116, 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.
Property timeline for 116, Palm Views East
What is 116 worth today?
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Source: Dubai Land Department. Updated 4 December 2024.
Key facts
- Type
- Studio apartment
- Size
- 548 sqft
- Floor
- 1st of 4
- Parking
- nan
- Developer
- The Palm - Jumeirah Co
- Completed
- 2014
- Service charge
- AED 14,500 /yr
- Last sold
- AED 1.44M · December 2024
- Building
- Palm Views East
About 116, Palm Views East
116 is a studio of 548 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 4 December 2024 for AED 1,440,000, or AED 2,627 per sqft, 6% above the AED 2,486 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 14 November 2021, is AED 60,000 a year: a gross yield of 4.2% on the 2024 price, before the service charge of about AED 14,500 a year.
Sales and rents for 116 over time
116 has sold 3 times; the dashed line is the studio median of each year in the building.
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 116 sits
All 95 studios →116 last sold in December 2024 at AED 2,627 per sqft, 6% above what studios in Palm Views East were fetching at the time (AED 2,486). 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. 116's AED 60,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Sep 202628 September 2026 | 548 sqft | 1,535,000 | 2,800 | ||
| 12 Aug 202612 August 2026 | 547 sqft | 1,600,000 | 2,926 | ||
| 14 Apr 202614 April 2026 | 503 sqft | 1,540,000 | 3,062 | ||
| 24 Feb 202624 February 2026 | 548 sqft | 1,550,000 | 2,828 |
Palm Views East
Building95 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%
Other units on the 1st floor
All 95 units in Palm Views East| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | Studio | 549 sqft | AED 1.1MAED 1,100,000 · Sep 2015September 2015 | 85,000 /yr | |
| 102 | Studio | 549 sqft | AED 1.05MAED 1,050,000 · Apr 2015April 2015 | 85,000 /yr | |
| 103 | Studio | 548 sqft | AED 1.08MAED 1,075,000 · Aug 2022August 2022 | 90,000 /yr | |
| 104 | Studio | 548 sqft | AED 610KAED 610,000 · Oct 2020October 2020 | 72,000 /yr | |
| 105 | Studio | 549 sqft | AED 1.44MAED 1,440,000 · Dec 2024December 2024 | 73,000 /yr | |
| 106 | Studio | 549 sqft | AED 1.42MAED 1,417,500 · Jan 2015January 2015 | ||
| 107 | Studio | 548 sqft | AED 1.2MAED 1,200,000 · Mar 2023March 2023 | 68,889 /yr | |
| 108 | Studio | 548 sqft | AED 1.32MAED 1,323,000 · Apr 2014April 2014 | 80,000 /yr | |
| 109 | Studio | 549 sqft | AED 950KAED 950,000 · Sep 2018September 2018 | 85,000 /yr | |
| 110 | Studio | 554 sqft | AED 1.38MAED 1,380,000 · Mar 2015March 2015 | 85,000 /yr | |
| 111 | Studio | 543 sqft | AED 1MAED 1,000,000 · Dec 2014December 2014 | 80,000 /yr | |
| 112 | Studio | 548 sqft | AED 155KAED 154,830 · Jan 2026January 2026 | 71,000 /yr | |
| 113 | Studio | 549 sqft | AED 1.44MAED 1,440,000 · Dec 2024December 2024 | 68,000 /yr | |
| 114 | Studio | 544 sqft | AED 1.28MAED 1,275,000 · Sep 2023September 2023 | 65,000 /yr | |
| 115 | Studio | 543 sqft | AED 1.44MAED 1,440,000 · Dec 2024December 2024 | 52,500 /yr | |
| 117 | Studio | 549 sqft | AED 1.39MAED 1,390,000 · Sep 2024September 2024 | 85,000 /yr | |
| 119 | Studio | 553 sqft | AED 1.38MAED 1,375,000 · Oct 2024October 2024 | 100,000 /yr | |
| 120 | Studio | 548 sqft | AED 1.55MAED 1,550,000 · Feb 2026February 2026 | 75,000 /yr | |
| 121 | Studio | 549 sqft | AED 1.2MAED 1,200,000 · Jun 2022June 2022 | 50,000 /yr | |
| 122 | Studio | 549 sqft | AED 1.39MAED 1,390,000 · Sep 2024September 2024 | 57,750 /yr | |
| 123 | Studio | 548 sqft | AED 1.05MAED 1,050,000 · Oct 2013October 2013 | 70,903 /yr | |
| 124 | Studio | 548 sqft | AED 1.1MAED 1,102,500 · Oct 2013October 2013 | 78,000 /yr |
116, Palm Views East in numbers
- Sold 3 times: first on 3 October 2013 for AED 1,050,000, last on 4 December 2024 for AED 1,440,000 (AED 2,627 per sqft).
- Rented since September 2017 on 4 Ejari contracts. The rent fell from AED 75,000 to AED 52,000 in 2020 and recovered to AED 60,000 by November 2021.
- At AED 60,000 a year the gross yield on the 2024 price is 4.2%, 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 4 December 2024.
Questions about 116, Palm Views East
What did unit 116 last sell for?
AED 1,440,000 on 4 December 2024: AED 2,627 per sqft for 548 sqft. The unit has 3 registered sales; the first was AED 1,050,000 in October 2013.
What is the rent for unit 116?
AED 60,000 a year on the contract signed on 14 November 2021. The previous contract, from November 2020, was AED 52,000; the unit has been rented since September 2017.
How big is unit 116?
548 sqft (50.9 sqm): a studio on the 1st floor of a 4-storey tower completed in 2014.
What is unit 116 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 116, Palm Views East
Starts from the last sale price (AED 1.44M, 4 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 →