2-bed · 3,020 sqftFive Palm Jumeirah, Palm Jumeirah · Ground floor · completed 2016

30008, Five Palm Jumeirah

Sold prices and rental history: sold twice, last in April 2018, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 30008 · DLD and Ejari recordsUpdated 1 September 2021
Last soldAED 4.75M12 April 2018
Current rentAED 100K /yr1 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 30008, Five Palm Jumeirah

What is 30008 worth today?

Last sold for AED 4,750,000 in 2018

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1 Sep 2021RentedNew contract
AED 100,000/yr36 months · AED 33 per sqft
20 Jan 2019RentedNew contract
AED 150,000/yr12 months · AED 50 per sqft
12 Apr 2018SoldReady
AED 4,750,000AED 1,573 per sqft
19 Jun 2013Sold by developerOff-plan
AED 4,958,399AED 1,642 per sqft

Source: Dubai Land Department. Updated 1 September 2021.

Key facts

Type
2-bed apartment
Size
3,020 sqft
Floor
Ground of 16
Parking
B2-144
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 4.75M · April 2018

About 30008, Five Palm Jumeirah

30008 is a two-bedroom apartment of 3,020 sqft on the ground floor of Five Palm Jumeirah, a 16-storey tower in Palm Jumeirah completed in 2016 by SKAI Zaya Real Estate Development. It last sold on 12 April 2018 for AED 4,750,000, or AED 1,573 per sqft, 31% below the AED 2,286 two-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 1 September 2021, is AED 100,000 a year: a gross yield of 2.1% on the 2018 price.

Sales and rents for 30008 over time

Sales
Unit 30008, each saleTypical two-bed in Five Palm Jumeirah
4M6M2013201720212025Typical sale price by year: 2013 AED 4,157,280; 2014 AED 4,748,162; 2015 AED 4,563,259; 2016 AED 4,900,000; 2017 AED 3,946,734; 2018 AED 4,400,000; 2019 AED 3,550,000; 2020 AED 2,700,000; 2021 AED 4,050,000; 2022 AED 4,500,000; 2023 AED 5,600,000; 2024 AED 5,400,000; 2025 AED 6,000,000; 2026 AED 5,325,000Sold by developer, June 2013: AED 4,958,399 (AED 1,642 per sqft)Sold, April 2018: AED 4,750,000 (AED 1,573 per sqft)

30008 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 30008, each contractTypical two-bed in Five Palm Jumeirah
200K2017202020232026Typical rent by year: 2017 AED 235,000; 2018 AED 225,000; 2019 AED 210,000; 2020 AED 200,000; 2021 AED 210,000; 2022 AED 275,000; 2023 AED 300,000; 2024 AED 340,000; 2025 AED 315,000; 2026 AED 320,000New contract, January 2019: AED 150,000 a yearNew contract, September 2021: AED 100,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Five Palm Jumeirah, and where 30008 sits

All 130 2-beds →

30008 last sold in April 2018 at AED 1,573 per sqft, 31% below what two-beds in Five Palm Jumeirah were fetching at the time (AED 2,286). Over the last 12 months two-beds sold for AED 3,402,000 to 7,700,000, around AED 2,572 per sqft, and rent for AED 170,000 to 600,000 a year. 30008's AED 100,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
24 Sep 20263,402,000
18 Feb 20267,700,000
6 Feb 20265,050,000
6 Jan 20265,600,000
6 2-bed sales in the last 12 months

Five Palm Jumeirah

Building

699 apartments, studios to 5-bed over 16 floors in Palm Jumeirah, completed in 2016 by SKAI Zaya Real Estate Development. 18 sold in the last 12 months.

Typical price per sqft
AED 2,549 Down 10.6%
Typical sale
AED 5.03M
Typical rent
AED 315K /yr
Typical yield
7.3%
Five Palm Jumeirah, Palm Jumeirah: prices, sales and rents →

Other units on the ground floor

All 699 units in Five Palm Jumeirah
Value
50015-bedAED 45M · Jul 2024
100014-bedAED 10.5M · Nov 2013
100024-bedAED 10.5M · Feb 2021
200014-bedAED 13M · Aug 2021
200024-bedAED 5M · Mar 2018
300043-bedAED 13.83M · Apr 2017
300053-bedAED 14.6M · Jun 2017
1–7 of 20

30008, Five Palm Jumeirah in numbers

  • Sold twice: first on 19 June 2013 for AED 4,958,399, last on 12 April 2018 for AED 4,750,000 (AED 1,573 per sqft).
  • Rented since January 2019 on 2 Ejari contracts, from AED 150,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2018 price is 2.1%.
  • Two-beds in Five Palm Jumeirah sold for AED 3,402,000–7,700,000 in the 12 months to November 2026; the building's median across all types is AED 2,549 per sqft.

Source: Dubai Land Department. Updated 1 September 2021.

Questions about 30008, Five Palm Jumeirah

What did unit 30008 last sell for?

AED 4,750,000 on 12 April 2018: AED 1,573 per sqft for 3,020 sqft. The unit has 2 registered sales; the first was AED 4,958,399 in June 2013.

What is the rent for unit 30008?

AED 100,000 a year on the contract signed on 1 September 2021. The previous contract, from January 2019, was AED 150,000.

How big is unit 30008?

3,020 sqft (280.6 sqm): a two-bedroom apartment on the ground floor of a 16-storey tower completed in 2016.

What is unit 30008 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Five Palm Jumeirah sold for AED 3,402,000 to 7,700,000 in the last 12 months, around AED 2,572 per sqft.

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Mortgage on 30008, Five Palm Jumeirah

Starts from the last sale price (AED 4.75M, 12 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 4,750,000
Deposit, UAE resident (20%)
AED 950,000
Deposit, non-resident (40%)
AED 1,900,000
Monthly over 25 years at 3.7%
AED 19,434

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →