2-bed · 1,191 sqftPalace Residences - The Lagoons, Dubai Creek Harbour · 1st floor · completed 2022

108, Palace Residences - The Lagoons

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

Unit 108 · DLD and Ejari recordsUpdated 17 May 2024
Last soldAED 2.9M17 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 108, Palace Residences - The Lagoons

What is 108 worth today?

Last sold for AED 2,900,000 in 2024

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17 May 2024SoldReady
AED 2,900,000AED 2,434 per sqft
31 Aug 2023SoldReady
AED 2,490,000AED 2,090 per sqft
10 May 2023SoldOff-plan
AED 2,075,000AED 1,754 per sqft
12 May 2022Sold by developerOff-plan
AED 1,875,888AED 1,585 per sqft

Source: Dubai Land Department. Updated 17 May 2024.

Key facts

Type
2-bed apartment
Size
1,191 sqft
Floor
1st of 43
Parking
B2-A170
Developer
Emaar
Completed
2022
Last sold
AED 2.9M · May 2024

About 108, Palace Residences - The Lagoons

108 is a two-bedroom apartment of 1,191 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 17 May 2024 for AED 2,900,000, or AED 2,434 per sqft, in line with the AED 2,366 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 108 over time

Sales
Unit 108, 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, May 2022: AED 1,875,888 (AED 1,585 per sqft)Sold, May 2023: AED 2,075,000 (AED 1,754 per sqft)Sold, August 2023: AED 2,490,000 (AED 2,090 per sqft)Sold, May 2024: AED 2,900,000 (AED 2,434 per sqft)

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

Rents
Unit 108, 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 108 sits

All 276 2-beds →

108 last sold in May 2024 at AED 2,434 per sqft, in line with what two-beds in Palace Residences - The Lagoons were fetching at the time (AED 2,366). 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
1032-bedAED 2.6M · Sep 2024
1043-bedAED 4M · Nov 2024
1052-bedAED 3.05M · Aug 2024
1062-bedAED 1.75M · Feb 2023
1072-bedAED 2.8M · Nov 2023
1–7 of 14

108, Palace Residences - The Lagoons in numbers

  • Sold 4 times: first on 12 May 2022 for AED 1,875,888, last on 17 May 2024 for AED 2,900,000 (AED 2,434 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 17 May 2024.

Questions about 108, Palace Residences - The Lagoons

What did unit 108 last sell for?

AED 2,900,000 on 17 May 2024: AED 2,434 per sqft for 1,191 sqft. The unit has 4 registered sales; the first was AED 1,875,888 in May 2022.

How big is unit 108?

1,191 sqft (110.6 sqm): a two-bedroom apartment on the 1st floor of a 43-storey tower completed in 2022.

What is unit 108 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 108, Palace Residences - The Lagoons

Starts from the last sale price (AED 2.9M, 17 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,900,000
Deposit, UAE resident (20%)
AED 580,000
Deposit, non-resident (40%)
AED 1,160,000
Monthly over 25 years at 3.7%
AED 11,865

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