2-bed · 1,098 sqftPalace Residences - The Lagoons, Dubai Creek Harbour · 6th floor · completed 2022

603, Palace Residences - The Lagoons

Sold prices and rental history: sold 3 times, last in October 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 27 February 2025
Last soldAED 3.25M10 October 2024
Current rentAED 210K /yr27 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Palace Residences - The Lagoons

What is 603 worth today?

Last sold for AED 3,250,000 in 2024

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27 Feb 2025RentedNew contract
AED 210,000/yr12 months · AED 191 per sqft
27 Feb 2025RentedNew contract
AED 210,000/yr12 months · AED 191 per sqft
10 Oct 2024SoldReady
AED 3,250,000AED 2,958 per sqft
1 Jun 2022SoldOff-plan
AED 1,398,888AED 1,272 per sqft
23 Jul 2019Sold by developerOff-plan
AED 1,398,888AED 1,272 per sqft

Source: Dubai Land Department. Updated 27 February 2025.

Key facts

Type
2-bed apartment
Size
1,098 sqft
Floor
6th of 43
Parking
B3-A83
Developer
Emaar
Completed
2022
Last sold
AED 3.25M · October 2024

About 603, Palace Residences - The Lagoons

603 is a two-bedroom apartment of 1,098 sqft on the 6th floor of Palace Residences - The Lagoons, a 43-storey tower in Dubai Creek Harbour completed in 2022 by Emaar. It last sold on 10 October 2024 for AED 3,250,000, or AED 2,958 per sqft, 17% above the AED 2,527 two-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 27 February 2025, is AED 210,000 a year: a gross yield of 6.5% on the 2024 price.

Sales and rents for 603 over time

Sales
Unit 603, each saleTypical two-bed in Palace Residences - The Lagoons
2M3M20192021202320252027Typical sale price by year: 2019 AED 1,893,888; 2020 AED 1,881,888; 2021 AED 1,902,388; 2022 AED 1,984,888; 2023 AED 2,300,000; 2024 AED 3,000,000; 2025 AED 3,350,000; 2026 AED 3,225,000Sold by developer, July 2019: AED 1,398,888 (AED 1,272 per sqft)Sold, June 2022: AED 1,398,888 (AED 1,272 per sqft)Sold, October 2024: AED 3,250,000 (AED 2,958 per sqft)

603 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 603, each contractTypical two-bed in Palace Residences - The Lagoons
175K200K2024202520262027Typical rent by year: 2024 AED 160,000; 2025 AED 167,400; 2026 AED 160,000New contract, February 2025: AED 210,000 a yearNew contract, February 2025: AED 210,000 a year

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

2-beds in Palace Residences - The Lagoons, and where 603 sits

All 276 2-beds →

603 last sold in October 2024 at AED 2,958 per sqft, 17% above what two-beds in Palace Residences - The Lagoons were fetching at the time (AED 2,527). Over the last 12 months two-beds sold for AED 2,100,000 to 3,850,000, around AED 2,815 per sqft, and rent for AED 120,750 to 280,000 a year. 603's AED 210,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Oct 20262,700,000
1 Oct 20263,850,000
22 Sep 20263,100,000
7 Aug 20263,350,000
14 2-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
6011-bedAED 1.65M · Sep 2024
6021-bedAED 1.8M · Dec 2024
6043-bedAED 3M · Mar 2022
6052-bedAED 1.85M · Oct 2020
6062-bedAED 1.87M · Jun 2019
6072-bedAED 3.04M · Jan 2024
6082-bedAED 1.89M · Jun 2019
1–7 of 14

603, Palace Residences - The Lagoons in numbers

  • Sold 3 times: first on 23 July 2019 for AED 1,398,888, last on 10 October 2024 for AED 3,250,000 (AED 2,958 per sqft).
  • Rented since February 2025 on 2 Ejari contracts, at AED 210,000 a year.
  • At AED 210,000 a year the gross yield on the 2024 price is 6.5%.
  • Two-beds in Palace Residences - The Lagoons sold for AED 2,100,000–3,850,000 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 27 February 2025.

Questions about 603, Palace Residences - The Lagoons

What did unit 603 last sell for?

AED 3,250,000 on 10 October 2024: AED 2,958 per sqft for 1,098 sqft. The unit has 3 registered sales; the first was AED 1,398,888 in July 2019.

What is the rent for unit 603?

AED 210,000 a year on the contract signed on 27 February 2025. The previous contract, from February 2025, was AED 210,000.

How big is unit 603?

1,098 sqft (102.0 sqm): a two-bedroom apartment on the 6th floor of a 43-storey tower completed in 2022.

What is unit 603 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Palace Residences - The Lagoons sold for AED 2,100,000 to 3,850,000 in the last 12 months, around AED 2,815 per sqft.

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Mortgage on 603, Palace Residences - The Lagoons

Starts from the last sale price (AED 3.25M, 10 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,250,000
Deposit, UAE resident (20%)
AED 650,000
Deposit, non-resident (40%)
AED 1,300,000
Monthly over 25 years at 3.7%
AED 13,297

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