your budget and send you comparable alternatives.
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