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Studio · 549 sqftPalm Views East, Palm Jumeirah · 1st floor · completed 2014

109, Palm Views East

Sold prices and rental history: sold twice, last in September 2018, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 109 · DLD and Ejari recordsUpdated 5 March 2025
Last soldAED 950K12 September 2018
Current rentAED 85K /yr5 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 109, Palm Views East

What is 109 worth today?

Last sold for AED 950,000 in 2018

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5 Mar 2025RentedNew contract
AED 85,000/yr12 months · AED 155 per sqft
13 Nov 2024RentedNew contract
AED 80,000/yr12 months · AED 146 per sqft
11 Oct 2023RentedRenewal
AED 50,600/yr12 months · AED 92 per sqft
11 Oct 2022RentedRenewal
AED 44,000/yr12 months · AED 80 per sqft
11 Oct 2021RentedRenewal
AED 44,000/yr12 months · AED 80 per sqft
11 Oct 2020RentedNew contract
AED 42,000/yr12 months · AED 77 per sqft
31 Jan 2020RentedRenewal
AED 62,500/yr12 months · AED 114 per sqft
31 Jan 2019RentedNew contract
AED 62,500/yr12 months · AED 114 per sqft

Source: Dubai Land Department. Updated 5 March 2025.

Key facts

Type
Studio apartment
Size
549 sqft
Floor
1st of 4
Parking
nan
Developer
The Palm - Jumeirah Co
Completed
2014
Service charge
AED 14,500 /yr
Last sold
AED 950K · September 2018
Building
Palm Views East

About 109, Palm Views East

109 is a studio of 549 sqft on the 1st floor of Palm Views East, a 4-storey tower in Palm Jumeirah completed in 2014 by The Palm - Jumeirah Co. It last sold on 12 September 2018 for AED 950,000, or AED 1,730 per sqft, 5% above the AED 1,650 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, signed on 5 March 2025, is AED 85,000 a year: a gross yield of 8.9% on the 2018 price, before the service charge of about AED 14,500 a year.

Sales and rents for 109 over time

Sales
Unit 109, each saleTypical studio in Palm Views East
1M1.5M2013201720212025Typical sale price by year: 2013 AED 1,050,000; 2014 AED 1,050,000; 2015 AED 1,050,000; 2016 AED 1,100,000; 2017 AED 1,102,500; 2018 AED 900,000; 2019 AED 750,000; 2021 AED 930,000; 2022 AED 1,150,000; 2023 AED 1,200,000; 2024 AED 1,390,000; 2025 AED 1,500,000; 2026 AED 1,535,000Sold by developer, October 2013: AED 1,050,000 (AED 1,912 per sqft)Sold, September 2018: AED 950,000 (AED 1,730 per sqft)

109 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 109, each contractTypical studio in Palm Views East
50K75K2016201920222025Typical rent by year: 2016 AED 78,500; 2017 AED 79,000; 2018 AED 70,000; 2019 AED 65,000; 2020 AED 53,500; 2021 AED 55,000; 2022 AED 65,000; 2023 AED 80,000; 2024 AED 85,000; 2025 AED 87,000; 2026 AED 80,000New contract, April 2017: AED 80,000 a yearNew contract, January 2019: AED 62,500 a yearRenewal, January 2020: AED 62,500 a yearNew contract, October 2020: AED 42,000 a yearRenewal, October 2021: AED 44,000 a yearRenewal, October 2022: AED 44,000 a yearRenewal, October 2023: AED 50,600 a yearNew contract, November 2024: AED 80,000 a yearNew contract, March 2025: AED 85,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Palm Views East, and where 109 sits

All 95 studios →

109 last sold in September 2018 at AED 1,730 per sqft, 5% above what studios in Palm Views East were fetching at the time (AED 1,650). Over the last 12 months studios sold for AED 154,830 to 1,600,000, around AED 2,764 per sqft, and rent for AED 35,000 to 120,000 a year. 109's AED 85,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
28 Sep 20261,535,000
12 Aug 20261,600,000
14 Apr 20261,540,000
24 Feb 20261,550,000
9 studio sales in the last 12 months

Palm Views East

Building

95 apartments, studios over 4 floors in Palm Jumeirah, completed in 2014 by The Palm - Jumeirah Co. 9 sold in the last 12 months.

Typical price per sqft
AED 2,764
Typical sale
AED 1.52M
Typical rent
AED 85K /yr
Typical yield
5.6%
Palm Views East, Palm Jumeirah: prices, sales and rents →

Other units on the 1st floor

All 95 units in Palm Views East
Value
101StudioAED 1.1M · Sep 2015
102StudioAED 1.05M · Apr 2015
103StudioAED 1.08M · Aug 2022
104StudioAED 610K · Oct 2020
105StudioAED 1.44M · Dec 2024
106StudioAED 1.42M · Jan 2015
107StudioAED 1.2M · Mar 2023
1–7 of 22

109, Palm Views East in numbers

  • Sold twice: first on 3 October 2013 for AED 1,050,000, last on 12 September 2018 for AED 950,000 (AED 1,730 per sqft).
  • Rented since April 2017 on 9 Ejari contracts. The rent fell from AED 80,000 to AED 42,000 in 2020 and recovered to AED 85,000 by March 2025.
  • At AED 85,000 a year the gross yield on the 2018 price is 8.9%, before a service charge of about AED 14,500 a year (AED 26.44 per sqft).
  • Studios in Palm Views East sold for AED 154,830–1,600,000 in the 12 months to November 2026; the building's median across all types is AED 2,764 per sqft.

Source: Dubai Land Department. Updated 5 March 2025.

Questions about 109, Palm Views East

What did unit 109 last sell for?

AED 950,000 on 12 September 2018: AED 1,730 per sqft for 549 sqft. The unit has 2 registered sales; the first was AED 1,050,000 in October 2013.

What is the rent for unit 109?

AED 85,000 a year on the contract signed on 5 March 2025. The previous contract, from November 2024, was AED 80,000; the unit has been rented since April 2017.

How big is unit 109?

549 sqft (51.0 sqm): a studio on the 1st floor of a 4-storey tower completed in 2014.

What is unit 109 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Palm Views East sold for AED 154,830 to 1,600,000 in the last 12 months, around AED 2,764 per sqft.

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Mortgage on 109, Palm Views East

Starts from the last sale price (AED 950K, 12 September 2018). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →