Studio · 553 sqftPalm Views West, Palm Jumeirah · 1st floor · completed 2014

119, Palm Views West

Sold prices and rental history: sold 3 times, last in August 2020, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 119 · DLD and Ejari recordsUpdated 6 November 2024
Last soldAED 600K3 August 2020
Current rentAED 72K /yr6 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 119, Palm Views West

What is 119 worth today?

Last sold for AED 600,000 in 2020

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6 Nov 2024RentedRenewal
AED 71,500/yr12 months · AED 130 per sqft
6 Nov 2023RentedRenewal
AED 65,000/yr12 months · AED 118 per sqft
6 Nov 2022RentedRenewal
AED 62,000/yr12 months · AED 113 per sqft
6 Nov 2021RentedRenewal
AED 58,000/yr12 months · AED 106 per sqft
3 Aug 2020SoldReady
AED 600,000AED 1,085 per sqft
28 May 2018RentedNew contract
AED 55,000/yr12 months · AED 100 per sqft
11 Jan 2018RentedNew contract
AED 56,000/yr12 months · AED 102 per sqft
11 Nov 2015SoldOff-plan
AED 1,225,000AED 2,215 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 6 November 2024.

Key facts

Type
Studio apartment
Size
553 sqft
Floor
1st of 4
Parking
nan
Developer
The Palm - Jumeirah Co
Completed
2014
Service charge
AED 14,700 /yr
Last sold
AED 600K · August 2020

About 119, Palm Views West

119 is a studio of 553 sqft on the 1st floor of Palm Views West, a 4-storey tower in Palm Jumeirah completed in 2014 by The Palm - Jumeirah Co. It last sold on 3 August 2020 for AED 600,000, or AED 1,085 per sqft, 9% below the AED 1,188 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 6 November 2024, is AED 71,500 a year: a gross yield of 11.9% on the 2020 price, before the service charge of about AED 14,700 a year.

Sales and rents for 119 over time

Sales
Unit 119, 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 1,160,000; 2018 AED 950,000; 2020 AED 645,000; 2021 AED 887,500; 2022 AED 960,000; 2023 AED 1,275,000; 2024 AED 1,440,000; 2025 AED 1,480,000Sold by developer, March 2014: AED 1,050,000 (AED 1,899 per sqft)Sold, November 2015: AED 1,225,000 (AED 2,215 per sqft)Sold, August 2020: AED 600,000 (AED 1,085 per sqft)

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

Rents
Unit 119, each contractTypical studio in Palm Views West
60K80K100K2016201920222025Typical rent by year: 2016 AED 80,000; 2017 AED 75,000; 2018 AED 68,500; 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 95,000New contract, January 2018: AED 56,000 a yearNew contract, May 2018: AED 55,000 a yearRenewal, November 2021: AED 58,000 a yearRenewal, November 2022: AED 62,000 a yearRenewal, November 2023: AED 65,000 a yearRenewal, November 2024: AED 71,500 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 119 sits

All 87 studios →

119 last sold in August 2020 at AED 1,085 per sqft, 9% below what studios in Palm Views West were fetching at the time (AED 1,188). Over the last 12 months studios sold for AED 1,600,000, around AED 2,919 per sqft, and rent for AED 78,800 to 110,000 a year. 119's AED 71,500 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
22 Dec 20251,600,000
11 Jul 20251,575,000
8 Jul 20251,400,000
3 Jul 20251,570,000
1 studio sale 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. 2 sold in the last 12 months.

Typical price per sqft
AED 2,769
Typical sale
AED 2.25M
Typical rent
AED 90K /yr
Typical yield
5.9%
Palm Views West, Palm Jumeirah: prices, sales and rents →

Other units on the 1st floor

All 95 units in Palm Views West
Value
101StudioAED 1.1M · Oct 2013
102StudioAED 1.35M · Oct 2023
103StudioAED 1.47M · Nov 2024
104StudioAED 1.39M · Jun 2014
105StudioAED 645K · Jan 2025
106StudioAED 1.1M · Jul 2015
107StudioAED 1.38M · May 2024
1–7 of 23

119, Palm Views West in numbers

  • Sold 3 times: first on 4 March 2014 for AED 1,050,000, last on 3 August 2020 for AED 600,000 (AED 1,085 per sqft).
  • Rented since January 2018 on 6 Ejari contracts, from AED 56,000 to AED 71,500 a year.
  • At AED 71,500 a year the gross yield on the 2020 price is 11.9%, before a service charge of about AED 14,700 a year (AED 26.58 per sqft).
  • Studios in Palm Views West sold for AED 1,600,000–1,600,000 in the 12 months to November 2026; the building's median across all types is AED 2,769 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 6 November 2024.

Questions about 119, Palm Views West

What did unit 119 last sell for?

AED 600,000 on 3 August 2020: AED 1,085 per sqft for 553 sqft. The unit has 3 registered sales; the first was AED 1,050,000 in March 2014.

What is the rent for unit 119?

AED 71,500 a year on the contract renewed on 6 November 2024. The previous contract, from November 2023, was AED 65,000; the unit has been rented since January 2018.

How big is unit 119?

553 sqft (51.4 sqm): a studio on the 1st floor of a 4-storey tower completed in 2014.

What is unit 119 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 1,600,000 to 1,600,000 in the last 12 months, around AED 2,919 per sqft.

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Mortgage on 119, Palm Views West

Starts from the last sale price (AED 600K, 3 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

Plus AED 30,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →