515, 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.
Property timeline for 515, Palace Residences - The Lagoons
What is 515 worth today?
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Source: Dubai Land Department. Updated 7 September 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 709 sqft
- Floor
- 5th of 43
- Parking
- 1
- Developer
- Emaar
- Completed
- 2022
- Last sold
- AED 1.04M · March 2019
- Building
- Palace Residences - The Lagoons
About 515, Palace Residences - The Lagoons
515 is a one-bedroom apartment of 709 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 1,036,888, 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 2024 on 2 Ejari contracts. The current contract, renewed on 7 September 2025, is AED 95,000 a year: a gross yield of 9.2% on the 2019 price.
Sales and rents for 515 over time
515 has sold once; 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 515 sits
All 221 1-beds →515 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. 515's AED 95,000 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 | |
| 509 | 1-bed | 700 sqft | AED 1.9MAED 1,900,000 · Mar 2024March 2024 | 100,000 /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, Palace Residences - The Lagoons in numbers
- Sold once: by Emaar on 21 March 2019 for AED 1,036,888, or AED 1,461 per sqft.
- Rented since September 2024 on 2 Ejari contracts, at AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2019 price is 9.2%.
- 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 7 September 2025.
Questions about 515, Palace Residences - The Lagoons
What did unit 515 last sell for?
AED 1,036,888 on 21 March 2019, sold by the developer: AED 1,461 per sqft for 709 sqft. It is the only registered sale of the unit.
What is the rent for unit 515?
AED 95,000 a year on the contract renewed on 7 September 2025. The previous contract, from September 2024, was AED 95,000.
How big is unit 515?
709 sqft (65.9 sqm): a one-bedroom apartment on the 5th floor of a 43-storey tower completed in 2022.
What is unit 515 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 515, Palace Residences - The Lagoons
Starts from the last sale price (AED 1.04M, 21 March 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,036,888
- Deposit, UAE resident (20%)
- AED 207,378
- Deposit, non-resident (40%)
- AED 414,755
- Monthly over 25 years at 3.7%
- AED 4,242
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →