206, Palma Residence
Sold prices and rental history: sold once, by the developer in July 2025, and rented once, from January 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 206, Palma Residence
What is 206 worth today?
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Source: Dubai Land Department. Updated 1 January 2026.
Key facts
- Type
- Studio apartment
- Size
- 412 sqft
- Floor
- 2nd of 4
- Parking
- G-16
- Developer
- The Palm - Jumeirah Co
- Completed
- 2015
- Last sold
- AED 371K · July 2025
- Building
- Palma Residence
About 206, Palma Residence
206 is a studio of 412 sqft on the 2nd 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 5 July 2025 for AED 370,745, or AED 900 per sqft, in line with the AED 908 studios in the building were fetching at the time.
One Ejari contract is registered, from 1 January 2026. The current contract, signed on 1 January 2026, is AED 38,000 a year: a gross yield of 10.3% on the 2025 price.
Sales and rents for 206 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 206 sits
All 10 studios →206 last sold in July 2025 at AED 900 per sqft, in line with what studios in Palma Residence were fetching at the time (AED 908). 206's AED 38,000 is in the upper half 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 2nd floor
All 13 units in Palma Residence206, Palma Residence in numbers
- Sold once: by The Palm - Jumeirah Co on 5 July 2025 for AED 370,745, or AED 900 per sqft.
- Rented since January 2026 on one Ejari contract, at AED 38,000 a year.
- At AED 38,000 a year the gross yield on the 2025 price is 10.3%.
Source: Dubai Land Department. Updated 1 January 2026.
Questions about 206, Palma Residence
What did unit 206 last sell for?
AED 370,745 on 5 July 2025, sold by the developer: AED 900 per sqft for 412 sqft. It is the only registered sale of the unit.
What is the rent for unit 206?
AED 38,000 a year on the contract signed on 1 January 2026.
How big is unit 206?
412 sqft (38.3 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2015.
What is unit 206 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 206, Palma Residence
Starts from the last sale price (AED 371K, 5 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 370,745
- Deposit, UAE resident (20%)
- AED 74,149
- Deposit, non-resident (40%)
- AED 148,298
- Monthly over 25 years at 3.7%
- AED 1,517
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →