218, Palm Views East
Sold prices and rental history: sold 3 times, last in April 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 218, Palm Views East
What is 218 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 24 January 2025.
Key facts
- Type
- Studio apartment
- Size
- 545 sqft
- Floor
- 2nd of 4
- Parking
- nan
- Developer
- The Palm - Jumeirah Co
- Completed
- 2014
- Service charge
- AED 14,400 /yr
- Last sold
- AED 700K · April 2024
- Building
- Palm Views East
About 218, Palm Views East
218 is a studio of 545 sqft on the 2nd floor of Palm Views East, a 4-storey tower in Palm Jumeirah completed in 2014 by The Palm - Jumeirah Co. It last sold on 26 April 2024 for AED 700,000, or AED 1,283 per sqft, 44% below the AED 2,311 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 24 January 2025, is AED 94,800 a year: a gross yield of 13.5% on the 2024 price, before the service charge of about AED 14,400 a year.
Sales and rents for 218 over time
218 has sold 3 times; the dashed line is the studio median of each year in the building.
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 218 sits
All 90 studios →218 last sold in April 2024 at AED 1,283 per sqft, 44% below what studios in Palm Views East were fetching at the time (AED 2,311). 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. 218's AED 94,800 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Feb 202613 February 2026 | 548 sqft | 1,515,000 | 2,764 | ||
| 5 Feb 20265 February 2026 | 552 sqft | 1,500,000 | 2,716 | ||
| 9 Jan 20269 January 2026 | 548 sqft | 154,830 | 282 | ||
| 26 Dec 202526 December 2025 | 548 sqft | 1,500,000 | 2,736 |
Palm Views East
Building95 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%
Other units on the 2nd floor
All 95 units in Palm Views East| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | Studio | 549 sqft | AED 1.41MAED 1,410,000 · Nov 2024November 2024 | 75,600 /yr | |
| 202 | Studio | 549 sqft | AED 1.2MAED 1,200,000 · Apr 2023April 2023 | 65,000 /yr | |
| 203 | Studio | 548 sqft | AED 1.1MAED 1,100,000 · Sep 2015September 2015 | 85,000 /yr | |
| 204 | Studio | 548 sqft | AED 1.28MAED 1,275,500 · Mar 2015March 2015 | 70,500 /yr | |
| 205 | 549 sqft | AED 1.53MAED 1,525,000 · Oct 2025October 2025 | 90,000 /yr | ||
| 206 | Studio | 549 sqft | AED 1.2MAED 1,200,000 · Aug 2016August 2016 | 90,000 /yr | |
| 207 | Studio | 548 sqft | AED 1.33MAED 1,325,000 · May 2023May 2023 | 60,000 /yr | |
| 208 | 548 sqft | AED 1.5MAED 1,500,000 · Oct 2025October 2025 | 115,000 /yr | ||
| 209 | Studio | 549 sqft | AED 1MAED 1,000,000 · Jul 2015July 2015 | 82,000 /yr | |
| 210 | Studio | 276 sqft | AED 1.5MAED 1,500,000 · Feb 2026February 2026 | 74,547 /yr | |
| 211 | Studio | 544 sqft | AED 915KAED 915,000 · Jun 2021June 2021 | 90,000 /yr | |
| 212 | Studio | 548 sqft | AED 1.5MAED 1,500,000 · Dec 2025December 2025 | 89,250 /yr | |
| 213 | Studio | 549 sqft | AED 1MAED 1,000,000 · Sep 2016September 2016 | 90,000 /yr | |
| 214 | Studio | 545 sqft | AED 1MAED 1,000,000 · Jul 2015July 2015 | 78,000 /yr | |
| 215 | Studio | 544 sqft | AED 1.1MAED 1,100,000 · May 2017May 2017 | 90,000 /yr | |
| 216 | Studio | 548 sqft | AED 1.35MAED 1,350,000 · Nov 2024November 2024 | 141,000 /yr | |
| 217 | Studio | 549 sqft | AED 900KAED 900,000 · Jan 2024January 2024 | 95,000 /yr | |
| 219 | Studio | 551 sqft | AED 1.05MAED 1,050,000 · Nov 2014November 2014 | 80,000 /yr | |
| 220 | Studio | 548 sqft | AED 1.4MAED 1,400,000 · May 2025May 2025 | 110,000 /yr | |
| 221 | Studio | 549 sqft | AED 1.35MAED 1,350,000 · Mar 2024March 2024 | 77,000 /yr | |
| 222 | Studio | 549 sqft | AED 1MAED 1,000,000 · Oct 2015October 2015 | 77,143 /yr | |
| 223 | Studio | 548 sqft | AED 1.52MAED 1,515,000 · Feb 2026February 2026 | 59,000 /yr | |
| 224 | Studio | 548 sqft | AED 1.05MAED 1,050,000 · Oct 2013October 2013 | 90,000 /yr |
218, Palm Views East in numbers
- Sold 3 times: first on 2 October 2013 for AED 1,000,000, last on 26 April 2024 for AED 700,000 (AED 1,283 per sqft).
- Rented since January 2017 on 7 Ejari contracts. The rent fell from AED 74,799 to AED 55,000 in 2021 and recovered to AED 94,800 by January 2025.
- At AED 94,800 a year the gross yield on the 2024 price is 13.5%, before a service charge of about AED 14,400 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 24 January 2025.
Questions about 218, Palm Views East
What did unit 218 last sell for?
AED 700,000 on 26 April 2024: AED 1,283 per sqft for 545 sqft. The unit has 3 registered sales; the first was AED 1,000,000 in October 2013.
What is the rent for unit 218?
AED 94,800 a year on the contract renewed on 24 January 2025. The previous contract, from August 2024, was AED 68,466; the unit has been rented since January 2017.
How big is unit 218?
545 sqft (50.6 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2014.
What is unit 218 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 218, Palm Views East
Starts from the last sale price (AED 700K, 26 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus AED 34,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →