402, Palm Views East
Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, Palm Views East
What is 402 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 5 April 2024.
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 1.2M · May 2023
- Building
- Palm Views East
About 402, Palm Views East
402 is a studio of 506 sqft on the 4th floor of Palm Views East, a 4-storey tower in Palm Jumeirah completed in 2014 by The Palm - Jumeirah Co. It last sold on 10 May 2023 for AED 1,200,000, or AED 2,371 per sqft, 9% above the AED 2,178 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 5 April 2024, is AED 95,000 a year: a gross yield of 7.9% on the 2023 price, before the service charge of about AED 13,400 a year.
Sales and rents for 402 over time
402 has sold twice; 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 402 sits
All 90 studios →402 last sold in May 2023 at AED 2,371 per sqft, 9% above what studios in Palm Views East were fetching at the time (AED 2,178). 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. 402's AED 95,000 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 4th floor
All 95 units in Palm Views East| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | Studio | 506 sqft | AED 1.15MAED 1,150,000 · Oct 2015October 2015 | 65,000 /yr | |
| 403 | Studio | 505 sqft | AED 750KAED 750,000 · Mar 2019March 2019 | 50,000 /yr | |
| 404 | Studio | 505 sqft | AED 750KAED 750,000 · Mar 2019March 2019 | 80,000 /yr | |
| 405 | Studio | 506 sqft | AED 1.05MAED 1,050,000 · Nov 2014November 2014 | 75,075 /yr | |
| 406 | Studio | 506 sqft | AED 1.1MAED 1,100,000 · Jan 2016January 2016 | 80,000 /yr | |
| 407 | Studio | 505 sqft | AED 850KAED 850,000 · Mar 2021March 2021 | 70,000 /yr | |
| 408 | Studio | 505 sqft | AED 1.17MAED 1,170,000 · May 2015May 2015 | 67,500 /yr | |
| 409 | Studio | 506 sqft | AED 978KAED 978,000 · Aug 2021August 2021 | 52,887 /yr | |
| 410 | Studio | 507 sqft | AED 1.05MAED 1,050,000 · Jun 2015June 2015 | 51,700 /yr | |
| 411 | Studio | 503 sqft | AED 1.34MAED 1,340,000 · May 2024May 2024 | 90,000 /yr | |
| 412 | Studio | 505 sqft | AED 1MAED 1,000,000 · Oct 2013October 2013 | ||
| 413 | Studio | 506 sqft | AED 1.1MAED 1,100,000 · Jan 2023January 2023 | 90,000 /yr | |
| 414 | 504 sqft | AED 1.5MAED 1,500,000 · Oct 2025October 2025 | 120,000 /yr | ||
| 415 | Studio | 503 sqft | AED 1.18MAED 1,175,000 · Sep 2015September 2015 | 90,000 /yr | |
| 416 | Studio | 505 sqft | AED 1.33MAED 1,325,000 · Dec 2022December 2022 | 40,000 /yr | |
| 417 | Studio | 506 sqft | AED 1.15MAED 1,150,000 · Jul 2016July 2016 | 92,500 /yr | |
| 418 | Studio | 504 sqft | AED 1MAED 1,000,000 · Apr 2015April 2015 | 55,000 /yr | |
| 419 | Studio | 506 sqft | AED 1.4MAED 1,400,000 · Mar 2025March 2025 | 35,000 /yr | |
| 420 | Studio | 505 sqft | AED 1.4MAED 1,400,000 · Nov 2024November 2024 | 70,151 /yr | |
| 421 | Studio | 506 sqft | AED 1.03MAED 1,030,000 · Mar 2016March 2016 | 78,750 /yr | |
| 422 | Studio | 506 sqft | AED 1.2MAED 1,200,000 · Jul 2017July 2017 | 53,000 /yr | |
| 423 | Studio | 505 sqft | AED 1.13MAED 1,130,000 · Jun 2023June 2023 | 80,000 /yr | |
| 424 | Studio | 505 sqft | AED 1.1MAED 1,102,500 · Mar 2017March 2017 | 58,905 /yr |
402, Palm Views East in numbers
- Sold twice: first on 3 October 2013 for AED 1,050,000, last on 10 May 2023 for AED 1,200,000 (AED 2,371 per sqft).
- Rented since April 2018 on 5 Ejari contracts. The rent fell from AED 57,000 to AED 50,000 in 2020 and recovered to AED 95,000 by April 2024.
- At AED 95,000 a year the gross yield on the 2023 price is 7.9%, before a service charge of about AED 13,400 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 5 April 2024.
Questions about 402, Palm Views East
What did unit 402 last sell for?
AED 1,200,000 on 10 May 2023: AED 2,371 per sqft for 506 sqft. The unit has 2 registered sales; the first was AED 1,050,000 in October 2013.
What is the rent for unit 402?
AED 95,000 a year on the contract signed on 5 April 2024. The previous contract, from July 2022, was AED 70,000; the unit has been rented since April 2018.
How big is unit 402?
506 sqft (47.0 sqm): a studio on the 4th floor of a 4-storey tower completed in 2014.
What is unit 402 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 402, Palm Views East
Starts from the last sale price (AED 1.2M, 10 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,200,000
- Deposit, UAE resident (20%)
- AED 240,000
- Deposit, non-resident (40%)
- AED 480,000
- Monthly over 25 years at 3.7%
- AED 4,910
Plus AED 55,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →