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Palma Residence

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by Nakheel
104
Total Units
104
Sold
⃃ 7,975,000
Median Price
⃃ 2,330
Median Price /sqft
Construction progress: 100% (As of Jun-2014)
Start: Mar, 2012Completion: May, 2015

Palma Residence Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

4 Beds181,860 sqft - 3,840 sqft⃃ 5,640 /sqft
5 Beds862,840 sqft - 6,110 sqft⃃ 6,920 /sqft

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Loading chart
November 2026 is partial (14 days) and is excluded from the chart

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSizeBalcony
No data found

Sold properties

BedsCategorySizeBalconyPricePrice /sqftDate
4Villa3,586 sqft⃃ 9,800,000⃃ 2,628 /sqft10, Jul 2025
4Villa3,343 sqft⃃ 9,020,000⃃ 2,610 /sqft04, Aug 2023
4Villa3,586 sqft⃃ 7,400,000⃃ 1,984 /sqft10, Aug 2023
4Villa3,441 sqft⃃ 7,300,000⃃ 3,736 /sqft25, Jan 2023
4Villa3,175 sqft⃃ 7,150,000⃃ 3,933 /sqft12, Apr 2023
4Villa3,586 sqft⃃ 6,300,000⃃ 1,688 /sqft08, Nov 2022
4Villa3,175 sqft⃃ 6,000,000⃃ 1,839 /sqft01, Feb 2024
4Villa3,841 sqft⃃ 6,000,000⃃ 1,517 /sqft21, Dec 2014
4Villa3,841 sqft⃃ 5,900,000⃃ 3,027 /sqft09, Dec 2014
4Villa3,297 sqft⃃ 5,700,000⃃ 2,961 /sqft25, Aug 2014
4Villa3,297 sqft⃃ 5,600,000⃃ 2,909 /sqft05, Nov 2014
4Villa3,343 sqft⃃ 5,600,000⃃ 1,620 /sqft25, Feb 2014
4Villa3,441 sqft⃃ 5,450,000⃃ 1,539 /sqft04, May 2021
4Villa3,632 sqft⃃ 5,450,000⃃ 1,441 /sqft22, Nov 2016
4Villa3,586 sqft⃃ 4,500,000⃃ 2,475 /sqft30, May 2018

Palma Residence Real Estate Data – FAQ

  • What is the current property supply in Palma Residence?

    Palma Residence has approximately 19 completed residential units.

  • How active is the real estate market in Palma Residence?

    Palma Residence recorded 0 property transactions over the last 12 months.

  • What is the average price /sqft in Palma Residence?

    Median sale price data for Palma Residence is unavailable.

  • What rental yield can investors expect in Palma Residence?

    The gross rental yield in Palma Residence is 5%, calculated from median rental income and comparable median sale prices.

  • How much have property prices increased in Palma Residence?

    Capital appreciation data for Palma Residence is unavailable.

  • How many off-plan projects are currently in Palma Residence?

    Palma Residence has 0 recorded active off-plan projects.

  • What is the future supply pipeline in Palma Residence?

    The recorded off-plan pipeline in Palma Residence contains 0 units.

  • Is Palma Residence a good area for property investment?

    Assess Palma Residence using available transaction, rental and supply data. Missing metrics do not establish investment performance, and historical results do not guarantee future returns.

  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

  • What does rental yield represent?

    The gross rental yield in Palma Residence is 5%, calculated from median rental income and comparable median sale prices.