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Ready building · Nakheel

Palma Residences, Dubai South

Highlights

Palma Residences at a glance

About Palma Residences

Palma Residences is a residential building in Dubai South, Dubai, developed by Nakheel. It holds about 43 units: studios, 1-bedroom apartments, 2-bedroom apartments.

The building was completed in 2015 and has been in use for about 11 years. 2 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 900 per sq ft.

In a nutshell

  • A residential ready building
  • Located in Dubai South, Dubai
  • Developed by Nakheel
  • Completed in Q2 2015
  • Unit types: Studio, 1 Bed, 2 Beds
  • Sizes from 360 to 1,210 sq ft
  • Nakheel metro station 2.9 km away
الحالة
جاهز
المطور
Nakheel
الموقع
Dubai South, Dubai
مكتمل
Q2 2015
أنواع الوحدات
Studio, 1 Bed, 2 Beds
Prices from
AED 328.0K
متوسط السعر لكل sq ft
AED 900
Median gross yield
9.2%
Nearest metro
Palm Jumeirah, 1.7 km

Building details

Inside Palma Residences

Properties in Palma Residences

Studios in Palma Residences

There are about 11 of these in Palma Residences, from 360 to 480 sq ft. None has sold recently enough to quote a price.

1-bedroom apartments in Palma Residences

There are about 11 of these in Palma Residences, from 730 to 940 sq ft. They have recently sold for a median of AED 781.0K, or AED 930 per sq ft.

2-bedroom apartments in Palma Residences

There are about 21 of these in Palma Residences, from 1,090 to 1,210 sq ft. They have recently sold for a median of AED 960.0K, or AED 880 per sq ft.

Unit types in Palma Residences with sizes, median prices and rents
نوع الوحدةالوحداتالمساحةالسعر الوسيطMedian rent
استوديو11360 sqft33.4 sqmt – 480 sqft44.6 sqmtلا توجد مبيعات حديثةAED 35K
1 Bed11730 sqft67.8 sqmt – 940 sqft87.3 sqmtAED 781K–
2 Beds211,090 sqft101.3 sqmt – 1,210 sqft112.4 sqmtAED 960KAED 58K

Recent transactions in Palma Residences

  • Palma Residences

    دبي الجنوب

    AED 960K

    AED 878 /sqftAED 9,451 /sqmt

    جاهزشقة
    1,094 sqft101.6 sqmt2 Bedsالمطور16 Jun 2026
  • Palma Residences

    دبي الجنوب

    AED 780.9K

    AED 932 /sqftAED 10,032 /sqmt

    جاهزشقة
    838 sqft77.9 sqmt1 Bedالمطور21 Jan 2026
  • Palma Residences

    دبي الجنوب

    AED 432.3K

    AED 901 /sqftAED 9,698 /sqmt

    جاهزشقة
    480 sqft44.6 sqmtاستوديوالمطور20 Sept 2025
  • Palma Residences

    دبي الجنوب

    AED 370.7K

    AED 900 /sqftAED 9,688 /sqmt

    جاهزشقة
    412 sqft38.3 sqmtاستوديوالمطور21 Aug 2025
  • Palma Residences

    دبي الجنوب

    AED 390K

    AED 924 /sqftAED 9,946 /sqmt

    جاهزشقة
    422 sqft39.2 sqmtاستوديوالمطور11 Jul 2025
  • Palma Residences

    دبي الجنوب

    AED 658.6K

    AED 900 /sqftAED 9,688 /sqmt

    جاهزشقة
    732 sqft68 sqmt1 Bedالمطور11 Jul 2025
  • Palma Residences

    دبي الجنوب

    AED 328.3K

    AED 899 /sqftAED 9,677 /sqmt

    جاهزشقة
    365 sqft33.9 sqmtاستوديوالمطور9 Jul 2025
  • Palma Residences

    دبي الجنوب

    AED 328.3K

    AED 899 /sqftAED 9,677 /sqmt

    جاهزشقة
    365 sqft33.9 sqmtاستوديوالمطور9 Jul 2025
  • Palma Residences

    دبي الجنوب

    AED 380.4K

    AED 901 /sqftAED 9,698 /sqmt

    جاهزشقة
    422 sqft39.2 sqmtاستوديوالمطور8 Jul 2025
  • Palma Residences

    دبي الجنوب

    AED 370.7K

    AED 900 /sqftAED 9,688 /sqmt

    جاهزشقة
    412 sqft38.3 sqmtاستوديوالمطور5 Jul 2025
  • Palma Residences

    دبي الجنوب

    AED 380.4K

    AED 899 /sqftAED 9,677 /sqmt

    جاهزشقة
    423 sqft39.3 sqmtاستوديوالمطور4 Jul 2025
  • Palma Residences

    دبي الجنوب

    AED 440K

    AED 917 /sqftAED 9,871 /sqmt

    جاهزشقة
    480 sqft44.6 sqmtاستوديوالمطور2 Jul 2025
  • Palma Residences

    دبي الجنوب

    AED 450K

    AED 938 /sqftAED 10,097 /sqmt

    جاهزشقة
    480 sqft44.6 sqmtاستوديوالمطور1 Jul 2025
  • Palma Residences

    دبي الجنوب

    AED 58K/yr

    شقةتجديد
    1,145 sqft106.4 sqmt2 Bedsإلى
  • Palma Residences

    دبي الجنوب

    AED 35K/yr

    شقةعقد جديد
    422 sqft39.2 sqmtاستوديوإلى

Every sale in Palma ResidencesEvery rent contract in Palma Residences

متاح الآن

Properties for sale and rent in Palma Residences

Units in Palma Residences listed with fäm right now. Each listing has its own photos, price and the broker handling it.

Nearby amenities

Around Palma Residences

Transportation near Palma Residences

The nearest Dubai Metro station from Palma Residences is Nakheel (red line, 2.9 km, about 8 min drive), then Dubai Internet City (red line, 2.9 km, about 8 min drive). Stations planned on new lines nearby include Palm Jumeirah (orange line, 1.7 km, about 5 min drive) and Knowledge Village (orange line, 1.7 km, about 5 min drive). Most residents will drive or take a taxi to the metro.

  • نخلة جميراOrange line · 1.7 km · about 5 min drive
  • Knowledge VillageOrange line · 1.7 km · about 5 min drive
  • Al SufuohOrange line · 1.9 km · about 6 min drive
  • Media CityOrange line · 2.1 km · about 6 min drive
  • Mina SeyahiOrange line · 2.5 km · about 7 min drive
  • NakheelRed line · 2.9 km · about 8 min drive

Shopping and groceries near Palma Residences

The closest is Limited retail along Shoreline Apartments, 0.4 km from Palma Residences (about 5 min walk).

  • Limited retail along Shoreline ApartmentsShopping Mall · 0.4 km · about 5 min walk
  • Spinneys / Emaar Towers, Dubai MarinaSupermarket · 3 km · about 8 min drive
  • The PointeShopping Mall · 3 km · about 8 min drive
  • Marina WalkShopping Mall · 3.1 km · about 8 min drive
  • Al Maya / Bahar 6, Jumeirah Beach ResidenceSupermarket · 4.1 km · about 10 min drive

Restaurants and hotels near Palma Residences

The closest is The Residences, Palm Jumeirah, 0.7 km from Palma Residences (about 8 min walk).

  • The Residences, Palm JumeirahHotel · 0.7 km · about 8 min walk
  • Oceana, The Palm JumeirahHotel · 0.7 km · about 8 min walk
  • Marina View Deluxe Hotel ApartmentHotel · 1.1 km · about 13 min walk
  • Lotus Hotel Apartments & Spa - MarinaHotel · 1.2 km · about 14 min walk
  • One&Only Royal MirageHotel · 1.7 km · about 5 min drive

Hospitals and clinics near Palma Residences

The closest is Mediclinic - Al Sufouh, 1.9 km from Palma Residences (about 6 min drive).

  • Mediclinic - Al SufouhHospital · 1.9 km · about 6 min drive
  • Cosmesurge & Emirates HospitalHospital · 3.1 km · about 8 min drive
  • Dr Marc Mueller VIP ClinicHospital · 3.1 km · about 8 min drive
  • Saudi German HospitalHospital · 4.1 km · about 10 min drive
  • Armada Medical CentreHospital · 4.2 km · about 10 min drive

Parks and leisure near Palma Residences

The closest is JBR Beach, 4.2 km from Palma Residences (about 10 min drive).

  • JBR BeachPark · 4.2 km · about 10 min drive

Schools near Palma Residences

The nearest is Icademy Middle East Fz.Llc, 1.8 km away. Ratings are the KHDA's latest inspection grades.

  • Icademy Middle East Fz.LlcAmerican · KHDA: Not inspected yet · 1.8 km
  • Dubai CollegeUK · KHDA: Outstanding · 2.2 km
  • The International School of ChoueifatSABIS (UK/US) · KHDA: Acceptable · 2.5 km
  • GEMS Dubai American Academy - Dubai BranchAmerican - International Baccalaureate · KHDA: Outstanding · 3.5 km
  • GEMS Wellington International School - Dubai BranchUK - UK/IB - International Baccalaureate (1 · KHDA: Outstanding · 3.6 km
  • American School DubaiAmerican · KHDA: Good · 3.8 km

Things to consider about Palma Residences

In its favour

  • A median gross yield of 9.2% on recent sales.
  • Ready to move into or let, with no construction risk.
  • Several schools within 3 km.

Worth checking

  • Few sales each year, so a resale can take longer and prices move on a handful of deals.
  • The nearest running metro station is 2.9 km away, so a car helps.

Specialists

Brokers who know Palma Residences

These brokers handle sales and lettings in Palma Residences and can tell you what is available now.

الأسئلة الشائعة

Palma Residences: questions answered

Palma Residences was developed by Nakheel in Dubai South.

Palma Residences is completed in Q2 2015.

Across its 13 most recent registered sales, Palma Residences sold for a median of AED 900 per sq ft and AED 390.0K per unit.

Recent yearly contracts in Palma Residences have a median rent of AED 46.5K.

The median gross yield on recently sold units in Palma Residences is 9.2%: the rent the unit earned over its purchase price, before costs.

Palma Residences has Studio (360 to 480 sq ft), 1 Bed (730 to 940 sq ft), 2 Beds (1,090 to 1,210 sq ft).

Palm Jumeirah is about 1.7 km from Palma Residences.

The nearest schools include Icademy Middle East Fz.Llc (1.8 km), Dubai College (2.2 km), The International School of Choueifat (2.5 km).

Buying, selling or renting in Palma Residences?

A broker who works Dubai South will tell you what is available and what comparable homes went for.

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