1109, Palace Residences - The Lagoons
Sold prices and rental history: sold 4 times, last in October 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1109, Palace Residences - The Lagoons
What is 1109 worth today?
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Source: Dubai Land Department. Updated 8 January 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 700 sqft
- Floor
- 11th of 43
- Parking
- B3-A58
- Developer
- Emaar
- Completed
- 2022
- Last sold
- AED 2.3M · October 2024
- Building
- Palace Residences - The Lagoons
About 1109, Palace Residences - The Lagoons
1109 is a one-bedroom apartment of 700 sqft on the 11th floor of Palace Residences - The Lagoons, a 43-storey tower in Dubai Creek Harbour completed in 2022 by Emaar. It last sold on 15 October 2024 for AED 2,300,000, or AED 3,287 per sqft, 26% above the AED 2,608 one-beds in the building were fetching at the time.
It has been rented since 2025 on 3 Ejari contracts. The current contract, renewed on 8 January 2026, is AED 120,000 a year: a gross yield of 5.2% on the 2024 price.
Sales and rents for 1109 over time
1109 has sold 4 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Palace Residences - The Lagoons, and where 1109 sits
All 221 1-beds →1109 last sold in October 2024 at AED 3,287 per sqft, 26% above what one-beds in Palace Residences - The Lagoons were fetching at the time (AED 2,608). Over the last 12 months one-beds sold for AED 1,800,000 to 2,350,000, around AED 2,969 per sqft, and rent for AED 50,000 to 244,608 a year. 1109's AED 120,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Oct 202614 October 2026 | 702 sqft | 1,800,000 | 2,564 | ||
| 11 May 202611 May 2026 | 700 sqft | 2,200,000 | 3,144 | ||
| 5 May 20265 May 2026 | 700 sqft | 2,330,000 | 3,329 | ||
| 16 Apr 202616 April 2026 | 702 sqft | 2,000,000 | 2,848 |
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 11th floor
All 587 units in Palace Residences - The Lagoons| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 1-bed | 696 sqft | AED 1.03MAED 1,025,000 · Sep 2022September 2022 | 95,000 /yr | |
| 1102 | 1-bed | 700 sqft | AED 957KAED 956,818 · Jan 2023January 2023 | 105,000 /yr | |
| 1103 | 2-bed | 1,100 sqft | AED 1.41MAED 1,411,888 · Mar 2019March 2019 | 155,000 /yr | |
| 1104 | 3-bed | 1,811 sqft | AED 3.36MAED 3,358,888 · Apr 2022April 2022 | 257,500 /yr | |
| 1105 | 2-bed | 1,095 sqft | AED 3.05MAED 3,050,000 · May 2024May 2024 | 174,531 /yr | |
| 1106 | 2-bed | 1,102 sqft | AED 1.91MAED 1,909,888 · Mar 2022March 2022 | ||
| 1107 | 2-bed | 1,187 sqft | AED 3.45MAED 3,450,000 · Feb 2025February 2025 | 177,500 /yr | |
| 1108 | 2-bed | 1,187 sqft | AED 3.1MAED 3,100,000 · Dec 2023December 2023 | ||
| 1110 | 2-bed | 1,174 sqft | AED 1.87MAED 1,869,888 · Nov 2021November 2021 | 165,000 /yr | |
| 1111 | 3-bed | 1,774 sqft | AED 3.12MAED 3,118,250 · Jul 2022July 2022 | 250,000 /yr | |
| 1112 | 1-bed | 702 sqft | AED 1.93MAED 1,930,000 · Dec 2024December 2024 | 100,000 /yr | |
| 1113 | 1-bed | 703 sqft | AED 1.04MAED 1,038,888 · Sep 2020September 2020 | 120,000 /yr | |
| 1114 | 1-bed | 713 sqft | AED 2.06MAED 2,060,000 · Jan 2026January 2026 | 130,000 /yr | |
| 1115 | 1-bed | 709 sqft | AED 1.05MAED 1,048,888 · May 2019May 2019 | 105,000 /yr |
1109, Palace Residences - The Lagoons in numbers
- Sold 4 times: first on 30 September 2020 for AED 1,328,888, last on 15 October 2024 for AED 2,300,000 (AED 3,287 per sqft).
- Rented since January 2025 on 3 Ejari contracts, at AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2024 price is 5.2%.
- One-beds in Palace Residences - The Lagoons sold for AED 1,800,000–2,350,000 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 8 January 2026.
Questions about 1109, Palace Residences - The Lagoons
What did unit 1109 last sell for?
AED 2,300,000 on 15 October 2024: AED 3,287 per sqft for 700 sqft. The unit has 4 registered sales; the first was AED 1,328,888 in September 2020.
What is the rent for unit 1109?
AED 120,000 a year on the contract renewed on 8 January 2026. The previous contract, from January 2025, was AED 120,000; the unit has been rented since January 2025.
How big is unit 1109?
700 sqft (65.0 sqm): a one-bedroom apartment on the 11th floor of a 43-storey tower completed in 2022.
What is unit 1109 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Palace Residences - The Lagoons sold for AED 1,800,000 to 2,350,000 in the last 12 months, around AED 2,969 per sqft.
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Mortgage on 1109, Palace Residences - The Lagoons
Starts from the last sale price (AED 2.3M, 15 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,300,000
- Deposit, UAE resident (20%)
- AED 460,000
- Deposit, non-resident (40%)
- AED 920,000
- Monthly over 25 years at 3.7%
- AED 9,410
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →