Studio · 549 sqftPalm Views East, Palm Jumeirah · 2nd floor · completed 2014

222, Palm Views East

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 222 · DLD and Ejari recordsUpdated 4 February 2021
Last soldAED 1M5 October 2015
Current rentAED 45K /yr4 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 222, Palm Views East

What is 222 worth today?

Last sold for AED 1,000,000 in 2015

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4 Feb 2021RentedRenewal
AED 45,000/yr12 months · AED 82 per sqft
4 Jul 2020RentedRenewal
AED 77,143/yr7 months · AED 141 per sqft
4 Jul 2019RentedRenewal
AED 45,000/yr12 months · AED 82 per sqft
4 Jul 2018RentedRenewal
AED 45,000/yr12 months · AED 82 per sqft
4 Jul 2017RentedNew contract
AED 75,000/yr12 months · AED 137 per sqft
5 Oct 2015Sold by developerOff-plan
AED 1,000,000AED 1,821 per sqft

Source: Dubai Land Department. Updated 4 February 2021.

Key facts

Type
Studio apartment
Size
549 sqft
Floor
2nd of 4
Parking
nan
Developer
The Palm - Jumeirah Co
Completed
2014
Service charge
AED 14,500 /yr
Last sold
AED 1M · October 2015

About 222, Palm Views East

222 is a studio of 549 sqft on the 2nd 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 5 October 2015 for AED 1,000,000, or AED 1,821 per sqft, 8% below the AED 1,980 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 4 February 2021, is AED 45,000 a year: a gross yield of 4.5% on the 2015 price, before the service charge of about AED 14,500 a year.

Sales and rents for 222 over time

Sales
Unit 222, 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 2015: AED 1,000,000 (AED 1,821 per sqft)

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

Rents
Unit 222, each contractTypical studio in Palm Views East
40K60K80K2016201920222025Typical 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, July 2017: AED 75,000 a yearRenewal, July 2018: AED 45,000 a yearRenewal, July 2019: AED 45,000 a yearRenewal, July 2020: AED 77,143 a yearRenewal, February 2021: AED 45,000 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 222 sits

All 95 studios →

222 last sold in October 2015 at AED 1,821 per sqft, 8% below what studios in Palm Views East were fetching at the time (AED 1,980). 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. 222's AED 45,000 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

222, Palm Views East in numbers

  • Sold once: by The Palm - Jumeirah Co on 5 October 2015 for AED 1,000,000, or AED 1,821 per sqft.
  • Rented since July 2017 on 5 Ejari contracts, from AED 75,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2015 price is 4.5%, 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 February 2021.

Questions about 222, Palm Views East

What did unit 222 last sell for?

AED 1,000,000 on 5 October 2015, sold by the developer: AED 1,821 per sqft for 549 sqft. It is the only registered sale of the unit.

What is the rent for unit 222?

AED 45,000 a year on the contract renewed on 4 February 2021. The previous contract, from July 2020, was AED 77,143; the unit has been rented since July 2017.

How big is unit 222?

549 sqft (51.0 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2014.

What is unit 222 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 222, Palm Views East

Starts from the last sale price (AED 1M, 5 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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