Studio · 544 sqftPalm Views East, Palm Jumeirah · 1st floor · completed 2014

114, Palm Views East

Sold prices and rental history: sold twice, last in September 2023, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 114 · DLD and Ejari recordsUpdated 18 September 2023
Last soldAED 1.28M18 September 2023
Current rentAED 65K /yr17 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 114, Palm Views East

What is 114 worth today?

Last sold for AED 1,275,000 in 2023

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18 Sep 2023SoldReady
AED 1,275,000AED 2,344 per sqft
17 Jul 2022RentedNew contract
AED 65,000/yr12 months · AED 120 per sqft
29 Jan 2020RentedNew contract
AED 58,000/yr12 months · AED 106 per sqft
15 Apr 2018RentedNew contract
AED 55,000/yr12 months · AED 100 per sqft
3 Oct 2013Sold by developerOff-plan
AED 1,050,000AED 1,930 per sqft

Source: Dubai Land Department. Updated 18 September 2023.

Key facts

Type
Studio apartment
Size
544 sqft
Floor
1st of 4
Parking
nan
Developer
The Palm - Jumeirah Co
Completed
2014
Service charge
AED 14,400 /yr
Last sold
AED 1.28M · September 2023

About 114, Palm Views East

114 is a studio of 544 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 18 September 2023 for AED 1,275,000, or AED 2,344 per sqft, 6% above the AED 2,213 studios in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 17 July 2022, is AED 65,000 a year: a gross yield of 5.1% on the 2023 price, before the service charge of about AED 14,400 a year.

Sales and rents for 114 over time

Sales
Unit 114, 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 1,930 per sqft)Sold, September 2023: AED 1,275,000 (AED 2,344 per sqft)

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

Rents
Unit 114, each contractTypical studio in Palm Views East
60K80K2016201920222025Typical 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 2018: AED 55,000 a yearNew contract, January 2020: AED 58,000 a yearNew contract, July 2022: AED 65,000 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 114 sits

All 95 studios →

114 last sold in September 2023 at AED 2,344 per sqft, 6% above what studios in Palm Views East were fetching at the time (AED 2,213). 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. 114's AED 65,000 is in the lower 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

114, Palm Views East in numbers

  • Sold twice: first on 3 October 2013 for AED 1,050,000, last on 18 September 2023 for AED 1,275,000 (AED 2,344 per sqft).
  • Rented since April 2018 on 3 Ejari contracts, from AED 55,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2023 price is 5.1%, before a service charge of about AED 14,400 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 18 September 2023.

Questions about 114, Palm Views East

What did unit 114 last sell for?

AED 1,275,000 on 18 September 2023: AED 2,344 per sqft for 544 sqft. The unit has 2 registered sales; the first was AED 1,050,000 in October 2013.

What is the rent for unit 114?

AED 65,000 a year on the contract signed on 17 July 2022. The previous contract, from January 2020, was AED 58,000; the unit has been rented since April 2018.

How big is unit 114?

544 sqft (50.5 sqm): a studio on the 1st floor of a 4-storey tower completed in 2014.

What is unit 114 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 114, Palm Views East

Starts from the last sale price (AED 1.28M, 18 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,275,000
Deposit, UAE resident (20%)
AED 255,000
Deposit, non-resident (40%)
AED 510,000
Monthly over 25 years at 3.7%
AED 5,216

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