Studio · 505 sqftPalm Views West, Palm Jumeirah · 4th floor · completed 2014

407, Palm Views West

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

Unit 407 · DLD and Ejari recordsUpdated 2 July 2025
Last soldAED 1.17M10 August 2017
Current rentAED 76K /yr2 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Palm Views West

What is 407 worth today?

Last sold for AED 1,170,000 in 2017

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2 Jul 2025RentedRenewal
AED 76,230/yr12 months · AED 151 per sqft
2 Jul 2024RentedRenewal
AED 72,600/yr12 months · AED 144 per sqft
2 Jul 2023RentedRenewal
AED 66,000/yr12 months · AED 131 per sqft
2 Jul 2022RentedNew contract
AED 60,000/yr12 months · AED 119 per sqft
1 Nov 2021RentedNew contract
AED 55,000/yr3 months · AED 109 per sqft
1 Nov 2020RentedRenewal
AED 55,000/yr12 months · AED 109 per sqft
1 Nov 2019RentedRenewal
AED 62,500/yr12 months · AED 124 per sqft
1 Nov 2018RentedNew contract
AED 65,000/yr12 months · AED 129 per sqft

Source: Dubai Land Department. Updated 2 July 2025.

Key facts

Type
Studio apartment
Size
505 sqft
Floor
4th of 4
Parking
nan
Developer
The Palm - Jumeirah Co
Completed
2014
Service charge
AED 13,400 /yr
Last sold
AED 1.17M · August 2017

About 407, Palm Views West

407 is a studio of 505 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 10 August 2017 for AED 1,170,000, or AED 2,316 per sqft, 6% above the AED 2,181 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, renewed on 2 July 2025, is AED 76,230 a year: a gross yield of 6.5% on the 2017 price, before the service charge of about AED 13,400 a year.

Sales and rents for 407 over time

Sales
Unit 407, 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, April 2015: AED 1,000,000 (AED 1,980 per sqft)Sold, August 2017: AED 1,170,000 (AED 2,316 per sqft)

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

Rents
Unit 407, 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, October 2017: AED 65,000 a yearNew contract, November 2018: AED 65,000 a yearRenewal, November 2019: AED 62,500 a yearRenewal, November 2020: AED 55,000 a yearNew contract, November 2021: AED 55,000 a yearNew contract, July 2022: AED 60,000 a yearRenewal, July 2023: AED 66,000 a yearRenewal, July 2024: AED 72,600 a yearRenewal, July 2025: AED 76,230 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 407 sits

All 94 studios →

407 last sold in August 2017 at AED 2,316 per sqft, 6% above what studios in Palm Views West were fetching at the time (AED 2,181). 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. 407's AED 76,230 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 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
406StudioAED 1.46M · Feb 2025
408StudioAED 1.29M · Apr 2015
1–7 of 23

407, Palm Views West in numbers

  • Sold twice: first on 9 April 2015 for AED 1,000,000, last on 10 August 2017 for AED 1,170,000 (AED 2,316 per sqft).
  • Rented since October 2017 on 9 Ejari contracts. The rent fell from AED 65,000 to AED 55,000 in 2021 and recovered to AED 76,230 by July 2025.
  • At AED 76,230 a year the gross yield on the 2017 price is 6.5%, 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 2 July 2025.

Questions about 407, Palm Views West

What did unit 407 last sell for?

AED 1,170,000 on 10 August 2017: AED 2,316 per sqft for 505 sqft. The unit has 2 registered sales; the first was AED 1,000,000 in April 2015.

What is the rent for unit 407?

AED 76,230 a year on the contract renewed on 2 July 2025. The previous contract, from July 2024, was AED 72,600; the unit has been rented since October 2017.

How big is unit 407?

505 sqft (46.9 sqm): a studio on the 4th floor of a 4-storey tower completed in 2014.

What is unit 407 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 407, Palm Views West

Starts from the last sale price (AED 1.17M, 10 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,170,000
Deposit, UAE resident (20%)
AED 234,000
Deposit, non-resident (40%)
AED 468,000
Monthly over 25 years at 3.7%
AED 4,787

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