{
    "entity_type": "real_estate_project",
    "name": "Palmarosa",
    "url": "https://continentalclub.ae/project/palmarosa-the-palmarosa/",
    "language": "en",
    "developer": {
        "name": "Gulf Global Group",
        "url": "https://continentalclub.ae/developers/gulf-global-group/",
        "registry_name": "Gulf Developers Fzc"
    },
    "location": {
        "community": "The Palmarosa",
        "url": "https://continentalclub.ae/location/the-palmarosa/",
        "city": "Dubai",
        "country": "AE"
    },
    "dld": {
        "project_number": "158",
        "status": "",
        "completion_percent": 97.79,
        "inspection_date": "2026-01-08",
        "escrow_bank": "Dubai Islamic Bank",
        "units_in_registry": 316,
        "inspections": [
            {
                "date": "2013-02-04",
                "completion_percent": 14.85
            },
            {
                "date": "2013-10-07",
                "completion_percent": 21.05
            },
            {
                "date": "2015-01-05",
                "completion_percent": 58.23
            },
            {
                "date": "2016-05-26",
                "completion_percent": 64.19
            },
            {
                "date": "2016-11-10",
                "completion_percent": 70.29
            },
            {
                "date": "2017-07-18",
                "completion_percent": 76.62
            },
            {
                "date": "2018-07-01",
                "completion_percent": 87.15
            },
            {
                "date": "2019-10-24",
                "completion_percent": 88.15
            },
            {
                "date": "2020-03-26",
                "completion_percent": 89.07
            },
            {
                "date": "2020-11-10",
                "completion_percent": 92.01
            },
            {
                "date": "2021-10-24",
                "completion_percent": 92.01
            },
            {
                "date": "2022-02-07",
                "completion_percent": 93.26
            },
            {
                "date": "2022-08-18",
                "completion_percent": 94.05
            },
            {
                "date": "2023-11-06",
                "completion_percent": 95.04
            },
            {
                "date": "2024-05-15",
                "completion_percent": 96.66
            },
            {
                "date": "2026-01-08",
                "completion_percent": 97.79
            }
        ],
        "pace": {
            "percent_per_month": 0.06,
            "basis_from": "2024-05-15",
            "basis_to": "2026-01-08",
            "projected_completion": "2029-04-01",
            "origin": "calculation"
        }
    },
    "commercial": {
        "starting_price_aed": 2000000,
        "price_origin": "ours",
        "currency": "AED",
        "units": 315,
        "handover": "Q4 2022",
        "handover_from": "developer",
        "handover_registry": "",
        "stage": "",
        "payment_plan": "",
        "down_payment_pct": null,
        "service_charge_aed_sqft": null
    },
    "unit_types": null,
    "dld_sales": {
        "deals": 39,
        "first_year": 2013,
        "last_year": 2026,
        "median_aed_sqm": 7616,
        "resale_share_pct": 8,
        "yoy_change_pct": null,
        "deals_last_12m": null,
        "gross_yield_pct": null,
        "bulk_registration": null,
        "by_bedrooms": [],
        "scope": "all registered sales (DLD open data), medians over the whole period"
    },
    "dld_history": {
        "scope": "all registered sales and rental contracts of this DLD project number, grouped by calendar quarter and year; medians (upper median), AED; medians shown only where a period has 3+ records",
        "generated": "2026-11-02",
        "sales": {
            "records": 39,
            "first_date": "2013-04-02",
            "last_date": "2026-10-16",
            "last_12m": {
                "n": 5,
                "median_price_aed": 2500000,
                "median_aed_sqm": 9201,
                "median_aed_sqft": 855,
                "resale_share_pct": 60
            },
            "previous_12m": {
                "n": 5,
                "median_price_aed": 3910000,
                "median_aed_sqm": 12134,
                "median_aed_sqft": 1127,
                "resale_share_pct": 0
            },
            "change_aed_sqm_last_12m_vs_previous_pct": null,
            "by_year": [
                {"period":"2013","n":1,"median_price_aed":null,"median_aed_sqm":null,"median_aed_sqft":null,"resale_share_pct":null},
                {"period":"2016","n":11,"median_price_aed":3438450,"median_aed_sqm":9286,"median_aed_sqft":863,"resale_share_pct":0},
                {"period":"2017","n":5,"median_price_aed":3455021,"median_aed_sqm":7590,"median_aed_sqft":705,"resale_share_pct":0},
                {"period":"2021","n":4,"median_price_aed":2443075,"median_aed_sqm":5560,"median_aed_sqft":517,"resale_share_pct":0},
                {"period":"2022","n":1,"median_price_aed":null,"median_aed_sqm":null,"median_aed_sqft":null,"resale_share_pct":null},
                {"period":"2023","n":4,"median_price_aed":3000000,"median_aed_sqm":6785,"median_aed_sqft":630,"resale_share_pct":0},
                {"period":"2024","n":5,"median_price_aed":3000000,"median_aed_sqm":7818,"median_aed_sqft":726,"resale_share_pct":0},
                {"period":"2025","n":4,"median_price_aed":4138574,"median_aed_sqm":7483,"median_aed_sqft":695,"resale_share_pct":0},
                {"period":"2026","n":4,"median_price_aed":2951000,"median_aed_sqm":10143,"median_aed_sqft":942,"resale_share_pct":75}
            ],
            "by_quarter": [
                {"period":"2013-Q2","n":1,"median_price_aed":null,"median_aed_sqm":null,"median_aed_sqft":null,"resale_share_pct":null},
                {"period":"2016-Q2","n":10,"median_price_aed":3438450,"median_aed_sqm":9286,"median_aed_sqft":863,"resale_share_pct":0},
                {"period":"2016-Q4","n":1,"median_price_aed":null,"median_aed_sqm":null,"median_aed_sqft":null,"resale_share_pct":null},
                {"period":"2017-Q2","n":2,"median_price_aed":null,"median_aed_sqm":null,"median_aed_sqft":null,"resale_share_pct":null},
                {"period":"2017-Q3","n":3,"median_price_aed":3450000,"median_aed_sqm":6763,"median_aed_sqft":628,"resale_share_pct":0},
                {"period":"2021-Q1","n":4,"median_price_aed":2443075,"median_aed_sqm":5560,"median_aed_sqft":517,"resale_share_pct":0},
                {"period":"2022-Q2","n":1,"median_price_aed":null,"median_aed_sqm":null,"median_aed_sqft":null,"resale_share_pct":null},
                {"period":"2023-Q3","n":1,"median_price_aed":null,"median_aed_sqm":null,"median_aed_sqft":null,"resale_share_pct":null},
                {"period":"2023-Q4","n":3,"median_price_aed":3000000,"median_aed_sqm":6025,"median_aed_sqft":560,"resale_share_pct":0},
                {"period":"2024-Q1","n":1,"median_price_aed":null,"median_aed_sqm":null,"median_aed_sqft":null,"resale_share_pct":null},
                {"period":"2024-Q2","n":1,"median_price_aed":null,"median_aed_sqm":null,"median_aed_sqft":null,"resale_share_pct":null},
                {"period":"2024-Q4","n":3,"median_price_aed":3400000,"median_aed_sqm":12134,"median_aed_sqft":1127,"resale_share_pct":0},
                {"period":"2025-Q1","n":1,"median_price_aed":null,"median_aed_sqm":null,"median_aed_sqft":null,"resale_share_pct":null},
                {"period":"2025-Q2","n":1,"median_price_aed":null,"median_aed_sqm":null,"median_aed_sqft":null,"resale_share_pct":null},
                {"period":"2025-Q3","n":1,"median_price_aed":null,"median_aed_sqm":null,"median_aed_sqft":null,"resale_share_pct":null},
                {"period":"2025-Q4","n":1,"median_price_aed":null,"median_aed_sqm":null,"median_aed_sqft":null,"resale_share_pct":null},
                {"period":"2026-Q1","n":1,"median_price_aed":null,"median_aed_sqm":null,"median_aed_sqft":null,"resale_share_pct":null},
                {"period":"2026-Q3","n":1,"median_price_aed":null,"median_aed_sqm":null,"median_aed_sqft":null,"resale_share_pct":null},
                {"period":"2026-Q4","n":2,"median_price_aed":null,"median_aed_sqm":null,"median_aed_sqft":null,"resale_share_pct":null}
            ],
            "corridor": "price per m2 between 3,000 and 200,000 AED"
        },
        "rent": {
            "records": 0,
            "first_date": null,
            "last_date": null,
            "last_12m": null,
            "previous_12m": null,
            "by_year": [],
            "by_quarter": [],
            "corridor": "annual rent per m2 between 50 and 20,000 AED"
        },
        "recent_sales": [
            {"date":"2026-11-05","type":"4 B/R","bedrooms":4,"area_sqm":309.3,"price_aed":2950000,"aed_per_sqm":9537,"market":"resale"},
            {"date":"2026-10-16","type":"4 B/R","bedrooms":4,"area_sqm":271.7,"price_aed":2500000,"aed_per_sqm":9201,"market":"resale"},
            {"date":"2026-10-15","type":"4 B/R","bedrooms":4,"area_sqm":290.9,"price_aed":2951000,"aed_per_sqm":10143,"market":"resale"},
            {"date":"2026-09-29","type":"4 B/R","bedrooms":4,"area_sqm":306.4,"price_aed":2000000,"aed_per_sqm":6528,"market":"resale"},
            {"date":"2026-02-04","type":"4 B/R","bedrooms":4,"area_sqm":323.3,"price_aed":3500000,"aed_per_sqm":10826,"market":"primary"},
            {"date":"2025-11-17","type":"","bedrooms":null,"area_sqm":343.7,"price_aed":2000000,"aed_per_sqm":5818,"market":"primary"},
            {"date":"2025-09-16","type":"","bedrooms":null,"area_sqm":296.8,"price_aed":4138574,"aed_per_sqm":13943,"market":"primary"},
            {"date":"2025-05-22","type":"","bedrooms":null,"area_sqm":588.1,"price_aed":3910000,"aed_per_sqm":6649,"market":"primary"},
            {"date":"2025-02-26","type":"","bedrooms":null,"area_sqm":735,"price_aed":5500000,"aed_per_sqm":7483,"market":"primary"},
            {"date":"2024-12-25","type":"","bedrooms":null,"area_sqm":277.8,"price_aed":3400000,"aed_per_sqm":12240,"market":"primary"},
            {"date":"2024-11-19","type":"","bedrooms":null,"area_sqm":301.6,"price_aed":3659040,"aed_per_sqm":12134,"market":"primary"},
            {"date":"2024-10-15","type":"","bedrooms":null,"area_sqm":393.9,"price_aed":2950000,"aed_per_sqm":7489,"market":"primary"},
            {"date":"2024-04-22","type":"","bedrooms":null,"area_sqm":296,"price_aed":2314049,"aed_per_sqm":7818,"market":"primary"},
            {"date":"2024-03-05","type":"","bedrooms":null,"area_sqm":453.7,"price_aed":3000000,"aed_per_sqm":6612,"market":"primary"},
            {"date":"2023-12-13","type":"","bedrooms":null,"area_sqm":665.7,"price_aed":3000000,"aed_per_sqm":4507,"market":"primary"},
            {"date":"2023-12-13","type":"","bedrooms":null,"area_sqm":393.9,"price_aed":3000000,"aed_per_sqm":7616,"market":"primary"},
            {"date":"2023-12-13","type":"","bedrooms":null,"area_sqm":498,"price_aed":3000000,"aed_per_sqm":6025,"market":"primary"},
            {"date":"2023-07-10","type":"","bedrooms":null,"area_sqm":510.1,"price_aed":3461415,"aed_per_sqm":6785,"market":"primary"},
            {"date":"2022-04-05","type":"","bedrooms":null,"area_sqm":393.9,"price_aed":3402000,"aed_per_sqm":8636,"market":"primary"},
            {"date":"2021-02-23","type":"","bedrooms":null,"area_sqm":510.1,"price_aed":2900000,"aed_per_sqm":5685,"market":"primary"}
        ],
        "recent_rents": [],
        "recent_note": "latest registered transactions, anonymised: date, type, size, price only",
        "source": "Dubai Land Department open data (sales transactions; Ejari rental contracts)"
    },
    "sources": {
        "construction": "Dubai Land Department (Mashrooi project register)",
        "handover": "Developer",
        "price": "Developer",
        "payment_plan": "Developer",
        "dld_sales": "Dubai Land Department open data (registered sales transactions)",
        "dld_history": "Dubai Land Department open data (sales transactions and Ejari rental contracts); medians computed by Continental Club Property",
        "origin_labels": "https://continentalclub.ae/methodology/#provenance"
    },
    "license": "CC BY 4.0",
    "attribution": "Continental Club Property, based on Dubai Land Department registry and developer data",
    "markdown": "https://continentalclub.ae/project/palmarosa-the-palmarosa.md",
    "updated_at": "2026-11-06",
    "translations": {
        "en": "https://continentalclub.ae/project/palmarosa-the-palmarosa/",
        "ru": "https://continentalclub.ae/ru/project/palmarosa-the-palmarosa-ru/"
    }
}