Palma Residence property prices & sales
Palma Residence at a glance written from registered records
Palma Residence recorded 2 registered sales in the last 12 months, worth AED 56.75M in total. The median price was AED 6,329 per sq ft, up 13.5% on the previous 12 months, and the median sale price was AED 28.38M. 0.0% of these sales were off-plan and 100.0% were ready properties. Across 28 rental contracts registered in the same period, the median annual rent was AED 600,000.
Median price per sq ft by year registered sales
| Year | Sales | Median AED/sq ft | Median price |
|---|---|---|---|
| 2025 | 7 | 5,460 | AED 21.75M |
| 2024 | 4 | 4,777 | AED 20.75M |
| 2023 | 17 | 3,737 | AED 14.05M |
| 2022 | 12 | 3,068 | AED 11.43M |
| 2021 | 11 | 1,660 | AED 7.50M |
| 2020 | 5 | 1,756 | AED 6.20M |
| 2019 | 9 | 1,602 | AED 5.60M |
| 2018 | 3 | 1,980 | AED 8.50M |
| 2017 | 2 | 2,388 | AED 8.22M |
| 2016 | 10 | 2,296 | AED 7.96M |
Prices by bedroom last 24 months · entry = lower quarter, premium = upper quarter
| Type | Sales | Entry | Typical | Premium | AED/sq ft | Typical size |
|---|---|---|---|---|---|---|
| Unspecified | 9 | AED 20.90M | AED 21.50M | AED 22.75M | 5,574 | 3,729 sq ft |
Who's buying last 12 months
Latest registered sales
| Date | Type | Beds | Building | Sq ft | Price | AED/sq ft |
|---|---|---|---|---|---|---|
| 2025-10-14 | Villa | – | Palma Residence | 4,537 | AED 34,000,000 | 7,494 |
| 2025-10-06 | Villa | – | Palma Residence | 4,406 | AED 22,750,000 | 5,163 |
| 2025-10-01 | Villa | – | Palma Residence | 5,631 | AED 21,750,000 | 3,863 |
| 2025-07-10 | Villa | – | Palma Residence | 3,729 | AED 9,800,000 | 2,628 |
| 2025-05-08 | Villa | – | Palma Residence | 3,659 | AED 20,900,000 | 5,711 |
| 2025-05-08 | Villa | – | Palma Residence | 3,663 | AED 20,000,000 | 5,460 |
The full report lists every registered sale, with filters by bedroom and date. Open it free.
Questions about Palma Residence
What is the average price per sq ft in Palma Residence?
Over the last 12 months the median registered sale price in Palma Residence was AED 6,329 per sq ft (+13.5% year on year).
How many properties sold in Palma Residence in the last 12 months?
2 sales were registered in the last 12 months, 0.0% of them off-plan.
What is the average rent in Palma Residence?
The median annual rent across 28 contracts registered in the last 12 months was AED 600,000.
Comparables in Palm Jumeirah 12m
| Project | Sales | AED/sq ft |
|---|---|---|
| Passo By Beyond | 241 | 5,908 |
| Serenia Living | 41 | 4,537 |
| The Palm Tower | 33 | 4,340 |
| The 8 | 25 | 3,985 |
| Palm Beach Towers - 2 | 24 | 3,319 |
| Seven Hotel and Apartments The Palm | 63 | 3,284 |
| Tiara Residence | 28 | 3,230 |
| Fairmont Palm Residence | 34 | 2,600 |
| Royal Amwaj | 41 | 2,266 |
| Marina Residence | 79 | 2,219 |
| Balqis Residence | 25 | 2,147 |
| Golden Mile | 49 | 1,961 |
Project record
| Developer | The Palm - Jumeirah Co. (L.L.C) |
| Status | Finished |
| Completion | 100% |
| Handover | 2015-02-02 |
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Data sourced from the Dubai Open Data portal (data.dubai) under the Dubai Open Data Licence; originating entity: Dubai Land Department. GetYaData is an independent service and is not affiliated with, endorsed by or associated with the Dubai Land Department or the Government of Dubai. Figures are indicative — not a valuation.
