
408, Palm Views East
Sold prices and rental history: sold twice, last in May 2015, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Palm Views East
What is 408 worth today?
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Source: Dubai Land Department. Updated 1 October 2024.
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 1.17M · May 2015
- Building
- Palm Views East
About 408, Palm Views East
408 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 6 May 2015 for AED 1,170,000, or AED 2,316 per sqft, 19% above the AED 1,946 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 67,500 a year: a gross yield of 5.8% on the 2015 price, before the service charge of about AED 13,400 a year.
Sales and rents for 408 over time
408 has sold twice; 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 408 sits
All 95 studios →408 last sold in May 2015 at AED 2,316 per sqft, 19% above what studios in Palm Views East were fetching at the time (AED 1,946). 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. 408's AED 67,500 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 4th floor
All 95 units in Palm Views East| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | Studio | 506 sqft | AED 1.15MAED 1,150,000 · Oct 2015October 2015 | 65,000 /yr | |
| 402 | Studio | 506 sqft | AED 1.2MAED 1,200,000 · May 2023May 2023 | 70,000 /yr | |
| 403 | Studio | 505 sqft | AED 750KAED 750,000 · Mar 2019March 2019 | 50,000 /yr | |
| 404 | Studio | 505 sqft | AED 750KAED 750,000 · Mar 2019March 2019 | 74,586 /yr | |
| 405 | Studio | 506 sqft | AED 1.05MAED 1,050,000 · Nov 2014November 2014 | 90,000 /yr | |
| 406 | Studio | 506 sqft | AED 1.1MAED 1,100,000 · Jan 2016January 2016 | 80,000 /yr | |
| 407 | Studio | 505 sqft | AED 850KAED 850,000 · Mar 2021March 2021 | 70,000 /yr | |
| 409 | Studio | 506 sqft | AED 978KAED 978,000 · Aug 2021August 2021 | 52,887 /yr | |
| 410 | Studio | 507 sqft | AED 1.05MAED 1,050,000 · Jun 2015June 2015 | 51,700 /yr | |
| 411 | Studio | 503 sqft | AED 1.54MAED 1,540,000 · Apr 2026April 2026 | 90,000 /yr | |
| 412 | Studio | 505 sqft | AED 1MAED 1,000,000 · Oct 2013October 2013 | ||
| 413 | Studio | 506 sqft | AED 1.1MAED 1,100,000 · Jan 2023January 2023 | 90,000 /yr | |
| 414 | Studio | 504 sqft | AED 1.5MAED 1,500,000 · Oct 2025October 2025 | 120,000 /yr | |
| 415 | Studio | 503 sqft | AED 1.18MAED 1,175,000 · Sep 2015September 2015 | 90,000 /yr | |
| 416 | Studio | 505 sqft | AED 1.33MAED 1,325,000 · Dec 2022December 2022 | 40,000 /yr | |
| 417 | Studio | 506 sqft | AED 1.15MAED 1,150,000 · Jul 2016July 2016 | 92,500 /yr | |
| 418 | Studio | 504 sqft | AED 1MAED 1,000,000 · Apr 2015April 2015 | 55,000 /yr | |
| 419 | Studio | 506 sqft | AED 1.4MAED 1,400,000 · Mar 2025March 2025 | 35,000 /yr | |
| 420 | Studio | 505 sqft | AED 1.4MAED 1,400,000 · Nov 2024November 2024 | 70,151 /yr | |
| 421 | Studio | 506 sqft | AED 1.03MAED 1,030,000 · Mar 2016March 2016 | 78,750 /yr | |
| 422 | Studio | 506 sqft | AED 1.2MAED 1,200,000 · Jul 2017July 2017 | 53,000 /yr | |
| 423 | Studio | 505 sqft | AED 1.13MAED 1,130,000 · Jun 2023June 2023 | 70,000 /yr | |
| 424 | Studio | 505 sqft | AED 1.1MAED 1,102,500 · Mar 2017March 2017 | 75,000 /yr |
408, Palm Views East in numbers
- Sold twice: first on 7 April 2015 for AED 1,050,000, last on 6 May 2015 for AED 1,170,000 (AED 2,316 per sqft).
- Rented since March 2020 on 6 Ejari contracts, from AED 47,000 to AED 67,500 a year.
- At AED 67,500 a year the gross yield on the 2015 price is 5.8%, 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 1 October 2024.
Questions about 408, Palm Views East
What did unit 408 last sell for?
AED 1,170,000 on 6 May 2015: AED 2,316 per sqft for 505 sqft. The unit has 2 registered sales; the first was AED 1,050,000 in April 2015.
What is the rent for unit 408?
AED 67,500 a year on the contract renewed on 1 October 2024. The previous contract, from October 2024, was AED 67,500; the unit has been rented since March 2020.
How big is unit 408?
505 sqft (46.9 sqm): a studio on the 4th floor of a 4-storey tower completed in 2014.
What is unit 408 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 408, Palm Views East
Starts from the last sale price (AED 1.17M, 6 May 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,170,000
- Deposit, UAE resident (20%)
- AED 234,000
- Deposit, non-resident (40%)
- AED 468,000
- Monthly over 25 years at 3.7%
- AED 4,787
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →