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

323, Palm Views East

Sold prices and rental history: sold twice, last in March 2016, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 323 · DLD and Ejari recordsUpdated 1 April 2024
Last soldAED 1.05M22 March 2016
Current rentAED 75K /yr1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 323, Palm Views East

What is 323 worth today?

Last sold for AED 1,050,000 in 2016

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1 Apr 2024RentedRenewal
AED 75,000/yr12 months · AED 139 per sqft
30 Sep 2019RentedNew contract
AED 62,000/yr12 months · AED 113 per sqft
20 Sep 2018RentedNew contract
AED 70,000/yr12 months · AED 128 per sqft
22 Mar 2016SoldOff-plan
AED 1,050,000AED 1,915 per sqft
15 Mar 2016Sold by developerOff-plan
AED 1,050,000AED 1,915 per sqft

Source: Dubai Land Department. Updated 1 April 2024.

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 1.05M · March 2016

About 323, Palm Views East

323 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 22 March 2016 for AED 1,050,000, or AED 1,915 per sqft, 3% below the AED 1,983 studios in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 1 April 2024, is AED 75,000 a year: a gross yield of 7.1% on the 2016 price, before the service charge of about AED 14,500 a year.

Sales and rents for 323 over time

Sales
Unit 323, 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, March 2016: AED 1,050,000 (AED 1,915 per sqft)Sold by developer, March 2016: AED 1,050,000 (AED 1,915 per sqft)

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

Rents
Unit 323, 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, September 2018: AED 70,000 a yearNew contract, September 2019: AED 62,000 a yearRenewal, April 2024: 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 323 sits

All 95 studios →

323 last sold in March 2016 at AED 1,915 per sqft, 3% 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. 323'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 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

323, Palm Views East in numbers

  • Sold twice: first on 15 March 2016 for AED 1,050,000, last on 22 March 2016 for AED 1,050,000 (AED 1,915 per sqft).
  • Rented since September 2018 on 3 Ejari contracts. The rent fell from AED 70,000 to AED 62,000 in 2019 and recovered to AED 75,000 by April 2024.
  • At AED 75,000 a year the gross yield on the 2016 price is 7.1%, 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 1 April 2024.

Questions about 323, Palm Views East

What did unit 323 last sell for?

AED 1,050,000 on 22 March 2016: AED 1,915 per sqft for 548 sqft. The unit has 2 registered sales; the first was AED 1,050,000 in March 2016.

What is the rent for unit 323?

AED 75,000 a year on the contract renewed on 1 April 2024. The previous contract, from September 2019, was AED 62,000; the unit has been rented since September 2018.

How big is unit 323?

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

What is unit 323 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 323, Palm Views East

Starts from the last sale price (AED 1.05M, 22 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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