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4-bed · 3,014 sqftPalma Residences, Palm Jumeirah · completed 2015

4V-093, Palma Residences

Sold prices and rental history: sold twice, last in February 2021, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa 4V-093 · DLD and Ejari recordsUpdated 15 July 2024
Last soldAED 3.9M22 February 2021
Current rentAED 448K /yr15 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4V-093, Palma Residences

What is 4V-093 worth today?

Last sold for AED 3,900,000 in 2021

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15 Jul 2024RentedRenewal
AED 448,000/yr12 months · AED 149 per sqft
15 Jul 2023RentedNew contract
AED 460,000/yr12 months · AED 153 per sqft
22 Feb 2021SoldReady
AED 3,900,000AED 1,294 per sqft
20 Jul 2020RentedRenewal
AED 190,000/yr12 months · AED 63 per sqft
20 Jul 2019RentedNew contract
AED 210,000/yr12 months · AED 70 per sqft
15 Aug 2018RentedRenewal
AED 250,000/yr12 months · AED 83 per sqft
15 Aug 2017RentedRenewal
AED 250,000/yr12 months · AED 83 per sqft
15 Aug 2016RentedNew contract
AED 250,000/yr12 months · AED 83 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 July 2024.

Key facts

Type
4-bed villa
Size
3,014 sqft
Developer
The Palm - Jumeirah Co
Completed
2015
Service charge
AED 7,400 /yr
Last sold
AED 3.9M · February 2021
Community
Palma Residences

About 4V-093, Palma Residences

4V-093 is a four-bedroom villa of 3,014 sqft in Palma Residences, a villa community in Palm Jumeirah completed in 2015 by The Palm - Jumeirah Co. It last sold on 22 February 2021 for AED 3,900,000, or AED 1,294 per sqft.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 15 July 2024, is AED 448,000 a year: a gross yield of 11.5% on the 2021 price, before the service charge of about AED 7,400 a year.

Sales and rents for 4V-093 over time

Sales
Villa 4V-093, 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, November 2014: AED 5,700,000 (AED 3,933 per sqft)Sold, February 2021: AED 3,900,000 (AED 1,294 per sqft)

4V-093 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa 4V-093, 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, October 2015: AED 300,000 a yearNew contract, August 2016: AED 250,000 a yearRenewal, August 2017: AED 250,000 a yearRenewal, August 2018: AED 250,000 a yearNew contract, July 2019: AED 210,000 a yearRenewal, July 2020: AED 190,000 a yearNew contract, July 2023: AED 460,000 a yearRenewal, July 2024: AED 448,000 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-093 sits

All 18 4-beds →
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-093, Palma Residences in numbers

  • Sold twice: first on 2 November 2014 for AED 5,700,000, last on 22 February 2021 for AED 3,900,000 (AED 1,294 per sqft).
  • Rented since October 2015 on 8 Ejari contracts. The rent fell from AED 300,000 to AED 190,000 in 2020 and recovered to AED 448,000 by July 2024.
  • At AED 448,000 a year the gross yield on the 2021 price is 11.5%, before a service charge of about AED 7,400 a year (AED 2.44 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 15 July 2024.

Questions about 4V-093, Palma Residences

What did villa 4V-093 last sell for?

AED 3,900,000 on 22 February 2021: AED 1,294 per sqft for 3,014 sqft. The villa has 2 registered sales; the first was AED 5,700,000 in November 2014.

What is the rent for villa 4V-093?

AED 448,000 a year on the contract renewed on 15 July 2024. The previous contract, from July 2023, was AED 460,000; the villa has been rented since October 2015.

How big is villa 4V-093?

3,014 sqft (280.0 sqm): a four-bedroom villa in Palma Residences, completed in 2015.

What is villa 4V-093 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-093, Palma Residences

Starts from the last sale price (AED 3.9M, 22 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,900,000
Deposit, UAE resident (20%)
AED 780,000
Deposit, non-resident (40%)
AED 1,560,000
Monthly over 25 years at 3.7%
AED 15,956

Plus AED 168,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →