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Studio · 506 sqftPalm Views West, Palm Jumeirah · 4th floor · completed 2014

406, Palm Views West

Sold prices and rental history: sold 3 times, last in February 2025, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 13 February 2025
Last soldAED 1.46M13 February 2025
Current rentAED 90K /yr5 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 406, Palm Views West

What is 406 worth today?

Last sold for AED 1,462,000 in 2025

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13 Feb 2025SoldReady
AED 1,462,000AED 2,889 per sqft
5 Feb 2024RentedNew contract
AED 90,000/yr12 months · AED 178 per sqft
8 Jan 2022RentedNew contract
AED 70,000/yr24 months · AED 138 per sqft
8 Nov 2021SoldReady
AED 1,000,000AED 1,976 per sqft
20 Dec 2020RentedRenewal
AED 45,000/yr12 months · AED 89 per sqft
20 Dec 2019RentedRenewal
AED 45,000/yr12 months · AED 89 per sqft
20 Dec 2018RentedNew contract
AED 64,000/yr12 months · AED 127 per sqft
8 Dec 2017RentedNew contract
AED 73,000/yr12 months · AED 144 per sqft

Source: Dubai Land Department. Updated 13 February 2025.

Key facts

Type
Studio apartment
Size
506 sqft
Floor
4th of 4
Parking
nan
Developer
The Palm - Jumeirah Co
Completed
2014
Service charge
AED 13,400 /yr
Last sold
AED 1.46M · February 2025
Building
Palm Views West

About 406, Palm Views West

406 is a studio of 506 sqft on the 4th floor of Palm Views West, a 4-storey tower in Palm Jumeirah completed in 2014 by The Palm - Jumeirah Co. It last sold on 13 February 2025 for AED 1,462,000, or AED 2,889 per sqft, 10% above the AED 2,633 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 5 February 2024, is AED 90,000 a year: a gross yield of 6.2% on the 2025 price, before the service charge of about AED 13,400 a year.

Sales and rents for 406 over time

Sales
Unit 406, 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, May 2015: AED 1,050,000 (AED 2,075 per sqft)Sold, November 2021: AED 1,000,000 (AED 1,976 per sqft)Sold, February 2025: AED 1,462,000 (AED 2,889 per sqft)

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

Rents
Unit 406, each contractTypical studio in Palm Views West
50K75K2016201920222025Typical 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 2017: AED 73,000 a yearNew contract, December 2018: AED 64,000 a yearRenewal, December 2019: AED 45,000 a yearRenewal, December 2020: AED 45,000 a yearNew contract, January 2022: AED 70,000 a yearNew contract, February 2024: AED 90,000 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 406 sits

All 94 studios →

406 last sold in February 2025 at AED 2,889 per sqft, 10% above what studios in Palm Views West were fetching at the time (AED 2,633). 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. 406's AED 90,000 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 4th floor

All 95 units in Palm Views West
Value
401StudioAED 1.2M · Nov 2022
402StudioAED 1.44M · Aug 2024
403StudioAED 1.2M · Nov 2015
404StudioAED 1.5M · May 2025
405StudioAED 1M · Oct 2013
407StudioAED 1.17M · Aug 2017
408StudioAED 1.29M · Apr 2015
1–7 of 23

406, Palm Views West in numbers

  • Sold 3 times: first on 6 May 2015 for AED 1,050,000, last on 13 February 2025 for AED 1,462,000 (AED 2,889 per sqft).
  • Rented since December 2017 on 6 Ejari contracts. The rent fell from AED 73,000 to AED 45,000 in 2020 and recovered to AED 90,000 by February 2024.
  • At AED 90,000 a year the gross yield on the 2025 price is 6.2%, before a service charge of about AED 13,400 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 13 February 2025.

Questions about 406, Palm Views West

What did unit 406 last sell for?

AED 1,462,000 on 13 February 2025: AED 2,889 per sqft for 506 sqft. The unit has 3 registered sales; the first was AED 1,050,000 in May 2015.

What is the rent for unit 406?

AED 90,000 a year on the contract signed on 5 February 2024. The previous contract, from January 2022, was AED 70,000; the unit has been rented since December 2017.

How big is unit 406?

506 sqft (47.0 sqm): a studio on the 4th floor of a 4-storey tower completed in 2014.

What is unit 406 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 406, Palm Views West

Starts from the last sale price (AED 1.46M, 13 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,462,000
Deposit, UAE resident (20%)
AED 292,400
Deposit, non-resident (40%)
AED 584,800
Monthly over 25 years at 3.7%
AED 5,981

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