Home
Dubai prices
About
Research
4-bed · 3,138 sqftPalma Residences, Palm Jumeirah · completed 2015

4V-087, Palma Residences

Sold prices and rental history: sold once, by the developer in December 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa 4V-087 · DLD and Ejari recordsUpdated 31 August 2021
Last soldAED 6M21 December 2014
Current rentAED 265K /yr31 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4V-087, Palma Residences

What is 4V-087 worth today?

Last sold for AED 6,000,000 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

31 Aug 2021RentedRenewal
AED 264,500/yr12 months · AED 84 per sqft
31 Aug 2020RentedNew contract
AED 230,000/yr12 months · AED 73 per sqft
1 Jun 2020RentedNew contract
AED 205,000/yr12 months · AED 65 per sqft
15 Oct 2018RentedRenewal
AED 229,579/yr9 months · AED 73 per sqft
15 Oct 2017RentedNew contract
AED 230,000/yr12 months · AED 73 per sqft
8 Jul 2016RentedRenewal
AED 270,000/yr12 months · AED 86 per sqft
8 Jul 2015RentedNew contract
AED 290,000/yr12 months · AED 92 per sqft
21 Dec 2014Sold by developerOff-plan
AED 6,000,000AED 3,882 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 31 August 2021.

Key facts

Type
4-bed villa
Size
3,138 sqft
Developer
The Palm - Jumeirah Co
Completed
2015
Service charge
AED 7,700 /yr
Last sold
AED 6M · December 2014
Community
Palma Residences

About 4V-087, Palma Residences

4V-087 is a four-bedroom villa of 3,138 sqft in Palma Residences, a villa community in Palm Jumeirah completed in 2015 by The Palm - Jumeirah Co. The developer sold it on 21 December 2014 for AED 6,000,000, or AED 3,882 per sqft, 20% above the AED 3,242 four-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 31 August 2021, is AED 264,500 a year: a gross yield of 4.4% on the 2014 price, before the service charge of about AED 7,700 a year.

Sales and rents for 4V-087 over time

Sales
Villa 4V-087, each saleTypical four-bed in Palma Residences
4M6M2013201620192022Typical sale price by year: 2013 AED 5,500,000; 2014 AED 5,700,000; 2016 AED 4,750,000; 2021 AED 4,200,000; 2022 AED 6,000,000; 2023 AED 7,400,000Sold by developer, December 2014: AED 6,000,000 (AED 3,882 per sqft)

4V-087 has sold once; the dashed line is the four-bed median of each year in the community.

Rents
Villa 4V-087, each contractTypical four-bed in Palma Residences
200K400K2015201820212024Typical rent by year: 2015 AED 290,000; 2016 AED 290,000; 2017 AED 287,500; 2018 AED 270,000; 2019 AED 235,000; 2020 AED 220,000; 2021 AED 253,250; 2022 AED 500,000; 2023 AED 420,000; 2024 AED 448,000New contract, July 2015: AED 290,000 a yearRenewal, July 2016: AED 270,000 a yearNew contract, October 2017: AED 230,000 a yearRenewal, October 2018: AED 229,579 a yearNew contract, June 2020: AED 205,000 a yearNew contract, August 2020: AED 230,000 a yearRenewal, August 2021: AED 264,500 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the community.

4-beds in Palma Residences, and where 4V-087 sits

All 18 4-beds →

4V-087 last sold in December 2014 at AED 3,882 per sqft, 20% above what four-beds in Palma Residences were fetching at the time (AED 3,242).

Recent 4-bed salesVilla no.Price (AED)Summary
10 Jul 20259,800,000
1 Feb 20246,000,000
10 Aug 20237,400,000
4 Aug 20239,020,000
0 4-bed sales in the last 12 months

Palma Residences

Community

104 villas, 4-bed to 5-bed in Palm Jumeirah, completed in 2015 by The Palm - Jumeirah Co. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 585K /yr
Typical yield
Palma Residences, Palm Jumeirah: prices, sales and rents →

4V-087, Palma Residences in numbers

  • Sold once: by The Palm - Jumeirah Co on 21 December 2014 for AED 6,000,000, or AED 3,882 per sqft.
  • Rented since July 2015 on 7 Ejari contracts. The rent fell from AED 290,000 to AED 205,000 in 2020 and recovered to AED 264,500 by August 2021.
  • At AED 264,500 a year the gross yield on the 2014 price is 4.4%, before a service charge of about AED 7,700 a year (AED 2.44 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 31 August 2021.

Questions about 4V-087, Palma Residences

What did villa 4V-087 last sell for?

AED 6,000,000 on 21 December 2014, sold by the developer: AED 3,882 per sqft for 3,138 sqft. It is the only registered sale of the villa.

What is the rent for villa 4V-087?

AED 264,500 a year on the contract renewed on 31 August 2021. The previous contract, from August 2020, was AED 230,000; the villa has been rented since July 2015.

How big is villa 4V-087?

3,138 sqft (291.5 sqm): a four-bedroom villa in Palma Residences, completed in 2015.

What is villa 4V-087 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 4V-087? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 4V-087, Palma Residences

Starts from the last sale price (AED 6M, 21 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 6,000,000
Deposit, UAE resident (20%)
AED 1,200,000
Deposit, non-resident (40%)
AED 2,400,000
Monthly over 25 years at 3.7%
AED 24,548

Plus AED 257,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →