The palace of the Emir of Bukhara was built in 1907-1911 under the project of N. Tarasova. The ruler of the khanate of Bukhara Seid Abdul Ahat Khan became the master of the palace. The Uzbek dynasty Mangyt he was the seventh ruler. In 1885, he began to manage the khanate, his reign lasted about 25 years. Emir issued a large number of different progressive laws for the country, for example, abolished the penalty, torture and slavery.

Emir almost every summer spent his vacation in the Crimea and the Caucasus. He sacrificed a lot of value to the needs of the city, as Yalta was one of the favorite cities of the emir. City officials have not forgotten the generosity Seid Abdul Ahat Khan and elected him an honorary citizen of the city, as a street was named in his honor. When he died Seid Abdul Ahat Khan, the position of the Emir took his eldest son.

The palace was formerly known as "Dilkiso", which translated from the Turkic language means "charming", "captivating". This name had in the days of the palace of the Emir. Basically, the architecture of the castle is based on combinations of semi-circular and rectangular volumes, there are also terraces and porches, various elements of Arabian architecture. The building itself is a two-storey palace, he built a stone of Kerch. The decoration is a delicate thread of columns and oriental ornaments.

Palace became nationalized after the revolution. Inside the castle opened a magnificent Oriental Museum. During the Great Patriotic War, a large fire destroyed the Palace and most of the exhibits was captured, where now these items are not known. At the moment, in the Palace of the Black Sea Fleet is located sanatorium "Yalta".