Studio · 548 sqftPalm Views East, Palm Jumeirah · 3rd floor · completed 2014

316, Palm Views East

Sold prices and rental history: sold twice, last in November 2018, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 316 · DLD and Ejari recordsUpdated 15 October 2025
Last soldAED 650K19 November 2018
Current rentAED 80K /yr15 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 316, Palm Views East

What is 316 worth today?

Last sold for AED 650,000 in 2018

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15 Oct 2025RentedRenewal
AED 80,000/yr12 months · AED 146 per sqft
15 Oct 2024RentedRenewal
AED 80,000/yr12 months · AED 146 per sqft
15 Oct 2023RentedNew contract
AED 80,000/yr12 months · AED 146 per sqft
5 Jan 2020RentedNew contract
AED 57,500/yr12 months · AED 105 per sqft
19 Nov 2018SoldReady
AED 650,000AED 1,185 per sqft
9 Apr 2018RentedRenewal
AED 80,000/yr12 months · AED 146 per sqft
9 Apr 2017RentedNew contract
AED 80,000/yr12 months · AED 146 per sqft
12 Nov 2014Sold by developerOff-plan
AED 1,000,000AED 1,824 per sqft

Source: Dubai Land Department. Updated 15 October 2025.

Key facts

Type
Studio apartment
Size
548 sqft
Floor
3rd of 4
Parking
nan
Developer
The Palm - Jumeirah Co
Completed
2014
Service charge
AED 14,500 /yr
Last sold
AED 650K · November 2018

About 316, Palm Views East

316 is a studio of 548 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 19 November 2018 for AED 650,000, or AED 1,185 per sqft, 28% below the AED 1,645 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 15 October 2025, is AED 80,000 a year: a gross yield of 12.3% on the 2018 price, before the service charge of about AED 14,500 a year.

Sales and rents for 316 over time

Sales
Unit 316, each saleTypical studio in Palm Views East
500K1M1.5M2013201720212025Typical 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, November 2014: AED 1,000,000 (AED 1,824 per sqft)Sold, November 2018: AED 650,000 (AED 1,185 per sqft)

316 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 316, 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, April 2017: AED 80,000 a yearRenewal, April 2018: AED 80,000 a yearNew contract, January 2020: AED 57,500 a yearNew contract, October 2023: AED 80,000 a yearRenewal, October 2024: AED 80,000 a yearRenewal, October 2025: AED 80,000 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 316 sits

All 95 studios →

316 last sold in November 2018 at AED 1,185 per sqft, 28% below what studios in Palm Views East were fetching at the time (AED 1,645). 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. 316's AED 80,000 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
302StudioAED 1M · Mar 2018
303StudioAED 1.15M · Jun 2016
304StudioAED 1.05M · Feb 2015
305StudioAED 1M · Oct 2013
306StudioAED 1.33M · Sep 2014
307StudioAED 1M · Oct 2013
1–7 of 23

316, Palm Views East in numbers

  • Sold twice: first on 12 November 2014 for AED 1,000,000, last on 19 November 2018 for AED 650,000 (AED 1,185 per sqft).
  • Rented since April 2017 on 6 Ejari contracts. The rent fell from AED 80,000 to AED 57,500 in 2020 and recovered to AED 80,000 by October 2025.
  • At AED 80,000 a year the gross yield on the 2018 price is 12.3%, 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 15 October 2025.

Questions about 316, Palm Views East

What did unit 316 last sell for?

AED 650,000 on 19 November 2018: AED 1,185 per sqft for 548 sqft. The unit has 2 registered sales; the first was AED 1,000,000 in November 2014.

What is the rent for unit 316?

AED 80,000 a year on the contract renewed on 15 October 2025. The previous contract, from October 2024, was AED 80,000; the unit has been rented since April 2017.

How big is unit 316?

548 sqft (50.9 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2014.

What is unit 316 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 316, Palm Views East

Starts from the last sale price (AED 650K, 19 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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