Palma Residences
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Palma Residences is an in-progress apartment development in Dubai South, Madinat Al Mataar. 13 sales are registered with the Dubai Land Department, at a current PIX© price of AED 903 per sqft. At AED 903 per sqft, Palma Residences prices 42% below the Dubai South average of AED 1,569 per sqft on registered sales.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | PIX© Price | PIX© PSF | PSF YoY | Trend | PIX© Rent /yr | Yield |
|---|---|---|---|---|---|---|
PIX© Core Project-Wide — | 522K | 903 | ↓0.1% | 63K | 12.1% | |
Studio · Apartment 365 – 480 sqft | — | |||||
1 Bed · Apartment 732 – 838 sqft | — | |||||
2 Bed · Apartment 1,094 sqft | — |
| Date | Unit | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|---|
| 16 Jun 2026 | 2 Bed | Floor 1 | 1,094 | 960,000 | 877 | — | Standard | Standard Sale |
| 21 Jan 2026 | 1 Bed | Floor 2 | 838 | 780,872 | 932 | — | Standard | Standard Sale |
| 20 Sep 2025 | Studio | Floor 2 | 480 | 432,257 | 900 | — | Entry Level | Standard Sale |
| Start Date | Unit | Position | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|---|
| 15 Jul 2026 | 2 Bed | Floor 2 | 1,142 | 65,100 | 57 | 0.0% | Entry Level | renewal |
| 20 Jun 2026 | 1 Bed | Floor 3 | 732 | 50,000 | 68 | 0.0% | Entry Level | new |
| 15 Jun 2026 | 1 Bed | Floor 4 | 938 | 65,000 | 69 | +25.0% | Standard | new |
Comparables
How this project prices against its peers, ranked by PIX© price per square foot.
Comparable projects in Dubai South
The closest-priced registered projects in Dubai South.
- South Residence 2AED 901/sqft
- Ab South ResidenceAED 898/sqft
- The Pulse ResidenceAED 896/sqft
- South Residence 1AED 894/sqft
- The Pulse Beachfront 2AED 917/sqft
- Fairway Villas 2AED 923/sqft
Common questions about Palma Residences
Answered from Dubai Land Department registered transactions.
How much does a property in Palma Residences cost?
Property in Palma Residences sells at a current PIX© price of AED 903 per sqft, or about AED 521,879 for a typical unit, based on 13 sales registered with the Dubai Land Department.
When is Palma Residences handing over?
Palma Residences is under construction.
What is the rental yield in Palma Residences?
Palma Residences yields 12.1% gross, calculated from current PIX© rent against current PIX© sale price, across 121 registered Ejari contracts.
Have prices in Palma Residences gone up or down?
Price per sqft has fallen -0.1% over the last 12 months, to AED 903, across 13 registered sales.