dubai-rent·apartment·Palace Beach Residence Tower 1

Fully Furnished | Sea View | Upgraded

apartment1 BR2 BA851 SQFT

-AED 15K

Price Cut

AED 194

PRICE/SQFT

84d

On Market

AED 850

MONTHLY EST.

Times Dropped

Current asking price

AED 165K

−8.3% (-AED 15K) from last price

🔄

Relisted — this listing was removed and reappeared (last: 13 Apr)

Listing details

Bedrooms

Bathrooms

Size

851 sqft

Price/sqft

AED 194

Area

Palace Beach Residence Tower 1

Listed

20 Jan 2026

Broker: Cruz & Co Real Estate·Ref: 5EPFKN9JMFCTYRF8VS9YEEJAFM

Price history

14 Mar 2026

Original

AED 180K

13 Apr 2026

Drop #1

AED 165K

−8.3% (-AED 15K)

Total reduction: −8.3% (-AED 15K off original)

Price History

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Mortgage Estimate

AED 850 /month

20% down · 25yr · 6% rate (UAE Central Bank guidelines)

Down Payment (20%)

AED 33K

DLD Fee (4%)

AED 7K

Total to Close

AED 40K

Loan Amount

AED 132K

Area intelligence — Palace Beach Residence Tower 1

3 active listings in this area

Median price

AED 27.50M

Median /sqft

AED 4,284

Price range

AED 165K – AED 28.75M

Avg. days listed

13d

1 similar 1-bed apartment in Palace Beach Residence Tower 1

↓ 219 drops this month vs 446 last month(slowing market)

Area Intelligence

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Opens on PropertyFinder

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Deal score

63/100Great deal

Price dropped 8.3%

15/35

Negotiability (37/100)

9/25

99% below median

20/20

Data confidence 90%

9/10

Relisted (urgency signal)

10/10

DropNegot.MedianConf.Relist

Deal Score

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Seller motivation

35/100Motivated

Listed 84 days ago — Extended listing15/25

1 price cut5/25

Total reduction: 8.3%10/25

Seller Motivation

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Negotiability

Some room to negotiate

Seller motivation

14/40

Price cuts count

4/20

Total price reduction

8/20

Time on market

11/15

Suggested offer range

AED 153K – AED 160K

3–7% below asking of AED 165K

Based on market data for similar properties in this area

Negotiability Score

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Area comparison

99% below median

Area median: AED 27.50M (3 active listings in Palace Beach Residence Tower 1)

Median

LowHigh

Area Comparison

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Data confidence

90%

Why: sourced from Bayut with verified reference number

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