Studio · 548 sqftPalm Views East, Palm Jumeirah · 1st floor · completed 2014

103, Palm Views East

Sold prices and rental history: sold 4 times, last in August 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 5 August 2022
Last soldAED 1.08M5 August 2022
Current rentAED 55K /yr2 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Palm Views East

What is 103 worth today?

Last sold for AED 1,075,000 in 2022

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5 Aug 2022SoldReady
AED 1,075,000AED 1,961 per sqft
2 Jul 2021RentedNew contract
AED 55,000/yr12 months · AED 100 per sqft
7 Dec 2018RentedNew contract
AED 68,000/yr12 months · AED 124 per sqft
8 Feb 2018RentedNew contract
AED 70,000/yr12 months · AED 128 per sqft
7 Nov 2017RentedNew contract
AED 84,000/yr3 months · AED 153 per sqft
18 Dec 2016SoldOff-plan
AED 1,170,000AED 2,134 per sqft
11 May 2015SoldOff-plan
AED 1,150,000AED 2,098 per sqft
3 Oct 2013Sold by developerOff-plan
AED 1,050,000AED 1,915 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 August 2022.

Key facts

Type
Studio apartment
Size
548 sqft
Floor
1st of 4
Parking
nan
Developer
The Palm - Jumeirah Co
Completed
2014
Service charge
AED 14,500 /yr
Last sold
AED 1.08M · August 2022

About 103, Palm Views East

103 is a studio of 548 sqft on the 1st floor of Palm Views East, a 4-storey tower in Palm Jumeirah completed in 2014 by The Palm - Jumeirah Co. It last sold on 5 August 2022 for AED 1,075,000, or AED 1,961 per sqft, in line with the AED 1,988 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 2 July 2021, is AED 55,000 a year: a gross yield of 5.1% on the 2022 price, before the service charge of about AED 14,500 a year.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical studio in Palm Views East
1M1.5M2013201720212025Typical sale price by year: 2013 AED 1,050,000; 2014 AED 1,050,000; 2015 AED 1,050,000; 2016 AED 1,100,000; 2017 AED 1,102,500; 2018 AED 900,000; 2019 AED 750,000; 2021 AED 932,500; 2022 AED 1,150,000; 2023 AED 1,200,000; 2024 AED 1,390,000; 2025 AED 1,417,500; 2026 AED 1,500,000Sold by developer, October 2013: AED 1,050,000 (AED 1,915 per sqft)Sold, May 2015: AED 1,150,000 (AED 2,098 per sqft)Sold, December 2016: AED 1,170,000 (AED 2,134 per sqft)Sold, August 2022: AED 1,075,000 (AED 1,961 per sqft)

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

Rents
Unit 103, each contractTypical studio in Palm Views East
60K80K2016201920222025Typical rent by year: 2016 AED 78,500; 2017 AED 79,500; 2018 AED 70,000; 2019 AED 65,000; 2020 AED 52,887; 2021 AED 55,000; 2022 AED 65,000; 2023 AED 80,000; 2024 AED 85,000; 2025 AED 86,000; 2026 AED 85,000New contract, November 2017: AED 84,000 a yearNew contract, February 2018: AED 70,000 a yearNew contract, December 2018: AED 68,000 a yearNew contract, July 2021: AED 55,000 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 East, and where 103 sits

All 90 studios →

103 last sold in August 2022 at AED 1,961 per sqft, in line with what studios in Palm Views East were fetching at the time (AED 1,988). Over the last 12 months studios sold for AED 154,830 to 1,515,000, around AED 2,716 per sqft, and rent for AED 35,000 to 120,000 a year. 103's AED 55,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
13 Feb 20261,515,000
5 Feb 20261,500,000
9 Jan 2026154,830
26 Dec 20251,500,000
5 studio sales in the last 12 months

Palm Views East

Building

95 apartments, studios over 4 floors in Palm Jumeirah, completed in 2014 by The Palm - Jumeirah Co. 5 sold in the last 12 months.

Typical price per sqft
AED 2,716
Typical sale
AED 1.5M
Typical rent
AED 90K /yr
Typical yield
6.0%
Palm Views East, Palm Jumeirah: prices, sales and rents →

Other units on the 1st floor

All 95 units in Palm Views East
Value
101StudioAED 1.1M · Sep 2015
102StudioAED 1.05M · Apr 2015
104StudioAED 610K · Oct 2020
105StudioAED 1.44M · Dec 2024
106StudioAED 1.42M · Jan 2015
107StudioAED 1.2M · Mar 2023
108StudioAED 1.32M · Apr 2014
1–7 of 22

103, Palm Views East in numbers

  • Sold 4 times: first on 3 October 2013 for AED 1,050,000, last on 5 August 2022 for AED 1,075,000 (AED 1,961 per sqft).
  • Rented since November 2017 on 4 Ejari contracts, from AED 84,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2022 price is 5.1%, before a service charge of about AED 14,500 a year (AED 26.44 per sqft).
  • Studios in Palm Views East sold for AED 154,830–1,515,000 in the 12 months to November 2026; the building's median across all types is AED 2,716 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 5 August 2022.

Questions about 103, Palm Views East

What did unit 103 last sell for?

AED 1,075,000 on 5 August 2022: AED 1,961 per sqft for 548 sqft. The unit has 4 registered sales; the first was AED 1,050,000 in October 2013.

What is the rent for unit 103?

AED 55,000 a year on the contract signed on 2 July 2021. The previous contract, from December 2018, was AED 68,000; the unit has been rented since November 2017.

How big is unit 103?

548 sqft (50.9 sqm): a studio on the 1st floor of a 4-storey tower completed in 2014.

What is unit 103 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Palm Views East sold for AED 154,830 to 1,515,000 in the last 12 months, around AED 2,716 per sqft.

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Mortgage on 103, Palm Views East

Starts from the last sale price (AED 1.08M, 5 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,075,000
Deposit, UAE resident (20%)
AED 215,000
Deposit, non-resident (40%)
AED 430,000
Monthly over 25 years at 3.7%
AED 4,398

Plus AED 50,160 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →