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Studio · 549 sqftPalm Views East, Palm Jumeirah · 3rd floor · completed 2014

302, Palm Views East

Sold prices and rental history: sold 4 times, last in March 2018, and rented once, from September 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 22 September 2018
Last soldAED 1M18 March 2018
Current rentAED 102K /yr22 September 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 302, Palm Views East

What is 302 worth today?

Last sold for AED 1,000,000 in 2018

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22 Sep 2018RentedNew contract
AED 102,000/yr3 months · AED 186 per sqft
18 Mar 2018SoldReady
AED 1,000,000AED 1,821 per sqft
2 Aug 2015SoldOff-plan
AED 1,100,000AED 2,003 per sqft
21 Apr 2014SoldOff-plan
AED 1,350,000AED 2,459 per sqft
3 Oct 2013Sold by developerOff-plan
AED 1,050,000AED 1,912 per sqft

Source: Dubai Land Department. Updated 22 September 2018.

Key facts

Type
Studio apartment
Size
549 sqft
Floor
3rd of 4
Parking
nan
Developer
The Palm - Jumeirah Co
Completed
2014
Service charge
AED 14,500 /yr
Last sold
AED 1M · March 2018
Building
Palm Views East

About 302, Palm Views East

302 is a studio of 549 sqft on the 3rd floor of Palm Views East, a 4-storey tower in Palm Jumeirah completed in 2014 by The Palm - Jumeirah Co. It last sold on 18 March 2018 for AED 1,000,000, or AED 1,821 per sqft, 13% below the AED 2,101 studios in the building were fetching at the time.

One Ejari contract is registered, from 22 September 2018. The current contract, signed on 22 September 2018, is AED 102,000 a year: a gross yield of 10.2% on the 2018 price, before the service charge of about AED 14,500 a year.

Sales and rents for 302 over time

Sales
Unit 302, 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 1,912 per sqft)Sold, April 2014: AED 1,350,000 (AED 2,459 per sqft)Sold, August 2015: AED 1,100,000 (AED 2,003 per sqft)Sold, March 2018: AED 1,000,000 (AED 1,821 per sqft)

302 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 302, each contractTypical studio in Palm Views East
50K75K100K2016201920222025Typical 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, September 2018: AED 102,000 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 302 sits

All 95 studios →

302 last sold in March 2018 at AED 1,821 per sqft, 13% below what studios in Palm Views East were fetching at the time (AED 2,101). 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. 302's AED 102,000 is in the upper 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 3rd floor

All 95 units in Palm Views East
Value
301StudioAED 1.5M · Aug 2025
303StudioAED 1.15M · Jun 2016
304StudioAED 1.05M · Feb 2015
305StudioAED 1M · Oct 2013
306StudioAED 1.33M · Sep 2014
307StudioAED 1M · Oct 2013
308StudioAED 1.05M · Oct 2013
1–7 of 23

302, Palm Views East in numbers

  • Sold 4 times: first on 3 October 2013 for AED 1,050,000, last on 18 March 2018 for AED 1,000,000 (AED 1,821 per sqft).
  • Rented since September 2018 on one Ejari contract, at AED 102,000 a year.
  • At AED 102,000 a year the gross yield on the 2018 price is 10.2%, 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 22 September 2018.

Questions about 302, Palm Views East

What did unit 302 last sell for?

AED 1,000,000 on 18 March 2018: AED 1,821 per sqft for 549 sqft. The unit has 4 registered sales; the first was AED 1,050,000 in October 2013.

What is the rent for unit 302?

AED 102,000 a year on the contract signed on 22 September 2018.

How big is unit 302?

549 sqft (51.0 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2014.

What is unit 302 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 302, Palm Views East

Starts from the last sale price (AED 1M, 18 March 2018). 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 →