1-bed · 700 sqftPalace Residences - The Lagoons, Dubai Creek Harbour · 7th floor · completed 2022

702, Palace Residences - The Lagoons

Sold prices and rental history: sold once, by the developer in June 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 16 June 2019
Last soldAED 1.03M16 June 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Palace Residences - The Lagoons

What is 702 worth today?

Last sold for AED 1,026,888 in 2019

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16 Jun 2019Sold by developerOff-plan
AED 1,026,888AED 1,466 per sqft

Source: Dubai Land Department. Updated 16 June 2019.

Key facts

Type
1-bed apartment
Size
700 sqft
Floor
7th of 43
Parking
1
Developer
Emaar
Completed
2022
Last sold
AED 1.03M · June 2019

About 702, Palace Residences - The Lagoons

702 is a one-bedroom apartment of 700 sqft on the 7th floor of Palace Residences - The Lagoons, a 43-storey tower in Dubai Creek Harbour completed in 2022 by Emaar. The developer sold it on 16 June 2019 for AED 1,026,888, or AED 1,466 per sqft, in line with the AED 1,486 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 702 over time

Sales
Unit 702, 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, June 2019: AED 1,026,888 (AED 1,466 per sqft)

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

Rents
Unit 702, each contractTypical one-bed in Palace Residences - The Lagoons
105K108K110K2024202520262027Typical rent by year: 2024 AED 105,000; 2025 AED 110,000; 2026 AED 105,000

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 702 sits

All 221 1-beds →

702 last sold in June 2019 at AED 1,466 per sqft, in line with what one-beds in Palace Residences - The Lagoons were fetching at the time (AED 1,486). 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.

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
7011-bedAED 1.03M · May 2019
7032-bedAED 1.4M · May 2019
7043-bedAED 4M · Mar 2024
7052-bedAED 3.15M · Jun 2025
7062-bedAED 1.88M · Mar 2023
7072-bedAED 1.9M · Dec 2021
7082-bedAED 2.65M · Nov 2023
1–7 of 14

702, Palace Residences - The Lagoons in numbers

  • Sold once: by Emaar on 16 June 2019 for AED 1,026,888, or AED 1,466 per sqft.
  • 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 16 June 2019.

Questions about 702, Palace Residences - The Lagoons

What did unit 702 last sell for?

AED 1,026,888 on 16 June 2019, sold by the developer: AED 1,466 per sqft for 700 sqft. It is the only registered sale of the unit.

How big is unit 702?

700 sqft (65.0 sqm): a one-bedroom apartment on the 7th floor of a 43-storey tower completed in 2022.

What is unit 702 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 702, Palace Residences - The Lagoons

Starts from the last sale price (AED 1.03M, 16 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,026,888
Deposit, UAE resident (20%)
AED 205,378
Deposit, non-resident (40%)
AED 410,755
Monthly over 25 years at 3.7%
AED 4,201

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