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Studio · 545 sqftPalm Views East, Palm Jumeirah · 2nd floor · completed 2014

218, Palm Views East

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

Unit 218 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 700K26 April 2024
Current rentAED 75K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 218, Palm Views East

What is 218 worth today?

Last sold for AED 700,000 in 2024

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1 Aug 2026RentedNew contract
AED 75,000/yr12 months · AED 137 per sqft
14 May 2025RentedNew contract
AED 85,000/yr12 months · AED 155 per sqft
24 Jan 2025RentedRenewal
AED 94,800/yr2 months · AED 176 per sqft
16 Aug 2024RentedNew contract
AED 68,466/yr5 months · AED 125 per sqft
26 Apr 2024SoldReady
AED 700,000AED 1,283 per sqft
16 Aug 2023RentedRenewal
AED 68,000/yr12 months · AED 124 per sqft
16 Aug 2022RentedRenewal
AED 62,500/yr12 months · AED 114 per sqft
16 Aug 2021RentedRenewal
AED 55,000/yr12 months · AED 100 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
Studio apartment
Size
545 sqft
Floor
2nd of 4
Parking
nan
Developer
The Palm - Jumeirah Co
Completed
2014
Service charge
AED 14,400 /yr
Last sold
AED 700K · April 2024
Building
Palm Views East

About 218, Palm Views East

218 is a studio of 545 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 26 April 2024 for AED 700,000, or AED 1,283 per sqft, 44% below the AED 2,303 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 11 Ejari contracts. The current contract, signed on 1 August 2026, is AED 75,000 a year: a gross yield of 10.7% on the 2024 price, before the service charge of about AED 14,400 a year.

Sales and rents for 218 over time

Sales
Unit 218, 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 1,000,000 (AED 1,834 per sqft)Sold, July 2018: AED 900,000 (AED 1,650 per sqft)Sold, April 2024: AED 700,000 (AED 1,283 per sqft)

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

Rents
Unit 218, each contractTypical studio in Palm Views East
60K80K100K2016201920222025Typical 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 74,799 a yearNew contract, January 2018: AED 68,000 a yearNew contract, January 2019: AED 60,000 a yearRenewal, January 2020: AED 55,000 a yearRenewal, August 2021: AED 55,000 a yearRenewal, August 2022: AED 62,500 a yearRenewal, August 2023: AED 68,000 a yearNew contract, August 2024: AED 68,466 a yearRenewal, January 2025: AED 94,800 a yearNew contract, May 2025: AED 85,000 a yearNew contract, August 2026: AED 75,000 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 218 sits

All 95 studios →

218 last sold in April 2024 at AED 1,283 per sqft, 44% below what studios in Palm Views East were fetching at the time (AED 2,303). 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. 218's AED 75,000 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 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

218, Palm Views East in numbers

  • Sold 3 times: first on 2 October 2013 for AED 1,000,000, last on 26 April 2024 for AED 700,000 (AED 1,283 per sqft).
  • Rented since January 2017 on 11 Ejari contracts. The rent fell from AED 74,799 to AED 55,000 in 2021 and recovered to AED 75,000 by August 2026.
  • At AED 75,000 a year the gross yield on the 2024 price is 10.7%, 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 1 August 2026.

Questions about 218, Palm Views East

What did unit 218 last sell for?

AED 700,000 on 26 April 2024: AED 1,283 per sqft for 545 sqft. The unit has 3 registered sales; the first was AED 1,000,000 in October 2013.

What is the rent for unit 218?

AED 75,000 a year on the contract signed on 1 August 2026. The previous contract, from May 2025, was AED 85,000; the unit has been rented since January 2017.

How big is unit 218?

545 sqft (50.6 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2014.

What is unit 218 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 218, Palm Views East

Starts from the last sale price (AED 700K, 26 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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