Studio · 543 sqftPalm Views East, Palm Jumeirah · 1st floor · completed 2014

115, Palm Views East

Sold prices and rental history: sold 3 times, last in December 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 115 · DLD and Ejari recordsUpdated 6 December 2024
Last soldAED 1.44M6 December 2024
Current rentAED 53K /yr3 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 115, Palm Views East

What is 115 worth today?

Last sold for AED 1,440,000 in 2024

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6 Dec 2024SoldReady
AED 1,440,000AED 2,652 per sqft
24 Jan 2023SoldReady
AED 1,150,000AED 2,118 per sqft
3 Nov 2021RentedNew contract
AED 52,500/yr12 months · AED 97 per sqft
3 Nov 2020RentedNew contract
AED 48,000/yr12 months · AED 89 per sqft
29 Jul 2018RentedNew contract
AED 60,000/yr12 months · AED 111 per sqft
11 Apr 2017RentedNew contract
AED 80,000/yr12 months · AED 149 per sqft
3 Oct 2013Sold by developerOff-plan
AED 1,050,000AED 1,934 per sqft

Source: Dubai Land Department. Updated 6 December 2024.

Key facts

Type
Studio apartment
Size
543 sqft
Floor
1st of 4
Parking
nan
Developer
The Palm - Jumeirah Co
Completed
2014
Service charge
AED 14,400 /yr
Last sold
AED 1.44M · December 2024

About 115, Palm Views East

115 is a studio of 543 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 6 December 2024 for AED 1,440,000, or AED 2,652 per sqft, 5% above the AED 2,532 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 3 November 2021, is AED 52,500 a year: a gross yield of 3.6% on the 2024 price, before the service charge of about AED 14,400 a year.

Sales and rents for 115 over time

Sales
Unit 115, 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 1,934 per sqft)Sold, January 2023: AED 1,150,000 (AED 2,118 per sqft)Sold, December 2024: AED 1,440,000 (AED 2,652 per sqft)

115 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 115, 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 2017: AED 80,000 a yearNew contract, July 2018: AED 60,000 a yearNew contract, November 2020: AED 48,000 a yearNew contract, November 2021: AED 52,500 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 115 sits

All 95 studios →

115 last sold in December 2024 at AED 2,652 per sqft, 5% above what studios in Palm Views East were fetching at the time (AED 2,532). 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. 115's AED 52,500 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

115, Palm Views East in numbers

  • Sold 3 times: first on 3 October 2013 for AED 1,050,000, last on 6 December 2024 for AED 1,440,000 (AED 2,652 per sqft).
  • Rented since April 2017 on 4 Ejari contracts, from AED 80,000 to AED 52,500 a year.
  • At AED 52,500 a year the gross yield on the 2024 price is 3.6%, 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 6 December 2024.

Questions about 115, Palm Views East

What did unit 115 last sell for?

AED 1,440,000 on 6 December 2024: AED 2,652 per sqft for 543 sqft. The unit has 3 registered sales; the first was AED 1,050,000 in October 2013.

What is the rent for unit 115?

AED 52,500 a year on the contract signed on 3 November 2021. The previous contract, from November 2020, was AED 48,000; the unit has been rented since April 2017.

How big is unit 115?

543 sqft (50.4 sqm): a studio on the 1st floor of a 4-storey tower completed in 2014.

What is unit 115 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 115, Palm Views East

Starts from the last sale price (AED 1.44M, 6 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,440,000
Deposit, UAE resident (20%)
AED 288,000
Deposit, non-resident (40%)
AED 576,000
Monthly over 25 years at 3.7%
AED 5,891

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