4V-088, Palma Residences
Sold prices and rental history: sold once, by the developer in August 2014, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4V-088, Palma Residences
What is 4V-088 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 December 2024.
Key facts
- Type
- 4-bed villa
- Size
- 3,100 sqft
- Developer
- The Palm - Jumeirah Co
- Completed
- 2015
- Service charge
- AED 7,600 /yr
- Last sold
- AED 5.7M · August 2014
- Community
- Palma Residences
About 4V-088, Palma Residences
4V-088 is a four-bedroom villa of 3,100 sqft in Palma Residences, a villa community in Palm Jumeirah completed in 2015 by The Palm - Jumeirah Co. The developer sold it on 25 August 2014 for AED 5,700,000, or AED 1,838 per sqft, 34% below the AED 2,778 four-beds in the community were fetching at the time.
It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 1 December 2024, is AED 432,500 a year: a gross yield of 7.6% on the 2014 price, before the service charge of about AED 7,600 a year.
Sales and rents for 4V-088 over time
4V-088 has sold once; the dashed line is the four-bed median of each year in the community.
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-088 sits
All 18 4-beds →4V-088 last sold in August 2014 at AED 1,838 per sqft, 34% below what four-beds in Palma Residences were fetching at the time (AED 2,778).
| Recent 4-bed sales | Villa no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Jul 202510 July 2025 | 3,025 sqft | 9,800,000 | 3,240 | ||
| 1 Feb 20241 February 2024 | 3,025 sqft | 6,000,000 | 1,983 | ||
| 10 Aug 202310 August 2023 | 3,025 sqft | 7,400,000 | 2,446 | ||
| 4 Aug 20234 August 2023 | 3,100 sqft | 9,020,000 | 2,909 |
Palma Residences
Community104 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
4V-088, Palma Residences in numbers
- Sold once: by The Palm - Jumeirah Co on 25 August 2014 for AED 5,700,000, or AED 1,838 per sqft.
- Rented since November 2021 on 2 Ejari contracts, from AED 110,000 to AED 432,500 a year.
- At AED 432,500 a year the gross yield on the 2014 price is 7.6%, before a service charge of about AED 7,600 a year (AED 2.44 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 1 December 2024.
Questions about 4V-088, Palma Residences
What did villa 4V-088 last sell for?
AED 5,700,000 on 25 August 2014, sold by the developer: AED 1,838 per sqft for 3,100 sqft. It is the only registered sale of the villa.
What is the rent for villa 4V-088?
AED 432,500 a year on the contract signed on 1 December 2024. The previous contract, from November 2021, was AED 110,000.
How big is villa 4V-088?
3,100 sqft (288.0 sqm): a four-bedroom villa in Palma Residences, completed in 2015.
What is villa 4V-088 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 4V-088, Palma Residences
Starts from the last sale price (AED 5.7M, 25 August 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 5,700,000
- Deposit, UAE resident (20%)
- AED 1,140,000
- Deposit, non-resident (40%)
- AED 2,280,000
- Monthly over 25 years at 3.7%
- AED 23,320
Plus AED 244,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →