1003, Palace Residences - The Lagoons
Sold prices and rental history: sold once, by the developer in November 2021, and rented continuously since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1003, Palace Residences - The Lagoons
What is 1003 worth today?
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Source: Dubai Land Department. Updated 15 August 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,100 sqft
- Floor
- 10th of 43
- Parking
- 1
- Developer
- Emaar
- Completed
- 2022
- Last sold
- AED 1.41M · November 2021
- Building
- Palace Residences - The Lagoons
About 1003, Palace Residences - The Lagoons
1003 is a two-bedroom apartment of 1,100 sqft on the 10th floor of Palace Residences - The Lagoons, a 43-storey tower in Dubai Creek Harbour completed in 2022 by Emaar. The developer sold it on 9 November 2021 for AED 1,408,888, or AED 1,281 per sqft, 24% below the AED 1,679 two-beds in the building were fetching at the time.
It has been rented continuously since 2025 on 4 Ejari contracts. The current contract, renewed on 15 August 2026, is AED 160,000 a year: a gross yield of 11.4% on the 2021 price.
Sales and rents for 1003 over time
1003 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Palace Residences - The Lagoons, and where 1003 sits
All 276 2-beds →1003 last sold in November 2021 at AED 1,281 per sqft, 24% below what two-beds in Palace Residences - The Lagoons were fetching at the time (AED 1,679). Over the last 12 months two-beds sold for AED 2,100,000 to 3,850,000, around AED 2,815 per sqft, and rent for AED 120,750 to 280,000 a year. 1003's AED 160,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Oct 202629 October 2026 | 1,097 sqft | 2,700,000 | 2,460 | ||
| 1 Oct 20261 October 2026 | 1,187 sqft | 3,850,000 | 3,244 | ||
| 22 Sep 202622 September 2026 | 1,104 sqft | 3,100,000 | 2,807 | ||
| 7 Aug 20267 August 2026 | 1,187 sqft | 3,350,000 | 2,822 |
Palace Residences - The Lagoons
Building587 apartments, 1-bed to 4-bed over 43 floors in Dubai Creek Harbour, completed in 2022 by Emaar. 33 sold in the last 12 months.
- Typical price per sqft
- AED 2,907 Up 4.2%
- Typical sale
- AED 2.7M
- Typical rent
- AED 150K /yr
- Typical yield
- 5.1%
Other units on the 10th floor
All 587 units in Palace Residences - The Lagoons| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 696 sqft | AED 1.03MAED 1,032,888 · May 2019May 2019 | 100,000 /yr | |
| 1002 | 1-bed | 699 sqft | AED 1.03MAED 1,032,888 · Jun 2019June 2019 | 110,000 /yr | |
| 1004 | 3-bed | 1,800 sqft | AED 6.5MAED 6,500,000 · Apr 2025April 2025 | ||
| 1005 | 2-bed | 1,093 sqft | AED 1.87MAED 1,868,888 · Nov 2019November 2019 | ||
| 1006 | 2-bed | 1,102 sqft | AED 2.64MAED 2,642,888 · Jun 2023June 2023 | ||
| 1007 | 2-bed | 1,187 sqft | AED 3MAED 3,000,000 · Nov 2023November 2023 | 160,000 /yr | |
| 1008 | 2-bed | 1,187 sqft | AED 3.33MAED 3,330,000 · Nov 2024November 2024 | ||
| 1009 | 1-bed | 700 sqft | AED 1.9MAED 1,900,000 · Feb 2024February 2024 | ||
| 1010 | 2-bed | 1,174 sqft | AED 1.9MAED 1,900,000 · Oct 2022October 2022 | 180,000 /yr | |
| 1011 | 3-bed | 1,774 sqft | AED 3.35MAED 3,350,000 · Mar 2023March 2023 | ||
| 1012 | 1-bed | 705 sqft | AED 1.04MAED 1,039,888 · Jun 2019June 2019 | 99,750 /yr | |
| 1013 | 1-bed | 703 sqft | AED 1.04MAED 1,036,888 · Mar 2022March 2022 | 135,000 /yr | |
| 1014 | 1-bed | 708 sqft | AED 1.04MAED 1,044,888 · Jun 2019June 2019 | ||
| 1015 | 1-bed | 709 sqft | AED 1.5MAED 1,500,000 · May 2023May 2023 | 135,000 /yr |
1003, Palace Residences - The Lagoons in numbers
- Sold once: by Emaar on 9 November 2021 for AED 1,408,888, or AED 1,281 per sqft.
- Rented since February 2025 on 4 Ejari contracts, from AED 150,000 to AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2021 price is 11.4%.
- Two-beds in Palace Residences - The Lagoons sold for AED 2,100,000–3,850,000 in the 12 months to November 2026; the building's median across all types is AED 2,907 per sqft.
Source: Dubai Land Department. Updated 15 August 2026.
Questions about 1003, Palace Residences - The Lagoons
What did unit 1003 last sell for?
AED 1,408,888 on 9 November 2021, sold by the developer: AED 1,281 per sqft for 1,100 sqft. It is the only registered sale of the unit.
What is the rent for unit 1003?
AED 160,000 a year on the contract renewed on 15 August 2026. The previous contract, from August 2025, was AED 160,000; the unit has been rented since February 2025.
How big is unit 1003?
1,100 sqft (102.2 sqm): a two-bedroom apartment on the 10th floor of a 43-storey tower completed in 2022.
What is unit 1003 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Palace Residences - The Lagoons sold for AED 2,100,000 to 3,850,000 in the last 12 months, around AED 2,815 per sqft.
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Mortgage on 1003, Palace Residences - The Lagoons
Starts from the last sale price (AED 1.41M, 9 November 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,408,888
- Deposit, UAE resident (20%)
- AED 281,778
- Deposit, non-resident (40%)
- AED 563,555
- Monthly over 25 years at 3.7%
- AED 5,764
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →