PropertyIndex

Palma Residences

43 units · 1 building

Palma Residences is a development in Dubai South (Dubai World Central), comprising 43 registered units. 13 sales are registered with the Dubai Land Department, at a current PIX© price of AED 898 per sqft. At AED 898 per sqft, Palma Residences prices 48% below the Dubai South (Dubai World Central) median of AED 1,735 per sqft on registered sales.

PIX© price · 0.3% YoY
768KAED
Typical
898AED
PSF
Gross yield
8.2%
PIX© rent ÷ PIX© price
Sale records
13
DLD · all time
Rent contracts
122
Ejari · all time
Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor
Units on floor 2

Studio on Floor 2, Palma Residences

Size
Record
Oct 2021 to Jan 2026
Owners
2
Tenants
3
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
3Tenant 31 Jan 2026
Owner 2
2Owner 220 Sep 202512 mo
Current owner
Sold with tenant in place
Owner 1 · UndisclosedAcquisition date and price not on record
2Tenant 216 Oct 202412 mo
Renewal
Owner not on record
2Tenant 216 Oct 202312 mo
Owner not on record
1Tenant 120 Oct 202112 mo
Owner not on record
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Studio · Floor 2 · Palma Residences
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Palma Residences

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 YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
365 - 1,213 sqft
43768K8980.3%63K8.2%
Studio · Apartment
365 - 480 sqft
11-
1 Bed · Apartment
732 - 939 sqft
11-
2 Bed · Apartment
1,092 - 1,213 sqft
21-
Sales - Project-Wide13 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
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
16 Jun 20262 BedPalma Residences · Floor 11,094960,000877-StandardStandard Sale
21 Jan 20261 BedPalma Residences · Floor 2838780,872932-StandardStandard Sale
20 Sep 2025StudioPalma Residences · Floor 2480432,257900-Entry LevelStandard Sale
Rentals - Project-Wide122 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Latest contracts
Start DateUnit No.BedsPositionSizeRent / YrRent PSFvs Prior RentTierType
28 Aug 2026StudioPalma Residences · Floor 448035,00073-StandardCONTRACT
15 Jul 20262 BedPalma Residences · Floor 21,14265,10057-Entry LevelCONTRACT
20 Jun 20261 BedPalma Residences · Floor 373250,00068-Entry LevelCONTRACT

Comparables

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

Comparable projects in Dubai South (Dubai World Central)

The closest-priced registered projects in Dubai South (Dubai World Central).

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 898 per sqft, or about AED 768,262 for a typical unit, based on 13 sales registered with the Dubai Land Department.

What is the rental yield in Palma Residences?

Palma Residences yields 8.2% gross, calculated from current PIX© rent against current PIX© sale price, across 122 registered Ejari contracts.

How many units are in Palma Residences?

Palma Residences holds 43 registered units, per the Dubai Land Department unit register.

Have prices in Palma Residences gone up or down?

Price per sqft has fallen -0.3% over the last 12 months, to AED 898, across 13 registered sales.