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 897 per sqft. At AED 897 per sqft, Palma Residences prices 48% below the Dubai South (Dubai World Central) median of AED 1,715 per sqft on registered sales.
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.
Studio on Floor 1, Palma Residences
- Size
- Record
- Jan 2024 to Oct 2026
- Owners
- 2
- Tenants
- 5
- Price change
- Yield on cost
| Party | Date | Price / RentAED | PSF | vs prior | Held | Note |
|---|---|---|---|---|---|---|
| 5Tenant 5 | 25 Oct 2026 | Owner 2 | ||||
| 4Tenant 4 | 25 Oct 2025 | 12 mo | Owner 2 | |||
| 2Owner 2 | 8 Jul 2025 | 16 mo | Current owner Sold with tenant in place | |||
| Owner 1 · Undisclosed | — | Acquisition date and price not on record | ||||
| 3Tenant 3 | 26 Oct 2024 | 12 mo | Owner not on record | |||
| 2Tenant 2 | 1 Oct 2024 | 12 mo | Owner not on record | |||
| 1Tenant 1 | 3 Jan 2024 | 2.0 yrs | Owner not on record |
Your nightly rate and occupancy, against this unit’s registered record.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | Units | PIX© Price | PIX© PSF | PSF YoY | Trend | PIX© Rent /yr | Yield |
|---|---|---|---|---|---|---|---|
PIX© Core Project-Wide 365 - 1,213 sqft | 43 | 776K | 897 | ↓0.3% | 57K | 7.3% | |
Studio · Apartment 365 - 480 sqft | 11 | - | |||||
1 Bed · Apartment 732 - 939 sqft | 11 | - | |||||
2 Bed · Apartment 1,092 - 1,213 sqft | 21 | - |
| Date | Unit No. | Beds | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|---|---|
| 16 Jun 2026 | 2 Bed | Palma Residences · Floor 1 | 1,094 | 960,000 | 877 | - | Standard | Standard Sale | |
| 21 Jan 2026 | 1 Bed | Palma Residences · Floor 2 | 838 | 780,872 | 932 | - | Standard | Standard Sale | |
| 20 Sep 2025 | Studio | Palma Residences · Floor 2 | 480 | 432,257 | 900 | - | Entry Level | Standard Sale |
| Start Date | Unit No. | Beds | Position | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|---|---|
| 1 Nov 2026 | 2 Bed | Palma Residences · Floor 1 | 1,145 | 58,000 | 51 | - | Entry Level | CONTRACT | |
| 25 Oct 2026 | Studio | Palma Residences · Floor 1 | 422 | 35,000 | 83 | - | Entry Level | CONTRACT | |
| 29 Sep 2026 | Studio | Palma Residences · Floor 2 | 365 | 38,000 | 104 | - | Standard | CONTRACT |
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 897 per sqft, or about AED 776,445 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 7.3% gross, calculated from current PIX© rent against current PIX© sale price, across 126 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 897, across 13 registered sales.