Dream Palm Residence

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by DAMAC
113
Total Units
29
Sold
AED 6,551,600
Median Price
AED 2,200
Median Price /sqft
Construction progress: 100%
Start: Nov, 2008Completion: Dec, 2008

Dream Palm Residence Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

2 Beds522,220 sqft - 3,130 sqftAED 3,510 /sqft
0
3 Beds442,750 sqft - 3,570 sqftAED 3,980 /sqft
0
4 Beds105,000 sqft - 11,600 sqftAED 5,670 /sqft
0
5 Beds66,250 sqft - 8,510 sqftAED 6,920 /sqft
0

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSize Balcony
2Apartment, 10212,840 sqft45.25 sqft Check Availability
2Apartment, 10412,561 sqft19.22 sqft Check Availability
2Apartment, 10512,489 sqft13.59 sqft Check Availability
2Apartment, 10712,641 sqft26.6 sqft Check Availability
2Apartment, 11012,343 sqft21.32 sqft Check Availability
2Apartment, 11212,365 sqft22.11 sqft Check Availability
2Apartment, 11412,241 sqft10.56 sqft Check Availability
3Apartment, 10612,757 sqft21.21 sqft Check Availability
3Apartment, 10812,820 sqft21.44 sqft Check Availability
3Apartment, 10913,241 sqft28.36 sqft Check Availability
3Apartment, 11113,046 sqft25.85 sqft Check Availability
3Apartment, 11312,934 sqft12.6 sqft Check Availability
3Apartment, 11513,124 sqft43.73 sqft Check Availability
2Apartment, 20222,833 sqft44.59 sqft Check Availability
2Apartment, 20422,560 sqft19.1 sqft Check Availability

Sold properties

BedsCategorySize BalconyFloorPricePrice /sqftDate
2Apartment2,543 sqft41.56 sqft 1AED 6,110,000AED 2,403 /sqft 24, Nov 2013
3Apartment3,423 sqft52.19 sqft 1AED 7,150,000AED 2,089 /sqft 24, Jul 2025
3Apartment2,780 sqft23.19 sqft 1AED 6,116,792AED 2,200 /sqft 07, Jan 2015
2Apartment2,545 sqft41.61 sqft 2AED 6,110,000AED 2,401 /sqft 15, May 2013
3Apartment3,140 sqft25.91 sqft 2AED 6,551,581AED 2,086 /sqft 18, Nov 2013
3Apartment2,766 sqft22 sqft 2AED 5,700,000AED 2,061 /sqft 24, Apr 2024
2Apartment2,330 sqft21.75 sqft 3AED 5,592,072AED 2,400 /sqft 24, Nov 2013
2Apartment2,243 sqft10.72 sqft 3AED 4,300,000AED 1,917 /sqft 16, Dec 2022
2Apartment2,769 sqft39.61 sqft 3AED 3,075,000AED 1,111 /sqft 15, Sep 2021
3Apartment3,223 sqft28.95 sqft 3AED 7,090,600AED 2,200 /sqft 26, Jun 2013
3Apartment3,140 sqft25.91 sqft 3AED 6,600,000AED 2,102 /sqft 30, Apr 2025
3Apartment2,989 sqft42.74 sqft 3AED 5,496,882AED 1,839 /sqft 09, Mar 2021
3Apartment2,819 sqft21.24 sqft 3AED 4,165,000AED 1,477 /sqft 15, Sep 2021
2Apartment2,217 sqft8.34 sqft 4AED 3,321,000AED 1,498 /sqft 19, Oct 2021
2Apartment2,331 sqft21.81 sqft 4AED 2,900,000AED 1,244 /sqft 26, Nov 2020

Dream Palm Residence Real Estate Data – FAQ

  • What is the current property supply in Dream Palm Residence?

    Dream Palm Residence has a total residential supply of approximately 9 units. This represents completed and available inventory within the area.

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  • How active is the real estate market in Dream Palm Residence?

    Dream Palm Residence recorded 0 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

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  • What is the average price /sqft in Dream Palm Residence?

    The median transaction price in Dream Palm Residence is , based on actual recorded sales transactions, not listing prices.

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  • What rental yield can investors expect in Dream Palm Residence?

    The gross rental yield in Dream Palm Residence is approximately 5%, calculated using median rental income divided by median sale prices for comparable properties.

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  • How much have property prices increased in Dream Palm Residence?

    Property prices in Dream Palm Residence have shown a capital appreciation of 0% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

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  • How many off-plan projects are currently in Dream Palm Residence?

    There are currently 0 active off-plan projects in Dream Palm Residence, reflecting strong developer activity and future supply pipeline.

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  • What is the future supply pipeline in Dream Palm Residence?

    The total off-plan pipeline in Dream Palm Residence includes approximately 0 units, which will significantly impact future supply and pricing dynamics.

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  • Is Dream Palm Residence a good area for property investment?

    Dream Palm Residence is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around %, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

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  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

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  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

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  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In Dream Palm Residence, this is %, indicating relatively strong income performance compared to global markets.

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