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

5V-034, Palma Residences

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

Villa 5V-034 · DLD and Ejari recordsUpdated 15 January 2026
Last soldAED 7M24 August 2015
Current rentAED 770K /yr15 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5V-034, Palma Residences

What is 5V-034 worth today?

Last sold for AED 7,000,000 in 2015

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15 Jan 2026RentedRenewal
AED 770,000/yr12 months · AED 231 per sqft
15 Jan 2025RentedNew contract
AED 700,000/yr12 months · AED 210 per sqft
26 Dec 2023RentedRenewal
AED 436,590/yr12 months · AED 131 per sqft
26 Dec 2022RentedRenewal
AED 363,825/yr12 months · AED 109 per sqft
26 Dec 2021RentedRenewal
AED 346,500/yr12 months · AED 104 per sqft
26 Dec 2020RentedNew contract
AED 330,000/yr12 months · AED 99 per sqft
12 Nov 2019RentedNew contract
AED 330,000/yr13 months · AED 99 per sqft
12 Nov 2018RentedNew contract
AED 330,000/yr12 months · AED 99 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 January 2026.

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 7M · August 2015
Community
Palma Residences

About 5V-034, Palma Residences

5V-034 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. The developer sold it on 24 August 2015 for AED 7,000,000, or AED 2,097 per sqft, 11% below the AED 2,349 five-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 15 January 2026, is AED 770,000 a year: a gross yield of 11.0% on the 2015 price, before the service charge of about AED 8,100 a year.

Sales and rents for 5V-034 over time

Sales
Villa 5V-034, 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, August 2015: AED 7,000,000 (AED 2,097 per sqft)

5V-034 has sold once; the dashed line is the five-bed median of each year in the community.

Rents
Villa 5V-034, each contractTypical five-bed in Palma Residences
250K500K750K20152018202120242027Typical 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, November 2015: AED 360,000 a yearRenewal, November 2016: AED 360,000 a yearRenewal, November 2017: AED 360,000 a yearNew contract, November 2018: AED 330,000 a yearNew contract, November 2019: AED 330,000 a yearNew contract, December 2020: AED 330,000 a yearRenewal, December 2021: AED 346,500 a yearRenewal, December 2022: AED 363,825 a yearRenewal, December 2023: AED 436,590 a yearNew contract, January 2025: AED 700,000 a yearRenewal, January 2026: AED 770,000 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-034 sits

All 86 5-beds →

5V-034 last sold in August 2015 at AED 2,097 per sqft, 11% below what five-beds in Palma Residences were fetching at the time (AED 2,349). 5V-034's AED 770,000 is at the top 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 202520,900,000
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-034, Palma Residences in numbers

  • Sold once: by The Palm - Jumeirah Co on 24 August 2015 for AED 7,000,000, or AED 2,097 per sqft.
  • Rented since November 2015 on 11 Ejari contracts, from AED 360,000 to AED 770,000 a year.
  • At AED 770,000 a year the gross yield on the 2015 price is 11.0%, 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 15 January 2026.

Questions about 5V-034, Palma Residences

What did villa 5V-034 last sell for?

AED 7,000,000 on 24 August 2015, sold by the developer: AED 2,097 per sqft for 3,337 sqft. It is the only registered sale of the villa.

What is the rent for villa 5V-034?

AED 770,000 a year on the contract renewed on 15 January 2026. The previous contract, from January 2025, was AED 700,000; the villa has been rented since November 2015.

How big is villa 5V-034?

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

What is villa 5V-034 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-034, Palma Residences

Starts from the last sale price (AED 7M, 24 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 7,000,000
Deposit, UAE resident (20%)
AED 1,400,000
Deposit, non-resident (40%)
AED 2,800,000
Monthly over 25 years at 3.7%
AED 28,639

Plus AED 299,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →