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

423, Palm Views East

Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 423 · DLD and Ejari recordsUpdated 27 July 2026
Last soldAED 1.13M20 June 2023
Current rentAED 70K /yr27 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 423, Palm Views East

What is 423 worth today?

Last sold for AED 1,130,000 in 2023

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27 Jul 2026RentedNew contract
AED 70,000/yr12 months · AED 139 per sqft
20 Sep 2025RentedNew contract
AED 85,000/yr24 months · AED 168 per sqft
16 Sep 2024RentedNew contract
AED 80,000/yr12 months · AED 158 per sqft
20 Jun 2023SoldReady
AED 1,130,000AED 2,237 per sqft
25 May 2023RentedRenewal
AED 67,000/yr12 months · AED 135 per sqft
25 May 2022RentedNew contract
AED 63,000/yr12 months · AED 125 per sqft
15 Dec 2018RentedNew contract
AED 70,000/yr12 months · AED 138 per sqft
9 Jun 2015Sold by developerOff-plan
AED 1,050,000AED 2,079 per sqft

Source: Dubai Land Department. Updated 27 July 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 1.13M · June 2023

About 423, Palm Views East

423 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 20 June 2023 for AED 1,130,000, or AED 2,237 per sqft, in line with the AED 2,184 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 27 July 2026, is AED 70,000 a year: a gross yield of 6.2% on the 2023 price, before the service charge of about AED 13,400 a year.

Sales and rents for 423 over time

Sales
Unit 423, 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, June 2015: AED 1,050,000 (AED 2,079 per sqft)Sold, June 2023: AED 1,130,000 (AED 2,237 per sqft)

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

Rents
Unit 423, 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, December 2018: AED 70,000 a yearNew contract, May 2022: AED 63,000 a yearRenewal, May 2023: AED 67,000 a yearNew contract, September 2024: AED 80,000 a yearNew contract, September 2025: AED 85,000 a yearNew contract, July 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 423 sits

All 95 studios →

423 last sold in June 2023 at AED 2,237 per sqft, in line with what studios in Palm Views East were fetching at the time (AED 2,184). 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. 423'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
407StudioAED 850K · Mar 2021
1–7 of 23

423, Palm Views East in numbers

  • Sold twice: first on 9 June 2015 for AED 1,050,000, last on 20 June 2023 for AED 1,130,000 (AED 2,237 per sqft).
  • Rented since December 2018 on 6 Ejari contracts, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2023 price is 6.2%, 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 27 July 2026.

Questions about 423, Palm Views East

What did unit 423 last sell for?

AED 1,130,000 on 20 June 2023: AED 2,237 per sqft for 505 sqft. The unit has 2 registered sales; the first was AED 1,050,000 in June 2015.

What is the rent for unit 423?

AED 70,000 a year on the contract signed on 27 July 2026. The previous contract, from September 2025, was AED 85,000; the unit has been rented since December 2018.

How big is unit 423?

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

What is unit 423 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 423, Palm Views East

Starts from the last sale price (AED 1.13M, 20 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,130,000
Deposit, UAE resident (20%)
AED 226,000
Deposit, non-resident (40%)
AED 452,000
Monthly over 25 years at 3.7%
AED 4,623

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