Project · Transactions · 2022

Palma Residence Property Transactions 2022

12 property sales worth ⃃ 127.53M were registered in Palma Residence in 2022, 9.1% higher than 2021 by number of sales. The median sale price was ⃃ 11,425,000 and the median price per square foot ⃃ 2,890 (+74.1% on 2021).

Period: 1 Jan – 31 Dec 2022Compared with: 2021Sample: 12 salesUpdated: 19 Oct 2026
Property sales
12
+9.1% vs 2021
1 Jan – 31 Dec 2022
Total value
⃃ 127.53M
+60.9% vs 2021
1 Jan – 31 Dec 2022
Median sale price
⃃ 11,425,000
+52.3% vs 2021
12 sales
Median price per sq ft
⃃ 2,890
+74.1% vs 2021
12 sales

What types of property sold in Palma Residence in 2022?

1 Jan – 31 Dec 2022

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments12100%⃃ 127.53M⃃ 11,425,000⃃ 2,890

How were 2022 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)12100%⃃ 127.53M⃃ 11,425,000⃃ 2,890
Ready12100%⃃ 127.53M⃃ 11,425,000⃃ 2,890

What were the most expensive property sales in Palma Residence in 2022?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
26/10/2022Palma Residence5 beds · Apartment4,772 sq ft⃃ 20,000,000Resale · Ready
06/04/2022Palma Residence5 beds · Apartment4,406 sq ft⃃ 12,500,000Resale · Ready
17/10/2022Palma Residence5 beds · Apartment3,381 sq ft⃃ 12,200,000Resale · Ready
19/08/2022Palma Residence5 beds · Apartment3,663 sq ft⃃ 12,000,000Resale · Ready
12/12/2022Palma Residence5 beds · Apartment4,643 sq ft⃃ 12,000,000Resale · Ready
15/07/2022Palma Residence5 beds · Apartment3,381 sq ft⃃ 11,500,000Resale · Ready
10/03/2022Palma Residence5 beds · Apartment4,537 sq ft⃃ 11,350,000Resale · Ready
14/03/2022Palma Residence5 beds · Apartment3,523 sq ft⃃ 11,250,000Resale · Ready
07/01/2022Palma Residence5 beds · Apartment3,659 sq ft⃃ 9,250,000Resale · Ready
08/11/2022Palma Residence4 beds · Apartment3,733 sq ft⃃ 6,300,000Resale · Ready

What were the last registered sales of 2022?

No transactions on record for this selection.

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 2022 with the whole of 2021.
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/2022
Palma Residence Property Transactions 2022. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/palma-residence/2022

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 2022?
12 property sales worth ⃃ 127,525,000 were registered in Palma Residence in 2022. That is 9.1% higher than 2021.
What was the median property price in Palma Residence in 2022?
The median sale price was ⃃ 11,425,000 and the median price per square foot ⃃ 2,890 (1 Jan – 31 Dec 2022).

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/palma-residence/2022