615, Palace Residences - The Lagoons
Sold prices and rental history: sold once, by the developer in October 2020, and rented once, from November 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 615, Palace Residences - The Lagoons
What is 615 worth today?
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Source: Dubai Land Department. Updated 19 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 709 sqft
- Floor
- 6th of 43
- Parking
- 1
- Developer
- Emaar
- Completed
- 2022
- Last sold
- AED 1.04M · October 2020
- Building
- Palace Residences - The Lagoons
About 615, Palace Residences - The Lagoons
615 is a one-bedroom apartment of 709 sqft on the 6th floor of Palace Residences - The Lagoons, a 43-storey tower in Dubai Creek Harbour completed in 2022 by Emaar. The developer sold it on 15 October 2020 for AED 1,038,888, or AED 1,464 per sqft, 4% below the AED 1,519 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 19 November 2025. The current contract, signed on 19 November 2025, is AED 125,000 a year: a gross yield of 12.0% on the 2020 price.
Sales and rents for 615 over time
615 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 615 sits
All 221 1-beds →615 last sold in October 2020 at AED 1,464 per sqft, 4% below what one-beds in Palace Residences - The Lagoons were fetching at the time (AED 1,519). 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. 615's AED 125,000 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 6th floor
All 587 units in Palace Residences - The Lagoons| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 705 sqft | AED 1.65MAED 1,650,000 · Sep 2024September 2024 | ||
| 602 | 1-bed | 699 sqft | AED 1.8MAED 1,800,000 · Dec 2024December 2024 | 115,000 /yr | |
| 603 | 2-bed | 1,098 sqft | AED 3.25MAED 3,250,000 · Oct 2024October 2024 | 210,000 /yr | |
| 604 | 3-bed | 1,811 sqft | AED 3MAED 3,002,888 · Mar 2022March 2022 | 250,000 /yr | |
| 605 | 2-bed | 1,093 sqft | AED 1.85MAED 1,853,888 · Oct 2020October 2020 | 160,000 /yr | |
| 606 | 2-bed | 1,102 sqft | AED 1.87MAED 1,871,888 · Jun 2019June 2019 | 175,000 /yr | |
| 607 | 2-bed | 1,187 sqft | AED 3.04MAED 3,040,000 · Jan 2024January 2024 | 169,000 /yr | |
| 608 | 2-bed | 1,183 sqft | AED 1.89MAED 1,894,888 · Jun 2019June 2019 | 170,000 /yr | |
| 609 | 1-bed | 700 sqft | AED 2.1MAED 2,100,000 · Jan 2024January 2024 | ||
| 610 | 2-bed | 1,174 sqft | AED 1.79MAED 1,794,888 · May 2019May 2019 | 190,000 /yr | |
| 611 | 3-bed | 889 sqft | AED 4MAED 4,000,000 · Feb 2024February 2024 | ||
| 612 | 1-bed | 705 sqft | AED 1.03MAED 1,031,888 · Oct 2020October 2020 | 100,000 /yr | |
| 613 | 1-bed | 703 sqft | AED 1.03MAED 1,028,888 · Jun 2019June 2019 | 96,600 /yr | |
| 614 | 1-bed | 708 sqft | AED 1.04MAED 1,036,888 · Sep 2020September 2020 | 105,000 /yr |
615, Palace Residences - The Lagoons in numbers
- Sold once: by Emaar on 15 October 2020 for AED 1,038,888, or AED 1,464 per sqft.
- Rented since November 2025 on one Ejari contract, at AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2020 price is 12.0%.
- 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 19 November 2025.
Questions about 615, Palace Residences - The Lagoons
What did unit 615 last sell for?
AED 1,038,888 on 15 October 2020, sold by the developer: AED 1,464 per sqft for 709 sqft. It is the only registered sale of the unit.
What is the rent for unit 615?
AED 125,000 a year on the contract signed on 19 November 2025.
How big is unit 615?
709 sqft (65.9 sqm): a one-bedroom apartment on the 6th floor of a 43-storey tower completed in 2022.
What is unit 615 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 615, Palace Residences - The Lagoons
Starts from the last sale price (AED 1.04M, 15 October 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,038,888
- Deposit, UAE resident (20%)
- AED 207,778
- Deposit, non-resident (40%)
- AED 415,555
- Monthly over 25 years at 3.7%
- AED 4,250
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →