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

5V-068, Palma Residences

Sold prices and rental history: sold 4 times, last in December 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa 5V-068 · DLD and Ejari recordsUpdated 9 December 2024
Last soldAED 21M9 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5V-068, Palma Residences

What is 5V-068 worth today?

Last sold for AED 21,000,000 in 2024

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9 Dec 2024SoldReady
AED 21,000,000AED 6,293 per sqft
22 Jun 2023SoldReady
AED 14,050,000AED 4,210 per sqft
26 Nov 2019SoldReady
AED 4,690,000AED 1,405 per sqft
17 Nov 2013Sold by developerOff-plan
AED 8,030,000AED 2,406 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 9 December 2024.

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 21M · December 2024
Community
Palma Residences

About 5V-068, Palma Residences

5V-068 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 9 December 2024 for AED 21,000,000, or AED 6,293 per sqft.

No rental contract for the villa is registered on Ejari.

Sales and rents for 5V-068 over time

Sales
Villa 5V-068, 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, November 2013: AED 8,030,000 (AED 2,406 per sqft)Sold, November 2019: AED 4,690,000 (AED 1,405 per sqft)Sold, June 2023: AED 14,050,000 (AED 4,210 per sqft)Sold, December 2024: AED 21,000,000 (AED 6,293 per sqft)

5V-068 has sold 4 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa 5V-068, 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 585,030

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-068 sits

All 86 5-beds →
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-068, Palma Residences in numbers

  • Sold 4 times: first on 17 November 2013 for AED 8,030,000, last on 9 December 2024 for AED 21,000,000 (AED 6,293 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 9 December 2024.

Questions about 5V-068, Palma Residences

What did villa 5V-068 last sell for?

AED 21,000,000 on 9 December 2024: AED 6,293 per sqft for 3,337 sqft. The villa has 4 registered sales; the first was AED 8,030,000 in November 2013.

How big is villa 5V-068?

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

What is villa 5V-068 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-068, Palma Residences

Starts from the last sale price (AED 21M, 9 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 21,000,000
Deposit, UAE resident (20%)
AED 4,200,000
Deposit, non-resident (40%)
AED 8,400,000
Monthly over 25 years at 3.7%
AED 85,918

Plus AED 887,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →