2-bed · 1,007 sqftLagoon Views 7 - Tower B, Damac Lagoons · 5th floor

508, Lagoon Views 7 - Tower B

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

Unit 508 · DLD and Ejari recordsUpdated 5 April 2024
Last soldAED 1.75M5 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Lagoon Views 7 - Tower B

What is 508 worth today?

Last sold for AED 1,749,000 in 2024

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5 Apr 2024Sold by developerOff-plan
AED 1,749,000AED 1,736 per sqft

Source: Dubai Land Department. Updated 5 April 2024.

Key facts

Type
2-bed apartment
Size
1,007 sqft
Floor
5th of 6
Parking
1
Developer
DAMAC
Last sold
AED 1.75M · April 2024

About 508, Lagoon Views 7 - Tower B

508 is a two-bedroom apartment of 1,007 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 5 April 2024 for AED 1,749,000, or AED 1,736 per sqft, 6% below the AED 1,851 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

2-beds in Lagoon Views 7 - Tower B, and where 508 sits

All 12 2-beds →

508 last sold in April 2024 at AED 1,736 per sqft, 6% below what two-beds in Lagoon Views 7 - Tower B were fetching at the time (AED 1,851).

Recent 2-bed salesUnit no.Price (AED)Summary
8 May 20241,917,000
25 Apr 20242,076,030
23 Apr 20241,950,000
22 Apr 20241,751,310
0 2-bed sales 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
5051-bedAED 1.39M · Jun 2024
5061-bedAED 1.18M · Mar 2024
5071-bedAED 1.34M · Apr 2024

508, Lagoon Views 7 - Tower B in numbers

  • Sold once: by DAMAC on 5 April 2024 for AED 1,749,000, or AED 1,736 per sqft.

Source: Dubai Land Department. Updated 5 April 2024.

Questions about 508, Lagoon Views 7 - Tower B

What did unit 508 last sell for?

AED 1,749,000 on 5 April 2024, sold by the developer: AED 1,736 per sqft for 1,007 sqft. It is the only registered sale of the unit.

How big is unit 508?

1,007 sqft (93.6 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower.

What is unit 508 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 508, Lagoon Views 7 - Tower B

Starts from the last sale price (AED 1.75M, 5 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,749,000
Deposit, UAE resident (20%)
AED 349,800
Deposit, non-resident (40%)
AED 699,600
Monthly over 25 years at 3.7%
AED 7,156

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