Building · Transactions · 2024

Palmera 3 Property Transactions 2024

10 property sales worth ⃃ 39.08M were registered in Palmera 3 in 2024, 28.6% lower than 2023 by number of sales. The median sale price was ⃃ 3,650,000 and the median price per square foot ⃃ 1,177 (+7.0% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 10 salesUpdated: 18 Oct 2026
Property sales
10
−28.6% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 39.08M
−15.2% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 3,650,000
+12.3% vs 2023
10 sales
Median price per sq ft
⃃ 1,177
+7.0% vs 2023
10 sales

How were 2024 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)10100%⃃ 39.08M⃃ 3,650,000⃃ 1,177
Ready10100%⃃ 39.08M⃃ 3,650,000⃃ 1,177

How many rental contracts were registered in Palmera 3 in 2024?

1 rental contracts (new and renewed) were registered in Palmera 3 in 2024, at a median annual rent of ⃃ 190,000 (+15.2% on 2023). Rental yields in Palmera 3

What were the most expensive property sales in Palmera 3 in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
16/08/2024Palmera 33 beds · Townhouse6,364 sq ft⃃ 6,000,000Resale · Ready
20/08/2024Palmera 32 beds · Townhouse3,170 sq ft⃃ 6,000,000Resale · Ready
02/04/2024Palmera 33 beds · Townhouse5,373 sq ft⃃ 4,600,000Resale · Ready
21/05/2024Palmera 32 beds · Townhouse3,699 sq ft⃃ 3,950,000Resale · Ready
14/03/2024Palmera 32 beds · Townhouse4,033 sq ft⃃ 3,900,000Resale · Ready
02/04/2024Palmera 32 beds · Townhouse2,910 sq ft⃃ 3,400,000Resale · Ready
15/10/2024Palmera 32 beds · Townhouse2,239 sq ft⃃ 2,900,000Resale · Ready
24/10/2024Palmera 32 beds · Townhouse2,262 sq ft⃃ 2,875,000Resale · Ready
07/06/2024Palmera 32 beds · Townhouse2,265 sq ft⃃ 2,800,000Resale · Ready
13/08/2024Palmera 32 beds · Townhouse2,235 sq ft⃃ 2,650,000Resale · Ready

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
24/10/2024Palmera 32 beds · Townhouse2,262 sq ft⃃ 2,875,000Resale · Ready
15/10/2024Palmera 32 beds · Townhouse2,239 sq ft⃃ 2,900,000Resale · Ready
20/08/2024Palmera 32 beds · Townhouse3,170 sq ft⃃ 6,000,000Resale · Ready
16/08/2024Palmera 33 beds · Townhouse6,364 sq ft⃃ 6,000,000Resale · Ready
13/08/2024Palmera 32 beds · Townhouse2,235 sq ft⃃ 2,650,000Resale · Ready
07/06/2024Palmera 32 beds · Townhouse2,265 sq ft⃃ 2,800,000Resale · Ready
21/05/2024Palmera 32 beds · Townhouse3,699 sq ft⃃ 3,950,000Resale · Ready
02/04/2024Palmera 33 beds · Townhouse5,373 sq ft⃃ 4,600,000Resale · Ready
02/04/2024Palmera 32 beds · Townhouse2,910 sq ft⃃ 3,400,000Resale · Ready
14/03/2024Palmera 32 beds · Townhouse4,033 sq ft⃃ 3,900,000Resale · 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 2024 with the whole of 2023.
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/palmera-3/2024
Palmera 3 Property Transactions 2024. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/palmera-3/2024

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 Palmera 3 in 2024?
10 property sales worth ⃃ 39,075,000 were registered in Palmera 3 in 2024. That is 28.6% lower than 2023.
What was the median property price in Palmera 3 in 2024?
The median sale price was ⃃ 3,650,000 and the median price per square foot ⃃ 1,177 (1 Jan – 31 Dec 2024).

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/palmera-3/2024