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ReadyHanded over

Palma Residence

by Nakheel Palm Jumeirah

About Palma Residence

Palma Residence is a residential building by Nakheel, in Palm Jumeirah, Dubai. The project comprises 105 homes.

Key information

Nakheel
Developer
Nakheel
Handover
Q1 2015
Status
Handed over
Location
Palm Jumeirah, Dubai
Master project
Palm Jumeirah
Construction started
2012
Number of buildings
Number of units
105
Registered with DLD
26 Mar 2012
Escrow bank
Mashreq Bank
Escrow account no.
496851740
DLD transfer fee
4%

Source: official Dubai Land Department project data.

Project timeline

  1. Construction started
    2012
  2. Handed over
    Q1 2015

Construction progress

31 inspection photos from the Dubai Land Department. Latest 22 Jun 2014 at 83% complete.

Palma Residence construction — photo 1
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Amenities

Physical features recorded on the Dubai Land Department buildings register.

Covered Parking
2 Floors

Sales and prices

Recorded sales from the Dubai Land Department register, not asking prices.

Recorded sales
190
Median price
AED 7.9M
Median price / sqft
AED 2K+134%
Off-plan share
0%

Price per sqft by year

+134% since 2012

AED/sqft

Recent recorded sales

DateTypeSizePricePrice / sqft
14 Oct 2025Resale4,537 sqftAED 34.0MAED 7K
06 Oct 2025Resale4,406 sqftAED 22.8MAED 5K
01 Oct 2025Resale5,631 sqftAED 21.8MAED 4K
10 Jul 2025Resale3,729 sqftAED 9.8MAED 3K
08 May 2025Resale3,663 sqftAED 20.0MAED 5K
08 May 2025Resale3,659 sqftAED 20.9MAED 6K
03 Feb 2025Resale3,679 sqftAED 23.5MAED 6K
17 Dec 2024Resale3,857 sqftAED 21.5MAED 6K

Unit mix

105 registered units, by layout and size, from the Dubai Land Department.

LayoutUnitsSize range
Unspecified1-
4 B/R18-
5 B/R86-

Payment plan

Payment plans are set by Nakheel and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.

Request the payment plan

Location

Approximate location in Palm Jumeirah, Dubai.

Palma Residence

Dubai, United Arab Emirates

Frequently asked questions

Palma Residence has already been handed over (Q1 2015), according to Dubai Land Department records.

More projects by Nakheel

Other developments by Nakheel in Dubai.

Handover Q1 201583% complete

Palma Residence

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