# Palace Residences - North

Palace Residences - North is a project by The Lagoons Phase One L.L.C, recorded at 100% complete at its last Dubai Land Department inspection. 82 sales registered in the trailing 12 months at a median AED 2.45M (2 649 AED per square foot). Registry facts come from DLD; prices are registered transactions, not asking prices.

## Registry record

| Field | Value | Provenance |
|---|---|---|
| Developer | The Lagoons Phase One L.L.C | DLD verified |
| Status | Finished | DLD verified |
| Construction progress | 100% | DLD verified |
| Registered with DLD | 9 Feb 2023 | DLD verified |
| Construction started | 2 Jul 2023 | DLD verified |
| Declared completion | 30 Jun 2027 | DLD verified |
| Units in the project | 340 | DLD verified |
| Project area | 33 560 sqm | DLD verified |
| Escrow agent | First Abu Dhabi Bank P.J.S.C. | DLD verified |
| Project number | 2562 | DLD verified |

Palace Residences - North is a project by The Lagoons Phase One L.L.C, recorded at 100% complete at its last Dubai Land Department inspection. 82 sales registered in the trailing 12 months at a median AED 2.45M (2 649 AED per square foot). Registry facts come from DLD; prices are registered transactions, not asking prices.

| Measure | Value | Year on year |
|---|---|---|
| Median sale price | AED 2.45M | +13.8% |
| Interquartile range | AED 1.75M – AED 2.99M | |
| Median price per sqft | 2 649 AED | +15.7% |
| Registered sales, 12 months | 82 | +121.6% |
| Off-plan share | 0.0% | |

## By number of bedrooms

| Homes | Sales | Median price | Median AED/sqft | Median size | Median rent | Gross yield |
|---|---|---|---|---|---|---|
| 1-bedroom apartments | 38 | AED 1.74M | 2 699 | 642 sqft | — | — |
| 2-bedroom apartments | 34 | AED 2.80M | 2 572 | 1 103 sqft | — | — |
| 3-bedroom apartments | 10 | AED 4.47M | 2 631 | 1 663 sqft | — | — |

## Price per square foot by month

| Month | Sales | Median AED/sqft | IQR |
|---|---|---|---|
| Sep 2026 | 9 | 2 641 | 2 560 – 2 766 |
| Aug 2026 | 2 | insufficient data | |
| Jul 2026 | 10 | 2 658 | 2 467 – 2 811 |
| Jun 2026 | 5 | 2 585 | 2 493 – 2 605 |
| May 2026 | 4 | insufficient data | |
| Apr 2026 | 6 | 2 791 | 2 630 – 2 924 |
| Mar 2026 | 4 | insufficient data | |
| Feb 2026 | 13 | 2 719 | 2 364 – 2 803 |
| Jan 2026 | 13 | 2 747 | 2 649 – 2 826 |
| Dec 2025 | 3 | insufficient data | |
| Nov 2025 | 6 | 2 648 | 2 647 – 2 700 |
| Oct 2025 | 7 | 2 571 | 2 261 – 2 651 |
| Sep 2025 | 4 | insufficient data | |

## What these numbers do not show

- Prices from the developer. Nothing here is a price list, a payment plan or availability — these are transactions already registered with DLD.
- Whether construction is moving. The completion percentage is the figure recorded at the last technical inspection, and inspections are irregular: an unchanged number does not mean work stopped.
- A handover promise. The declared completion date is a registry field, not a commitment.
- Asking prices. Everything here is a registered transaction; what a home was listed at is a different number.
- Off-market and cash-equivalent deals that never reach the registry, and the price actually negotiated before registration.
- Service charges, chiller fees, agency commission, DLD transfer fees or mortgage costs — none of them are inside these prices.

---

**Source:** Dubai Land Department open data, compiled by Continental Club Property  
**Data through:** 22 Oct 2026  
**Methodology:** https://datadubai.ae/methodology/ (v1.0)  
**License:** Reuse permitted with attribution  
**Canonical:** https://datadubai.ae/projects/palace-residences-north/  
**Suggested citation:** Continental Club Property, "Palace Residences - North", Dubai Data, data through 22 Oct 2026, https://datadubai.ae/projects/palace-residences-north/  
**Disclaimer:** Registered transactions, not asking prices. Not investment advice, not a valuation. Not affiliated with or endorsed by the Dubai Land Department.
