Palma Residence

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by Nakheel
Construction progress: 100% (As of Jun-2014)
Start: Mar, 2012 Completion: May, 2015

Palma Residence Price Ranges by Unit Size, Compared to Area Prices

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

Sold properties

Palma Residence Real Estate Data – FAQ

  • What is the current property supply in Palma Residence?

    Palma Residence has a total residential supply of approximately 21 units. This represents completed and available inventory within the area.

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  • How active is the real estate market in Palma Residence?

    There are currently no recorded property transactions in Palma Residence over the last 12 months. Market activity has yet to be established based on available transaction records.

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  • What is the average price /sqft in Palma Residence?

    The median transaction price per square foot in Palma Residence is currently unavailable due to insufficient recorded sales transaction data.

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  • What rental yield can investors expect in Palma Residence?

    The gross rental yield in Palma Residence is approximately 5.0%, calculated using median rental income divided by median sale prices for comparable properties.

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  • How much have property prices increased in Palma Residence?

    Capital appreciation data for Palma Residence is currently unavailable, as sufficient historical transaction data is not yet available for a reliable year-over-year comparison.

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  • How many off-plan projects are currently in Palma Residence?

    There are currently no active off-plan projects recorded in Palma Residence. The area has no active development projects reflected in the available data.

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  • What is the future supply pipeline in Palma Residence?

    There are currently no off-plan residential units recorded in the development pipeline for Palma Residence. Future supply may emerge as new residential projects are announced or registered.

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  • Is Palma Residence a good area for property investment?

    Palma Residence is an area where investment potential should be assessed based on available market activity, current residential supply, and future development plans. Rental yield or capital appreciation data is currently unavailable, so investors should carefully evaluate market conditions before making investment decisions.

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  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

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  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

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  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In Palma Residence, this is 5.0%, indicating relatively strong income performance compared to global markets.

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