1-bed · 700 sqftPalace Residences - The Lagoons, Dubai Creek Harbour · 32nd floor · completed 2022

3209, Palace Residences - The Lagoons

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

Unit 3209 · DLD and Ejari recordsUpdated 14 March 2024
Last soldAED 2.15M14 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3209, Palace Residences - The Lagoons

What is 3209 worth today?

Last sold for AED 2,150,000 in 2024

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14 Mar 2024SoldReady
AED 2,150,000AED 3,072 per sqft
16 Nov 2022Sold by developerOff-plan
AED 1,462,888AED 2,101 per sqft

Source: Dubai Land Department. Updated 14 March 2024.

Key facts

Type
1-bed apartment
Size
700 sqft
Floor
32nd of 43
Parking
B3-A36
Developer
Emaar
Completed
2022
Last sold
AED 2.15M · March 2024

About 3209, Palace Residences - The Lagoons

3209 is a one-bedroom apartment of 700 sqft on the 32nd floor of Palace Residences - The Lagoons, a 43-storey tower in Dubai Creek Harbour completed in 2022 by Emaar. It last sold on 14 March 2024 for AED 2,150,000, or AED 3,072 per sqft, 41% above the AED 2,181 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3209 over time

Sales
Unit 3209, each saleTypical one-bed in Palace Residences - The Lagoons
1M1.5M2M20192021202320252027Typical sale price by year: 2019 AED 1,056,888; 2020 AED 1,059,888; 2021 AED 1,063,388; 2022 AED 1,073,388; 2023 AED 1,350,000; 2024 AED 1,812,500; 2025 AED 2,010,000; 2026 AED 2,117,500Sold by developer, November 2022: AED 1,462,888 (AED 2,101 per sqft)Sold, March 2024: AED 2,150,000 (AED 3,072 per sqft)

3209 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3209, each contractTypical one-bed in Palace Residences - The Lagoons
105K108K110K2024202520262027Typical rent by year: 2024 AED 105,000; 2025 AED 110,000; 2026 AED 105,000

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 3209 sits

All 221 1-beds →

3209 last sold in March 2024 at AED 3,072 per sqft, 41% above what one-beds in Palace Residences - The Lagoons were fetching at the time (AED 2,181). 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.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Oct 20261,800,000
11 May 20262,200,000
5 May 20262,330,000
16 Apr 20262,000,000
15 1-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
32011-bedAED 1.8M · Apr 2024
32021-bedAED 1.25M · Dec 2022
32032-bedAED 1.47M · Jun 2020
32043-bedAED 3.42M · Apr 2022
32052-bedAED 2.16M · Sep 2022
32062-bedAED 1.99M · Mar 2022
32072-bedAED 2.01M · Sep 2020
1–7 of 13

3209, Palace Residences - The Lagoons in numbers

  • Sold twice: first on 16 November 2022 for AED 1,462,888, last on 14 March 2024 for AED 2,150,000 (AED 3,072 per sqft).
  • 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 14 March 2024.

Questions about 3209, Palace Residences - The Lagoons

What did unit 3209 last sell for?

AED 2,150,000 on 14 March 2024: AED 3,072 per sqft for 700 sqft. The unit has 2 registered sales; the first was AED 1,462,888 in November 2022.

How big is unit 3209?

700 sqft (65.0 sqm): a one-bedroom apartment on the 32nd floor of a 43-storey tower completed in 2022.

What is unit 3209 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 3209, Palace Residences - The Lagoons

Starts from the last sale price (AED 2.15M, 14 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

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