1-bed · 708 sqftPalace Residences - The Lagoons, Dubai Creek Harbour · 5th floor · completed 2022

514, Palace Residences - The Lagoons

Sold prices and rental history: sold once, by the developer in March 2019, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 514 · DLD and Ejari recordsUpdated 20 December 2026
Last soldAED 1.03M21 March 2019
Current rentAED 99K /yr20 December 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 514, Palace Residences - The Lagoons

What is 514 worth today?

Last sold for AED 1,034,888 in 2019

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20 Dec 2026RentedRenewal
AED 99,000/yr12 months · AED 139 per sqft
20 Dec 2025RentedRenewal
AED 99,000/yr12 months · AED 139 per sqft
20 Dec 2024RentedRenewal
AED 99,000/yr12 months · AED 139 per sqft
21 Mar 2019Sold by developerOff-plan
AED 1,034,888AED 1,460 per sqft

Source: Dubai Land Department. Updated 20 December 2026.

Key facts

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

About 514, Palace Residences - The Lagoons

514 is a one-bedroom apartment of 708 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 1,034,888, or AED 1,460 per sqft, in line with the AED 1,460 one-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 20 December 2026, is AED 99,000 a year: a gross yield of 9.6% on the 2019 price.

Sales and rents for 514 over time

Sales
Unit 514, 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 1,034,888 (AED 1,460 per sqft)

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

Rents
Unit 514, each contractTypical one-bed in Palace Residences - The Lagoons
100K105K110K2024202520262027Typical rent by year: 2024 AED 105,000; 2025 AED 110,000; 2026 AED 105,000Renewal, December 2024: AED 99,000 a yearRenewal, December 2025: AED 99,000 a yearRenewal, December 2026: AED 99,000 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 514 sits

All 221 1-beds →

514 last sold in March 2019 at AED 1,460 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. 514's AED 99,000 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

514, Palace Residences - The Lagoons in numbers

  • Sold once: by Emaar on 21 March 2019 for AED 1,034,888, or AED 1,460 per sqft.
  • Rented since December 2024 on 3 Ejari contracts, at AED 99,000 a year.
  • At AED 99,000 a year the gross yield on the 2019 price is 9.6%.
  • 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 20 December 2026.

Questions about 514, Palace Residences - The Lagoons

What did unit 514 last sell for?

AED 1,034,888 on 21 March 2019, sold by the developer: AED 1,460 per sqft for 708 sqft. It is the only registered sale of the unit.

What is the rent for unit 514?

AED 99,000 a year on the contract renewed on 20 December 2026. The previous contract, from December 2025, was AED 99,000; the unit has been rented since December 2024.

How big is unit 514?

708 sqft (65.8 sqm): a one-bedroom apartment on the 5th floor of a 43-storey tower completed in 2022.

What is unit 514 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 514, 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 1,034,888
Deposit, UAE resident (20%)
AED 206,978
Deposit, non-resident (40%)
AED 413,955
Monthly over 25 years at 3.7%
AED 4,234

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