4-bed · 2,982 sqftPalma Residences, Palm Jumeirah · completed 2015

4V-092, Palma Residences

Sold prices and rental history: sold 3 times, last in December 2016, and rented once, from December 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa 4V-092 · DLD and Ejari recordsUpdated 13 December 2016
Last soldAED 4M13 December 2016
Current rentAED 280K /yr15 December 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4V-092, Palma Residences

What is 4V-092 worth today?

Last sold for AED 4,000,000 in 2016

Unlock today's estimate, updated daily, with

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

13 Dec 2016SoldReady
AED 4,000,000AED 1,341 per sqft
23 Feb 2016SoldReady
AED 4,750,000AED 1,730 per sqft
15 Dec 2015RentedNew contract
AED 280,000/yr12 months · AED 94 per sqft
9 Dec 2014Sold by developerOff-plan
AED 5,000,000AED 1,822 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 13 December 2016.

Key facts

Type
4-bed villa
Size
2,982 sqft
Developer
The Palm - Jumeirah Co
Completed
2015
Service charge
AED 7,300 /yr
Last sold
AED 4M · December 2016

About 4V-092, Palma Residences

4V-092 is a four-bedroom villa of 2,982 sqft in Palma Residences, a villa community in Palm Jumeirah completed in 2015 by The Palm - Jumeirah Co. It last sold on 13 December 2016 for AED 4,000,000, or AED 1,341 per sqft, 22% below the AED 1,730 four-beds in the community were fetching at the time.

One Ejari contract is registered, from 15 December 2015. The current contract, signed on 15 December 2015, is AED 280,000 a year: a gross yield of 7.0% on the 2016 price, before the service charge of about AED 7,300 a year.

Sales and rents for 4V-092 over time

Sales
Villa 4V-092, each saleTypical four-bed in Palma Residences
4M6M8M2013201620192022Typical 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 5,000,000 (AED 1,822 per sqft)Sold, February 2016: AED 4,750,000 (AED 1,730 per sqft)Sold, December 2016: AED 4,000,000 (AED 1,341 per sqft)

4V-092 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa 4V-092, 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, December 2015: AED 280,000 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-092 sits

All 18 4-beds →

4V-092 last sold in December 2016 at AED 1,341 per sqft, 22% below what four-beds in Palma Residences were fetching at the time (AED 1,730).

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-092, Palma Residences in numbers

  • Sold 3 times: first on 9 December 2014 for AED 5,000,000, last on 13 December 2016 for AED 4,000,000 (AED 1,341 per sqft).
  • Rented since December 2015 on one Ejari contract, at AED 280,000 a year.
  • At AED 280,000 a year the gross yield on the 2016 price is 7.0%, before a service charge of about AED 7,300 a year (AED 2.44 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 13 December 2016.

Questions about 4V-092, Palma Residences

What did villa 4V-092 last sell for?

AED 4,000,000 on 13 December 2016: AED 1,341 per sqft for 2,982 sqft. The villa has 3 registered sales; the first was AED 5,000,000 in December 2014.

What is the rent for villa 4V-092?

AED 280,000 a year on the contract signed on 15 December 2015.

How big is villa 4V-092?

2,982 sqft (277.0 sqm): a four-bedroom villa in Palma Residences, completed in 2015.

What is villa 4V-092 worth today?

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

Selling 4V-092? 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-092, Palma Residences

Starts from the last sale price (AED 4M, 13 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

Plus AED 173,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →