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

421, Palm Views West

Sold prices and rental history: sold 3 times, last in March 2023, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 421 · DLD and Ejari recordsUpdated 14 March 2023
Last soldAED 1.28M14 March 2023
Current rentAED 65K /yr24 March 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 421, Palm Views West

What is 421 worth today?

Last sold for AED 1,275,000 in 2023

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14 Mar 2023SoldReady
AED 1,275,000AED 2,520 per sqft
14 Dec 2020SoldReady
AED 640,000AED 1,265 per sqft
24 Mar 2019RentedNew contract
AED 65,000/yr12 months · AED 128 per sqft
1 Nov 2018RentedNew contract
AED 65,000/yr12 months · AED 128 per sqft
28 Jul 2015Sold by developerOff-plan
AED 1,050,000AED 2,075 per sqft

Source: Dubai Land Department. Updated 14 March 2023.

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 1.28M · March 2023

About 421, Palm Views West

421 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 14 March 2023 for AED 1,275,000, or AED 2,520 per sqft, 33% above the AED 1,896 studios in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 24 March 2019, is AED 65,000 a year: a gross yield of 5.1% on the 2023 price, before the service charge of about AED 13,400 a year.

Sales and rents for 421 over time

Sales
Unit 421, 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, July 2015: AED 1,050,000 (AED 2,075 per sqft)Sold, December 2020: AED 640,000 (AED 1,265 per sqft)Sold, March 2023: AED 1,275,000 (AED 2,520 per sqft)

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

Rents
Unit 421, 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 2018: AED 65,000 a yearNew contract, March 2019: AED 65,000 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 421 sits

All 94 studios →

421 last sold in March 2023 at AED 2,520 per sqft, 33% above what studios in Palm Views West were fetching at the time (AED 1,896). 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. 421's AED 65,000 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 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

421, Palm Views West in numbers

  • Sold 3 times: first on 28 July 2015 for AED 1,050,000, last on 14 March 2023 for AED 1,275,000 (AED 2,520 per sqft).
  • Rented since November 2018 on 2 Ejari contracts, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2023 price is 5.1%, 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 14 March 2023.

Questions about 421, Palm Views West

What did unit 421 last sell for?

AED 1,275,000 on 14 March 2023: AED 2,520 per sqft for 506 sqft. The unit has 3 registered sales; the first was AED 1,050,000 in July 2015.

What is the rent for unit 421?

AED 65,000 a year on the contract signed on 24 March 2019. The previous contract, from November 2018, was AED 65,000.

How big is unit 421?

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

What is unit 421 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 421, Palm Views West

Starts from the last sale price (AED 1.28M, 14 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,275,000
Deposit, UAE resident (20%)
AED 255,000
Deposit, non-resident (40%)
AED 510,000
Monthly over 25 years at 3.7%
AED 5,216

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