5V-006, Palma Residences
Sold prices and rental history: sold once, by the developer in December 2014, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5V-006, Palma Residences
What is 5V-006 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2022.
Key facts
- Type
- 5-bed villa
- Size
- 3,800 sqft
- Developer
- The Palm - Jumeirah Co
- Completed
- 2015
- Service charge
- AED 9,300 /yr
- Last sold
- AED 8.1M · December 2014
- Community
- Palma Residences
About 5V-006, Palma Residences
5V-006 is a five-bedroom villa of 3,800 sqft in Palma Residences, a villa community in Palm Jumeirah completed in 2015 by The Palm - Jumeirah Co. The developer sold it on 10 December 2014 for AED 8,100,000, or AED 2,131 per sqft, 11% below the AED 2,406 five-beds in the community were fetching at the time.
It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 1 May 2022, is AED 600,000 a year: a gross yield of 7.4% on the 2014 price, before the service charge of about AED 9,300 a year.
Sales and rents for 5V-006 over time
5V-006 has sold once; 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-006 sits
All 86 5-beds →5V-006 last sold in December 2014 at AED 2,131 per sqft, 11% below what five-beds in Palma Residences were fetching at the time (AED 2,406). 5V-006's AED 600,000 is in the lower half 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-006, Palma Residences in numbers
- Sold once: by The Palm - Jumeirah Co on 10 December 2014 for AED 8,100,000, or AED 2,131 per sqft.
- Rented since May 2021 on 2 Ejari contracts, from AED 450,000 to AED 600,000 a year.
- At AED 600,000 a year the gross yield on the 2014 price is 7.4%, before a service charge of about AED 9,300 a year (AED 2.44 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2022.
Questions about 5V-006, Palma Residences
What did villa 5V-006 last sell for?
AED 8,100,000 on 10 December 2014, sold by the developer: AED 2,131 per sqft for 3,800 sqft. It is the only registered sale of the villa.
What is the rent for villa 5V-006?
AED 600,000 a year on the contract renewed on 1 May 2022. The previous contract, from May 2021, was AED 450,000.
How big is villa 5V-006?
3,800 sqft (353.0 sqm): a five-bedroom villa in Palma Residences, completed in 2015.
What is villa 5V-006 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-006, Palma Residences
Starts from the last sale price (AED 8.1M, 10 December 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 8,100,000
- Deposit, UAE resident (20%)
- AED 1,620,000
- Deposit, non-resident (40%)
- AED 3,240,000
- Monthly over 25 years at 3.7%
- AED 33,140
Plus AED 345,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →