118, Palm Views West
Sold prices and rental history: sold 3 times, last in April 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 118, Palm Views West
What is 118 worth today?
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Source: Dubai Land Department. Updated 18 April 2024.
Key facts
- Type
- Studio apartment
- Size
- 544 sqft
- Floor
- 1st of 4
- Parking
- nan
- Developer
- The Palm - Jumeirah Co
- Completed
- 2014
- Service charge
- AED 14,500 /yr
- Last sold
- AED 1.55M · April 2024
- Building
- Palm Views West
About 118, Palm Views West
118 is a studio of 544 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 18 April 2024 for AED 1,550,000, or AED 2,850 per sqft, 19% above the AED 2,392 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 20 April 2021, is AED 55,000 a year: a gross yield of 3.5% on the 2024 price, before the service charge of about AED 14,500 a year.
Sales and rents for 118 over time
118 has sold 3 times; 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 West, and where 118 sits
All 94 studios →118 last sold in April 2024 at AED 2,850 per sqft, 19% above what studios in Palm Views West were fetching at the time (AED 2,392). 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. 118's AED 55,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Aug 202629 August 2026 | 553 sqft | 1,300,000 | 2,351 | ||
| 7 May 20267 May 2026 | 549 sqft | 1,250,000 | 2,276 | ||
| 29 Apr 202629 April 2026 | 548 sqft | 1,550,000 | 2,827 | ||
| 23 Apr 202623 April 2026 | 549 sqft | 1,250,000 | 2,277 |
Palm Views West
Building95 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%
Other units on the 1st floor
All 95 units in Palm Views West| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | Studio | 549 sqft | AED 1.1MAED 1,102,500 · Oct 2013October 2013 | 73,000 /yr | |
| 102 | Studio | 549 sqft | AED 1.25MAED 1,250,000 · May 2026May 2026 | 82,000 /yr | |
| 103 | Studio | 548 sqft | AED 1.47MAED 1,472,000 · Nov 2024November 2024 | ||
| 104 | Studio | 548 sqft | AED 1.39MAED 1,386,000 · Jun 2014June 2014 | 80,000 /yr | |
| 105 | Studio | 274 sqft | AED 645KAED 645,000 · Jan 2025January 2025 | 80,000 /yr | |
| 106 | Studio | 549 sqft | AED 1.1MAED 1,100,000 · Jul 2015July 2015 | 85,000 /yr | |
| 107 | Studio | 548 sqft | AED 1.38MAED 1,380,000 · May 2024May 2024 | 35,000 /yr | |
| 108 | Studio | 548 sqft | AED 1.5MAED 1,500,000 · Sep 2025September 2025 | 100,000 /yr | |
| 109 | Studio | 549 sqft | AED 1.08MAED 1,075,000 · Jun 2016June 2016 | 59,000 /yr | |
| 110 | Studio | 554 sqft | AED 750KAED 750,000 · Mar 2019March 2019 | 70,000 /yr | |
| 111 | Studio | 543 sqft | AED 1.28MAED 1,275,000 · Apr 2026April 2026 | 90,000 /yr | |
| 112 | Studio | 548 sqft | AED 1.44MAED 1,440,000 · Dec 2024December 2024 | 53,000 /yr | |
| 113 | Studio | 549 sqft | AED 1MAED 1,000,000 · Jul 2015July 2015 | 85,000 /yr | |
| 114 | Studio | 544 sqft | AED 1.5MAED 1,500,000 · Sep 2025September 2025 | 110,000 /yr | |
| 115 | Studio | 543 sqft | AED 1.48MAED 1,475,000 · Nov 2025November 2025 | 120,000 /yr | |
| 116 | Studio | 548 sqft | AED 1.25MAED 1,250,000 · Dec 2015December 2015 | 80,000 /yr | |
| 117 | Studio | 549 sqft | AED 1.4MAED 1,400,000 · Sep 2025September 2025 | 110,000 /yr | |
| 119 | Studio | 553 sqft | AED 1.3MAED 1,300,000 · Aug 2026August 2026 | 71,500 /yr | |
| 120 | Studio | 548 sqft | AED 1.57MAED 1,570,000 · Jul 2025July 2025 | 75,000 /yr | |
| 121 | Studio | 549 sqft | AED 1.45MAED 1,450,000 · Jun 2025June 2025 | 85,000 /yr | |
| 122 | Studio | 549 sqft | AED 1.53MAED 1,525,000 · Dec 2024December 2024 | 110,000 /yr | |
| 123 | Studio | 548 sqft | AED 1.1MAED 1,100,000 · Apr 2017April 2017 | 89,751 /yr | |
| 124 | Studio | 548 sqft | AED 1.05MAED 1,050,000 · Aug 2014August 2014 | 78,800 /yr |
118, Palm Views West in numbers
- Sold 3 times: first on 13 November 2014 for AED 1,000,000, last on 18 April 2024 for AED 1,550,000 (AED 2,850 per sqft).
- Rented since May 2018 on 4 Ejari contracts, from AED 70,000 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2024 price is 3.5%, before a service charge of about AED 14,500 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 18 April 2024.
Questions about 118, Palm Views West
What did unit 118 last sell for?
AED 1,550,000 on 18 April 2024: AED 2,850 per sqft for 544 sqft. The unit has 3 registered sales; the first was AED 1,000,000 in November 2014.
What is the rent for unit 118?
AED 55,000 a year on the contract renewed on 20 April 2021. The previous contract, from April 2020, was AED 55,000; the unit has been rented since May 2018.
How big is unit 118?
544 sqft (50.5 sqm): a studio on the 1st floor of a 4-storey tower completed in 2014.
What is unit 118 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 118, Palm Views West
Starts from the last sale price (AED 1.55M, 18 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,550,000
- Deposit, UAE resident (20%)
- AED 310,000
- Deposit, non-resident (40%)
- AED 620,000
- Monthly over 25 years at 3.7%
- AED 6,342
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →