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5-bed · 3,337 sqftPalma Residences, Palm Jumeirah · completed 2015

5V-015, Palma Residences

Sold prices and rental history: sold 3 times, last in May 2025, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa 5V-015 · DLD and Ejari recordsUpdated 8 May 2025
Last soldAED 20.9M8 May 2025
Current rentAED 625K /yr4 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5V-015, Palma Residences

What is 5V-015 worth today?

Last sold for AED 20,900,000 in 2025

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8 May 2025SoldReady
AED 20,900,000AED 6,263 per sqft
4 Jul 2022RentedNew contract
AED 625,000/yr12 months · AED 187 per sqft
10 Jun 2021RentedRenewal
AED 350,000/yr12 months · AED 105 per sqft
10 Jun 2020RentedRenewal
AED 350,000/yr12 months · AED 105 per sqft
10 Jun 2018RentedNew contract
AED 360,000/yr12 months · AED 108 per sqft
16 Sep 2016RentedRenewal
AED 390,000/yr12 months · AED 117 per sqft
16 Sep 2015RentedNew contract
AED 390,000/yr12 months · AED 117 per sqft
2 Mar 2015SoldReady
AED 12,000,000AED 3,596 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 May 2025.

Key facts

Type
5-bed villa
Size
3,337 sqft
Developer
The Palm - Jumeirah Co
Completed
2015
Service charge
AED 8,100 /yr
Last sold
AED 20.9M · May 2025
Community
Palma Residences

About 5V-015, Palma Residences

5V-015 is a five-bedroom villa of 3,337 sqft in Palma Residences, a villa community in Palm Jumeirah completed in 2015 by The Palm - Jumeirah Co. It last sold on 8 May 2025 for AED 20,900,000, or AED 6,263 per sqft, in line with the AED 6,293 five-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 4 July 2022, is AED 625,000 a year: a gross yield of 3.0% on the 2025 price, before the service charge of about AED 8,100 a year.

Sales and rents for 5V-015 over time

Sales
Villa 5V-015, each saleTypical five-bed in Palma Residences
10M20M2013201720212025Typical sale price by year: 2013 AED 8,030,000; 2014 AED 8,150,000; 2015 AED 7,550,000; 2016 AED 8,030,000; 2019 AED 5,500,000; 2020 AED 6,700,000; 2021 AED 7,750,000; 2022 AED 12,000,000; 2023 AED 15,000,000; 2024 AED 21,000,000; 2025 AED 21,750,000Sold by developer, April 2014: AED 7,100,000 (AED 2,127 per sqft)Sold, March 2015: AED 12,000,000 (AED 3,596 per sqft)Sold, May 2025: AED 20,900,000 (AED 6,263 per sqft)

5V-015 has sold 3 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa 5V-015, each contractTypical five-bed in Palma Residences
400K600K20152018202120242027Typical rent by year: 2015 AED 369,231; 2016 AED 365,000; 2017 AED 360,000; 2018 AED 360,000; 2019 AED 325,000; 2020 AED 302,500; 2021 AED 330,000; 2022 AED 388,450; 2023 AED 436,590; 2024 AED 625,211; 2025 AED 662,500; 2026 AED 585,030New contract, September 2015: AED 390,000 a yearRenewal, September 2016: AED 390,000 a yearNew contract, June 2018: AED 360,000 a yearRenewal, June 2020: AED 350,000 a yearRenewal, June 2021: AED 350,000 a yearNew contract, July 2022: AED 625,000 a year

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-015 sits

All 86 5-beds →

5V-015 last sold in May 2025 at AED 6,263 per sqft, in line with what five-beds in Palma Residences were fetching at the time (AED 6,293). 5V-015's AED 625,000 is in the lower half of that range.

Recent 5-bed salesVilla no.Price (AED)Summary
14 Oct 202534,000,000
6 Oct 202522,750,000
1 Oct 202521,750,000
8 May 202520,000,000
0 5-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 →

5V-015, Palma Residences in numbers

  • Sold 3 times: first on 2 April 2014 for AED 7,100,000, last on 8 May 2025 for AED 20,900,000 (AED 6,263 per sqft).
  • Rented since September 2015 on 6 Ejari contracts. The rent fell from AED 390,000 to AED 350,000 in 2021 and recovered to AED 625,000 by July 2022.
  • At AED 625,000 a year the gross yield on the 2025 price is 3.0%, before a service charge of about AED 8,100 a year (AED 2.44 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 8 May 2025.

Questions about 5V-015, Palma Residences

What did villa 5V-015 last sell for?

AED 20,900,000 on 8 May 2025: AED 6,263 per sqft for 3,337 sqft. The villa has 3 registered sales; the first was AED 7,100,000 in April 2014.

What is the rent for villa 5V-015?

AED 625,000 a year on the contract signed on 4 July 2022. The previous contract, from June 2021, was AED 350,000; the villa has been rented since September 2015.

How big is villa 5V-015?

3,337 sqft (310.0 sqm): a five-bedroom villa in Palma Residences, completed in 2015.

What is villa 5V-015 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-015, Palma Residences

Starts from the last sale price (AED 20.9M, 8 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 20,900,000
Deposit, UAE resident (20%)
AED 4,180,000
Deposit, non-resident (40%)
AED 8,360,000
Monthly over 25 years at 3.7%
AED 85,508

Plus AED 882,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →