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

5V-075, Palma Residences

Sold prices and rental history: sold twice, last in March 2017, and rented once, from November 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa 5V-075 · DLD and Ejari recordsUpdated 1 November 2020
Last soldAED 8.15M12 March 2017
Current rentAED 400K /yr1 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5V-075, Palma Residences

What is 5V-075 worth today?

Last sold for AED 8,150,000 in 2017

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1 Nov 2020RentedNew contract
AED 400,000/yr12 months · AED 120 per sqft
12 Mar 2017SoldReady
AED 8,150,000AED 2,442 per sqft
26 May 2014Sold by developerOff-plan
AED 8,030,000AED 2,406 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2020.

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 8.15M · March 2017

About 5V-075, Palma Residences

5V-075 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 12 March 2017 for AED 8,150,000, or AED 2,442 per sqft, in line with the AED 2,442 five-beds in the community were fetching at the time.

One Ejari contract is registered, from 1 November 2020. The current contract, signed on 1 November 2020, is AED 400,000 a year: a gross yield of 4.9% on the 2017 price, before the service charge of about AED 8,100 a year.

Sales and rents for 5V-075 over time

Sales
Villa 5V-075, 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, May 2014: AED 8,030,000 (AED 2,406 per sqft)Sold, March 2017: AED 8,150,000 (AED 2,442 per sqft)

5V-075 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa 5V-075, 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, November 2020: AED 400,000 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-075 sits

All 86 5-beds →

5V-075 last sold in March 2017 at AED 2,442 per sqft, in line with what five-beds in Palma Residences were fetching at the time (AED 2,442). 5V-075's AED 400,000 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-075, Palma Residences in numbers

  • Sold twice: first on 26 May 2014 for AED 8,030,000, last on 12 March 2017 for AED 8,150,000 (AED 2,442 per sqft).
  • Rented since November 2020 on one Ejari contract, at AED 400,000 a year.
  • At AED 400,000 a year the gross yield on the 2017 price is 4.9%, 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 1 November 2020.

Questions about 5V-075, Palma Residences

What did villa 5V-075 last sell for?

AED 8,150,000 on 12 March 2017: AED 2,442 per sqft for 3,337 sqft. The villa has 2 registered sales; the first was AED 8,030,000 in May 2014.

What is the rent for villa 5V-075?

AED 400,000 a year on the contract signed on 1 November 2020.

How big is villa 5V-075?

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

What is villa 5V-075 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-075, Palma Residences

Starts from the last sale price (AED 8.15M, 12 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 8,150,000
Deposit, UAE resident (20%)
AED 1,630,000
Deposit, non-resident (40%)
AED 3,260,000
Monthly over 25 years at 3.7%
AED 33,344

Plus AED 347,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →