3-bed · 1,774 sqftPalace Residences - The Lagoons, Dubai Creek Harbour · 5th floor · completed 2022

511, Palace Residences - The Lagoons

Sold prices and rental history: sold twice, last in March 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 20 March 2023
Last soldAED 2.77M20 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Palace Residences - The Lagoons

What is 511 worth today?

Last sold for AED 2,769,888 in 2023

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20 Mar 2023SoldOff-plan
AED 2,769,888AED 1,560 per sqft
30 Sep 2020Sold by developerOff-plan
AED 2,769,888AED 1,560 per sqft

Source: Dubai Land Department. Updated 20 March 2023.

Key facts

Type
3-bed apartment
Size
1,774 sqft
Floor
5th of 43
Parking
B4-A35, B4-A36
Developer
Emaar
Completed
2022
Last sold
AED 2.77M · March 2023

About 511, Palace Residences - The Lagoons

511 is a three-bedroom apartment of 1,774 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 20 March 2023 for AED 2,769,888, or AED 1,560 per sqft, 16% below the AED 1,854 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 511 over time

Sales
Unit 511, each saleTypical three-bed in Palace Residences - The Lagoons
3M4M5M20192021202320252027Typical sale price by year: 2019 AED 3,115,888; 2020 AED 3,093,888; 2021 AED 3,217,888; 2022 AED 3,296,888; 2023 AED 3,600,000; 2024 AED 4,042,000; 2025 AED 4,900,000; 2026 AED 4,700,000Sold by developer, September 2020: AED 2,769,888 (AED 1,560 per sqft)Sold, March 2023: AED 2,769,888 (AED 1,560 per sqft)

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

Rents
Unit 511, each contractTypical three-bed in Palace Residences - The Lagoons
270K280K2024202520262027Typical rent by year: 2024 AED 280,000; 2025 AED 280,000; 2026 AED 264,290

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Palace Residences - The Lagoons, and where 511 sits

All 82 3-beds →

511 last sold in March 2023 at AED 1,560 per sqft, 16% below what three-beds in Palace Residences - The Lagoons were fetching at the time (AED 1,854). Over the last 12 months three-beds sold for AED 4,150,000 to 5,550,000, around AED 2,723 per sqft, and rent for AED 100,000 to 360,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
20 Jul 20264,700,000
1 May 20264,150,000
3 Mar 20265,550,000
25 Dec 20255,100,000
4 3-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
5011-bedAED 1.02M · Jul 2020
5021-bedAED 1.75M · Nov 2024
5032-bedAED 1.4M · Jun 2019
5043-bedAED 4.43M · Mar 2025
5052-bedAED 1.85M · Sep 2020
5062-bedAED 1.87M · Nov 2021
5072-bedAED 3.06M · Feb 2024
1–7 of 14

511, Palace Residences - The Lagoons in numbers

  • Sold twice: first on 30 September 2020 for AED 2,769,888, last on 20 March 2023 for AED 2,769,888 (AED 1,560 per sqft).
  • Three-beds in Palace Residences - The Lagoons sold for AED 4,150,000–5,550,000 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 20 March 2023.

Questions about 511, Palace Residences - The Lagoons

What did unit 511 last sell for?

AED 2,769,888 on 20 March 2023: AED 1,560 per sqft for 1,774 sqft. The unit has 2 registered sales; the first was AED 2,769,888 in September 2020.

How big is unit 511?

1,774 sqft (164.8 sqm): a three-bedroom apartment on the 5th floor of a 43-storey tower completed in 2022.

What is unit 511 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Palace Residences - The Lagoons sold for AED 4,150,000 to 5,550,000 in the last 12 months, around AED 2,723 per sqft.

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Mortgage on 511, Palace Residences - The Lagoons

Starts from the last sale price (AED 2.77M, 20 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,769,888
Deposit, UAE resident (20%)
AED 553,978
Deposit, non-resident (40%)
AED 1,107,955
Monthly over 25 years at 3.7%
AED 11,332

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