Studio · 548 sqftPalm Views West, Palm Jumeirah · 1st floor · completed 2014

124, Palm Views West

Sold prices and rental history: sold once, by the developer in August 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 124 · DLD and Ejari recordsUpdated 25 November 2025
Last soldAED 1.05M21 August 2014
Current rentAED 79K /yr25 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 124, Palm Views West

What is 124 worth today?

Last sold for AED 1,050,000 in 2014

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25 Nov 2025RentedRenewal
AED 78,800/yr12 months · AED 144 per sqft
25 Nov 2024RentedRenewal
AED 75,000/yr12 months · AED 137 per sqft
25 Nov 2023RentedNew contract
AED 75,000/yr12 months · AED 137 per sqft
24 Apr 2023RentedNew contract
AED 75,000/yr12 months · AED 137 per sqft
21 Feb 2020RentedRenewal
AED 55,917/yr36 months · AED 102 per sqft
21 Feb 2019RentedRenewal
AED 73,000/yr12 months · AED 133 per sqft
21 Feb 2018RentedNew contract
AED 73,000/yr12 months · AED 133 per sqft
21 Aug 2014Sold by developerOff-plan
AED 1,050,000AED 1,915 per sqft

Source: Dubai Land Department. Updated 25 November 2025.

Key facts

Type
Studio apartment
Size
548 sqft
Floor
1st of 4
Parking
nan
Developer
The Palm - Jumeirah Co
Completed
2014
Service charge
AED 14,600 /yr
Last sold
AED 1.05M · August 2014

About 124, Palm Views West

124 is a studio of 548 sqft on the 1st floor of Palm Views West, a 4-storey tower in Palm Jumeirah completed in 2014 by The Palm - Jumeirah Co. The developer sold it on 21 August 2014 for AED 1,050,000, or AED 1,915 per sqft, in line with the AED 1,915 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 25 November 2025, is AED 78,800 a year: a gross yield of 7.5% on the 2014 price, before the service charge of about AED 14,600 a year.

Sales and rents for 124 over time

Sales
Unit 124, 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, August 2014: AED 1,050,000 (AED 1,915 per sqft)

124 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 124, 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, February 2018: AED 73,000 a yearRenewal, February 2019: AED 73,000 a yearRenewal, February 2020: AED 55,917 a yearNew contract, April 2023: AED 75,000 a yearNew contract, November 2023: AED 75,000 a yearRenewal, November 2024: AED 75,000 a yearRenewal, November 2025: AED 78,800 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 124 sits

All 94 studios →

124 last sold in August 2014 at AED 1,915 per sqft, in line with what studios in Palm Views West were fetching at the time (AED 1,915). 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. 124's AED 78,800 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

124, Palm Views West in numbers

  • Sold once: by The Palm - Jumeirah Co on 21 August 2014 for AED 1,050,000, or AED 1,915 per sqft.
  • Rented since February 2018 on 7 Ejari contracts. The rent fell from AED 73,000 to AED 55,917 in 2020 and recovered to AED 78,800 by November 2025.
  • At AED 78,800 a year the gross yield on the 2014 price is 7.5%, 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 25 November 2025.

Questions about 124, Palm Views West

What did unit 124 last sell for?

AED 1,050,000 on 21 August 2014, sold by the developer: AED 1,915 per sqft for 548 sqft. It is the only registered sale of the unit.

What is the rent for unit 124?

AED 78,800 a year on the contract renewed on 25 November 2025. The previous contract, from November 2024, was AED 75,000; the unit has been rented since February 2018.

How big is unit 124?

548 sqft (50.9 sqm): a studio on the 1st floor of a 4-storey tower completed in 2014.

What is unit 124 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 124, Palm Views West

Starts from the last sale price (AED 1.05M, 21 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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