2-bed · 1,187 sqftPalace Residences - The Lagoons, Dubai Creek Harbour · 33rd floor · completed 2022

3307, Palace Residences - The Lagoons

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

Unit 3307 · DLD and Ejari recordsUpdated 12 February 2024
Last soldAED 3M12 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3307, Palace Residences - The Lagoons

What is 3307 worth today?

Last sold for AED 3,000,000 in 2024

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12 Feb 2024SoldReady
AED 3,000,000AED 2,527 per sqft
27 May 2019Sold by developerOff-plan
AED 2,017,888AED 1,713 per sqft

Source: Dubai Land Department. Updated 12 February 2024.

Key facts

Type
2-bed apartment
Size
1,187 sqft
Floor
33rd of 43
Parking
B1-A41
Developer
Emaar
Completed
2022
Last sold
AED 3M · February 2024

About 3307, Palace Residences - The Lagoons

3307 is a two-bedroom apartment of 1,187 sqft on the 33rd 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.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3307 over time

Sales
Unit 3307, 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 2,017,888 (AED 1,713 per sqft)Sold, February 2024: AED 3,000,000 (AED 2,527 per sqft)

3307 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3307, each contractTypical two-bed in Palace Residences - The Lagoons
160K165K2024202520262027Typical rent by year: 2024 AED 160,000; 2025 AED 167,400; 2026 AED 160,000

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 3307 sits

All 276 2-beds →

3307 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.

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
33011-bedAED 1.35M · May 2023
33021-bedAED 1.08M · Jun 2019
33032-bedAED 1.47M · Sep 2020
33043-bedAED 3.43M · Feb 2022
33052-bedAED 3.35M · Jun 2024
33062-bedAED 3.35M · Sep 2024
33082-bedAED 2.85M · Dec 2023
1–7 of 13

3307, Palace Residences - The Lagoons in numbers

  • Sold twice: first on 27 May 2019 for AED 2,017,888, last on 12 February 2024 for AED 3,000,000 (AED 2,527 per sqft).
  • 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 12 February 2024.

Questions about 3307, Palace Residences - The Lagoons

What did unit 3307 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 2,017,888 in May 2019.

How big is unit 3307?

1,187 sqft (110.3 sqm): a two-bedroom apartment on the 33rd floor of a 43-storey tower completed in 2022.

What is unit 3307 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 3307, 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 →