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

208, Palm Views West

Sold prices and rental history: sold twice, last in February 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 208 · DLD and Ejari recordsUpdated 7 February 2022
Last soldAED 930K7 February 2022
Current rentAED 50K /yr7 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 208, Palm Views West

What is 208 worth today?

Last sold for AED 930,000 in 2022

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7 Feb 2022SoldReady
AED 930,000AED 1,696 per sqft
7 Mar 2021RentedNew contract
AED 50,000/yr12 months · AED 91 per sqft
12 Nov 2020RentedNew contract
AED 48,000/yr12 months · AED 87 per sqft
1 Mar 2019RentedNew contract
AED 60,000/yr12 months · AED 109 per sqft
25 Sep 2018RentedNew contract
AED 70,000/yr12 months · AED 128 per sqft
17 Aug 2017RentedNew contract
AED 79,250/yr12 months · AED 144 per sqft
7 Jul 2015Sold by developerOff-plan
AED 1,000,000AED 1,824 per sqft

Source: Dubai Land Department. Updated 7 February 2022.

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 930K · February 2022

About 208, Palm Views West

208 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 7 February 2022 for AED 930,000, or AED 1,696 per sqft, in line with the AED 1,664 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 7 March 2021, is AED 50,000 a year: a gross yield of 5.4% on the 2022 price, before the service charge of about AED 14,600 a year.

Sales and rents for 208 over time

Sales
Unit 208, 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, July 2015: AED 1,000,000 (AED 1,824 per sqft)Sold, February 2022: AED 930,000 (AED 1,696 per sqft)

208 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 208, 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, August 2017: AED 79,250 a yearNew contract, September 2018: AED 70,000 a yearNew contract, March 2019: AED 60,000 a yearNew contract, November 2020: AED 48,000 a yearNew contract, March 2021: AED 50,000 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 208 sits

All 94 studios →

208 last sold in February 2022 at AED 1,696 per sqft, in line with what studios in Palm Views West were fetching at the time (AED 1,664). 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. 208's AED 50,000 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
203StudioAED 900K · Apr 2016
204StudioAED 1.3M · Jul 2023
205StudioAED 1.35M · Jan 2025
206StudioAED 800K · Mar 2022
207StudioAED 800K · Mar 2022
1–7 of 23

208, Palm Views West in numbers

  • Sold twice: first on 7 July 2015 for AED 1,000,000, last on 7 February 2022 for AED 930,000 (AED 1,696 per sqft).
  • Rented since August 2017 on 5 Ejari contracts, from AED 79,250 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2022 price is 5.4%, 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 7 February 2022.

Questions about 208, Palm Views West

What did unit 208 last sell for?

AED 930,000 on 7 February 2022: AED 1,696 per sqft for 548 sqft. The unit has 2 registered sales; the first was AED 1,000,000 in July 2015.

What is the rent for unit 208?

AED 50,000 a year on the contract signed on 7 March 2021. The previous contract, from November 2020, was AED 48,000; the unit has been rented since August 2017.

How big is unit 208?

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

What is unit 208 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 208, Palm Views West

Starts from the last sale price (AED 930K, 7 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 930,000
Deposit, UAE resident (20%)
AED 186,000
Deposit, non-resident (40%)
AED 372,000
Monthly over 25 years at 3.7%
AED 3,805

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