
Sold Prices · DLD Data
Palm Deira, Dubai
AED 3,685
Avg Price / sqft
AED 3.2M
Avg Sale Price
3
DLD Sales Recorded
2.3%
Est. Gross Yield
Market snapshot
Cheval Residences is a residential building in Palm Deira, Dubai. Dubai Land Department records show 3 sales in the building, at an average price of AED 3.2M — around AED 3,685 per square foot.
Since October 2026, 3 sales completed in Cheval Residences, with the average price per square foot moving from AED 3,725 to AED 3,606 (-3.2%). That softening can open negotiating room for buyers.
Benchmarked against average residential rents in Palm Deira, a typical unit in Cheval Residences returns an estimated 2.3% gross rental yield before service charges — a useful starting point for investors comparing towers across Palm Deira.
Figures are from Dubai Land Department transaction records for Cheval Residences; individual units vary by floor, view and finish. Gross yield is estimated against average Palm Deira residential rents, before service charges.
Price trend
Average sale price per sqft by month since October 2026-3.2%
Unit types
1 Bed
AED 3.2M
AED 3,685/sqft
3 sales · last 12 months
Transactions
| Date | Type | Beds | Size (sqft) | Price | AED/sqft |
|---|---|---|---|---|---|
| 03 Nov 2026 | Sales | 1 | 801 | AED 2.9M | AED 3,606 |
| 26 Oct 2026 | Sales | 1 | 820 | AED 2.9M | AED 3,588 |
| 14 Oct 2026 | Sales | 1 | 964 | AED 3.7M | AED 3,861 |
An agent will value your unit against the registered sales above and tell you what similar homes have actually sold for. Free, no obligation.
About the area
Dubai Islands represents a groundbreaking waterfront community that encompasses five individual islands, strategically designed to elevate the standard of coastal living in Dubai. Spanning an impressive 17 square kilometers, this development caters to families, professionals, and investors, offering a vibrant and connected lifestyle that is both modern and inviting.
Explore the Dubai Islands area guideNearby
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FAQ
The average recorded sale price in Cheval Residences, Palm Deira is AED 3.2M, around AED 3,685 per square foot, based on Dubai Land Department transaction data.
Average sale prices in Cheval Residences have eased -3.2% per square foot since October 2026, across 3 DLD-recorded sales.
Based on average Palm Deira residential rents against sale prices in the building, a typical unit in Cheval Residences yields roughly 2.3% gross per year, before service charges and fees.
3 sales have been recorded in Cheval Residences according to DLD data.
Get honest, DLD-backed guidance on pricing, yields and availability in Palm Deira from Binayah's advisors — no pressure, just the numbers.