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Studio · 548 sqftPalm Views East, Palm Jumeirah · 2nd floor · completed 2014

216, Palm Views East

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

Unit 216 · DLD and Ejari recordsUpdated 1 November 2025
Last soldAED 1.35M5 November 2024
Current rentAED 141K /yr1 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 216, Palm Views East

What is 216 worth today?

Last sold for AED 1,350,000 in 2024

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1 Nov 2025RentedNew contract
AED 141,000/yr12 months · AED 257 per sqft
5 Nov 2024SoldReady
AED 1,350,000AED 2,463 per sqft
10 Mar 2023RentedNew contract
AED 90,000/yr12 months · AED 164 per sqft
15 Oct 2019RentedNew contract
AED 65,000/yr12 months · AED 118 per sqft
12 Mar 2019RentedRenewal
AED 53,855/yr12 months · AED 98 per sqft
17 Jan 2019RentedRenewal
AED 65,882/yr2 months · AED 120 per sqft
16 Jan 2018RentedNew contract
AED 59,839/yr12 months · AED 109 per sqft
7 Mar 2017RentedNew contract
AED 80,000/yr12 months · AED 146 per sqft

Source: Dubai Land Department. Updated 1 November 2025.

Key facts

Type
Studio apartment
Size
548 sqft
Floor
2nd of 4
Parking
nan
Developer
The Palm - Jumeirah Co
Completed
2014
Service charge
AED 14,500 /yr
Last sold
AED 1.35M · November 2024
Building
Palm Views East

About 216, Palm Views East

216 is a studio of 548 sqft on the 2nd floor of Palm Views East, a 4-storey tower in Palm Jumeirah completed in 2014 by The Palm - Jumeirah Co. It last sold on 5 November 2024 for AED 1,350,000, or AED 2,463 per sqft, in line with the AED 2,461 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 1 November 2025, is AED 141,000 a year: a gross yield of 10.4% on the 2024 price, before the service charge of about AED 14,500 a year.

Sales and rents for 216 over time

Sales
Unit 216, 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, July 2015: AED 1,000,000 (AED 1,824 per sqft)Sold, August 2015: AED 1,225,000 (AED 2,234 per sqft)Sold, November 2024: AED 1,350,000 (AED 2,463 per sqft)

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

Rents
Unit 216, each contractTypical studio in Palm Views East
50K100K150K2016201920222025Typical 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, March 2017: AED 80,000 a yearNew contract, January 2018: AED 59,839 a yearRenewal, January 2019: AED 65,882 a yearRenewal, March 2019: AED 53,855 a yearNew contract, October 2019: AED 65,000 a yearNew contract, March 2023: AED 90,000 a yearNew contract, November 2025: AED 141,000 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 216 sits

All 95 studios →

216 last sold in November 2024 at AED 2,463 per sqft, in line with what studios in Palm Views East were fetching at the time (AED 2,461). 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. 216's AED 141,000 is at the top 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 2nd floor

All 95 units in Palm Views East
Value
201StudioAED 1.41M · Nov 2024
202StudioAED 1.2M · Apr 2023
203StudioAED 1.1M · Sep 2015
204StudioAED 1.28M · Mar 2015
205StudioAED 1.53M · Oct 2025
206StudioAED 1.2M · Aug 2016
207StudioAED 1.33M · May 2023
1–7 of 23

216, Palm Views East in numbers

  • Sold 3 times: first on 6 July 2015 for AED 1,000,000, last on 5 November 2024 for AED 1,350,000 (AED 2,463 per sqft).
  • Rented since March 2017 on 7 Ejari contracts. The rent fell from AED 80,000 to AED 53,855 in 2019 and recovered to AED 141,000 by November 2025.
  • At AED 141,000 a year the gross yield on the 2024 price is 10.4%, 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 1 November 2025.

Questions about 216, Palm Views East

What did unit 216 last sell for?

AED 1,350,000 on 5 November 2024: AED 2,463 per sqft for 548 sqft. The unit has 3 registered sales; the first was AED 1,000,000 in July 2015.

What is the rent for unit 216?

AED 141,000 a year on the contract signed on 1 November 2025. The previous contract, from March 2023, was AED 90,000; the unit has been rented since March 2017.

How big is unit 216?

548 sqft (50.9 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2014.

What is unit 216 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 216, Palm Views East

Starts from the last sale price (AED 1.35M, 5 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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