Project · Transactions · 2016

Palmarosa Property Transactions 2016

27 property sales worth ⃃ 51.11M were registered in Palmarosa in 2016, 2600.0% higher than 2015 by number of sales. The median sale price was ⃃ 1,152,573 and the median price per square foot ⃃ 384 (−64.7% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 27 salesUpdated: 13 Nov 2026
Property sales
27
+2600.0% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 51.11M
+1464.8% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 1,152,573
−64.7% vs 2015
27 sales
Median price per sq ft
⃃ 384
−64.7% vs 2015
27 sales

What types of property sold in Palmarosa in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Villas27100%⃃ 51.11M⃃ 1,152,573⃃ 384

How were 2016 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
Primary (developer sales)2177.8%⃃ 28.18M⃃ 1,152,573⃃ 384
Resale (secondary)622.2%⃃ 22.93M⃃ 3,931,585⃃ 1,309
Off-plan27100%⃃ 51.11M⃃ 1,152,573⃃ 384

How many rental contracts were registered in Palmarosa in 2016?

60 rental contracts (new and renewed) were registered in Palmarosa in 2016, at a median annual rent of ⃃ 68,954 (+14.1% on 2015). Rental yields in Palmarosa

What were the most expensive property sales in Palmarosa in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
11/05/2016Palmarosa4 beds · Villa4,190 sq ft⃃ 4,225,284Resale · Off-plan
10/05/2016Palmarosa4 beds · Villa3,364 sq ft⃃ 3,981,856Resale · Off-plan
20/12/2016Palmarosa4 beds · Villa3,163 sq ft⃃ 3,936,600Resale · Off-plan
10/05/2016Palmarosa4 beds · Villa3,137 sq ft⃃ 3,926,569Resale · Off-plan
23/05/2016Palmarosa4 beds · Villa3,324 sq ft⃃ 3,455,021Primary · Off-plan
11/05/2016Palmarosa4 beds · Villa4,174 sq ft⃃ 3,438,450Resale · Off-plan
11/05/2016Palmarosa4 beds · Villa4,066 sq ft⃃ 3,420,954Resale · Off-plan
23/05/2016Palmarosa4 beds · Villa3,281 sq ft⃃ 2,827,950Primary · Off-plan
08/05/2016Palmarosa4 beds · Villa3,302 sq ft⃃ 1,152,573Primary · Off-plan
08/05/2016Palmarosa4 beds · Villa4,227 sq ft⃃ 1,152,573Primary · Off-plan

What were the last registered sales of 2016?

No transactions on record for this selection.

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 2016 with the whole of 2015.
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/palmarosa/2016
Palmarosa Property Transactions 2016. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/palmarosa/2016

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 Palmarosa in 2016?
27 property sales worth ⃃ 51,111,571 were registered in Palmarosa in 2016. That is 2600.0% higher than 2015.
What was the median property price in Palmarosa in 2016?
The median sale price was ⃃ 1,152,573 and the median price per square foot ⃃ 384 (1 Jan – 31 Dec 2016).
What share of 2016 sales in Palmarosa were off-plan or from developers?
Developer (primary) sales were 77.8% of the 27 sales and resales 22.2%. Off-plan units made up 100% and ready units —. Primary/resale and off-plan/ready are different splits.

Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/palmarosa/2016