509, Palace Residences - The Lagoons
Sold prices and rental history: sold twice, last in March 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 509, Palace Residences - The Lagoons
What is 509 worth today?
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Source: Dubai Land Department. Updated 28 July 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 700 sqft
- Floor
- 5th of 43
- Parking
- B3-A53
- Developer
- Emaar
- Completed
- 2022
- Last sold
- AED 1.9M · March 2024
- Building
- Palace Residences - The Lagoons
About 509, Palace Residences - The Lagoons
509 is a one-bedroom apartment of 700 sqft on the 5th floor of Palace Residences - The Lagoons, a 43-storey tower in Dubai Creek Harbour completed in 2022 by Emaar. It last sold on 11 March 2024 for AED 1,900,000, or AED 2,716 per sqft, 27% above the AED 2,136 one-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 28 July 2026, is AED 100,000 a year: a gross yield of 5.3% on the 2024 price.
Sales and rents for 509 over time
509 has sold twice; the dashed line is the one-bed median of each year in the building.
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 509 sits
All 221 1-beds →509 last sold in March 2024 at AED 2,716 per sqft, 27% above what one-beds in Palace Residences - The Lagoons were fetching at the time (AED 2,136). 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. 509's AED 100,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Oct 202614 October 2026 | 702 sqft | 1,800,000 | 2,564 | ||
| 11 May 202611 May 2026 | 700 sqft | 2,200,000 | 3,144 | ||
| 5 May 20265 May 2026 | 700 sqft | 2,330,000 | 3,329 | ||
| 16 Apr 202616 April 2026 | 702 sqft | 2,000,000 | 2,848 |
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 5th floor
All 587 units in Palace Residences - The Lagoons| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 696 sqft | AED 1.02MAED 1,022,888 · Jul 2020July 2020 | 99,750 /yr | |
| 502 | 1-bed | 699 sqft | AED 1.75MAED 1,750,000 · Nov 2024November 2024 | 131,999 /yr | |
| 503 | 2-bed | 1,100 sqft | AED 1.4MAED 1,395,888 · Jun 2019June 2019 | 130,000 /yr | |
| 504 | 3-bed | 1,800 sqft | AED 4.43MAED 4,430,000 · Mar 2025March 2025 | ||
| 505 | 2-bed | 1,093 sqft | AED 1.85MAED 1,850,888 · Sep 2020September 2020 | 165,000 /yr | |
| 506 | 2-bed | 1,102 sqft | AED 1.87MAED 1,867,888 · Nov 2021November 2021 | ||
| 507 | 2-bed | 1,187 sqft | AED 3.06MAED 3,060,000 · Feb 2024February 2024 | 280,000 /yr | |
| 508 | 2-bed | 1,183 sqft | AED 1.89MAED 1,890,888 · Dec 2021December 2021 | 173,250 /yr | |
| 510 | 2-bed | 1,174 sqft | AED 1.78MAED 1,784,888 · May 2019May 2019 | ||
| 511 | 3-bed | 1,774 sqft | AED 2.77MAED 2,769,888 · Mar 2023March 2023 | ||
| 512 | 1-bed | 705 sqft | AED 1.03MAED 1,029,888 · Mar 2019March 2019 | 99,750 /yr | |
| 513 | 1-bed | 703 sqft | AED 1.03MAED 1,026,888 · Mar 2019March 2019 | 105,000 /yr | |
| 514 | 1-bed | 708 sqft | AED 1.03MAED 1,034,888 · Mar 2019March 2019 | 99,000 /yr | |
| 515 | 1-bed | 709 sqft | AED 1.04MAED 1,036,888 · Mar 2019March 2019 | 95,000 /yr |
509, Palace Residences - The Lagoons in numbers
- Sold twice: first on 4 July 2019 for AED 1,284,888, last on 11 March 2024 for AED 1,900,000 (AED 2,716 per sqft).
- Rented since July 2025 on 2 Ejari contracts, from AED 110,000 to AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2024 price is 5.3%.
- 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 28 July 2026.
Questions about 509, Palace Residences - The Lagoons
What did unit 509 last sell for?
AED 1,900,000 on 11 March 2024: AED 2,716 per sqft for 700 sqft. The unit has 2 registered sales; the first was AED 1,284,888 in July 2019.
What is the rent for unit 509?
AED 100,000 a year on the contract renewed on 28 July 2026. The previous contract, from July 2025, was AED 110,000.
How big is unit 509?
700 sqft (65.0 sqm): a one-bedroom apartment on the 5th floor of a 43-storey tower completed in 2022.
What is unit 509 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 509, Palace Residences - The Lagoons
Starts from the last sale price (AED 1.9M, 11 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,900,000
- Deposit, UAE resident (20%)
- AED 380,000
- Deposit, non-resident (40%)
- AED 760,000
- Monthly over 25 years at 3.7%
- AED 7,773
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →