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Project · Transactions · 2020

Palma Residence Property Transactions 2020

5 property sales worth ⃃ 31.45M were registered in Palma Residence in 2020, 44.4% lower than 2019 by number of sales. The median sale price was ⃃ 6,200,000 and the median price per square foot ⃃ 1,756 (+9.6% on 2019).

Period: 1 Jan – 31 Dec 2020Compared with: 2019Sample: 5 salesUpdated: 14 Nov 2026
Property sales
5
−44.4% vs 2019
1 Jan – 31 Dec 2020
Total value
⃃ 31.45M
−42.8% vs 2019
1 Jan – 31 Dec 2020
Median sale price
⃃ 6,200,000
+10.7% vs 2019
5 sales
Median price per sq ft
⃃ 1,756
+9.6% vs 2019
5 sales

What types of property sold in Palma Residence in 2020?

1 Jan – 31 Dec 2020

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments5100%⃃ 31.45M⃃ 6,200,000⃃ 1,756

How were 2020 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Resale (secondary)5100%⃃ 31.45M⃃ 6,200,000⃃ 1,756
Ready5100%⃃ 31.45M⃃ 6,200,000⃃ 1,756

How many rental contracts were registered in Palma Residence in 2020?

59 rental contracts (new and renewed) were registered in Palma Residence in 2020, at a median annual rent of ⃃ 300,000 (−6.3% on 2019).

What were the most expensive property sales in Palma Residence in 2020?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
08/12/2020Palma Residence5 beds · Apartment3,656 sq ft⃃ 8,500,000Resale · Ready
29/11/2020Palma Residence5 beds · Apartment4,100 sq ft⃃ 7,200,000Resale · Ready
15/01/2020Palma Residence5 beds · Apartment4,537 sq ft⃃ 6,200,000Resale · Ready
14/07/2020Palma Residence5 beds · Apartment4,457 sq ft⃃ 5,800,568Resale · Ready
24/12/2020Palma Residence4 beds · Apartment1,796 sq ft⃃ 3,750,000Resale · Ready

What were the last registered sales of 2020?

DatePropertyTypeSizePriceMarket
24/12/2020Palma Residence4 beds · Apartment1,796 sq ft⃃ 3,750,000Resale · Ready
08/12/2020Palma Residence5 beds · Apartment3,656 sq ft⃃ 8,500,000Resale · Ready
29/11/2020Palma Residence5 beds · Apartment4,100 sq ft⃃ 7,200,000Resale · Ready
14/07/2020Palma Residence5 beds · Apartment4,457 sq ft⃃ 5,800,568Resale · Ready
15/01/2020Palma Residence5 beds · Apartment4,537 sq ft⃃ 6,200,000Resale · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2020 with the whole of 2019.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/palma-residence/2020
Palma Residence Property Transactions 2020. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/palma-residence/2020

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Palma Residence in 2020?
5 property sales worth ⃃ 31,450,568 were registered in Palma Residence in 2020. That is 44.4% lower than 2019.
What was the median property price in Palma Residence in 2020?
The median sale price was ⃃ 6,200,000 and the median price per square foot ⃃ 1,756 (1 Jan – 31 Dec 2020).

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/palma-residence/2020