Dubai South — new off-plan project
Dubai South· Dubai

Palma Residences

DLD data as of 16 Aug 2026 · Last deal: 21 Jan 2026

Pictured: Hatimi Residences· new project in the area
Direct DLD data

This building's market

Price benchmark (12 mo)
AED 612K
+61.4% year-on-year
Implied annual rent
Gross payback
Price per ft² (12 mo)
AED 859
-5.4% year-on-year
Deals in 12 mo
3
13 in 24 mo· -70.0%
Estimated gross yield
Dynamics — what changed

Last 12 months vs the previous 12 (DLD registered deals, not a forecast).

Price benchmark (12 mo)
Prev. 12 mo
AED 379K
Last 12 mo
AED 612K
+61.4% · prices grew roughly 1.5× year-on-year
Price per ft² (12 mo)
Prev. 12 mo
AED 908
Last 12 mo
AED 859
-5.4% year-on-year
Monthly activity
2025-072026-01
DLD registration historyMonthly aggregates of registered sales, not listing prices.
Month
2026-01
Deals
2
Price benchmark
AED 702K
per ft²
AED 838
Month
2025-09
Deals
1
Price benchmark
AED 432K
per ft²
AED 900
Month
2025-08
Deals
1
Price benchmark
AED 371K
per ft²
AED 900
Month
2025-07
Deals
9
Price benchmark
AED 380K
per ft²
AED 909
By unit type (24 mo)
TypeDealsPrice benchmarkper ft²
Studio10AED 385K908
1BR3AED 688K859

Other buildings in the area with data

Fresh off-plan

Fresh off-plan nearby

New projects in the area — developer renders

Get a shortlistPhoto: developer render, area illustration — not an exact view of this building.

Source: Dubai Land Department (DLD). Price is a deal-count-weighted average of monthly transaction medians. Implied rent = price × gross yield; payback = 100 ÷ yield. These are gross benchmarks before service charges, vacancy, maintenance and financing; not an offer or unit valuation.

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