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Studio · 550 sqftPalm Views West, Palm Jumeirah · 2nd floor · completed 2014

203, Palm Views West

Sold prices and rental history: sold 3 times, last in April 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 23 February 2025
Last soldAED 900K27 April 2016
Current rentAED 61K /yr23 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 203, Palm Views West

What is 203 worth today?

Last sold for AED 900,000 in 2016

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23 Feb 2025RentedRenewal
AED 61,000/yr12 months · AED 111 per sqft
23 Feb 2024RentedRenewal
AED 61,000/yr12 months · AED 111 per sqft
22 Feb 2023RentedRenewal
AED 53,845/yr12 months · AED 98 per sqft
22 Feb 2022RentedRenewal
AED 54,000/yr12 months · AED 98 per sqft
22 Feb 2021RentedNew contract
AED 47,000/yr12 months · AED 86 per sqft
1 Mar 2020RentedRenewal
AED 69,000/yr5 months · AED 126 per sqft
1 Mar 2019RentedRenewal
AED 69,000/yr12 months · AED 126 per sqft
1 Mar 2018RentedNew contract
AED 72,000/yr12 months · AED 131 per sqft

Source: Dubai Land Department. Updated 23 February 2025.

Key facts

Type
Studio apartment
Size
550 sqft
Floor
2nd of 4
Parking
nan
Developer
The Palm - Jumeirah Co
Completed
2014
Service charge
AED 14,600 /yr
Last sold
AED 900K · April 2016
Building
Palm Views West

About 203, Palm Views West

203 is a studio of 550 sqft on the 2nd floor of Palm Views West, a 4-storey tower in Palm Jumeirah completed in 2014 by The Palm - Jumeirah Co. It last sold on 27 April 2016 for AED 900,000, or AED 1,637 per sqft, 17% below the AED 1,983 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 23 February 2025, is AED 61,000 a year: a gross yield of 6.8% on the 2016 price, before the service charge of about AED 14,600 a year.

Sales and rents for 203 over time

Sales
Unit 203, 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 2015: AED 1,050,000 (AED 1,910 per sqft)Sold, September 2015: AED 1,180,000 (AED 2,147 per sqft)Sold, April 2016: AED 900,000 (AED 1,637 per sqft)

203 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 203, 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, March 2018: AED 72,000 a yearRenewal, March 2019: AED 69,000 a yearRenewal, March 2020: AED 69,000 a yearNew contract, February 2021: AED 47,000 a yearRenewal, February 2022: AED 54,000 a yearRenewal, February 2023: AED 53,845 a yearRenewal, February 2024: AED 61,000 a yearRenewal, February 2025: AED 61,000 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 203 sits

All 94 studios →

203 last sold in April 2016 at AED 1,637 per sqft, 17% below what studios in Palm Views West were fetching at the time (AED 1,983). 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. 203's AED 61,000 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 2nd floor

All 95 units in Palm Views West
Value
201StudioAED 1.18M · Apr 2023
202StudioAED 1.05M · Oct 2014
204StudioAED 1.3M · Jul 2023
205StudioAED 1.35M · Jan 2025
206StudioAED 800K · Mar 2022
207StudioAED 800K · Mar 2022
208StudioAED 930K · Feb 2022
1–7 of 23

203, Palm Views West in numbers

  • Sold 3 times: first on 31 August 2015 for AED 1,050,000, last on 27 April 2016 for AED 900,000 (AED 1,637 per sqft).
  • Rented since March 2018 on 8 Ejari contracts. The rent fell from AED 72,000 to AED 47,000 in 2021 and recovered to AED 61,000 by February 2025.
  • At AED 61,000 a year the gross yield on the 2016 price is 6.8%, 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 23 February 2025.

Questions about 203, Palm Views West

What did unit 203 last sell for?

AED 900,000 on 27 April 2016: AED 1,637 per sqft for 550 sqft. The unit has 3 registered sales; the first was AED 1,050,000 in August 2015.

What is the rent for unit 203?

AED 61,000 a year on the contract renewed on 23 February 2025. The previous contract, from February 2024, was AED 61,000; the unit has been rented since March 2018.

How big is unit 203?

550 sqft (51.1 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2014.

What is unit 203 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 203, Palm Views West

Starts from the last sale price (AED 900K, 27 April 2016). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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