PropertyIndex

Palmarosa

Under Construction · Due Q4 2022 · 97%|285 villas

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Palmarosa is an under-construction mixed residential development by GULF DEVELOPERS FZC in The Palmarosa, Wadi Al Safa 7, comprising 296 registered units. 80 sales are registered with the Dubai Land Department, at a current PIX© price of AED 950 per sqft. At AED 950 per sqft, Palmarosa prices 2% below the The Palmarosa average of AED 970 per sqft on registered sales.

PIX© price · 45.9% YoY
3.74MAED
Typical
950AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
80
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
Palmarosa

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoY
PIX© Core
Project-Wide
2,779 – 36,973 sqft
2963.74M95045.9%
Residential
3 Bed · Apartment
11,274 – 36,973 sqft
11
1 Bed · Villa
3,187 – 4,950 sqft
9
4 Bed · Villa
2,779 – 6,720 sqft
235
5 Bed · Villa
7,532 – 8,250 sqft
35
Villa (Bedrooms Unknown)
3,970 – 5,344 sqft
6
Land
Land
7,538 – 7,897 sqft
No rental contracts registered — the project has not handed over.
Sales — Project-Wide80 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitSizePricePSFvs Prior SaleTierType
4 Feb 20264 Bed3,4803,500,0001,006StandardOff-Plan Sale
14 Nov 20254 Bed3,7142,000,000539StandardOff-Plan Sale
15 Sep 20254 Bed3,1954,138,5741,2950.0%StandardOff-Plan Sale
Rentals — Project-Wide
PIX© rent analysis
No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Common questions about Palmarosa

Answered from Dubai Land Department registered transactions.

How much does a property in Palmarosa cost?

Property in Palmarosa sells at a current PIX© price of AED 950 per sqft, or about AED 3,738,539 for a typical unit, based on 80 sales registered with the Dubai Land Department.

When is Palmarosa handing over?

Palmarosa is under construction, due q4 2022, and is 97% complete against the Dubai Land Department's reported progress.

Who is the developer of Palmarosa?

Palmarosa is developed by GULF DEVELOPERS FZC, the developer recorded against the project in the Dubai Land Department register.

How many units are in Palmarosa?

Palmarosa holds 296 registered units, per the Dubai Land Department unit register.

Have prices in Palmarosa gone up or down?

Price per sqft has risen +45.9% over the last 12 months, to AED 950, across 80 registered sales.