2-bed · 1,099 sqftPalace Residences - The Lagoons, Dubai Creek Harbour · 1st floor · completed 2022

103, Palace Residences - The Lagoons

Sold prices and rental history: sold 4 times, last in September 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 4 September 2024
Last soldAED 2.6M4 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Palace Residences - The Lagoons

What is 103 worth today?

Last sold for AED 2,600,000 in 2024

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4 Sep 2024SoldReady
AED 2,600,000AED 2,365 per sqft
12 Apr 2023SoldOff-plan
AED 1,620,000AED 1,473 per sqft
21 Feb 2023SoldOff-plan
AED 1,450,000AED 1,318 per sqft
24 Jun 2019Sold by developerOff-plan
AED 1,385,888AED 1,260 per sqft

Source: Dubai Land Department. Updated 4 September 2024.

Key facts

Type
2-bed apartment
Size
1,099 sqft
Floor
1st of 43
Parking
B3-A3
Developer
Emaar
Completed
2022
Last sold
AED 2.6M · September 2024

About 103, Palace Residences - The Lagoons

103 is a two-bedroom apartment of 1,099 sqft on the 1st floor of Palace Residences - The Lagoons, a 43-storey tower in Dubai Creek Harbour completed in 2022 by Emaar. It last sold on 4 September 2024 for AED 2,600,000, or AED 2,365 per sqft, 5% below the AED 2,477 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical two-bed in Palace Residences - The Lagoons
2M3M20192021202320252027Typical sale price by year: 2019 AED 1,893,888; 2020 AED 1,881,888; 2021 AED 1,902,388; 2022 AED 1,984,888; 2023 AED 2,300,000; 2024 AED 3,000,000; 2025 AED 3,350,000; 2026 AED 3,225,000Sold by developer, June 2019: AED 1,385,888 (AED 1,260 per sqft)Sold, February 2023: AED 1,450,000 (AED 1,318 per sqft)Sold, April 2023: AED 1,620,000 (AED 1,473 per sqft)Sold, September 2024: AED 2,600,000 (AED 2,365 per sqft)

103 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 103, each contractTypical two-bed in Palace Residences - The Lagoons
160K165K2024202520262027Typical rent by year: 2024 AED 160,000; 2025 AED 167,400; 2026 AED 160,000

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 103 sits

All 276 2-beds →

103 last sold in September 2024 at AED 2,365 per sqft, 5% below what two-beds in Palace Residences - The Lagoons were fetching at the time (AED 2,477). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Oct 20262,700,000
1 Oct 20263,850,000
22 Sep 20263,100,000
7 Aug 20263,350,000
14 2-bed sales in the last 12 months

Palace Residences - The Lagoons

Building

587 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%
Palace Residences - The Lagoons, Dubai Creek Harbour: prices, sales and rents →
Value
1011-bedAED 1.01M · May 2019
1021-bedAED 1.01M · Jun 2019
1043-bedAED 4M · Nov 2024
1052-bedAED 3.05M · Aug 2024
1062-bedAED 1.75M · Feb 2023
1072-bedAED 2.8M · Nov 2023
1082-bedAED 2.9M · May 2024
1–7 of 14

103, Palace Residences - The Lagoons in numbers

  • Sold 4 times: first on 24 June 2019 for AED 1,385,888, last on 4 September 2024 for AED 2,600,000 (AED 2,365 per sqft).
  • 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 4 September 2024.

Questions about 103, Palace Residences - The Lagoons

What did unit 103 last sell for?

AED 2,600,000 on 4 September 2024: AED 2,365 per sqft for 1,099 sqft. The unit has 4 registered sales; the first was AED 1,385,888 in June 2019.

How big is unit 103?

1,099 sqft (102.1 sqm): a two-bedroom apartment on the 1st floor of a 43-storey tower completed in 2022.

What is unit 103 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 103, Palace Residences - The Lagoons

Starts from the last sale price (AED 2.6M, 4 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

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