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

5V-069, Palma Residences

Sold prices and rental history: sold 3 times, last in January 2022, and rented once, from June 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa 5V-069 · DLD and Ejari recordsUpdated 7 January 2022
Last soldAED 9.25M7 January 2022
Current rentAED 150K /yr22 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5V-069, Palma Residences

What is 5V-069 worth today?

Last sold for AED 9,250,000 in 2022

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7 Jan 2022SoldReady
AED 9,250,000AED 2,772 per sqft
22 Jun 2020RentedNew contract
AED 150,000/yr12 months · AED 45 per sqft
4 Feb 2014SoldOff-plan
AED 9,000,000AED 2,697 per sqft
15 Dec 2013Sold by developerOff-plan
AED 8,030,000AED 2,406 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 January 2022.

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 9.25M · January 2022

About 5V-069, Palma Residences

5V-069 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 7 January 2022 for AED 9,250,000, or AED 2,772 per sqft, 16% above the AED 2,397 five-beds in the community were fetching at the time.

One Ejari contract is registered, from 22 June 2020. The current contract, signed on 22 June 2020, is AED 150,000 a year: a gross yield of 1.6% on the 2022 price, before the service charge of about AED 8,100 a year.

Sales and rents for 5V-069 over time

Sales
Villa 5V-069, 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, December 2013: AED 8,030,000 (AED 2,406 per sqft)Sold, February 2014: AED 9,000,000 (AED 2,697 per sqft)Sold, January 2022: AED 9,250,000 (AED 2,772 per sqft)

5V-069 has sold 3 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa 5V-069, 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, June 2020: AED 150,000 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-069 sits

All 86 5-beds →

5V-069 last sold in January 2022 at AED 2,772 per sqft, 16% above what five-beds in Palma Residences were fetching at the time (AED 2,397). 5V-069's AED 150,000 is at the bottom 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-069, Palma Residences in numbers

  • Sold 3 times: first on 15 December 2013 for AED 8,030,000, last on 7 January 2022 for AED 9,250,000 (AED 2,772 per sqft).
  • Rented since June 2020 on one Ejari contract, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2022 price is 1.6%, 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 7 January 2022.

Questions about 5V-069, Palma Residences

What did villa 5V-069 last sell for?

AED 9,250,000 on 7 January 2022: AED 2,772 per sqft for 3,337 sqft. The villa has 3 registered sales; the first was AED 8,030,000 in December 2013.

What is the rent for villa 5V-069?

AED 150,000 a year on the contract signed on 22 June 2020.

How big is villa 5V-069?

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

What is villa 5V-069 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-069, Palma Residences

Starts from the last sale price (AED 9.25M, 7 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 9,250,000
Deposit, UAE resident (20%)
AED 1,850,000
Deposit, non-resident (40%)
AED 3,700,000
Monthly over 25 years at 3.7%
AED 37,845

Plus AED 393,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →