1-bed · 699 sqftPalace Residences - The Lagoons, Dubai Creek Harbour · 9th floor · completed 2022

902, Palace Residences - The Lagoons

Sold prices and rental history: sold twice, last in June 2024, and rented once, from August 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 902 · DLD and Ejari recordsUpdated 25 August 2024
Last soldAED 1.8M27 June 2024
Current rentAED 107K /yr25 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 902, Palace Residences - The Lagoons

What is 902 worth today?

Last sold for AED 1,800,000 in 2024

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25 Aug 2024RentedNew contract
AED 107,000/yr12 months · AED 153 per sqft
27 Jun 2024SoldReady
AED 1,800,000AED 2,574 per sqft
6 Jul 2020Sold by developerOff-plan
AED 1,030,888AED 1,472 per sqft

Source: Dubai Land Department. Updated 25 August 2024.

Key facts

Type
1-bed apartment
Size
699 sqft
Floor
9th of 43
Parking
B4-A72
Developer
Emaar
Completed
2022
Last sold
AED 1.8M · June 2024

About 902, Palace Residences - The Lagoons

902 is a one-bedroom apartment of 699 sqft on the 9th floor of Palace Residences - The Lagoons, a 43-storey tower in Dubai Creek Harbour completed in 2022 by Emaar. It last sold on 27 June 2024 for AED 1,800,000, or AED 2,574 per sqft, in line with the AED 2,571 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 August 2024. The current contract, signed on 25 August 2024, is AED 107,000 a year: a gross yield of 5.9% on the 2024 price.

Sales and rents for 902 over time

Sales
Unit 902, 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, July 2020: AED 1,030,888 (AED 1,472 per sqft)Sold, June 2024: AED 1,800,000 (AED 2,574 per sqft)

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

Rents
Unit 902, each contractTypical one-bed in Palace Residences - The Lagoons
105K108K110K2024202520262027Typical rent by year: 2024 AED 105,000; 2025 AED 110,000; 2026 AED 105,000New contract, August 2024: AED 107,000 a year

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 902 sits

All 221 1-beds →

902 last sold in June 2024 at AED 2,574 per sqft, in line with what one-beds in Palace Residences - The Lagoons were fetching at the time (AED 2,571). 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. 902's AED 107,000 is in the lower half of that range.

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
9011-bedAED 2.04M · Sep 2024
9032-bedAED 2.68M · Jul 2024
9043-bedAED 3.95M · Jan 2024
9052-bedAED 2.42M · Apr 2023
9062-bedAED 3.4M · Nov 2025
9072-bedAED 3.85M · Oct 2026
9082-bedAED 2.35M · Sep 2023
1–7 of 14

902, Palace Residences - The Lagoons in numbers

  • Sold twice: first on 6 July 2020 for AED 1,030,888, last on 27 June 2024 for AED 1,800,000 (AED 2,574 per sqft).
  • Rented since August 2024 on one Ejari contract, at AED 107,000 a year.
  • At AED 107,000 a year the gross yield on the 2024 price is 5.9%.
  • 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 25 August 2024.

Questions about 902, Palace Residences - The Lagoons

What did unit 902 last sell for?

AED 1,800,000 on 27 June 2024: AED 2,574 per sqft for 699 sqft. The unit has 2 registered sales; the first was AED 1,030,888 in July 2020.

What is the rent for unit 902?

AED 107,000 a year on the contract signed on 25 August 2024.

How big is unit 902?

699 sqft (64.9 sqm): a one-bedroom apartment on the 9th floor of a 43-storey tower completed in 2022.

What is unit 902 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 902, Palace Residences - The Lagoons

Starts from the last sale price (AED 1.8M, 27 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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