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

423, Palm Views West

Sold prices and rental history: sold 4 times, last in August 2020, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 423 · DLD and Ejari recordsUpdated 12 July 2026
Last soldAED 650K13 August 2020
Current rentAED 65K /yr12 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 423, Palm Views West

What is 423 worth today?

Last sold for AED 650,000 in 2020

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

12 Jul 2026RentedNew contract
AED 65,000/yr12 months · AED 129 per sqft
12 Jul 2025RentedRenewal
AED 75,000/yr12 months · AED 148 per sqft
12 Jul 2025RentedRenewal
AED 75,000/yr12 months · AED 148 per sqft
12 Jul 2024RentedRenewal
AED 75,000/yr12 months · AED 148 per sqft
12 Jul 2023RentedNew contract
AED 75,000/yr12 months · AED 148 per sqft
1 Aug 2022RentedNew contract
AED 65,000/yr12 months · AED 128 per sqft
1 Mar 2021RentedNew contract
AED 47,000/yr12 months · AED 93 per sqft
13 Aug 2020SoldReady
AED 650,000AED 1,287 per sqft

Source: Dubai Land Department. Updated 12 July 2026.

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 650K · August 2020

About 423, Palm Views West

423 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 13 August 2020 for AED 650,000, or AED 1,287 per sqft, 4% above the AED 1,234 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 12 July 2026, is AED 65,000 a year: a gross yield of 10.0% on the 2020 price, before the service charge of about AED 13,400 a year.

Sales and rents for 423 over time

Sales
Unit 423, 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 2013: AED 1,050,000 (AED 2,079 per sqft)Sold, November 2015: AED 1,200,000 (AED 2,376 per sqft)Sold, August 2020: AED 650,000 (AED 1,287 per sqft)Sold, August 2020: AED 600,000 (AED 1,188 per sqft)

423 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 423, 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, December 2017: AED 60,000 a yearNew contract, March 2021: AED 47,000 a yearNew contract, August 2022: AED 65,000 a yearNew contract, July 2023: AED 75,000 a yearRenewal, July 2024: AED 75,000 a yearRenewal, July 2025: AED 75,000 a yearRenewal, July 2025: AED 75,000 a yearNew contract, July 2026: 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 423 sits

All 94 studios →

423 last sold in August 2020 at AED 1,287 per sqft, 4% above what studios in Palm Views West were fetching at the time (AED 1,234). 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. 423'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

423, Palm Views West in numbers

  • Sold 4 times: first on 2 October 2013 for AED 1,050,000, last on 13 August 2020 for AED 650,000 (AED 1,287 per sqft).
  • Rented since December 2017 on 8 Ejari contracts. The rent fell from AED 60,000 to AED 47,000 in 2021 and recovered to AED 65,000 by July 2026.
  • At AED 65,000 a year the gross yield on the 2020 price is 10.0%, 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 12 July 2026.

Questions about 423, Palm Views West

What did unit 423 last sell for?

AED 650,000 on 13 August 2020: AED 1,287 per sqft for 505 sqft. The unit has 4 registered sales; the first was AED 1,050,000 in October 2013.

What is the rent for unit 423?

AED 65,000 a year on the contract signed on 12 July 2026. The previous contract, from July 2025, was AED 75,000; the unit has been rented since December 2017.

How big is unit 423?

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

What is unit 423 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.

Selling 423? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 423, Palm Views West

Starts from the last sale price (AED 650K, 13 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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