Studio · 548 sqftPalm Views West, Palm Jumeirah · 3rd floor · completed 2014

316, Palm Views West

Sold prices and rental history: sold 3 times, last in July 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 316 · DLD and Ejari recordsUpdated 20 July 2022
Last soldAED 960K20 July 2022
Current rentAED 48K /yr12 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 316, Palm Views West

What is 316 worth today?

Last sold for AED 960,000 in 2022

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20 Jul 2022SoldReady
AED 960,000AED 1,751 per sqft
12 Nov 2020RentedRenewal
AED 48,000/yr12 months · AED 87 per sqft
12 Nov 2019RentedRenewal
AED 55,000/yr12 months · AED 100 per sqft
12 Nov 2018RentedRenewal
AED 64,000/yr12 months · AED 117 per sqft
12 Nov 2017RentedNew contract
AED 60,000/yr12 months · AED 109 per sqft
3 Feb 2016SoldOff-plan
AED 1,150,000AED 2,098 per sqft
3 Feb 2015Sold by developerOff-plan
AED 1,000,000AED 1,824 per sqft

Source: Dubai Land Department. Updated 20 July 2022.

Key facts

Type
Studio apartment
Size
548 sqft
Floor
3rd of 4
Parking
nan
Developer
The Palm - Jumeirah Co
Completed
2014
Service charge
AED 14,600 /yr
Last sold
AED 960K · July 2022

About 316, Palm Views West

316 is a studio of 548 sqft on the 3rd floor of Palm Views West, a 4-storey tower in Palm Jumeirah completed in 2014 by The Palm - Jumeirah Co. It last sold on 20 July 2022 for AED 960,000, or AED 1,751 per sqft, in line with the AED 1,721 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 12 November 2020, is AED 48,000 a year: a gross yield of 5.0% on the 2022 price, before the service charge of about AED 14,600 a year.

Sales and rents for 316 over time

Sales
Unit 316, 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, February 2015: AED 1,000,000 (AED 1,824 per sqft)Sold, February 2016: AED 1,150,000 (AED 2,098 per sqft)Sold, July 2022: AED 960,000 (AED 1,751 per sqft)

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

Rents
Unit 316, 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, November 2017: AED 60,000 a yearRenewal, November 2018: AED 64,000 a yearRenewal, November 2019: AED 55,000 a yearRenewal, November 2020: AED 48,000 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 316 sits

All 94 studios →

316 last sold in July 2022 at AED 1,751 per sqft, in line with what studios in Palm Views West were fetching at the time (AED 1,721). 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. 316's AED 48,000 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 3rd floor

All 95 units in Palm Views West
Value
302StudioAED 1.69M · Mar 2025
303StudioAED 1.1M · Jul 2015
304StudioAED 1.43M · Aug 2025
305StudioAED 1.54M · Mar 2025
306StudioAED 800K · Mar 2022
307StudioAED 1.6M · Dec 2025
308StudioAED 1.38M · Sep 2025
1–7 of 22

316, Palm Views West in numbers

  • Sold 3 times: first on 3 February 2015 for AED 1,000,000, last on 20 July 2022 for AED 960,000 (AED 1,751 per sqft).
  • Rented since November 2017 on 4 Ejari contracts, from AED 60,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2022 price is 5.0%, 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 20 July 2022.

Questions about 316, Palm Views West

What did unit 316 last sell for?

AED 960,000 on 20 July 2022: AED 1,751 per sqft for 548 sqft. The unit has 3 registered sales; the first was AED 1,000,000 in February 2015.

What is the rent for unit 316?

AED 48,000 a year on the contract renewed on 12 November 2020. The previous contract, from November 2019, was AED 55,000; the unit has been rented since November 2017.

How big is unit 316?

548 sqft (50.9 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2014.

What is unit 316 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 316, Palm Views West

Starts from the last sale price (AED 960K, 20 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 960,000
Deposit, UAE resident (20%)
AED 192,000
Deposit, non-resident (40%)
AED 384,000
Monthly over 25 years at 3.7%
AED 3,928

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