Project · Transactions · 2021

Palma Residence Property Transactions 2021

11 property sales worth AED 79.28M were registered in Palma Residence in 2021, 120.0% higher than 2020 by number of sales. The median sale price was AED 7,500,000 and the median price per square foot AED 1,660 (−5.5% on 2020).

Period: 1 Jan – 31 Dec 2021Compared with: 2020Sample: 11 salesUpdated: 20 Oct 2026
Property sales
11
+120.0% vs 2020
1 Jan – 31 Dec 2021
Total value
AED 79.28M
+152.1% vs 2020
1 Jan – 31 Dec 2021
Median sale price
AED 7,500,000
+21.0% vs 2020
11 sales
Median price per sq ft
AED 1,660
−5.5% vs 2020
11 sales

What types of property sold in Palma Residence in 2021?

1 Jan – 31 Dec 2021

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments11100%AED 79.28MAED 7,500,000AED 1,660

How were 2021 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Resale (secondary)11100%AED 79.28MAED 7,500,000AED 1,660
Ready11100%AED 79.28MAED 7,500,000AED 1,660

How many rental contracts were registered in Palma Residence in 2021?

52 rental contracts (new and renewed) were registered in Palma Residence in 2021, at a median annual rent of AED 325,000 (+8.3% on 2020).

What were the most expensive property sales in Palma Residence in 2021?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
09/05/2021Palma Residence5 beds · Apartment5,741 sq ftAED 9,530,000Resale · Ready
08/03/2021Palma Residence5 beds · Apartment5,631 sq ftAED 9,500,000Resale · Ready
02/05/2021Palma Residence5 beds · Apartment4,930 sq ftAED 9,500,000Resale · Ready
31/01/2021Palma Residence5 beds · Apartment4,643 sq ftAED 8,000,000Resale · Ready
26/08/2021Palma Residence5 beds · Apartment3,256 sq ftAED 7,500,000Resale · Ready
21/02/2021Palma Residence5 beds · Apartment4,930 sq ftAED 7,500,000Resale · Ready
08/02/2021Palma Residence5 beds · Apartment3,656 sq ftAED 7,200,000Resale · Ready
02/03/2021Palma Residence5 beds · Apartment4,867 sq ftAED 7,000,000Resale · Ready
04/05/2021Palma Residence4 beds · Apartment3,541 sq ftAED 5,450,000Resale · Ready
03/06/2021Palma Residence4 beds · Apartment3,456 sq ftAED 4,200,000Resale · Ready

What were the last registered sales of 2021?

DatePropertyTypeSizePriceMarket
26/08/2021Palma Residence5 beds · Apartment3,256 sq ftAED 7,500,000Resale · Ready
03/06/2021Palma Residence4 beds · Apartment3,456 sq ftAED 4,200,000Resale · Ready
09/05/2021Palma Residence5 beds · Apartment5,741 sq ftAED 9,530,000Resale · Ready
04/05/2021Palma Residence4 beds · Apartment3,541 sq ftAED 5,450,000Resale · Ready
02/05/2021Palma Residence5 beds · Apartment4,930 sq ftAED 9,500,000Resale · Ready
08/03/2021Palma Residence5 beds · Apartment5,631 sq ftAED 9,500,000Resale · Ready
02/03/2021Palma Residence5 beds · Apartment4,867 sq ftAED 7,000,000Resale · Ready
22/02/2021Palma Residence4 beds · Apartment3,781 sq ftAED 3,900,000Resale · Ready
21/02/2021Palma Residence5 beds · Apartment4,930 sq ftAED 7,500,000Resale · Ready
08/02/2021Palma Residence5 beds · Apartment3,656 sq ftAED 7,200,000Resale · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2021 with the whole of 2020.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/palma-residence/2021
Palma Residence Property Transactions 2021. DXBinteract, data to 19 Oct 2026. https://dxbinteract.com/dubai-property-transactions/palma-residence/2021

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Palma Residence in 2021?
11 property sales worth AED 79,280,000 were registered in Palma Residence in 2021. That is 120.0% higher than 2020.
What was the median property price in Palma Residence in 2021?
The median sale price was AED 7,500,000 and the median price per square foot AED 1,660 (1 Jan – 31 Dec 2021).

Last updated · data to 19 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/palma-residence/2021