308, 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 308, Palma Residence
What is 308 worth today?
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Source: Dubai Land Department. Updated 20 June 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 732 sqft
- Floor
- 3rd of 4
- Parking
- G-24
- Developer
- The Palm - Jumeirah Co
- Completed
- 2015
- Last sold
- AED 659K · July 2025
- Building
- Palma Residence
About 308, Palma Residence
308 is a one-bedroom apartment of 732 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 11 July 2025 for AED 658,558, or AED 900 per sqft.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 20 June 2026, is AED 50,000 a year: a gross yield of 7.6% on the 2025 price.
1-beds in Palma Residence, and where 308 sits
All 2 1-beds →Over the last 12 months one-beds sold for AED 780,872, around AED 932 per sqft, and rent for AED 50,000 to 55,000 a year.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Jan 202621 January 2026 | 838 sqft | 780,872 | 932 |
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 Residence308, Palma Residence in numbers
- Sold once: by The Palm - Jumeirah Co on 11 July 2025 for AED 658,558, or AED 900 per sqft.
- Rented since September 2025 on 2 Ejari contracts, at AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2025 price is 7.6%.
- One-beds in Palma Residence sold for AED 780,872–780,872 in the 12 months to November 2026; the building's median across all types is AED 905 per sqft.
Source: Dubai Land Department. Updated 20 June 2026.
Questions about 308, Palma Residence
What did unit 308 last sell for?
AED 658,558 on 11 July 2025, sold by the developer: AED 900 per sqft for 732 sqft. It is the only registered sale of the unit.
What is the rent for unit 308?
AED 50,000 a year on the contract signed on 20 June 2026. The previous contract, from September 2025, was AED 50,000.
How big is unit 308?
732 sqft (68.0 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2015.
What is unit 308 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Palma Residence sold for AED 780,872 to 780,872 in the last 12 months, around AED 932 per sqft.
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Mortgage on 308, Palma Residence
Starts from the last sale price (AED 659K, 11 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 658,558
- Deposit, UAE resident (20%)
- AED 131,712
- Deposit, non-resident (40%)
- AED 263,423
- Monthly over 25 years at 3.7%
- AED 2,694
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →