Studio · 548 sqftPalm Views West, Palm Jumeirah · 2nd floor · completed 2014

204, Palm Views West

Sold prices and rental history: sold 4 times, last in July 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 8 December 2023
Last soldAED 1.3M19 July 2023
Current rentAED 105K /yr8 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Palm Views West

What is 204 worth today?

Last sold for AED 1,300,000 in 2023

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8 Dec 2023RentedNew contract
AED 105,000/yr12 months · AED 191 per sqft
19 Jul 2023SoldReady
AED 1,300,000AED 2,371 per sqft
1 Jun 2021RentedNew contract
AED 60,162/yr12 months · AED 110 per sqft
19 Dec 2020RentedNew contract
AED 60,000/yr12 months · AED 109 per sqft
11 Oct 2015SoldOff-plan
AED 1,150,000AED 2,098 per sqft
25 Jan 2015SoldOff-plan
AED 1,210,000AED 2,207 per sqft
19 Nov 2014Sold by developerOff-plan
AED 1,050,000AED 1,915 per sqft

Source: Dubai Land Department. Updated 8 December 2023.

Key facts

Type
Studio apartment
Size
548 sqft
Floor
2nd of 4
Parking
nan
Developer
The Palm - Jumeirah Co
Completed
2014
Service charge
AED 14,600 /yr
Last sold
AED 1.3M · July 2023

About 204, Palm Views West

204 is a studio of 548 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 19 July 2023 for AED 1,300,000, or AED 2,371 per sqft, 9% above the AED 2,174 studios in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 8 December 2023, is AED 105,000 a year: a gross yield of 8.1% on the 2023 price, before the service charge of about AED 14,600 a year.

Sales and rents for 204 over time

Sales
Unit 204, 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, November 2014: AED 1,050,000 (AED 1,915 per sqft)Sold, January 2015: AED 1,210,000 (AED 2,207 per sqft)Sold, October 2015: AED 1,150,000 (AED 2,098 per sqft)Sold, July 2023: AED 1,300,000 (AED 2,371 per sqft)

204 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 204, each contractTypical studio in Palm Views West
50K75K100K2016201920222025Typical 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, December 2020: AED 60,000 a yearNew contract, June 2021: AED 60,162 a yearNew contract, December 2023: AED 105,000 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 204 sits

All 94 studios →

204 last sold in July 2023 at AED 2,371 per sqft, 9% above what studios in Palm Views West were fetching at the time (AED 2,174). 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. 204's AED 105,000 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 2nd floor

All 95 units in Palm Views West
Value
201StudioAED 1.18M · Apr 2023
202StudioAED 1.05M · Oct 2014
203StudioAED 900K · Apr 2016
205StudioAED 1.35M · Jan 2025
206StudioAED 800K · Mar 2022
207StudioAED 800K · Mar 2022
208StudioAED 930K · Feb 2022
1–7 of 23

204, Palm Views West in numbers

  • Sold 4 times: first on 19 November 2014 for AED 1,050,000, last on 19 July 2023 for AED 1,300,000 (AED 2,371 per sqft).
  • Rented since December 2020 on 3 Ejari contracts, from AED 60,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2023 price is 8.1%, 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 8 December 2023.

Questions about 204, Palm Views West

What did unit 204 last sell for?

AED 1,300,000 on 19 July 2023: AED 2,371 per sqft for 548 sqft. The unit has 4 registered sales; the first was AED 1,050,000 in November 2014.

What is the rent for unit 204?

AED 105,000 a year on the contract signed on 8 December 2023. The previous contract, from June 2021, was AED 60,162; the unit has been rented since December 2020.

How big is unit 204?

548 sqft (50.9 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2014.

What is unit 204 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 204, Palm Views West

Starts from the last sale price (AED 1.3M, 19 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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