1-bed · 798 sqftLagoon Views 7 - Tower B, Damac Lagoons · 5th floor

505, Lagoon Views 7 - Tower B

Sold prices and rental history: sold once, by the developer in June 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 7 June 2024
Last soldAED 1.39M7 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Lagoon Views 7 - Tower B

What is 505 worth today?

Last sold for AED 1,386,000 in 2024

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7 Jun 2024Sold by developerOff-plan
AED 1,386,000AED 1,736 per sqft

Source: Dubai Land Department. Updated 7 June 2024.

Key facts

Type
1-bed apartment
Size
798 sqft
Floor
5th of 6
Parking
1
Developer
DAMAC
Last sold
AED 1.39M · June 2024

About 505, Lagoon Views 7 - Tower B

505 is a one-bedroom apartment of 798 sqft on the 5th floor of Lagoon Views 7 - Tower B, a 6-storey tower in Damac Lagoons by DAMAC. The developer sold it on 7 June 2024 for AED 1,386,000, or AED 1,736 per sqft, 3% above the AED 1,683 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

1-beds in Lagoon Views 7 - Tower B, and where 505 sits

All 36 1-beds →

505 last sold in June 2024 at AED 1,736 per sqft, 3% above what one-beds in Lagoon Views 7 - Tower B were fetching at the time (AED 1,683). Over the last 12 months one-beds sold for AED 1,315,000, around AED 1,706 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
28 Jan 20261,315,000
20 May 20241,405,000
9 May 20241,197,000
8 May 20241,295,910
1 1-bed sale in the last 12 months

Lagoon Views 7 - Tower B

Building

48 apartments, 1-bed to 2-bed over 6 floors in Damac Lagoons by DAMAC. 1 sold in the last 12 months.

Typical price per sqft
AED 1,706
Typical sale
AED 1.32M
Typical rent
Few contracts
Typical yield
Lagoon Views 7 - Tower B, Damac Lagoons: prices, sales and rents →

Other units on the 5th floor

All 48 units in Lagoon Views 7 - Tower B
Value
5012-bedAED 1.95M · Apr 2024
5021-bedAED 1.34M · Mar 2024
5031-bedAED 1.18M · Mar 2024
5041-bedAED 1.39M · Mar 2024
5061-bedAED 1.18M · Mar 2024
5071-bedAED 1.34M · Apr 2024
5082-bedAED 1.75M · Apr 2024

505, Lagoon Views 7 - Tower B in numbers

  • Sold once: by DAMAC on 7 June 2024 for AED 1,386,000, or AED 1,736 per sqft.
  • One-beds in Lagoon Views 7 - Tower B sold for AED 1,315,000–1,315,000 in the 12 months to November 2026; the building's median across all types is AED 1,706 per sqft.

Source: Dubai Land Department. Updated 7 June 2024.

Questions about 505, Lagoon Views 7 - Tower B

What did unit 505 last sell for?

AED 1,386,000 on 7 June 2024, sold by the developer: AED 1,736 per sqft for 798 sqft. It is the only registered sale of the unit.

How big is unit 505?

798 sqft (74.1 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower.

What is unit 505 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Lagoon Views 7 - Tower B sold for AED 1,315,000 to 1,315,000 in the last 12 months, around AED 1,706 per sqft.

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Mortgage on 505, Lagoon Views 7 - Tower B

Starts from the last sale price (AED 1.39M, 7 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,386,000
Deposit, UAE resident (20%)
AED 277,200
Deposit, non-resident (40%)
AED 554,400
Monthly over 25 years at 3.7%
AED 5,671

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →