AED 3,800,000
2 bedroom apartment in Palace Residences
2 bath · 1,188 sqft · Vacant · Canal Views · Branded
Palace Residences
What people actually paid in Palace Residences: the sales registered at the Dubai Land Department, not asking prices. Understand the numbers before you buy.
- Median price
- AED 2.85M
- 32 sales in the last 12 months
- A sq ft
- AED 2,901
- Median, Dubai Land Department
- For sale with McCone
- 4
- AED 2.00M – 3.80M
On the market · Palace Residences
4 homes for sale
4 homes
AED 3,550,000
2 bedroom apartment in Palace Residences
2 bath · 1,098 sqft · Luxury Residence · Full Canal View · High Floor
AED 2,200,000
1 bedroom apartment in Palace Residences
1 bath · 700 sqft · Investor Deal · Fully Furnished Luxury · Rented
AED 2,000,000
1 bedroom apartment in Palace Residences
1 bath · 700 sqft · Exclusive · Investor Deal · High Floor Unit
Palace Residences — 32 sales in the last 12 months, median AED 2.85M at AED 2,901 a sq ft, from the DLD register. 4 for sale with McCone, AED 2.00M – 3.80M. 2 for rent →
Your agent in Dubai Creek Harbour (The Lagoons)
Senior Sales
Buying in Palace Residences? Annie can walk you through what these numbers mean for you.
Annie is marketing 13 homes for sale in Dubai Creek Harbour (The Lagoons) right now.
- Community
- Dubai Creek Harbour (The Lagoons)
- Nearest metro
- Creek Metro Station — as the Dubai Land Department files it; every building beside it, and what each sold for
- Handed over
- 2023 — the first year resales of completed homes appear in numbers on the register, not the developer’s date
- First on record
- 2019 — an off-plan sale
- Sales on record
- 1,023 — registered at the Dubai Land Department, the latest October 2026
- Off-plan share
- 71% — 722 bought off-plan from the developer, 301 resales of a completed home
Recorded rents and gross yield for Palace Residences →
Living in Dubai Creek Harbour (The Lagoons) — the area guide →
What a mortgage on a home in Palace Residences costs a month — and the cash you need on the day →
Median sale price
AED 2.85M
32 sales · the last 12 months
Mean AED 2.94M
Median per sq ft
AED 2,901
+4.4% on the year before
Mean AED 2,888
Against Dubai Creek Harbour (The Lagoons)
2 of 42
Community median AED 2,559 / sq ft
Activity, 90 days
4 sales
0.4× its usual pace · below the five-sale floor to rank
The recorded market
Price per square foot, by year
The median of every sale registered at the Dubai Land Department here. Not asking prices.
1,523
1,570
1,640
1,766
2,001
2,574
2,834
2,931
20192020202120222023202420252026
The low was 2019 at AED 1,523 a square foot, and it has recovered 92% since.
What sells here
By size
Registered sales in the last three years. Sizes are the registered floor area.
| Layout | Typical size | Median price | Mean price | Per sq ft | Sales |
|---|---|---|---|---|---|
| 1 B/R | 700 sqft | 1,900,000 | 1,890,711 | 2,708 | 84 |
| 2 B/R | 1,104 sqft | 3,000,000 | 3,017,276 | 2,653 | 140 |
| 3 B/R | 1,782 sqft | 4,275,000 | 4,340,409 | 2,375 | 42 |
Layouts that have sold fewer than five times in three years are left out — too few to quote a median, so we do not guess at one.
Every sale, as registered
Recent sales in Palace Residences
The last transfers recorded at the Dubai Land Department, newest first.
| Date | Layout | Size | Price | Per sq ft |
|---|---|---|---|---|
| 14 Oct 2026 | 1 B/R | 702 | 1,800,000 | 2,564 |
| 1 Oct 2026 | 2 B/R | 1,187 | 3,850,000 | 3,244 |
| 22 Sept 2026 | 2 B/R | 1,104 | 3,100,000 | 2,807 |
| 7 Aug 2026 | 2 B/R | 1,187 | 3,350,000 | 2,822 |
| 20 Jul 2026 | 3 B/R | 1,799 | 4,700,000 | 2,612 |
| 5 Jun 2026 | 2 B/R | 1,095 | 3,000,000 | 2,739 |
| 14 May 2026 | 2 B/R | 1,101 | 3,000,000 | 2,725 |
| 11 May 2026 | 1 B/R | 700 | 2,200,000 | 3,145 |
| 5 May 2026 | 1 B/R | 700 | 2,330,000 | 3,330 |
| 1 May 2026 | 3 B/R | 1,784 | 4,150,000 | 2,326 |
| 16 Apr 2026 | 1 B/R | 702 | 2,000,000 | 2,849 |
| 26 Mar 2026 | 2 B/R | 1,104 | 3,650,000 | 3,305 |
How often it trades
Sales per year
Off-plan sales dominate a building’s first years; resales take over after handover.Off-planResale
225
115
79
174
194
152
60
24
20192020202120222023202420252026
Of the 1,023 sales on record, 722 were bought off-plan from the developer and 301 were resales of a finished home. The changeover in 2023 is the handover. The 2026 bar is part-year.
In context
Where it sits in Dubai Creek Harbour (The Lagoons)
Palace Residences is the 2nd most expensive of the 42 Dubai Creek Harbour (The Lagoons) buildings with at least fifteen recorded sales in the last year. These are its immediate neighbours on price.
| Rank | Building | Sales, 12 months | Median per sq ft |
|---|---|---|---|
| 1 | Address Residences Dubai Creek Harbour | 31 | 2,989 |
| 2 | Palace Residences | 32 | 2,901 |
| 3 | Creek Palace | 47 | 2,765 |
| 4 | Creek Bay Tower A | 399 | 2,741 |
| 5 | Creek Bay Tower B | 299 | 2,731 |
Dubai Creek Harbour (The Lagoons) as a whole: AED 2,559 a square foot across 3,882 sales in the last twelve months.
Where the market is moving
The busiest buildings in Dubai Creek Harbour (The Lagoons)
Palace Residences sold 4 completed homes in the ninety days to 19 Oct 2026, below the five-sale floor to rank. These are the five busiest buildings in Dubai Creek Harbour (The Lagoons).
| Rank | Building | Sales, 90 days | Against its usual pace |
|---|---|---|---|
| 1 | The Grand | 21 | 0.8× |
| 2 | Palace Residence North | 17 | 1.0× |
| 3 | Creek Palace | 7 | 0.5× |
| 4 | Dubai Creek Residences North Tower 2 | 7 | 2.2× |
| 5 | Savanna at Creek Beach Tower 3 | 7 | 2.5× |
Completed homes only, by the date the Dubai Land Department registered the transfer — the ninety days to 19 Oct 2026. Buildings with fewer than five sales in the window are not ranked. The ten busiest in Dubai Creek Harbour (The Lagoons), with pace against each building’s own year before.
Where these numbers come from. Every figure on this page is drawn from the Dubai Land Department’s transaction register, read directly from the Dubai Data Exchange. It is what buyers actually paid, recorded at transfer — not asking prices, not valuations, not our own estimates. Mortgage registrations, gift transfers, rent-to-own contracts and developers’ own filings are all excluded; none of them is a price a buyer paid. Medians are used rather than averages so one unusual sale cannot move the number. Data through 19 Oct 2026.
Nearby
What else to look at in Dubai Creek Harbour (The Lagoons)
The buildings this one sits between on recorded price per square foot, and the newest to start trading. Every one has its own page of registered prices.
| Building | Recorded sales | First traded | Median per sq ft |
|---|---|---|---|
| Creek Bay Tower Bnewest | 299 | 2026 | 2,731 |
| Valia Towernewest | 391 | 2026 | 2,596 |
| Grove at Creek Beach Building 3 | 140 | 2022 | 1,843 |
| The Cove Building 3 | 75 | 2017 | 1,835 |
| Orchid at Creek Beach Building 1 | 200 | 2022 | 1,815 |
| The Cove Building 2 | 136 | 2017 | 1,800 |
| Creek Rise Tower 2 | 363 | 2017 | 1,770 |
| Harbour Gate Tower 1 | 427 | 2017 | 1,761 |
| Creek Gate Tower 1 | 394 | 2017 | 1,753 |
| Dubai Creek Residences South Tower 3 | 158 | 2015 | 1,745 |
Medians over each building’s whole recorded history at the Dubai Land Department, so a tower that has not traded lately is still here — this is what to look at next, not what the market is doing this month. Buildings with fewer than five recorded sales are left out. “First traded” is the year the register first saw a sale in the building, which for a new tower is close to its handover.
Buying in Palace Residences? The cost of buying, the title deed, the service charges and buying as a foreigner, explained.