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

Amir almost every summer to spend their vacation in the Crimea or the Caucasus. He sacrificed a lot of values to the needs of the city, as Yalta was one of the most loved cities of the Emir. City officials have not forgotten the generosity of Sayyid Abdul Ahat Khan and elected him an honorary citizen of the city, is also one of the streets was named in his honor. When he died Syed Abdul Ahat-Han, the position of the Emir took his eldest son.

The Palace was formerly known as "Dilkiso", which translated from Turkish means "charming", "fascinating." The name of the Palace had in the time of Emir. Basically the architecture of the castle is based on a combination of semicircular and rectangular volumes, there are also terraces and porches, the various elements of Arab architecture. The building itself is a two-storey Palace, built from Kerch stone. Decoration is carving of columns and Oriental ornaments.

The Palace was nationalized after the revolution. Inside the castle was opened to the gorgeous Oriental Museum. During the great Patriotic war, a major fire destroyed the Palace, and most of the exhibits was captured, where these exhibits are is not known. At the moment, in the room of the Palace housed the resort's black sea fleet "Yalta".