Studio · 549 sqftPalm Views West, Palm Jumeirah · 2nd floor · completed 2014

201, Palm Views West

Sold prices and rental history: sold twice, last in April 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 201 · DLD and Ejari recordsUpdated 25 April 2023
Last soldAED 1.18M25 April 2023
Current rentAED 60K /yr15 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, Palm Views West

What is 201 worth today?

Last sold for AED 1,180,000 in 2023

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25 Apr 2023SoldReady
AED 1,180,000AED 2,149 per sqft
15 Sep 2021RentedNew contract
AED 60,000/yr12 months · AED 109 per sqft
18 Jul 2020RentedNew contract
AED 50,000/yr12 months · AED 91 per sqft
9 Dec 2018RentedNew contract
AED 67,000/yr12 months · AED 122 per sqft
4 Dec 2017RentedNew contract
AED 70,000/yr12 months · AED 128 per sqft
3 Oct 2013Sold by developerOff-plan
AED 1,102,500AED 2,008 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 April 2023.

Key facts

Type
Studio apartment
Size
549 sqft
Floor
2nd of 4
Parking
nan
Developer
The Palm - Jumeirah Co
Completed
2014
Service charge
AED 14,600 /yr
Last sold
AED 1.18M · April 2023

About 201, Palm Views West

201 is a studio of 549 sqft on the 2nd floor of Palm Views West, a 4-storey tower in Palm Jumeirah completed in 2014 by The Palm - Jumeirah Co. It last sold on 25 April 2023 for AED 1,180,000, or AED 2,149 per sqft, in line with the AED 2,124 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 15 September 2021, is AED 60,000 a year: a gross yield of 5.1% on the 2023 price, before the service charge of about AED 14,600 a year.

Sales and rents for 201 over time

Sales
Unit 201, 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, October 2013: AED 1,102,500 (AED 2,008 per sqft)Sold, April 2023: AED 1,180,000 (AED 2,149 per sqft)

201 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 201, each contractTypical studio in Palm Views West
50K75K100K2016201920222025Typical 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, December 2017: AED 70,000 a yearNew contract, December 2018: AED 67,000 a yearNew contract, July 2020: AED 50,000 a yearNew contract, September 2021: AED 60,000 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 201 sits

All 87 studios →

201 last sold in April 2023 at AED 2,149 per sqft, in line with what studios in Palm Views West were fetching at the time (AED 2,124). 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. 201's AED 60,000 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 2nd floor

All 95 units in Palm Views West
Value
202StudioAED 1.05M · Oct 2014
203StudioAED 900K · Apr 2016
204StudioAED 1.3M · Jul 2023
205StudioAED 1.35M · Jan 2025
206StudioAED 800K · Mar 2022
207StudioAED 800K · Mar 2022
208StudioAED 930K · Feb 2022
1–7 of 23

201, Palm Views West in numbers

  • Sold twice: first on 3 October 2013 for AED 1,102,500, last on 25 April 2023 for AED 1,180,000 (AED 2,149 per sqft).
  • Rented since December 2017 on 4 Ejari contracts. The rent fell from AED 70,000 to AED 50,000 in 2020 and recovered to AED 60,000 by September 2021.
  • At AED 60,000 a year the gross yield on the 2023 price is 5.1%, before a service charge of about AED 14,600 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 25 April 2023.

Questions about 201, Palm Views West

What did unit 201 last sell for?

AED 1,180,000 on 25 April 2023: AED 2,149 per sqft for 549 sqft. The unit has 2 registered sales; the first was AED 1,102,500 in October 2013.

What is the rent for unit 201?

AED 60,000 a year on the contract signed on 15 September 2021. The previous contract, from July 2020, was AED 50,000; the unit has been rented since December 2017.

How big is unit 201?

549 sqft (51.0 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2014.

What is unit 201 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 201, Palm Views West

Starts from the last sale price (AED 1.18M, 25 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,180,000
Deposit, UAE resident (20%)
AED 236,000
Deposit, non-resident (40%)
AED 472,000
Monthly over 25 years at 3.7%
AED 4,828

Plus AED 54,570 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →