1-bed · 713 sqftPalace Residences - The Lagoons, Dubai Creek Harbour · 7th floor · completed 2022

714, Palace Residences - The Lagoons

Sold prices and rental history: sold twice, last in June 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 714 · DLD and Ejari recordsUpdated 10 June 2024
Last soldAED 1.6M10 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 714, Palace Residences - The Lagoons

What is 714 worth today?

Last sold for AED 1,600,000 in 2024

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10 Jun 2024SoldReady
AED 1,600,000AED 2,245 per sqft
4 Mar 2024Sold by developerReady
AED 1,038,888AED 1,457 per sqft

Source: Dubai Land Department. Updated 10 June 2024.

Key facts

Type
1-bed apartment
Size
713 sqft
Floor
7th of 43
Parking
B4-A93
Developer
Emaar
Completed
2022
Last sold
AED 1.6M · June 2024

About 714, Palace Residences - The Lagoons

714 is a one-bedroom apartment of 713 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 10 June 2024 for AED 1,600,000, or AED 2,245 per sqft, 12% below the AED 2,561 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 714 over time

Sales
Unit 714, 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, March 2024: AED 1,038,888 (AED 1,457 per sqft)Sold, June 2024: AED 1,600,000 (AED 2,245 per sqft)

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

Rents
Unit 714, 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 714 sits

All 221 1-beds →

714 last sold in June 2024 at AED 2,245 per sqft, 12% below what one-beds in Palace Residences - The Lagoons were fetching at the time (AED 2,561). 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
7021-bedAED 1.03M · Jun 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
1–7 of 14

714, Palace Residences - The Lagoons in numbers

  • Sold twice: first on 4 March 2024 for AED 1,038,888, last on 10 June 2024 for AED 1,600,000 (AED 2,245 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 10 June 2024.

Questions about 714, Palace Residences - The Lagoons

What did unit 714 last sell for?

AED 1,600,000 on 10 June 2024: AED 2,245 per sqft for 713 sqft. The unit has 2 registered sales; the first was AED 1,038,888 in March 2024.

How big is unit 714?

713 sqft (66.2 sqm): a one-bedroom apartment on the 7th floor of a 43-storey tower completed in 2022.

What is unit 714 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 714, Palace Residences - The Lagoons

Starts from the last sale price (AED 1.6M, 10 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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