2-bed · 1,187 sqftPalace Residences - The Lagoons, Dubai Creek Harbour · 3rd floor · completed 2022

308, Palace Residences - The Lagoons

Sold prices and rental history: sold twice, last in February 2024, and rented once, from March 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 20 March 2026
Last soldAED 3M12 February 2024
Current rentAED 235K /yr20 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Palace Residences - The Lagoons

What is 308 worth today?

Last sold for AED 3,000,000 in 2024

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20 Mar 2026RentedNew contract
AED 235,000/yr12 months · AED 198 per sqft
12 Feb 2024SoldReady
AED 3,000,000AED 2,527 per sqft
8 Sep 2021Sold by developerOff-plan
AED 1,883,888AED 1,592 per sqft

Source: Dubai Land Department. Updated 20 March 2026.

Key facts

Type
2-bed apartment
Size
1,187 sqft
Floor
3rd of 43
Parking
B1-A9
Developer
Emaar
Completed
2022
Last sold
AED 3M · February 2024

About 308, Palace Residences - The Lagoons

308 is a two-bedroom apartment of 1,187 sqft on the 3rd floor of Palace Residences - The Lagoons, a 43-storey tower in Dubai Creek Harbour completed in 2022 by Emaar. It last sold on 12 February 2024 for AED 3,000,000, or AED 2,527 per sqft, 18% above the AED 2,135 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 March 2026. The current contract, signed on 20 March 2026, is AED 235,000 a year: a gross yield of 7.8% on the 2024 price.

Sales and rents for 308 over time

Sales
Unit 308, 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, September 2021: AED 1,883,888 (AED 1,592 per sqft)Sold, February 2024: AED 3,000,000 (AED 2,527 per sqft)

308 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 308, each contractTypical two-bed in Palace Residences - The Lagoons
150K200K2024202520262027Typical rent by year: 2024 AED 160,000; 2025 AED 167,400; 2026 AED 160,000New contract, March 2026: AED 235,000 a year

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 308 sits

All 276 2-beds →

308 last sold in February 2024 at AED 2,527 per sqft, 18% above what two-beds in Palace Residences - The Lagoons were fetching at the time (AED 2,135). 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. 308's AED 235,000 is in the upper half of that range.

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
3011-bedAED 1.02M · May 2019
3021-bedAED 1.73M · Nov 2024
3032-bedAED 1.39M · Nov 2022
3043-bedAED 2.99M · Jun 2019
3052-bedAED 2.35M · Nov 2023
3062-bedAED 2.11M · Jan 2023
3072-bedAED 1.89M · May 2019
1–7 of 14

308, Palace Residences - The Lagoons in numbers

  • Sold twice: first on 8 September 2021 for AED 1,883,888, last on 12 February 2024 for AED 3,000,000 (AED 2,527 per sqft).
  • Rented since March 2026 on one Ejari contract, at AED 235,000 a year.
  • At AED 235,000 a year the gross yield on the 2024 price is 7.8%.
  • 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 20 March 2026.

Questions about 308, Palace Residences - The Lagoons

What did unit 308 last sell for?

AED 3,000,000 on 12 February 2024: AED 2,527 per sqft for 1,187 sqft. The unit has 2 registered sales; the first was AED 1,883,888 in September 2021.

What is the rent for unit 308?

AED 235,000 a year on the contract signed on 20 March 2026.

How big is unit 308?

1,187 sqft (110.3 sqm): a two-bedroom apartment on the 3rd floor of a 43-storey tower completed in 2022.

What is unit 308 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 308, Palace Residences - The Lagoons

Starts from the last sale price (AED 3M, 12 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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