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

416, Palm Views West

Sold prices and rental history: sold 3 times, last in July 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 416 · DLD and Ejari recordsUpdated 22 July 2024
Last soldAED 1.53M22 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 416, Palm Views West

What is 416 worth today?

Last sold for AED 1,530,000 in 2024

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22 Jul 2024SoldReady
AED 1,530,000AED 3,029 per sqft
30 Jun 2022SoldReady
AED 1,125,000AED 2,227 per sqft
11 Oct 2015Sold by developerOff-plan
AED 1,000,000AED 1,980 per sqft

Source: Dubai Land Department. Updated 22 July 2024.

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 1.53M · July 2024

About 416, Palm Views West

416 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 22 July 2024 for AED 1,530,000, or AED 3,029 per sqft, 23% above the AED 2,463 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 416 over time

Sales
Unit 416, 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, October 2015: AED 1,000,000 (AED 1,980 per sqft)Sold, June 2022: AED 1,125,000 (AED 2,227 per sqft)Sold, July 2024: AED 1,530,000 (AED 3,029 per sqft)

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

Rents
Unit 416, 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 80,000

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 416 sits

All 94 studios →

416 last sold in July 2024 at AED 3,029 per sqft, 23% above what studios in Palm Views West were fetching at the time (AED 2,463). 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.

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
407StudioAED 1.17M · Aug 2017
1–7 of 23

416, Palm Views West in numbers

  • Sold 3 times: first on 11 October 2015 for AED 1,000,000, last on 22 July 2024 for AED 1,530,000 (AED 3,029 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 22 July 2024.

Questions about 416, Palm Views West

What did unit 416 last sell for?

AED 1,530,000 on 22 July 2024: AED 3,029 per sqft for 505 sqft. The unit has 3 registered sales; the first was AED 1,000,000 in October 2015.

How big is unit 416?

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

What is unit 416 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 416, Palm Views West

Starts from the last sale price (AED 1.53M, 22 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,530,000
Deposit, UAE resident (20%)
AED 306,000
Deposit, non-resident (40%)
AED 612,000
Monthly over 25 years at 3.7%
AED 6,260

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