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THE RESIDENCES SOUTH

Apartment 4 BR Nakheel

ABOVE MARKET

Total Price

5,250,000

Rate

3,312 AED/sqft

Size

1,585 sqft

Comparable sales

View area trends

Rental context

Comparable 4-bedroom apartments in Palm Jumeirah rent for a median of 681,250/yr across 12 Ejari contracts in the last two years.

Median annual rent
681,250
Sale price (this txn)
5,250,000
Implied gross yield
13.0%

Yield = median annual rent ÷ this transaction's sale price. Rent and sale data are independent — rent is from the Ejari rental-contracts feed, price is from this DLD transaction. Implied yield is gross (no service charges, agency fees, or vacancy).

Verdict logic

This transaction cleared at 3,312 AED/sqft, above market compared with the median of comparable apartment sales in Palm Jumeirah.

  • Comparable median: 3,180 AED/sqft across 6arm's-length sales weighted by location, size, beds and recency.
  • Delta vs comparable median: +4.2%.
  • Gifts and mortgages excluded.
highSale

Location context

Palm Jumeirah · Nakheel

Centroid shown — DLD parcel coordinates ship with the live data feed.

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Verify & cross-reference

Find THE RESIDENCES SOUTH on DXB Interact

DXB Interact lists every sale for the building; the search above pre-fills DLD's beds + price + year so the right building page is usually result #1. The “DLD ref” below is the transaction id from DLD's open dataset for your own records.

Building
THE RESIDENCES SOUTH, Palm Jumeirah
Sale date
29 Dec 2025
Procedure
Sell · Ready · arm's-length
DLD ref
DLD-1-11-2025-54459
DLD AED/sqm
35,654(our derived AED/sqft: 3,312)
Publishedby DLD on 20 May 2026
▸ Raw DLD record
transaction_id
dld-1-11-2025-54459
instance_date
2025-12-29
area_name_en
Palm Jumeirah
master_project_en
Palm Jumeirah
project_name_en
FAIRMONT PALM RESIDENCE
building_name_en
THE RESIDENCES SOUTH
property_type_en
Apartment
rooms
4 BR
size_sqft
1,585
actual_worth
AED 5,250,000
meter_sale_price
35,654 AED/sqm
procedure_name_en
Sell
reg_type_en
Existing Properties
property_usage_en
Residential
has_parking
yes
parties (seller / buyer)
1 / 1
nearest_landmark_en
Burj Al Arab
nearest_metro_en
Palm Jumeirah
nearest_mall_en
Marina Mall
load_timestamp
2026-05-20T13:18:43.000Z

This record is pulled directly from the Dubai Land Department's open data portal. The “DLD ref” field above is the registered DLD transaction id — use the DXB Interact lookup to cross-check; the building, area, date and price will match the public record. Heart Homes is not affiliated with the Department.DLD open-data home ↗