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

4V-104, Palma Residences

Sold prices and rental history: sold twice, last in August 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa 4V-104 · DLD and Ejari recordsUpdated 10 August 2023
Last soldAED 7.4M10 August 2023
Current rentAED 650K /yr27 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4V-104, Palma Residences

What is 4V-104 worth today?

Last sold for AED 7,400,000 in 2023

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10 Aug 2023SoldReady
AED 7,400,000AED 2,446 per sqft
27 Jul 2022RentedNew contract
AED 650,000/yr12 months · AED 215 per sqft
27 Jul 2021RentedNew contract
AED 295,000/yr12 months · AED 98 per sqft
1 Jul 2021RentedNew contract
AED 295,000/yr12 months · AED 98 per sqft
1 Jul 2020RentedRenewal
AED 245,000/yr12 months · AED 81 per sqft
1 Jul 2019RentedNew contract
AED 250,000/yr12 months · AED 83 per sqft
1 Jun 2018RentedRenewal
AED 270,000/yr12 months · AED 89 per sqft
1 Jun 2017RentedRenewal
AED 290,000/yr12 months · AED 96 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 August 2023.

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 7.4M · August 2023
Community
Palma Residences

About 4V-104, Palma Residences

4V-104 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 10 August 2023 for AED 7,400,000, or AED 2,446 per sqft, 4% above the AED 2,363 four-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 27 July 2022, is AED 650,000 a year: a gross yield of 8.8% on the 2023 price, before the service charge of about AED 7,400 a year.

Sales and rents for 4V-104 over time

Sales
Villa 4V-104, 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, August 2014: AED 5,600,000 (AED 1,851 per sqft)Sold, August 2023: AED 7,400,000 (AED 2,446 per sqft)

4V-104 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa 4V-104, each contractTypical four-bed in Palma Residences
200K400K600K2015201820212024Typical 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, June 2015: AED 290,000 a yearRenewal, June 2016: AED 290,000 a yearRenewal, June 2017: AED 290,000 a yearRenewal, June 2018: AED 270,000 a yearNew contract, July 2019: AED 250,000 a yearRenewal, July 2020: AED 245,000 a yearNew contract, July 2021: AED 295,000 a yearNew contract, July 2021: AED 295,000 a yearNew contract, July 2022: AED 650,000 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-104 sits

All 18 4-beds →

4V-104 last sold in August 2023 at AED 2,446 per sqft, 4% above what four-beds in Palma Residences were fetching at the time (AED 2,363).

Recent 4-bed salesVilla no.Price (AED)Summary
10 Jul 20259,800,000
1 Feb 20246,000,000
4 Aug 20239,020,000
18 Apr 20237,750,000
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-104, Palma Residences in numbers

  • Sold twice: first on 5 August 2014 for AED 5,600,000, last on 10 August 2023 for AED 7,400,000 (AED 2,446 per sqft).
  • Rented since June 2015 on 9 Ejari contracts. The rent fell from AED 290,000 to AED 245,000 in 2020 and recovered to AED 650,000 by July 2022.
  • At AED 650,000 a year the gross yield on the 2023 price is 8.8%, 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 10 August 2023.

Questions about 4V-104, Palma Residences

What did villa 4V-104 last sell for?

AED 7,400,000 on 10 August 2023: AED 2,446 per sqft for 3,025 sqft. The villa has 2 registered sales; the first was AED 5,600,000 in August 2014.

What is the rent for villa 4V-104?

AED 650,000 a year on the contract signed on 27 July 2022. The previous contract, from July 2021, was AED 295,000; the villa has been rented since June 2015.

How big is villa 4V-104?

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

What is villa 4V-104 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-104, Palma Residences

Starts from the last sale price (AED 7.4M, 10 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 7,400,000
Deposit, UAE resident (20%)
AED 1,480,000
Deposit, non-resident (40%)
AED 2,960,000
Monthly over 25 years at 3.7%
AED 30,276

Plus AED 315,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →