5V-002, Palma Residences
Sold prices and rental history: sold twice, last in July 2020, and rented once, from October 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5V-002, Palma Residences
What is 5V-002 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 14 July 2020.
Key facts
- Type
- 5-bed villa
- Size
- 3,880 sqft
- Developer
- The Palm - Jumeirah Co
- Completed
- 2015
- Service charge
- AED 9,500 /yr
- Last sold
- AED 5.8M · July 2020
- Community
- Palma Residences
About 5V-002, Palma Residences
5V-002 is a five-bedroom villa of 3,880 sqft in Palma Residences, a villa community in Palm Jumeirah completed in 2015 by The Palm - Jumeirah Co. It last sold on 14 July 2020 for AED 5,800,568, or AED 1,494 per sqft, 7% below the AED 1,609 five-beds in the community were fetching at the time.
One Ejari contract is registered, from 27 October 2019. The current contract, signed on 27 October 2019, is AED 300,000 a year: a gross yield of 5.2% on the 2020 price, before the service charge of about AED 9,500 a year.
Sales and rents for 5V-002 over time
5V-002 has sold twice; the dashed line is the five-bed median of each year in the community.
Annual rent on each registered contract; the dashed line is the five-bed median of each year in the community.
5-beds in Palma Residences, and where 5V-002 sits
All 86 5-beds →5V-002 last sold in July 2020 at AED 1,494 per sqft, 7% below what five-beds in Palma Residences were fetching at the time (AED 1,609). 5V-002's AED 300,000 is at the bottom of that range.
| Recent 5-bed sales | Villa no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Oct 202514 October 2025 | 3,337 sqft | 34,000,000 | 10,189 | ||
| 6 Oct 20256 October 2025 | 3,337 sqft | 22,750,000 | 6,817 | ||
| 1 Oct 20251 October 2025 | 3,880 sqft | 21,750,000 | 5,605 | ||
| 8 May 20258 May 2025 | 3,337 sqft | 20,900,000 | 6,263 |
Palma Residences
Community104 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
5V-002, Palma Residences in numbers
- Sold twice: first on 27 October 2014 for AED 9,130,000, last on 14 July 2020 for AED 5,800,568 (AED 1,494 per sqft).
- Rented since October 2019 on one Ejari contract, at AED 300,000 a year.
- At AED 300,000 a year the gross yield on the 2020 price is 5.2%, before a service charge of about AED 9,500 a year (AED 2.44 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 14 July 2020.
Questions about 5V-002, Palma Residences
What did villa 5V-002 last sell for?
AED 5,800,568 on 14 July 2020: AED 1,494 per sqft for 3,880 sqft. The villa has 2 registered sales; the first was AED 9,130,000 in October 2014.
What is the rent for villa 5V-002?
AED 300,000 a year on the contract signed on 27 October 2019.
How big is villa 5V-002?
3,880 sqft (360.5 sqm): a five-bedroom villa in Palma Residences, completed in 2015.
What is villa 5V-002 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 5V-002, Palma Residences
Starts from the last sale price (AED 5.8M, 14 July 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 5,800,568
- Deposit, UAE resident (20%)
- AED 1,160,114
- Deposit, non-resident (40%)
- AED 2,320,227
- Monthly over 25 years at 3.7%
- AED 23,732
Plus AED 248,634 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →