1-bed · 705 sqftPalace Residences - The Lagoons, Dubai Creek Harbour · 5th floor · completed 2022

512, Palace Residences - The Lagoons

Sold prices and rental history: sold once, by the developer in March 2019, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 512 · DLD and Ejari recordsUpdated 22 August 2026
Last soldAED 1.03M21 March 2019
Current rentAED 100K /yr22 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 512, Palace Residences - The Lagoons

What is 512 worth today?

Last sold for AED 1,029,888 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

22 Aug 2026RentedRenewal
AED 99,750/yr12 months · AED 142 per sqft
22 Aug 2025RentedRenewal
AED 95,000/yr12 months · AED 135 per sqft
21 Mar 2019Sold by developerOff-plan
AED 1,029,888AED 1,461 per sqft

Source: Dubai Land Department. Updated 22 August 2026.

Key facts

Type
1-bed apartment
Size
705 sqft
Floor
5th of 43
Parking
1
Developer
Emaar
Completed
2022
Last sold
AED 1.03M · March 2019

About 512, Palace Residences - The Lagoons

512 is a one-bedroom apartment of 705 sqft on the 5th floor of Palace Residences - The Lagoons, a 43-storey tower in Dubai Creek Harbour completed in 2022 by Emaar. The developer sold it on 21 March 2019 for AED 1,029,888, or AED 1,461 per sqft, in line with the AED 1,460 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 22 August 2026, is AED 99,750 a year: a gross yield of 9.7% on the 2019 price.

Sales and rents for 512 over time

Sales
Unit 512, 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, March 2019: AED 1,029,888 (AED 1,461 per sqft)

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

Rents
Unit 512, each contractTypical one-bed in Palace Residences - The Lagoons
100K110K2024202520262027Typical rent by year: 2024 AED 105,000; 2025 AED 110,000; 2026 AED 105,000Renewal, August 2025: AED 95,000 a yearRenewal, August 2026: AED 99,750 a year

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 512 sits

All 221 1-beds →

512 last sold in March 2019 at AED 1,461 per sqft, in line with what one-beds in Palace Residences - The Lagoons were fetching at the time (AED 1,460). 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. 512's AED 99,750 is in the lower half of that range.

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
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

512, Palace Residences - The Lagoons in numbers

  • Sold once: by Emaar on 21 March 2019 for AED 1,029,888, or AED 1,461 per sqft.
  • Rented since August 2025 on 2 Ejari contracts, from AED 95,000 to AED 99,750 a year.
  • At AED 99,750 a year the gross yield on the 2019 price is 9.7%.
  • 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 22 August 2026.

Questions about 512, Palace Residences - The Lagoons

What did unit 512 last sell for?

AED 1,029,888 on 21 March 2019, sold by the developer: AED 1,461 per sqft for 705 sqft. It is the only registered sale of the unit.

What is the rent for unit 512?

AED 99,750 a year on the contract renewed on 22 August 2026. The previous contract, from August 2025, was AED 95,000.

How big is unit 512?

705 sqft (65.5 sqm): a one-bedroom apartment on the 5th floor of a 43-storey tower completed in 2022.

What is unit 512 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.

Selling 512? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 512, Palace Residences - The Lagoons

Starts from the last sale price (AED 1.03M, 21 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,029,888
Deposit, UAE resident (20%)
AED 205,978
Deposit, non-resident (40%)
AED 411,955
Monthly over 25 years at 3.7%
AED 4,214

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