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Published

High Floor | Open Creek Views | Palace Branded

Palace Residences, Al Mamsha, Muwaileh Commercial, Sharjah, UAE

Listed: 13 Jul 2026

Bedrooms

1

Bathrooms

1

Built-up Area

712 sq.ft

Type

Apartment

Asking price

AED 2,200,000

Property Details

ReferenceDD-000826
ContractSale
CategoryApartment
TypeResidential
StatusPublished
StateLive
Bedrooms1
Bathrooms1
Built-up Area712 sq.ft
CompletionReady Secondary
Availability2026-05-25
Permit No.71238651608
Listed13 Jul 2026

Description

AX CAPITAL Real Estate is pleased to present this high-floor 1-bedroom apartment in Palace Residences, offering uninterrupted open views across the Creek, canal, and surrounding skyline.

Property Highlights:

- 1 Bedroom apartment
- Open Creek & canal views
- Spacious glass balcony
- Floor-to-ceiling windows
- Bright open-plan layout
- Open kitchen with modern fittings
- Premium finishes throughout
- Built-in wardrobes

Positioned on a very high floor, the apartment benefits from strong natural light and a greater sense of openness and privacy. The layout is spacious and efficiently planned, featuring a bright living and dining area connected to a large glass balcony overlooking the waterfront surroundings.

The open kitchen is fitted with modern finishes and generous storage, while the bedroom includes built-in wardrobes and an en-suite bathroom designed with understated contemporary detailing. Floor-to-ceiling glazing throughout the apartment enhances both the views and overall sense of space.

Building & Amenities

- Direct access to Palace Hotel amenities & services
- Resort-style swimming pool
- Fully equipped gymnasium
- Outdoor gaming & children’s play areas
- BBQ & social spaces
- Covered parking
- 24/7 security & concierge

Located in Dubai Creek Harbour, the development combines waterfront living with direct connectivity to Downtown Dubai, Business Bay, and Dubai International Airport, while offering a quieter residential atmosphere centered around the marina, promenades, and green public spaces.

AX CAPITAL was built upon a desire to create a real estate agency of the modern era where the customer is central to everything we do. With our values clearly defined, we are committed to continuously evolving as a real estate agency and it is this passion and dedication that marks the foundation of AX CAPITAL and makes us different.


Explore Our Services:

- AX MANAGEMENT
- AX CORPORATE

Regulation

RERA Permit No.: 71238651608|Listed: 13 Jul 2026

Market Intelligence

Completed transactions in Palace Residences

Median sale price/sqft

AED 2,567/sqft+29.9%

Median sale price

AED 2,900,000

Gross rental yield

4.8%

Median annual rent

AED 140,000

Median price/sqft over time

Dec 23Range AED 2,423 – AED 2,823Dec 24

Transaction activity

LiquidityStrongPrice momentumRising

166 sales and 305 rentals in the last 12 months

Primary vs resale

Resale 98.8%

Recent transactions

DateBuildingBedsAreaPriceAED/sqft
2024-12-19Palace Residences31,800 sqftAED 4,300,0002,389
2024-12-19Palace Residences31,800 sqftAED 4,300,0002,389
2024-12-19Palace Residences31,800 sqftAED 4,300,0002,389
2024-12-17Palace Residences1699 sqftAED 1,800,0002,574
2024-12-17Palace Residences1699 sqftAED 1,800,0002,574
2024-12-17Palace Residences1699 sqftAED 1,800,0002,575

Estimates are based on completed transactions and are not an official valuation. Data as of 2024-12-20.

Mortgage calculator

Estimate your monthly payment and the cash you need upfront.

Residency status
AED 440,000 · 20%
AED 440,000AED 1,760,000
AED 1,760,000 · 80%
AED 440,000AED 1,760,000
25 years
1 year25 years
3.75%
1%10%

Estimated monthly payment

AED 9,049

at 3.75% over 25 years

Down payment
AED 440,000
Loan amount
AED 1,760,000
Total interest
AED 954,613
Total cost
AED 3,154,613

Payment breakdown

Principal 65%Interest 35%

Estimates for guidance only. Your bank sets the actual rates, fees and eligibility. The down payment is capped at 80% of the purchase price.

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