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Studio · 505 sqftPalm Views East, Palm Jumeirah · 4th floor · completed 2014

407, Palm Views East

Sold prices and rental history: sold 3 times, last in March 2021, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 13 January 2026
Last soldAED 850K21 March 2021
Current rentAED 70K /yr13 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 407, Palm Views East

What is 407 worth today?

Last sold for AED 850,000 in 2021

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13 Jan 2026RentedNew contract
AED 70,000/yr12 months · AED 138 per sqft
1 Apr 2021RentedNew contract
AED 70,000/yr12 months · AED 138 per sqft
21 Mar 2021SoldReady
AED 850,000AED 1,683 per sqft
18 Aug 2019SoldReady
AED 700,000AED 1,386 per sqft
23 Jun 2018RentedRenewal
AED 70,000/yr12 months · AED 138 per sqft
23 Jun 2017RentedNew contract
AED 80,000/yr12 months · AED 158 per sqft
3 Oct 2013Sold by developerOff-plan
AED 1,050,000AED 2,079 per sqft

Source: Dubai Land Department. Updated 13 January 2026.

Key facts

Type
Studio apartment
Size
505 sqft
Floor
4th of 4
Parking
nan
Developer
The Palm - Jumeirah Co
Completed
2014
Service charge
AED 13,400 /yr
Last sold
AED 850K · March 2021
Building
Palm Views East

About 407, Palm Views East

407 is a studio of 505 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 21 March 2021 for AED 850,000, or AED 1,683 per sqft.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 13 January 2026, is AED 70,000 a year: a gross yield of 8.2% on the 2021 price, before the service charge of about AED 13,400 a year.

Sales and rents for 407 over time

Sales
Unit 407, 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 2,079 per sqft)Sold, August 2019: AED 700,000 (AED 1,386 per sqft)Sold, March 2021: AED 850,000 (AED 1,683 per sqft)

407 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 407, 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, June 2017: AED 80,000 a yearRenewal, June 2018: AED 70,000 a yearNew contract, April 2021: AED 70,000 a yearNew contract, January 2026: AED 70,000 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 407 sits

All 95 studios →

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. 407's AED 70,000 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 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
406StudioAED 1.1M · Jan 2016
408StudioAED 1.17M · May 2015
1–7 of 23

407, Palm Views East in numbers

  • Sold 3 times: first on 3 October 2013 for AED 1,050,000, last on 21 March 2021 for AED 850,000 (AED 1,683 per sqft).
  • Rented since June 2017 on 4 Ejari contracts, from AED 80,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2021 price is 8.2%, 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 13 January 2026.

Questions about 407, Palm Views East

What did unit 407 last sell for?

AED 850,000 on 21 March 2021: AED 1,683 per sqft for 505 sqft. The unit has 3 registered sales; the first was AED 1,050,000 in October 2013.

What is the rent for unit 407?

AED 70,000 a year on the contract signed on 13 January 2026. The previous contract, from April 2021, was AED 70,000; the unit has been rented since June 2017.

How big is unit 407?

505 sqft (46.9 sqm): a studio on the 4th floor of a 4-storey tower completed in 2014.

What is unit 407 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 407, Palm Views East

Starts from the last sale price (AED 850K, 21 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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