2-bed · 1,095 sqftPalace Residences - The Lagoons, Dubai Creek Harbour · 31st floor · completed 2022

3113, Palace Residences - The Lagoons

Sold prices and rental history: sold once, by the developer in May 2019, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3113 · DLD and Ejari recordsUpdated 16 April 2025
Last soldAED 1.46M27 May 2019
Current rentAED 180K /yr16 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3113, Palace Residences - The Lagoons

What is 3113 worth today?

Last sold for AED 1,462,888 in 2019

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16 Apr 2025RentedRenewal
AED 180,000/yr12 months · AED 166 per sqft
16 Apr 2025RentedRenewal
AED 180,000/yr12 months · AED 166 per sqft
16 Apr 2024RentedNew contract
AED 170,000/yr12 months · AED 156 per sqft
27 May 2019Sold by developerOff-plan
AED 1,462,888AED 1,335 per sqft

Source: Dubai Land Department. Updated 16 April 2025.

Key facts

Type
2-bed apartment
Size
1,095 sqft
Floor
31st of 43
Parking
1
Developer
Emaar
Completed
2022
Last sold
AED 1.46M · May 2019

About 3113, Palace Residences - The Lagoons

3113 is a two-bedroom apartment of 1,095 sqft on the 31st floor of Palace Residences - The Lagoons, a 43-storey tower in Dubai Creek Harbour completed in 2022 by Emaar. The developer sold it on 27 May 2019 for AED 1,462,888, or AED 1,335 per sqft, 18% below the AED 1,637 two-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 16 April 2025, is AED 180,000 a year: a gross yield of 12.3% on the 2019 price.

Sales and rents for 3113 over time

Sales
Unit 3113, 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 2019: AED 1,462,888 (AED 1,335 per sqft)

3113 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3113, each contractTypical two-bed in Palace Residences - The Lagoons
160K170K180K2024202520262027Typical rent by year: 2024 AED 160,000; 2025 AED 167,400; 2026 AED 160,000New contract, April 2024: AED 170,000 a yearRenewal, April 2025: AED 180,000 a yearRenewal, April 2025: AED 180,000 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 3113 sits

All 276 2-beds →

3113 last sold in May 2019 at AED 1,335 per sqft, 18% below what two-beds in Palace Residences - The Lagoons were fetching at the time (AED 1,637). 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. 3113's AED 180,000 is in the lower 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
31011-bedAED 1.9M · Aug 2025
31021-bedAED 2.03M · Oct 2025
31032-bedAED 1.47M · Oct 2021
31043-bedAED 3.48M · Nov 2022
31052-bedAED 2.8M · Jan 2024
31062-bedAED 3.3M · Nov 2024
31072-bedAED 2.88M · Jan 2024
1–7 of 13

3113, Palace Residences - The Lagoons in numbers

  • Sold once: by Emaar on 27 May 2019 for AED 1,462,888, or AED 1,335 per sqft.
  • Rented since April 2024 on 3 Ejari contracts, from AED 170,000 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2019 price is 12.3%.
  • 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 16 April 2025.

Questions about 3113, Palace Residences - The Lagoons

What did unit 3113 last sell for?

AED 1,462,888 on 27 May 2019, sold by the developer: AED 1,335 per sqft for 1,095 sqft. It is the only registered sale of the unit.

What is the rent for unit 3113?

AED 180,000 a year on the contract renewed on 16 April 2025. The previous contract, from April 2025, was AED 180,000; the unit has been rented since April 2024.

How big is unit 3113?

1,095 sqft (101.7 sqm): a two-bedroom apartment on the 31st floor of a 43-storey tower completed in 2022.

What is unit 3113 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 3113, Palace Residences - The Lagoons

Starts from the last sale price (AED 1.46M, 27 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,462,888
Deposit, UAE resident (20%)
AED 292,578
Deposit, non-resident (40%)
AED 585,155
Monthly over 25 years at 3.7%
AED 5,985

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