Palma Residence
Studios to two-beds in Dubai South Residential District. 2 apartments sold in the last 12 months; every sale, rent and unit is below.
About Palma Residence
Palma Residence is an apartment building in the Dubai South Residential District of Dubai. It was completed in 2015 by The Palm - Jumeirah Co and stands four storeys high, with 13 apartments in total. Its neighbours include Kappa Acca 1 and Kappa Acca 6. The apartments range from studios to two-bedroom units, with sizes from 365 to 1,094 sqft. Several everyday amenities are within walking distance, at about 100 m. These include VIVA Supermarket, Life Medical Centre, and two education options: AURA Kids PlayCare and Eduscan Institute. DSO Park is about 200 m away.
13 apartments over 4 floors: 10 studios of 365 to 480 sqft, 2 one-beds of 732 to 838 sqft and 1 two-bed of 1,094 sqft.
2 apartments sold in the 12 months to October 2026, at a median of AED 905 per sqft. 8 rental contracts were registered over the same 12 months, at a typical AED 39,000 a year.
- Developer
- The Palm - Jumeirah Co
- Completed
- 2015
- Floors
- 4
- Units
- 13
- Unit types
- Studio to 2-bed
Average prices in Palma Residence
In Palma Residence, typical sale prices over the last 12 months were around AED 781,000 for one-beds and AED 960,000 for two-beds.
Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.
Price history in Palma Residence
Every registered sale in the last 12 months; the dashed line is the trend, grey dots are flagged outliers left out of it.
Transaction history in Palma Residence
- Completed2-bed · 1,094 sqft 16 Jun 2026AED 960,000877 /sqft
- Completed1-bed · 837 sqft 21 Jan 2026AED 780,872932 /sqft
- CompletedStudio · 480 sqft 20 Sep 2025AED 432,257900 /sqft
- CompletedStudio · 411 sqft 21 Aug 2025AED 370,741900 /sqft
- Completed1-bed · 731 sqft 11 Jul 2025AED 658,558900 /sqft
- CompletedStudio · 422 sqft 11 Jul 2025AED 390,041924 /sqft
- CompletedStudio · 364 sqft 09 Jul 2025AED 328,310900 /sqft
- CompletedStudio · 364 sqft 09 Jul 2025AED 328,310900 /sqft
- CompletedStudio · 422 sqft 08 Jul 2025AED 380,430901 /sqft
- CompletedStudio · 411 sqft 05 Jul 2025AED 370,745900 /sqft
Over the last 12 months, Palma Residence has recorded 2 apartment sales. Typical homes sold for around AED 870K (about AED 905 per sqft) with a median size of 966 sqft; most were one-beds.
Units in Palma Residence
13 units- Unit 1032-bed · 1,094 sqftSold AED 960K, Jun 2026
- Unit 106Studio · 422 sqftSold AED 380K, Jul 2025
- Unit 108Studio · 480 sqftSold AED 450K, Jul 2025
- Unit 2041-bed · 838 sqftSold AED 781K, Jan 2026
- Unit 206Studio · 412 sqftSold AED 371K, Jul 2025
- Unit 207Studio · 365 sqftSold AED 328K, Jul 2025
- Unit 209Studio · 480 sqftSold AED 432K, Sep 2025
- Unit 306Studio · 412 sqftSold AED 371K, Aug 2025
- Unit 307Studio · 423 sqftSold AED 380K, Jul 2025
- Unit 3081-bed · 732 sqftSold AED 659K, Jul 2025
Nearby buildings in Dubai South Residential District
All 3 →| Building | Completed | Sale /sqft | Rent /sqft | Yield |
|---|---|---|---|---|
| Kappa Acca 1 | 2019 | AED 1,106 | AED 86 | 7.7% |
| Kappa Acca 6 | 2019 | AED 1,065 | AED 91 | 8.6% |
Palma Residence in numbers
- Across 2 DLD sales in the 12 months to October 2026, the median price in Palma Residence was AED 905 per sqft and the typical home sold for about AED 870K.
- Completed in 2015 by The Palm - Jumeirah Co; 4 floors of studios to two-beds.
- A studio of 365 to 480 sqft rents for AED 35,000 to 41,000 a year on the 6 contracts registered in the last 12 months.
- Gross rental yield 9.7%: the median rent per sqft over the median sale price per sqft, before service charges.
Source: Dubai Land Department. Updated 25 October 2026.
Questions about Palma Residence
How much does an one-bed in Palma Residence cost?
1 one-bed sold in the 12 months to October 2026; the median was AED 780,872, or AED 932 per sqft.
How much is a studio for rent in Palma Residence?
About AED 38,000 a year: that is the median of the 6 contracts for studios registered with Ejari in the 12 months to October 2026, from AED 35,000 to 41,000.
What is the rental yield in Palma Residence?
About 9.7% gross across the building, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.
Who built Palma Residence and when?
The Palm - Jumeirah Co; completed in 2015; 4 floors; 13 apartments.
How many apartments are there in Palma Residence?
13, studios to two-beds. Each has its own page with its full sales and rental history.
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