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Studio · 549 sqftPalm Views West, Palm Jumeirah · 1st floor · completed 2014

109, Palm Views West

Sold prices and rental history: sold twice, last in June 2016, and rented once, from November 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 109 · DLD and Ejari recordsUpdated 20 November 2020
Last soldAED 1.08M22 June 2016
Current rentAED 59K /yr20 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 109, Palm Views West

What is 109 worth today?

Last sold for AED 1,075,000 in 2016

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20 Nov 2020RentedNew contract
AED 59,000/yr12 months · AED 107 per sqft
22 Jun 2016SoldOff-plan
AED 1,075,000AED 1,958 per sqft
7 May 2015Sold by developerOff-plan
AED 1,000,000AED 1,821 per sqft

Source: Dubai Land Department. Updated 20 November 2020.

Key facts

Type
Studio apartment
Size
549 sqft
Floor
1st of 4
Parking
nan
Developer
The Palm - Jumeirah Co
Completed
2014
Service charge
AED 14,600 /yr
Last sold
AED 1.08M · June 2016
Building
Palm Views West

About 109, Palm Views West

109 is a studio of 549 sqft on the 1st floor of Palm Views West, a 4-storey tower in Palm Jumeirah completed in 2014 by The Palm - Jumeirah Co. It last sold on 22 June 2016 for AED 1,075,000, or AED 1,958 per sqft, in line with the AED 1,972 studios in the building were fetching at the time.

One Ejari contract is registered, from 20 November 2020. The current contract, signed on 20 November 2020, is AED 59,000 a year: a gross yield of 5.5% on the 2016 price, before the service charge of about AED 14,600 a year.

Sales and rents for 109 over time

Sales
Unit 109, each saleTypical studio in Palm Views West
500K1M1.5M2013201720212025Typical sale price by year: 2013 AED 1,050,000; 2014 AED 1,050,000; 2015 AED 1,000,000; 2016 AED 1,100,000; 2017 AED 1,177,500; 2018 AED 950,000; 2020 AED 645,000; 2021 AED 887,500; 2022 AED 965,000; 2023 AED 1,287,500; 2024 AED 1,440,000; 2025 AED 1,477,500; 2026 AED 1,275,000Sold by developer, May 2015: AED 1,000,000 (AED 1,821 per sqft)Sold, June 2016: AED 1,075,000 (AED 1,958 per sqft)

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

Rents
Unit 109, each contractTypical studio in Palm Views West
60K80K2016201920222025Typical rent by year: 2016 AED 80,000; 2017 AED 75,600; 2018 AED 70,000; 2019 AED 63,000; 2020 AED 55,000; 2021 AED 55,000; 2022 AED 65,000; 2023 AED 80,000; 2024 AED 80,000; 2025 AED 85,000; 2026 AED 80,000New contract, November 2020: AED 59,000 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 West, and where 109 sits

All 94 studios →

109 last sold in June 2016 at AED 1,958 per sqft, in line with what studios in Palm Views West were fetching at the time (AED 1,972). Over the last 12 months studios sold for AED 1,250,000 to 1,600,000, around AED 2,350 per sqft, and rent for AED 35,000 to 120,000 a year. 109's AED 59,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
29 Aug 20261,300,000
7 May 20261,250,000
29 Apr 20261,550,000
23 Apr 20261,250,000
6 studio sales in the last 12 months

Palm Views West

Building

95 apartments, studios to 1-bed over 4 floors in Palm Jumeirah, completed in 2014 by The Palm - Jumeirah Co. 7 sold in the last 12 months.

Typical price per sqft
AED 2,351
Typical sale
AED 1.3M
Typical rent
AED 85K /yr
Typical yield
6.6%
Palm Views West, Palm Jumeirah: prices, sales and rents →

Other units on the 1st floor

All 95 units in Palm Views West
Value
101StudioAED 1.1M · Oct 2013
102StudioAED 1.25M · May 2026
103StudioAED 1.47M · Nov 2024
104StudioAED 1.39M · Jun 2014
105StudioAED 645K · Jan 2025
106StudioAED 1.1M · Jul 2015
107StudioAED 1.38M · May 2024
1–7 of 23

109, Palm Views West in numbers

  • Sold twice: first on 7 May 2015 for AED 1,000,000, last on 22 June 2016 for AED 1,075,000 (AED 1,958 per sqft).
  • Rented since November 2020 on one Ejari contract, at AED 59,000 a year.
  • At AED 59,000 a year the gross yield on the 2016 price is 5.5%, before a service charge of about AED 14,600 a year (AED 26.58 per sqft).
  • Studios in Palm Views West sold for AED 1,250,000–1,600,000 in the 12 months to November 2026; the building's median across all types is AED 2,351 per sqft.

Source: Dubai Land Department. Updated 20 November 2020.

Questions about 109, Palm Views West

What did unit 109 last sell for?

AED 1,075,000 on 22 June 2016: AED 1,958 per sqft for 549 sqft. The unit has 2 registered sales; the first was AED 1,000,000 in May 2015.

What is the rent for unit 109?

AED 59,000 a year on the contract signed on 20 November 2020.

How big is unit 109?

549 sqft (51.0 sqm): a studio on the 1st floor of a 4-storey tower completed in 2014.

What is unit 109 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Palm Views West sold for AED 1,250,000 to 1,600,000 in the last 12 months, around AED 2,350 per sqft.

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Mortgage on 109, Palm Views West

Starts from the last sale price (AED 1.08M, 22 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,075,000
Deposit, UAE resident (20%)
AED 215,000
Deposit, non-resident (40%)
AED 430,000
Monthly over 25 years at 3.7%
AED 4,398

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