318, Palm Views East
Sold prices and rental history: sold once, by the developer in May 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 318, Palm Views East
What is 318 worth today?
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Source: Dubai Land Department. Updated 22 February 2022.
Key facts
- Type
- Studio apartment
- Size
- 547 sqft
- Floor
- 3rd of 4
- Parking
- nan
- Developer
- The Palm - Jumeirah Co
- Completed
- 2014
- Service charge
- AED 14,500 /yr
- Last sold
- AED 1M · May 2015
- Building
- Palm Views East
About 318, Palm Views East
318 is a studio of 547 sqft on the 3rd 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 14 May 2015 for AED 1,000,000, or AED 1,828 per sqft, 8% below the AED 1,983 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 22 February 2022, is AED 55,000 a year: a gross yield of 5.5% on the 2015 price, before the service charge of about AED 14,500 a year.
Sales and rents for 318 over time
318 has sold once; the dashed line is the studio median of each year in the building.
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 318 sits
All 95 studios →318 last sold in May 2015 at AED 1,828 per sqft, 8% below what studios in Palm Views East were fetching at the time (AED 1,983). 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. 318's AED 55,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Sep 202628 September 2026 | 548 sqft | 1,535,000 | 2,800 | ||
| 12 Aug 202612 August 2026 | 547 sqft | 1,600,000 | 2,926 | ||
| 14 Apr 202614 April 2026 | 503 sqft | 1,540,000 | 3,062 | ||
| 24 Feb 202624 February 2026 | 548 sqft | 1,550,000 | 2,828 |
Palm Views East
Building95 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%
Other units on the 3rd floor
All 95 units in Palm Views East| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | Studio | 549 sqft | AED 1.5MAED 1,500,000 · Aug 2025August 2025 | 100,000 /yr | |
| 302 | Studio | 549 sqft | AED 1MAED 1,000,000 · Mar 2018March 2018 | 102,000 /yr | |
| 303 | Studio | 548 sqft | AED 1.15MAED 1,150,000 · Jun 2016June 2016 | 80,000 /yr | |
| 304 | Studio | 548 sqft | AED 1.05MAED 1,050,000 · Feb 2015February 2015 | 75,000 /yr | |
| 305 | Studio | 549 sqft | AED 1MAED 1,000,000 · Oct 2013October 2013 | 75,000 /yr | |
| 306 | Studio | 549 sqft | AED 1.33MAED 1,326,380 · Sep 2014September 2014 | ||
| 307 | Studio | 548 sqft | AED 1MAED 1,000,000 · Oct 2013October 2013 | 90,000 /yr | |
| 308 | Studio | 548 sqft | AED 1.05MAED 1,050,000 · Oct 2013October 2013 | 85,000 /yr | |
| 309 | Studio | 549 sqft | AED 1MAED 1,000,000 · Dec 2015December 2015 | 70,000 /yr | |
| 310 | Studio | 551 sqft | AED 935KAED 935,000 · Aug 2021August 2021 | 88,500 /yr | |
| 311 | Studio | 546 sqft | AED 1MAED 1,000,000 · Apr 2015April 2015 | 55,000 /yr | |
| 312 | Studio | 548 sqft | AED 1MAED 1,000,000 · May 2014May 2014 | 68,000 /yr | |
| 313 | Studio | 549 sqft | AED 1.5MAED 1,500,000 · Dec 2024December 2024 | 100,000 /yr | |
| 314 | Studio | 547 sqft | AED 1.6MAED 1,600,000 · Aug 2026August 2026 | 85,000 /yr | |
| 315 | Studio | 546 sqft | AED 1.22MAED 1,220,000 · Jun 2014June 2014 | 95,000 /yr | |
| 316 | Studio | 548 sqft | AED 650KAED 650,000 · Nov 2018November 2018 | 80,000 /yr | |
| 317 | Studio | 549 sqft | AED 1.45MAED 1,450,000 · Mar 2025March 2025 | 95,000 /yr | |
| 319 | Studio | 550 sqft | AED 1.2MAED 1,200,000 · Feb 2023February 2023 | 90,000 /yr | |
| 320 | Studio | 548 sqft | AED 1.54MAED 1,535,000 · Sep 2026September 2026 | 90,000 /yr | |
| 321 | Studio | 549 sqft | AED 1.34MAED 1,335,000 · Oct 2024October 2024 | 69,806 /yr | |
| 322 | Studio | 549 sqft | AED 1.5MAED 1,500,000 · Sep 2025September 2025 | 95,000 /yr | |
| 323 | Studio | 548 sqft | AED 1.05MAED 1,050,000 · Mar 2016March 2016 | 75,000 /yr | |
| 324 | Studio | 548 sqft | AED 1.11MAED 1,110,000 · May 2022May 2022 | 105,000 /yr |
318, Palm Views East in numbers
- Sold once: by The Palm - Jumeirah Co on 14 May 2015 for AED 1,000,000, or AED 1,828 per sqft.
- Rented since October 2016 on 6 Ejari contracts, from AED 80,000 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2015 price is 5.5%, 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 22 February 2022.
Questions about 318, Palm Views East
What did unit 318 last sell for?
AED 1,000,000 on 14 May 2015, sold by the developer: AED 1,828 per sqft for 547 sqft. It is the only registered sale of the unit.
What is the rent for unit 318?
AED 55,000 a year on the contract renewed on 22 February 2022. The previous contract, from February 2021, was AED 50,000; the unit has been rented since October 2016.
How big is unit 318?
547 sqft (50.8 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2014.
What is unit 318 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 318, Palm Views East
Starts from the last sale price (AED 1M, 14 May 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 →