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4-bed · 3,120 sqftThe Palmarosa, Riverside · completed 2021

V242, The Palmarosa

Sold prices and rental history: sold once, by the developer in May 2009, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V242 · DLD and Ejari recordsUpdated 17 May 2009
Last soldAED 4.63M17 May 2009
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V242, The Palmarosa

What is V242 worth today?

Last sold for AED 4,632,615 in 2009

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17 May 2009Sold by developerOff-plan
AED 4,632,615AED 1,484 per sqft

Source: Dubai Land Department. Updated 17 May 2009.

Key facts

Type
4-bed villa
Size
3,120 sqft
Developer
Gulf Developers
Completed
2021
Last sold
AED 4.63M · May 2009
Community
The Palmarosa

About V242, The Palmarosa

V242 is a four-bedroom villa of 3,120 sqft in The Palmarosa, a villa community in Riverside completed in 2021 by Gulf Developers. The developer sold it on 17 May 2009 for AED 4,632,615, or AED 1,484 per sqft, 7% below the AED 1,597 four-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for V242 over time

Sales
Villa V242, each saleTypical four-bed in The Palmarosa
2M4M2009201420192024Typical sale price by year: 2009 AED 3,970,542; 2012 AED 1,000,000; 2016 AED 1,152,573; 2017 AED 3,452,511; 2021 AED 2,270,801; 2023 AED 3,000,000; 2024 AED 3,000,000; 2025 AED 4,024,287Sold by developer, May 2009: AED 4,632,615 (AED 1,484 per sqft)

V242 has sold once; the dashed line is the four-bed median of each year in the community.

4-beds in The Palmarosa, and where V242 sits

All 224 4-beds →

V242 last sold in May 2009 at AED 1,484 per sqft, 7% below what four-beds in The Palmarosa were fetching at the time (AED 1,597). Over the last 12 months four-beds sold for AED 2,000,000 to 3,500,000, around AED 1,031 per sqft.

Recent 4-bed salesVilla no.Price (AED)Summary
4 Feb 20263,500,000
14 Nov 20252,000,000
15 Sep 20254,138,574
22 May 20253,910,000
2 4-bed sales in the last 12 months

The Palmarosa

Community

253 villas, 4-bed to 5-bed in Riverside, completed in 2021 by Gulf Developers. 2 sold in the last 12 months.

Typical price per sqft
AED 1,031
Typical sale
AED 2.75M
Typical rent
Few contracts
Typical yield
The Palmarosa, Riverside: prices, sales and rents →

V242, The Palmarosa in numbers

  • Sold once: by Gulf Developers on 17 May 2009 for AED 4,632,615, or AED 1,484 per sqft.
  • Four-beds in The Palmarosa sold for AED 2,000,000–3,500,000 in the 12 months to November 2026; the community's median across all types is AED 1,031 per sqft.

Source: Dubai Land Department. Updated 17 May 2009.

Questions about V242, The Palmarosa

What did villa V242 last sell for?

AED 4,632,615 on 17 May 2009, sold by the developer: AED 1,484 per sqft for 3,120 sqft. It is the only registered sale of the villa.

How big is villa V242?

3,120 sqft (289.9 sqm): a four-bedroom villa in The Palmarosa, completed in 2021.

What is villa V242 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in The Palmarosa sold for AED 2,000,000 to 3,500,000 in the last 12 months, around AED 1,031 per sqft.

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Mortgage on V242, The Palmarosa

Starts from the last sale price (AED 4.63M, 17 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 4,632,615
Deposit, UAE resident (20%)
AED 926,523
Deposit, non-resident (40%)
AED 1,853,046
Monthly over 25 years at 3.7%
AED 18,953

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →