3205, Palace Residences - The Lagoons
Sold prices and rental history: sold once, by the developer in September 2022, and rented once, from May 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3205, Palace Residences - The Lagoons
What is 3205 worth today?
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Source: Dubai Land Department. Updated 7 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,093 sqft
- Floor
- 32nd of 43
- Parking
- 1
- Developer
- Emaar
- Completed
- 2022
- Last sold
- AED 2.16M · September 2022
- Building
- Palace Residences - The Lagoons
About 3205, Palace Residences - The Lagoons
3205 is a two-bedroom apartment of 1,093 sqft on the 32nd floor of Palace Residences - The Lagoons, a 43-storey tower in Dubai Creek Harbour completed in 2022 by Emaar. The developer sold it on 29 September 2022 for AED 2,160,888, or AED 1,976 per sqft, 19% above the AED 1,658 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 7 May 2024. The current contract, signed on 7 May 2024, is AED 170,000 a year: a gross yield of 7.9% on the 2022 price.
Sales and rents for 3205 over time
3205 has sold once; the dashed line is the two-bed median of each year in the building.
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 3205 sits
All 276 2-beds →3205 last sold in September 2022 at AED 1,976 per sqft, 19% above what two-beds in Palace Residences - The Lagoons were fetching at the time (AED 1,658). 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. 3205's AED 170,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Oct 202629 October 2026 | 1,097 sqft | 2,700,000 | 2,460 | ||
| 1 Oct 20261 October 2026 | 1,187 sqft | 3,850,000 | 3,244 | ||
| 22 Sep 202622 September 2026 | 1,104 sqft | 3,100,000 | 2,807 | ||
| 7 Aug 20267 August 2026 | 1,187 sqft | 3,350,000 | 2,822 |
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 32nd floor
All 587 units in Palace Residences - The Lagoons| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3201 | 1-bed | 705 sqft | AED 1.8MAED 1,800,000 · Apr 2024April 2024 | 106,713 /yr | |
| 3202 | 1-bed | 700 sqft | AED 1.25MAED 1,250,000 · Dec 2022December 2022 | ||
| 3203 | 2-bed | 1,100 sqft | AED 1.47MAED 1,468,888 · Jun 2020June 2020 | 165,000 /yr | |
| 3204 | 3-bed | 1,799 sqft | AED 3.42MAED 3,420,888 · Apr 2022April 2022 | 260,000 /yr | |
| 3206 | 2-bed | 1,102 sqft | AED 1.99MAED 1,985,888 · Mar 2022March 2022 | 150,000 /yr | |
| 3207 | 2-bed | 1,178 sqft | AED 2.01MAED 2,014,888 · Sep 2020September 2020 | 150,000 /yr | |
| 3208 | 2-bed | 1,183 sqft | AED 2.01MAED 2,008,888 · May 2019May 2019 | ||
| 3209 | 1-bed | 700 sqft | AED 2.15MAED 2,150,000 · Mar 2024March 2024 | ||
| 3210 | 2-bed | 1,174 sqft | AED 2.01MAED 2,013,888 · Dec 2021December 2021 | 210,000 /yr | |
| 3211 | 3-bed | 1,774 sqft | AED 3.36MAED 3,357,888 · Apr 2022April 2022 | ||
| 3212 | 1-bed | 705 sqft | AED 1.4MAED 1,400,000 · Jun 2023June 2023 | 110,000 /yr | |
| 3213 | 2-bed | 1,091 sqft | AED 2.95MAED 2,950,000 · Sep 2024September 2024 | ||
| 3214 | 2-bed | 1,101 sqft | AED 2.98MAED 2,980,000 · Apr 2024April 2024 | 146,752 /yr |
3205, Palace Residences - The Lagoons in numbers
- Sold once: by Emaar on 29 September 2022 for AED 2,160,888, or AED 1,976 per sqft.
- Rented since May 2024 on one Ejari contract, at AED 170,000 a year.
- At AED 170,000 a year the gross yield on the 2022 price is 7.9%.
- 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 7 May 2024.
Questions about 3205, Palace Residences - The Lagoons
What did unit 3205 last sell for?
AED 2,160,888 on 29 September 2022, sold by the developer: AED 1,976 per sqft for 1,093 sqft. It is the only registered sale of the unit.
What is the rent for unit 3205?
AED 170,000 a year on the contract signed on 7 May 2024.
How big is unit 3205?
1,093 sqft (101.5 sqm): a two-bedroom apartment on the 32nd floor of a 43-storey tower completed in 2022.
What is unit 3205 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 3205, Palace Residences - The Lagoons
Starts from the last sale price (AED 2.16M, 29 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,160,888
- Deposit, UAE resident (20%)
- AED 432,178
- Deposit, non-resident (40%)
- AED 864,355
- Monthly over 25 years at 3.7%
- AED 8,841
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →