PropertyIndex

PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C

Developer in Dubai · 3 projects across 2 communities

PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C is a Dubai property developer with 3 registered projects comprising 1,935 units. 138 sales are registered with the Dubai Land Department across its portfolio, at a current PIX© price of AED 3,156 per sqft. At AED 3,156 per sqft, PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C prices 64% above the Dubai market average of AED 1,921 per sqft on registered sales.

Projects
3
1 completed · 2 in progress
Inventory
1,935units
692 completed · 1,243 in progress
Communities
2
across Dubai
PIX© PSF
3,156AED/sqft
↑14.9% YoY
Gross yield
6.4%
PIX© rent ÷ PIX© price
Sale records
138
DLD · L12M · 819.88M AED
Rent contracts
63
Ejari · L12M

Delivery track record

Handovers completed and the forward pipeline, by expected completion year, from DLD project registrations.

Delivered
1 project
692 units
In pipeline
2 projects
1,243 units
’18
’19
’20
’21
’22
’23
’24
’25
’26
’27
’28
Delivered unitsPipeline unitsRegistered inventory by completion year · n/d = no date on record

Portfolio

Every PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C project. PIX© PSF-priced projects appear first; projects without a current price follow. Select a marker or number for the snapshot.

Map of comparable projects in this portfolio
CompletedIn progressSelectedNumbers follow table order · PIX© PSF-priced projects first
Selected · #1 of 3
Serenia Living
PALMA HOMES REAL ESTATE DEVELOPMENT L.L.CUnder Construction
PIX© PSF
Trend
Typical price
Yield
Units
819
Sales · L12M
32
Rents · L12M
16
Open project →
RankProjectUnitsPIX© PSFPSF YoYTypical priceYieldSalesRents
Serenia Living
PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C · Under Construction
8193216
Serenia Residences The Palm
PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C · Completed
6922347
Serenia District - West
PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C · Under Construction
42483-
Sales and rents are last-12-month DLD/Ejari records.

Common questions about PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C

Answered from Dubai Land Department registered transactions.

How much does a PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C property cost?

PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C prices at AED 3,156 per sqft on current PIX© values, based on 138 sales registered with the Dubai Land Department in the last 12 months.

Which PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C project is cheapest?

Serenia District - West is the lowest-priced at AED 2,507 per sqft, and Serenia Living the highest at AED 4,244 per sqft, across 3 priced projects with registered sales.

What rental yield do PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C properties achieve?

PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C yields 6.4% gross, calculated from current PIX© rents against current PIX© sale prices across 63 registered Ejari contracts.

How many projects does PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C have in Dubai?

PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C holds 3 registered projects comprising 1,935 units, per the Dubai Land Department project register.

Where does PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C build in Dubai?

PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C has registered projects in Jumeirah Islands, Palm Jumeirah, per the Dubai Land Department project register.

Have PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C prices gone up or down?

Prices across PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C's portfolio have risen +14.9% over the last 12 months, to AED 3,156 per sqft, across 138 registered sales.

Is PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C expensive compared to the Dubai market?

At AED 3,156 per sqft, PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C prices 64% above the Dubai market average of AED 1,921 per sqft on registered sales.