307, Palma Residence
Sold prices and rental history: sold once, by the developer in July 2025, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 307, Palma Residence
What is 307 worth today?
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Source: Dubai Land Department. Updated 1 November 2025.
Key facts
- Type
- Studio apartment
- Size
- 423 sqft
- Floor
- 3rd of 4
- Parking
- G-12
- Developer
- The Palm - Jumeirah Co
- Completed
- 2015
- Last sold
- AED 380K · July 2025
- Building
- Palma Residence
About 307, Palma Residence
307 is a studio of 423 sqft on the 3rd 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 4 July 2025 for AED 380,430, or AED 900 per sqft, in line with the AED 916 studios in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 1 November 2025, is AED 35,000 a year: a gross yield of 9.2% on the 2025 price.
Sales and rents for 307 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 307 sits
All 10 studios →307 last sold in July 2025 at AED 900 per sqft, in line with what studios in Palma Residence were fetching at the time (AED 916). 307'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 3rd floor
All 13 units in Palma Residence307, Palma Residence in numbers
- Sold once: by The Palm - Jumeirah Co on 4 July 2025 for AED 380,430, or AED 900 per sqft.
- Rented since November 2024 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 1 November 2025.
Questions about 307, Palma Residence
What did unit 307 last sell for?
AED 380,430 on 4 July 2025, sold by the developer: AED 900 per sqft for 423 sqft. It is the only registered sale of the unit.
What is the rent for unit 307?
AED 35,000 a year on the contract signed on 1 November 2025. The previous contract, from November 2024, was AED 35,000.
How big is unit 307?
423 sqft (39.3 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2015.
What is unit 307 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 307, Palma Residence
Starts from the last sale price (AED 380K, 4 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 →