Palma Residences

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 Nakheel
43
Total Units
13
Sold
AED 390,000
Median Price
AED 900
Median Price /sqft
Construction progress: 100%
Start: Mar, 2012Completion: May, 2015

Palma Residences 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

Studio11360 sqft - 480 sqftAED 1,750 /sqft
0
1 Bed11730 sqft - 940 sqftAED 0.8M (930 /sqft)AED 1,580 /sqft
-41.2
2 Beds211,090 sqft - 1,210 sqftAED 1M (880 /sqft)AED 1,520 /sqft
-42.12

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
1Apartment, 1021939 sqft8.11 sqft Check Availability
1Apartment, 1041838 sqft9.81 sqft Check Availability
2Apartment, 10111,160 sqft8.11 sqft Check Availability
2Apartment, 10511,145 sqft4.42 sqft Check Availability
2Apartment, 10711,092 sqft0 sqft Check Availability
2Apartment, 10911,161 sqft8.11 sqft Check Availability
2Apartment, 11011,159 sqft8.11 sqft Check Availability
1Apartment, 2022939 sqft8.11 sqft Check Availability
1Apartment, 2082837 sqft9.81 sqft Check Availability
2Apartment, 20121,160 sqft8.11 sqft Check Availability
2Apartment, 20321,142 sqft4.42 sqft Check Availability
2Apartment, 20521,213 sqft10.77 sqft Check Availability
2Apartment, 21021,162 sqft8.11 sqft Check Availability
2Apartment, 21121,160 sqft8.11 sqft Check Availability
1Apartment, 3023938 sqft8.11 sqft Check Availability

Sold properties

BedsCategorySize BalconyFloorPricePrice /sqftDate
2Apartment1,094 sqft0 sqft 1AED 960,000AED 878 /sqft 16, Jun 2026
StudioApartment480 sqft0 sqft 1AED 450,000AED 938 /sqft 01, Jul 2025
StudioApartment422 sqft5.38 sqft 1AED 380,430AED 901 /sqft 08, Jul 2025
1Apartment838 sqft9.81 sqft 2AED 780,872AED 932 /sqft 21, Jan 2026
StudioApartment480 sqft0 sqft 2AED 432,257AED 901 /sqft 20, Sep 2025
StudioApartment412 sqft4.42 sqft 2AED 370,745AED 900 /sqft 05, Jul 2025
StudioApartment365 sqft0 sqft 2AED 328,310AED 899 /sqft 09, Jul 2025
1Apartment732 sqft0 sqft 3AED 658,558AED 900 /sqft 11, Jul 2025
StudioApartment480 sqft0 sqft 3AED 440,000AED 917 /sqft 02, Jul 2025
StudioApartment423 sqft5.38 sqft 3AED 380,430AED 899 /sqft 04, Jul 2025
StudioApartment412 sqft4.42 sqft 3AED 370,741AED 900 /sqft 21, Aug 2025
StudioApartment422 sqft5.38 sqft 4AED 390,041AED 924 /sqft 11, Jul 2025
StudioApartment365 sqft0 sqft 4AED 328,310AED 899 /sqft 09, Jul 2025

Palma Residences Real Estate Data – FAQ

  • What is the current property supply in Palma Residences?

    Palma Residences has a total residential supply of approximately 4 units. This represents completed and available inventory within the area.

    #LIST_BADGE#
  • How active is the real estate market in Palma Residences?

    Palma Residences recorded 2 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

    #LIST_BADGE#
  • What is the average price /sqft in Palma Residences?

    The median transaction price in Palma Residences is AED 900 /sqft , based on actual recorded sales transactions, not listing prices.

    #LIST_BADGE#
  • What rental yield can investors expect in Palma Residences?

    The gross rental yield in Palma Residences is approximately 9%, calculated using median rental income divided by median sale prices for comparable properties.

    #LIST_BADGE#
  • How much have property prices increased in Palma Residences?

    Property prices in Palma Residences have shown a capital appreciation of 0.53% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

    #LIST_BADGE#
  • How many off-plan projects are currently in Palma Residences?

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

    #LIST_BADGE#
  • What is the future supply pipeline in Palma Residences?

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

    #LIST_BADGE#
  • Is Palma Residences a good area for property investment?

    Palma Residences 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.

    #LIST_BADGE#
  • 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.

    #LIST_BADGE#
  • 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.

    #LIST_BADGE#
  • What does rental yield represent?

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

    #LIST_BADGE#