Cheval Residences, Palm Deira

Sold Prices · DLD Data

Cheval Residences

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 — the numbers

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

Price trend in Cheval Residences

Average sale price per sqft by month since October 2026-3.2%

3,6083,6663,723Oct 26: AED 3,725/sqft · 2 salesOct 26Nov 26: AED 3,606/sqft · 1 saleNov 26

Unit types

Prices by unit type

1 Bed

AED 3.2M

AED 3,685/sqft

3 sales · last 12 months

Transactions

Recent sold prices

DateTypeBedsSize (sqft)PriceAED/sqft
03 Nov 2026Sales1801AED 2.9MAED 3,606
26 Oct 2026Sales1820AED 2.9MAED 3,588
14 Oct 2026Sales1964AED 3.7MAED 3,861

Own a unit in Cheval Residences? What could it sell for?

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

Cheval Residences is in Dubai Islands

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 guide

Nearby

Other buildings in Palm Deira

FAQ

Cheval Residences: frequently asked questions

What is the average price in Cheval Residences?

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.

Are prices in Cheval Residences going up or down?

Average sale prices in Cheval Residences have eased -3.2% per square foot since October 2026, across 3 DLD-recorded sales.

What rental yield can I expect in Cheval Residences?

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.

How many properties have sold in Cheval Residences?

3 sales have been recorded in Cheval Residences according to DLD data.

Considering Cheval Residences?

Get honest, DLD-backed guidance on pricing, yields and availability in Palm Deira from Binayah's advisors — no pressure, just the numbers.

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