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

122, Palm Views West

Sold prices and rental history: sold 6 times, last in December 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 122 · DLD and Ejari recordsUpdated 17 December 2024
Last soldAED 1.53M16 December 2024
Current rentAED 110K /yr17 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 122, Palm Views West

What is 122 worth today?

Last sold for AED 1,525,000 in 2024

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17 Dec 2024RentedNew contract
AED 110,000/yr12 months · AED 200 per sqft
16 Dec 2024SoldReady
AED 1,525,000AED 2,780 per sqft
24 Jul 2024SoldReady
AED 1,470,000AED 2,679 per sqft
4 Apr 2024SoldReady
AED 920,000AED 1,677 per sqft
2 Dec 2022RentedNew contract
AED 45,000/yr12 months · AED 82 per sqft
21 Sep 2022SoldReady
AED 975,000AED 1,777 per sqft
2 Dec 2021RentedRenewal
AED 45,000/yr12 months · AED 82 per sqft
2 Dec 2020RentedNew contract
AED 45,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 17 December 2024.

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 1.53M · December 2024
Building
Palm Views West

About 122, Palm Views West

122 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 16 December 2024 for AED 1,525,000, or AED 2,780 per sqft, 6% above the AED 2,635 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 17 December 2024, is AED 110,000 a year: a gross yield of 7.2% on the 2024 price, before the service charge of about AED 14,600 a year.

Sales and rents for 122 over time

Sales
Unit 122, 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, October 2014: AED 1,050,000 (AED 1,914 per sqft)Sold, March 2015: AED 1,270,000 (AED 2,315 per sqft)Sold, September 2022: AED 975,000 (AED 1,777 per sqft)Sold, April 2024: AED 920,000 (AED 1,677 per sqft)Sold, July 2024: AED 1,470,000 (AED 2,679 per sqft)Sold, December 2024: AED 1,525,000 (AED 2,780 per sqft)

122 has sold 6 times; the dashed line is the studio median of each year in the building.

Rents
Unit 122, each contractTypical studio in Palm Views West
50K100K2016201920222025Typical 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, July 2016: AED 120,000 a yearNew contract, May 2017: AED 90,000 a yearNew contract, December 2017: AED 60,000 a yearRenewal, December 2018: AED 64,000 a yearNew contract, December 2020: AED 45,000 a yearRenewal, December 2021: AED 45,000 a yearNew contract, December 2022: AED 45,000 a yearNew contract, December 2024: AED 110,000 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 122 sits

All 94 studios →

122 last sold in December 2024 at AED 2,780 per sqft, 6% above what studios in Palm Views West were fetching at the time (AED 2,635). 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. 122's AED 110,000 is in the upper 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

122, Palm Views West in numbers

  • Sold 6 times: first on 28 October 2014 for AED 1,050,000, last on 16 December 2024 for AED 1,525,000 (AED 2,780 per sqft).
  • Rented since July 2016 on 8 Ejari contracts. The rent fell from AED 120,000 to AED 45,000 in 2022 and recovered to AED 110,000 by December 2024.
  • At AED 110,000 a year the gross yield on the 2024 price is 7.2%, 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 17 December 2024.

Questions about 122, Palm Views West

What did unit 122 last sell for?

AED 1,525,000 on 16 December 2024: AED 2,780 per sqft for 549 sqft. The unit has 6 registered sales; the first was AED 1,050,000 in October 2014.

What is the rent for unit 122?

AED 110,000 a year on the contract signed on 17 December 2024. The previous contract, from December 2022, was AED 45,000; the unit has been rented since July 2016.

How big is unit 122?

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

What is unit 122 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 122, Palm Views West

Starts from the last sale price (AED 1.53M, 16 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,525,000
Deposit, UAE resident (20%)
AED 305,000
Deposit, non-resident (40%)
AED 610,000
Monthly over 25 years at 3.7%
AED 6,239

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