106, Palma Residence
Sold prices and rental history: sold once, by the developer in July 2025, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 106, Palma Residence
What is 106 worth today?
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Source: Dubai Land Department. Updated 25 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 422 sqft
- Floor
- 1st of 4
- Parking
- G-18
- Developer
- The Palm - Jumeirah Co
- Completed
- 2015
- Last sold
- AED 380K · July 2025
- Building
- Palma Residence
About 106, Palma Residence
106 is a studio of 422 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 8 July 2025 for AED 380,430, or AED 900 per sqft, in line with the AED 900 studios in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 25 October 2026, is AED 35,000 a year: a gross yield of 9.2% on the 2025 price.
Sales and rents for 106 over time
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Palma Residence, and where 106 sits
All 10 studios →106 last sold in July 2025 at AED 900 per sqft, in line with what studios in Palma Residence were fetching at the time (AED 900). 106's AED 35,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Sep 202520 September 2025 | 480 sqft | 432,257 | 900 | ||
| 21 Aug 202521 August 2025 | 412 sqft | 370,741 | 900 | ||
| 11 Jul 202511 July 2025 | 422 sqft | 390,041 | 923 | ||
| 9 Jul 20259 July 2025 | 365 sqft | 328,310 | 900 |
Palma Residence
Building13 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%
Other units on the 1st floor
All 13 units in Palma Residence106, Palma Residence in numbers
- Sold once: by The Palm - Jumeirah Co on 8 July 2025 for AED 380,430, or AED 900 per sqft.
- Rented since October 2025 on 2 Ejari contracts, at AED 35,000 a year.
- At AED 35,000 a year the gross yield on the 2025 price is 9.2%.
Source: Dubai Land Department. Updated 25 October 2026.
Questions about 106, Palma Residence
What did unit 106 last sell for?
AED 380,430 on 8 July 2025, sold by the developer: AED 900 per sqft for 422 sqft. It is the only registered sale of the unit.
What is the rent for unit 106?
AED 35,000 a year on the contract signed on 25 October 2026. The previous contract, from October 2025, was AED 35,000.
How big is unit 106?
422 sqft (39.2 sqm): a studio on the 1st floor of a 4-storey tower completed in 2015.
What is unit 106 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 106, Palma Residence
Starts from the last sale price (AED 380K, 8 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 380,430
- Deposit, UAE resident (20%)
- AED 76,086
- Deposit, non-resident (40%)
- AED 152,172
- Monthly over 25 years at 3.7%
- AED 1,556
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →