Studio · 506 sqftPalm Views East, Palm Jumeirah · 4th floor · completed 2014

406, Palm Views East

Sold prices and rental history: sold twice, last in January 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 12 September 2025
Last soldAED 1.1M3 January 2016
Current rentAED 80K /yr12 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Palm Views East

What is 406 worth today?

Last sold for AED 1,100,000 in 2016

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12 Sep 2025RentedNew contract
AED 80,000/yr12 months · AED 158 per sqft
16 Nov 2024RentedRenewal
AED 80,000/yr12 months · AED 158 per sqft
16 Nov 2023RentedNew contract
AED 80,000/yr12 months · AED 158 per sqft
1 Feb 2020RentedNew contract
AED 60,000/yr12 months · AED 119 per sqft
1 Aug 2018RentedNew contract
AED 69,000/yr12 months · AED 136 per sqft
26 Aug 2017RentedNew contract
AED 74,000/yr12 months · AED 146 per sqft
3 Jan 2016SoldOff-plan
AED 1,100,000AED 2,174 per sqft
3 Oct 2013Sold by developerOff-plan
AED 1,050,000AED 2,075 per sqft

Source: Dubai Land Department. Updated 12 September 2025.

Key facts

Type
Studio apartment
Size
506 sqft
Floor
4th of 4
Parking
nan
Developer
The Palm - Jumeirah Co
Completed
2014
Service charge
AED 13,400 /yr
Last sold
AED 1.1M · January 2016

About 406, Palm Views East

406 is a studio of 506 sqft on the 4th floor of Palm Views East, a 4-storey tower in Palm Jumeirah completed in 2014 by The Palm - Jumeirah Co. It last sold on 3 January 2016 for AED 1,100,000, or AED 2,174 per sqft, 9% above the AED 1,988 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 12 September 2025, is AED 80,000 a year: a gross yield of 7.3% on the 2016 price, before the service charge of about AED 13,400 a year.

Sales and rents for 406 over time

Sales
Unit 406, 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 2,075 per sqft)Sold, January 2016: AED 1,100,000 (AED 2,174 per sqft)

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

Rents
Unit 406, 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, August 2017: AED 74,000 a yearNew contract, August 2018: AED 69,000 a yearNew contract, February 2020: AED 60,000 a yearNew contract, November 2023: AED 80,000 a yearRenewal, November 2024: AED 80,000 a yearNew contract, September 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 406 sits

All 95 studios →

406 last sold in January 2016 at AED 2,174 per sqft, 9% above what studios in Palm Views East were fetching at the time (AED 1,988). 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. 406'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 4th floor

All 95 units in Palm Views East
Value
401StudioAED 1.15M · Oct 2015
402StudioAED 1.2M · May 2023
403StudioAED 750K · Mar 2019
404StudioAED 750K · Mar 2019
405StudioAED 1.05M · Nov 2014
407StudioAED 850K · Mar 2021
408StudioAED 1.17M · May 2015
1–7 of 23

406, Palm Views East in numbers

  • Sold twice: first on 3 October 2013 for AED 1,050,000, last on 3 January 2016 for AED 1,100,000 (AED 2,174 per sqft).
  • Rented since August 2017 on 6 Ejari contracts. The rent fell from AED 74,000 to AED 60,000 in 2020 and recovered to AED 80,000 by September 2025.
  • At AED 80,000 a year the gross yield on the 2016 price is 7.3%, before a service charge of about AED 13,400 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 12 September 2025.

Questions about 406, Palm Views East

What did unit 406 last sell for?

AED 1,100,000 on 3 January 2016: AED 2,174 per sqft for 506 sqft. The unit has 2 registered sales; the first was AED 1,050,000 in October 2013.

What is the rent for unit 406?

AED 80,000 a year on the contract signed on 12 September 2025. The previous contract, from November 2024, was AED 80,000; the unit has been rented since August 2017.

How big is unit 406?

506 sqft (47.0 sqm): a studio on the 4th floor of a 4-storey tower completed in 2014.

What is unit 406 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 406, Palm Views East

Starts from the last sale price (AED 1.1M, 3 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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