Studio · 547 sqftPalm Views West, Palm Jumeirah · 3rd floor · completed 2014

318, Palm Views West

Sold prices and rental history: sold twice, last in July 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 318 · DLD and Ejari recordsUpdated 14 July 2022
Last soldAED 945K14 July 2022
Current rentAED 48K /yr3 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 318, Palm Views West

What is 318 worth today?

Last sold for AED 945,000 in 2022

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14 Jul 2022SoldReady
AED 945,000AED 1,728 per sqft
3 Nov 2021RentedRenewal
AED 48,000/yr12 months · AED 87 per sqft
3 Nov 2020RentedRenewal
AED 48,000/yr12 months · AED 87 per sqft
3 Nov 2019RentedNew contract
AED 60,000/yr12 months · AED 109 per sqft
9 Oct 2018RentedRenewal
AED 67,500/yr12 months · AED 123 per sqft
9 Oct 2017RentedNew contract
AED 64,000/yr12 months · AED 117 per sqft
12 Jul 2016RentedNew contract
AED 120,000/yr12 months · AED 219 per sqft
7 Sep 2015Sold by developerOff-plan
AED 1,000,000AED 1,828 per sqft

Source: Dubai Land Department. Updated 14 July 2022.

Key facts

Type
Studio apartment
Size
547 sqft
Floor
3rd of 4
Parking
nan
Developer
The Palm - Jumeirah Co
Completed
2014
Service charge
AED 14,500 /yr
Last sold
AED 945K · July 2022

About 318, Palm Views West

318 is a studio of 547 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 14 July 2022 for AED 945,000, or AED 1,728 per sqft, in line with the AED 1,709 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 3 November 2021, is AED 48,000 a year: a gross yield of 5.1% on the 2022 price, before the service charge of about AED 14,500 a year.

Sales and rents for 318 over time

Sales
Unit 318, 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, September 2015: AED 1,000,000 (AED 1,828 per sqft)Sold, July 2022: AED 945,000 (AED 1,728 per sqft)

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

Rents
Unit 318, each contractTypical studio in Palm Views West
50K100K2016201920222025Typical 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, July 2016: AED 120,000 a yearNew contract, October 2017: AED 64,000 a yearRenewal, October 2018: AED 67,500 a yearNew contract, November 2019: AED 60,000 a yearRenewal, November 2020: AED 48,000 a yearRenewal, November 2021: 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 318 sits

All 94 studios →

318 last sold in July 2022 at AED 1,728 per sqft, in line with what studios in Palm Views West were fetching at the time (AED 1,709). 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. 318'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

318, Palm Views West in numbers

  • Sold twice: first on 7 September 2015 for AED 1,000,000, last on 14 July 2022 for AED 945,000 (AED 1,728 per sqft).
  • Rented since July 2016 on 6 Ejari contracts, from AED 120,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2022 price is 5.1%, before a service charge of about AED 14,500 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 14 July 2022.

Questions about 318, Palm Views West

What did unit 318 last sell for?

AED 945,000 on 14 July 2022: AED 1,728 per sqft for 547 sqft. The unit has 2 registered sales; the first was AED 1,000,000 in September 2015.

What is the rent for unit 318?

AED 48,000 a year on the contract renewed on 3 November 2021. The previous contract, from November 2020, was AED 48,000; the unit has been rented since July 2016.

How big is unit 318?

547 sqft (50.8 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2014.

What is unit 318 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 318, Palm Views West

Starts from the last sale price (AED 945K, 14 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 945,000
Deposit, UAE resident (20%)
AED 189,000
Deposit, non-resident (40%)
AED 378,000
Monthly over 25 years at 3.7%
AED 3,866

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