Palma Residences
by Nakheel · 📍 Palm Jumeirah
Palma Residences is a project by Nakheel in Palm Jumeirah, Dubai. The Dubai Land Department project register lists completion for May 2015. It was 83% built at the official RERA site inspection of 22 June 2014.
About the project
Villa community on Palm Jumeirah.
Construction progress
Finished100% complete at the latest RERA site inspection on 22 Jun 2014; completed 5 May 2015.
| Inspection | Complete | Photos |
|---|---|---|
| 22 Jun 2014 | 82.75% | 10 |
| 15 Jan 2014 | 45.1% | 6 |
| 1 Jul 2013 | 23.2% | 15 |
Official RERA site-inspection records for registered project #1314, updated daily. Tap a photo for the full-size original.
How it compares in Palm Jumeirah
50 other off-plan projects in Palm Jumeirah · average entry price AED 12.42M
.webp)
Palma Residences: questions and answers
When is the handover of Palma Residences?
The Dubai Land Department project register lists the completion date of Palma Residences as May 2015.
How much of Palma Residences is built?
Palma Residences was 83% complete at the official RERA site inspection of 22 June 2014.
Is Palma Residences registered with the Dubai Land Department?
Yes. Palma Residences is registered with the Dubai Land Department as project number 1314, and its escrow account is held at Mashreq Bank Psc. By law, buyers' payments for an off-plan home in Dubai go into the project's escrow account.
Who is the developer of Palma Residences?
Palma Residences is developed by Nakheel. The Dubai Land Department project register lists 95 projects for Nakheel: 56 delivered and 36 under construction.
Where is Palma Residences located?
Palma Residences is in Palm Jumeirah, Dubai.
What unit types does Palma Residences offer?
The project has 105 units in the Dubai Land Department project register.
What is the average price per sqft in Palm Jumeirah?
Villas and townhouses in Palm Jumeirah sell for about AED 4,006/sqft (AED 43,120/m²), based on 474 registered sales since 2023.
What rental yield can I expect in Palm Jumeirah?
Villas and townhouses in Palm Jumeirah yield about 3.1% gross, or about 2.8% net after service charges, based on 1,345 registered rent contracts and 474 sales since 2023.
What are the service charges in Palm Jumeirah?
Service charges for villas and townhouses in Palm Jumeirah are about AED 11.67/sqft (AED 126/m²) a year, per an independent third-party source. The exact rate depends on the building, so confirm it with the developer before buying.
Explore more
More off-plan projects by Nakheel
✦ Want the full picture on Palma Residences?
This page shows what we collected. Ask the AI to compare it against other projects, run the rental ROI and mortgage numbers, or check how its area is performing on real DLD sales.
Source: developer’s official website. Prices are "starting from" figures where published. Always verify with the developer before transacting. Project details last checked on 14 Jun 2026.