712, Palace Residences - The Lagoons
Sold prices and rental history: sold twice, last in June 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 712, Palace Residences - The Lagoons
What is 712 worth today?
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Source: Dubai Land Department. Updated 28 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 705 sqft
- Floor
- 7th of 43
- Parking
- B4-A79
- Developer
- Emaar
- Completed
- 2022
- Last sold
- AED 1.38M · June 2023
- Building
- Palace Residences - The Lagoons
About 712, Palace Residences - The Lagoons
712 is a one-bedroom apartment of 705 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 9 June 2023 for AED 1,380,000, or AED 1,957 per sqft, 13% above the AED 1,731 one-beds in the building were fetching at the time.
It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 28 August 2026, is AED 90,000 a year: a gross yield of 6.5% on the 2023 price.
Sales and rents for 712 over time
712 has sold twice; 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 712 sits
All 221 1-beds →712 last sold in June 2023 at AED 1,957 per sqft, 13% above what one-beds in Palace Residences - The Lagoons were fetching at the time (AED 1,731). 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. 712's AED 90,000 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 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 | ||
| 706 | 2-bed | 1,102 sqft | AED 1.88MAED 1,875,000 · Mar 2023March 2023 | 165,000 /yr | |
| 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 | |
| 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 |
712, Palace Residences - The Lagoons in numbers
- Sold twice: first on 2 November 2022 for AED 1,139,888, last on 9 June 2023 for AED 1,380,000 (AED 1,957 per sqft).
- Rented since December 2025 on 3 Ejari contracts, from AED 115,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2023 price is 6.5%.
- 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 28 August 2026.
Questions about 712, Palace Residences - The Lagoons
What did unit 712 last sell for?
AED 1,380,000 on 9 June 2023: AED 1,957 per sqft for 705 sqft. The unit has 2 registered sales; the first was AED 1,139,888 in November 2022.
What is the rent for unit 712?
AED 90,000 a year on the contract signed on 28 August 2026. The previous contract, from August 2026, was AED 90,000; the unit has been rented since December 2025.
How big is unit 712?
705 sqft (65.5 sqm): a one-bedroom apartment on the 7th floor of a 43-storey tower completed in 2022.
What is unit 712 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 712, Palace Residences - The Lagoons
Starts from the last sale price (AED 1.38M, 9 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,380,000
- Deposit, UAE resident (20%)
- AED 276,000
- Deposit, non-resident (40%)
- AED 552,000
- Monthly over 25 years at 3.7%
- AED 5,646
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →