2-bed · 1,094 sqftPalma Residence, Dubai South Residential District · 1st floor · completed 2015

103, Palma Residence

Sold prices and rental history: sold once, by the developer in June 2026, and rented once, from February 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 16 June 2026
Last soldAED 960K16 June 2026
Current rentAED 62K /yr1 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Palma Residence

What is 103 worth today?

Last sold for AED 960,000 in 2026

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16 Jun 2026Sold by developerReady
AED 960,000AED 877 per sqft
1 Feb 2025RentedRenewal
AED 62,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 16 June 2026.

Key facts

Type
2-bed apartment
Size
1,094 sqft
Floor
1st of 4
Parking
G-05
Developer
The Palm - Jumeirah Co
Completed
2015
Last sold
AED 960K · June 2026

About 103, Palma Residence

103 is a two-bedroom apartment of 1,094 sqft on the 1st floor of Palma Residence, a 4-storey tower in Dubai South Residential District completed in 2015 by The Palm - Jumeirah Co. The developer sold it on 16 June 2026 for AED 960,000, or AED 877 per sqft.

One Ejari contract is registered, from 1 February 2025. The current contract, renewed on 1 February 2025, is AED 62,000 a year: a gross yield of 6.5% on the 2026 price.

2-beds in Palma Residence, and where 103 sits

All 1 2-beds →

Over the last 12 months two-beds sold for AED 960,000, around AED 877 per sqft.

1 2-bed sale in the last 12 months

Palma Residence

Building

13 apartments, studios to 2-bed over 4 floors in Dubai South Residential District, completed in 2015 by The Palm - Jumeirah Co. 2 sold in the last 12 months.

Typical price per sqft
AED 905
Typical sale
AED 870K
Typical rent
AED 39K /yr
Typical yield
9.7%
Palma Residence, Dubai South Residential District: prices, sales and rents →

Other units on the 1st floor

All 13 units in Palma Residence
Value
106StudioAED 380K · Jul 2025
108StudioAED 450K · Jul 2025

103, Palma Residence in numbers

  • Sold once: by The Palm - Jumeirah Co on 16 June 2026 for AED 960,000, or AED 877 per sqft.
  • Rented since February 2025 on one Ejari contract, at AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2026 price is 6.5%.
  • Two-beds in Palma Residence sold for AED 960,000–960,000 in the 12 months to November 2026; the building's median across all types is AED 905 per sqft.

Source: Dubai Land Department. Updated 16 June 2026.

Questions about 103, Palma Residence

What did unit 103 last sell for?

AED 960,000 on 16 June 2026, sold by the developer: AED 877 per sqft for 1,094 sqft. It is the only registered sale of the unit.

What is the rent for unit 103?

AED 62,000 a year on the contract renewed on 1 February 2025.

How big is unit 103?

1,094 sqft (101.6 sqm): a two-bedroom apartment on the 1st floor of a 4-storey tower completed in 2015.

What is unit 103 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Palma Residence sold for AED 960,000 to 960,000 in the last 12 months, around AED 877 per sqft.

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Mortgage on 103, Palma Residence

Starts from the last sale price (AED 960K, 16 June 2026). Switch to today's estimate once you have unlocked it.
Price
AED 960,000
Deposit, UAE resident (20%)
AED 192,000
Deposit, non-resident (40%)
AED 384,000
Monthly over 25 years at 3.7%
AED 3,928

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