The braneworld model proposed by Dvali, Gabadadze and Porrati (DGP) leads to an accelerated universe without cosmological constant or other form of dark energy for the positive branch $(epsilon =+1)$. For the negative branch $(epsilon =-1)$ we have investigated the behavior of a model with an holographic Ricci-like dark energy and dark matter, where the IR cutoff takes the form $alpha H^2 + beta dot{H}$, being $H$ the Hubble parameter and $alpha$, $beta$ positive constants of the model. We perform an analytical study of the model in the late-time dark energy dominated epoch, where we obtain a solution for $r_cH(z)$, where $r_c$ is the leakage scale of gravity into the bulk, and conditions for the negative branch on the holographic parameters $alpha$ and $beta$, in order to hold the conditions of weak energy and accelerated universe. On the other hand, we compare the model versus the late-time cosmological data using the latest type Ia supernova sample of the Joint Light-curve Analysis (JLA), in order to constraint the holographic parameters in the negative branch, as well as $r_cH_0$ in the positive branch, where $H_0$ is the Hubble constant. We find that the model has a good fit to the data and that the most likely values for $(r_cH_0, alpha, beta)$ lie in the permitted region found from an analytical solution in a dark energy dominated universe. We give a justification to use holographic cut-off in 4D for the dark energy in the 5 dimensional DGP model. Finally, using the Bayesian Information Criterion we find that this model it is disfavored compared with the flat $Lambda$CDM model.