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4-bed · 3,138 sqftPalma Residences, Palm Jumeirah · completed 2015

4V-099, Palma Residences

Sold prices and rental history: sold twice, last in May 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-099 · DLD and Ejari recordsUpdated 19 November 2023
Last soldAED 5.45M4 May 2021
Current rentAED 415K /yr19 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4V-099, Palma Residences

What is 4V-099 worth today?

Last sold for AED 5,450,000 in 2021

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19 Nov 2023RentedRenewal
AED 415,000/yr12 months · AED 132 per sqft
19 Nov 2023RentedRenewal
AED 415,000/yr12 months · AED 132 per sqft
19 Nov 2022RentedNew contract
AED 415,000/yr12 months · AED 132 per sqft
11 Jul 2021RentedRenewal
AED 214,568/yr11 months · AED 68 per sqft
4 May 2021SoldReady
AED 5,450,000AED 1,736 per sqft
10 Jun 2020RentedNew contract
AED 205,000/yr13 months · AED 65 per sqft
15 Nov 2019RentedRenewal
AED 215,000/yr6 months · AED 69 per sqft
15 Nov 2018RentedNew contract
AED 215,000/yr12 months · AED 69 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 19 November 2023.

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 5.45M · May 2021
Community
Palma Residences

About 4V-099, Palma Residences

4V-099 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. It last sold on 4 May 2021 for AED 5,450,000, or AED 1,736 per sqft, 34% above the AED 1,294 four-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 19 November 2023, is AED 415,000 a year: a gross yield of 7.6% on the 2021 price, before the service charge of about AED 7,700 a year.

Sales and rents for 4V-099 over time

Sales
Villa 4V-099, 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, September 2013: AED 5,650,000 (AED 3,264 per sqft)Sold, May 2021: AED 5,450,000 (AED 1,736 per sqft)

4V-099 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa 4V-099, 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, May 2015: AED 280,000 a yearRenewal, May 2016: AED 280,000 a yearRenewal, May 2017: AED 280,000 a yearRenewal, May 2018: AED 280,000 a yearNew contract, November 2018: AED 215,000 a yearRenewal, November 2019: AED 215,000 a yearNew contract, June 2020: AED 205,000 a yearRenewal, July 2021: AED 214,568 a yearNew contract, November 2022: AED 415,000 a yearRenewal, November 2023: AED 415,000 a yearRenewal, November 2023: AED 415,000 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-099 sits

All 18 4-beds →

4V-099 last sold in May 2021 at AED 1,736 per sqft, 34% above what four-beds in Palma Residences were fetching at the time (AED 1,294).

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-099, Palma Residences in numbers

  • Sold twice: first on 2 September 2013 for AED 5,650,000, last on 4 May 2021 for AED 5,450,000 (AED 1,736 per sqft).
  • Rented since May 2015 on 11 Ejari contracts. The rent fell from AED 280,000 to AED 205,000 in 2020 and recovered to AED 415,000 by November 2023.
  • At AED 415,000 a year the gross yield on the 2021 price is 7.6%, 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 19 November 2023.

Questions about 4V-099, Palma Residences

What did villa 4V-099 last sell for?

AED 5,450,000 on 4 May 2021: AED 1,736 per sqft for 3,138 sqft. The villa has 2 registered sales; the first was AED 5,650,000 in September 2013.

What is the rent for villa 4V-099?

AED 415,000 a year on the contract renewed on 19 November 2023. The previous contract, from November 2023, was AED 415,000; the villa has been rented since May 2015.

How big is villa 4V-099?

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

What is villa 4V-099 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-099, Palma Residences

Starts from the last sale price (AED 5.45M, 4 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 5,450,000
Deposit, UAE resident (20%)
AED 1,090,000
Deposit, non-resident (40%)
AED 2,180,000
Monthly over 25 years at 3.7%
AED 22,298

Plus AED 233,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →