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Studio · 548 sqftPalm Views East, Palm Jumeirah · 1st floor · completed 2014

123, Palm Views East

Sold prices and rental history: sold once, by the developer in October 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 123 · DLD and Ejari recordsUpdated 9 October 2026
Last soldAED 1.05M3 October 2013
Current rentAED 71K /yr9 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 123, Palm Views East

What is 123 worth today?

Last sold for AED 1,050,000 in 2013

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9 Oct 2026RentedNew contract
AED 70,903/yr12 months · AED 129 per sqft
4 Sep 2025RentedNew contract
AED 92,500/yr12 months · AED 169 per sqft
1 Oct 2023RentedRenewal · flagged as an outlier
AED 7,000/yr4 months · AED 13 per sqft
1 Oct 2022RentedNew contract
AED 65,000/yr12 months · AED 119 per sqft
1 Oct 2021RentedNew contract
AED 60,000/yr12 months · AED 109 per sqft
6 May 2019RentedRenewal
AED 65,000/yr12 months · AED 118 per sqft
6 May 2018RentedNew contract
AED 65,000/yr12 months · AED 118 per sqft
20 Jan 2017RentedNew contract
AED 85,000/yr12 months · AED 155 per sqft

Source: Dubai Land Department. Updated 9 October 2026.

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 1.05M · October 2013
Building
Palm Views East

About 123, Palm Views East

123 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. The developer sold it on 3 October 2013 for AED 1,050,000, or AED 1,915 per sqft, in line with the AED 1,915 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 9 October 2026, is AED 70,903 a year: a gross yield of 6.8% on the 2013 price, before the service charge of about AED 14,500 a year.

Sales and rents for 123 over time

Sales
Unit 123, 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 1,915 per sqft)

123 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 123, 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, January 2017: AED 85,000 a yearNew contract, May 2018: AED 65,000 a yearRenewal, May 2019: AED 65,000 a yearNew contract, October 2021: AED 60,000 a yearNew contract, October 2022: AED 65,000 a yearNew contract, September 2025: AED 92,500 a yearNew contract, October 2026: AED 70,903 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 123 sits

All 95 studios →

123 last sold in October 2013 at AED 1,915 per sqft, in line with what studios in Palm Views East were fetching at the time (AED 1,915). 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. 123's AED 70,903 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

123, Palm Views East in numbers

  • Sold once: by The Palm - Jumeirah Co on 3 October 2013 for AED 1,050,000, or AED 1,915 per sqft.
  • Rented since January 2017 on 8 Ejari contracts. The rent fell from AED 85,000 to AED 7,000 in 2023 and recovered to AED 70,903 by October 2026.
  • At AED 70,903 a year the gross yield on the 2013 price is 6.8%, 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 9 October 2026.

Questions about 123, Palm Views East

What did unit 123 last sell for?

AED 1,050,000 on 3 October 2013, sold by the developer: AED 1,915 per sqft for 548 sqft. It is the only registered sale of the unit.

What is the rent for unit 123?

AED 70,903 a year on the contract signed on 9 October 2026. The previous contract, from September 2025, was AED 92,500; the unit has been rented since January 2017.

How big is unit 123?

548 sqft (50.9 sqm): a studio on the 1st floor of a 4-storey tower completed in 2014.

What is unit 123 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 123, Palm Views East

Starts from the last sale price (AED 1.05M, 3 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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