Dubai Creek Harbour
Palace Residences - Dubai Creek Harbour
The Lagoons Phase One L.L.C · Selling since 2019 · recent sales mostly resales
Street View imagery near Palace Residences - Dubai Creek Harbour, via Google — the nearest public-road vantage point, not necessarily the building's own frontage.
Median per sqft
AED 2,822/sqft
3yr CAGR
+11.7%
5yr projection (1,000 sqft)
AED 4,485,014
AED 3,079,689 to AED 8,464,854, from 7.3 years of this project's own history. A trend, not a forecast.
Confidence
Wide range
What would this size cost?
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually registered at in Palace Residences - Dubai Creek Harbour — not an asking price, and not this project’s overall median, which mixes every unit size together.
Price per sqft trend
What it returns
A year’s rent against what that size actually sold for in Palace Residences - Dubai Creek Harbour over the same twelve months. Prices are this project’s own registered sales. Rents marked this building are registered new tenancies in Palace Residences - Dubai Creek Harbour itself; the rest are homes of the same size in Dubai Creek Harbour, used where Ejari did not name the building.
| Size | Costs now | Rents for | Gross yield | Sales behind it |
|---|---|---|---|---|
| 1 bed | AED 2.12M | AED 114,000/yrthis building · 88 new lets | 5.4% | 16 |
| 2 beds | AED 3.48M | AED 170,000/yrthis building · 86 new lets | 4.9% | 16 |
Why this is lower than yields quoted elsewhere
The usual shortcut divides today’s rent by an average price — and in a market that has risen as far as Dubai’s, the average is a historical price. On that arithmetic a 1 bed here reads 10.4% instead of 5.4%, because it prices the home at AED 1.1M — the median across every sale on record — rather than the AED 2.12M it costs today. Every figure above uses the same twelve months on both sides.
What it returns after service charges
Starting from the middle filed owners-association budget in this area — AED 20/sqft across 4 buildings, most recently filed for 2022. Charges have risen since then and the filing is matched to this page by name, so replace it with your own invoice if you have one. How to check it.
| Size | Charge / year | Rent after it | Gross | Net |
|---|---|---|---|---|
| 1 bed | AED 14,004 | AED 99,996 | 5.4% | 4.7% |
| 2 beds | AED 22,044 | AED 147,956 | 4.9% | 4.3% |
Still not the final number: agency commission on re-letting, and any month the home sits empty, both come out of net rent too. This subtracts the service charge only, because it is the one cost that is the same every year whether or not the home is let.
Due diligence
Price vs. Dubai Creek Harbour median
+13.3%
Priced above the area's real median — ask why.
Developer track record
15,724 real transactions
16 completed · 5 off-plan/in progress
Full track record →Verify before you commit
Permit, title, broker license, escrow — the free official checks.
Verification guide →What's around this property
Transport, schools, healthcare, and daily essentials within 3 km.
Nearest metro
836 m
دبي فيستيفال سيتي
Nearest school
1.7 km
Swiss International Scientific School in Dubai
Nearest hospital
2.8 km
Barraquer Eye Hospital
Nearest supermarket
289 m
Spinneys
Metro stations
- دبي فيستيفال سيتي836 m