706, Palace Residences - The Lagoons
Sold prices and rental history: sold twice, last in March 2023, and rented once, from August 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 706, Palace Residences - The Lagoons
What is 706 worth today?
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Source: Dubai Land Department. Updated 1 August 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,102 sqft
- Floor
- 7th of 43
- Parking
- B2-A169
- Developer
- Emaar
- Completed
- 2022
- Last sold
- AED 1.88M · March 2023
- Building
- Palace Residences - The Lagoons
About 706, Palace Residences - The Lagoons
706 is a two-bedroom apartment of 1,102 sqft on the 7th floor of Palace Residences - The Lagoons, a 43-storey tower in Dubai Creek Harbour completed in 2022 by Emaar. It last sold on 7 March 2023 for AED 1,875,000, or AED 1,701 per sqft, in line with the AED 1,732 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 August 2026. The current contract, signed on 1 August 2026, is AED 165,000 a year: a gross yield of 8.8% on the 2023 price.
Sales and rents for 706 over time
706 has sold twice; the dashed line is the two-bed median of each year in the building.
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 706 sits
All 276 2-beds →706 last sold in March 2023 at AED 1,701 per sqft, in line with what two-beds in Palace Residences - The Lagoons were fetching at the time (AED 1,732). 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. 706's AED 165,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Oct 202629 October 2026 | 1,097 sqft | 2,700,000 | 2,460 | ||
| 1 Oct 20261 October 2026 | 1,187 sqft | 3,850,000 | 3,244 | ||
| 22 Sep 202622 September 2026 | 1,104 sqft | 3,100,000 | 2,807 | ||
| 7 Aug 20267 August 2026 | 1,187 sqft | 3,350,000 | 2,822 |
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 7th floor
All 587 units in Palace Residences - The Lagoons| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 696 sqft | AED 1.03MAED 1,026,888 · May 2019May 2019 | 95,000 /yr | |
| 702 | 1-bed | 700 sqft | AED 1.03MAED 1,026,888 · Jun 2019June 2019 | ||
| 703 | 2-bed | 1,100 sqft | AED 1.4MAED 1,401,888 · May 2019May 2019 | 157,000 /yr | |
| 704 | 3-bed | 1,800 sqft | AED 4MAED 4,000,000 · Mar 2024March 2024 | ||
| 705 | 2-bed | 1,095 sqft | AED 3.15MAED 3,150,000 · Jun 2025June 2025 | ||
| 707 | 2-bed | 1,178 sqft | AED 1.9MAED 1,902,888 · Dec 2021December 2021 | ||
| 708 | 2-bed | 1,187 sqft | AED 2.65MAED 2,650,000 · Nov 2023November 2023 | ||
| 709 | 1-bed | 696 sqft | AED 1.2MAED 1,195,000 · Aug 2022August 2022 | 100,000 /yr | |
| 710 | 2-bed | 1,174 sqft | AED 2.25MAED 2,250,000 · Apr 2023April 2023 | ||
| 711 | 3-bed | 1,774 sqft | AED 2.81MAED 2,809,888 · Sep 2021September 2021 | 360,000 /yr | |
| 712 | 1-bed | 705 sqft | AED 1.38MAED 1,380,000 · Jun 2023June 2023 | 90,000 /yr | |
| 713 | 1-bed | 700 sqft | AED 1.75MAED 1,750,000 · Feb 2024February 2024 | 105,000 /yr | |
| 714 | 1-bed | 713 sqft | AED 1.6MAED 1,600,000 · Jun 2024June 2024 | ||
| 715 | 1-bed | 712 sqft | AED 1.85MAED 1,850,000 · Apr 2024April 2024 | 105,000 /yr |
706, Palace Residences - The Lagoons in numbers
- Sold twice: first on 7 July 2019 for AED 1,874,888, last on 7 March 2023 for AED 1,875,000 (AED 1,701 per sqft).
- Rented since August 2026 on one Ejari contract, at AED 165,000 a year.
- At AED 165,000 a year the gross yield on the 2023 price is 8.8%.
- 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 1 August 2026.
Questions about 706, Palace Residences - The Lagoons
What did unit 706 last sell for?
AED 1,875,000 on 7 March 2023: AED 1,701 per sqft for 1,102 sqft. The unit has 2 registered sales; the first was AED 1,874,888 in July 2019.
What is the rent for unit 706?
AED 165,000 a year on the contract signed on 1 August 2026.
How big is unit 706?
1,102 sqft (102.4 sqm): a two-bedroom apartment on the 7th floor of a 43-storey tower completed in 2022.
What is unit 706 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 706, Palace Residences - The Lagoons
Starts from the last sale price (AED 1.88M, 7 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,875,000
- Deposit, UAE resident (20%)
- AED 375,000
- Deposit, non-resident (40%)
- AED 750,000
- Monthly over 25 years at 3.7%
- AED 7,671
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →