4-bed · 3,025 sqftPalma Residences, Palm Jumeirah · completed 2015

4V-103, Palma Residences

Sold prices and rental history: sold twice, last in November 2022, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa 4V-103 · DLD and Ejari recordsUpdated 8 November 2022
Last soldAED 6.3M8 November 2022
Current rentAED 200K /yr7 February 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4V-103, Palma Residences

What is 4V-103 worth today?

Last sold for AED 6,300,000 in 2022

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8 Nov 2022SoldReady
AED 6,300,000AED 2,082 per sqft
7 Feb 2019RentedNew contract
AED 200,000/yr12 months · AED 66 per sqft
1 Jul 2017RentedRenewal
AED 300,000/yr12 months · AED 99 per sqft
1 Jul 2016RentedNew contract
AED 300,000/yr12 months · AED 99 per sqft
25 Feb 2014Sold by developerReady
AED 5,600,000AED 3,801 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 November 2022.

Key facts

Type
4-bed villa
Size
3,025 sqft
Developer
The Palm - Jumeirah Co
Completed
2015
Service charge
AED 7,400 /yr
Last sold
AED 6.3M · November 2022

About 4V-103, Palma Residences

4V-103 is a four-bedroom villa of 3,025 sqft in Palma Residences, a villa community in Palm Jumeirah completed in 2015 by The Palm - Jumeirah Co. It last sold on 8 November 2022 for AED 6,300,000, or AED 2,082 per sqft, 5% above the AED 1,983 four-beds in the community were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 7 February 2019, is AED 200,000 a year: a gross yield of 3.2% on the 2022 price, before the service charge of about AED 7,400 a year.

Sales and rents for 4V-103 over time

Sales
Villa 4V-103, 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, February 2014: AED 5,600,000 (AED 3,801 per sqft)Sold, November 2022: AED 6,300,000 (AED 2,082 per sqft)

4V-103 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa 4V-103, 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 2016: AED 300,000 a yearRenewal, July 2017: AED 300,000 a yearNew contract, February 2019: AED 200,000 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-103 sits

All 18 4-beds →

4V-103 last sold in November 2022 at AED 2,082 per sqft, 5% above what four-beds in Palma Residences were fetching at the time (AED 1,983).

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-103, Palma Residences in numbers

  • Sold twice: first on 25 February 2014 for AED 5,600,000, last on 8 November 2022 for AED 6,300,000 (AED 2,082 per sqft).
  • Rented since July 2016 on 3 Ejari contracts, from AED 300,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2022 price is 3.2%, 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 8 November 2022.

Questions about 4V-103, Palma Residences

What did villa 4V-103 last sell for?

AED 6,300,000 on 8 November 2022: AED 2,082 per sqft for 3,025 sqft. The villa has 2 registered sales; the first was AED 5,600,000 in February 2014.

What is the rent for villa 4V-103?

AED 200,000 a year on the contract signed on 7 February 2019. The previous contract, from July 2017, was AED 300,000; the villa has been rented since July 2016.

How big is villa 4V-103?

3,025 sqft (281.0 sqm): a four-bedroom villa in Palma Residences, completed in 2015.

What is villa 4V-103 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-103, Palma Residences

Starts from the last sale price (AED 6.3M, 8 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 6,300,000
Deposit, UAE resident (20%)
AED 1,260,000
Deposit, non-resident (40%)
AED 2,520,000
Monthly over 25 years at 3.7%
AED 25,775

Plus AED 269,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →