3-bed · 2,325 sqftFive Palm Jumeirah, Palm Jumeirah · 4th floor · completed 2016

30408, Five Palm Jumeirah

Sold prices and rental history: sold twice, last in August 2013, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 30408 · DLD and Ejari recordsUpdated 1 January 2024
Last soldAED 4.65M15 August 2013
Current rentAED 580K /yr1 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 30408, Five Palm Jumeirah

What is 30408 worth today?

Last sold for AED 4,645,997 in 2013

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1 Jan 2024RentedNew contract
AED 580,000/yr12 months · AED 249 per sqft
17 Nov 2022RentedNew contract
AED 635,000/yr12 months · AED 273 per sqft
1 Oct 2022RentedRenewal
AED 450,000/yr1 months · AED 194 per sqft
1 Sep 2022RentedRenewal
AED 410,000/yr1 months · AED 176 per sqft
1 Jun 2022RentedRenewal
AED 335,000/yr3 months · AED 144 per sqft
1 Mar 2022RentedRenewal
AED 335,000/yr3 months · AED 144 per sqft
1 Mar 2021RentedRenewal
AED 295,000/yr12 months · AED 127 per sqft
1 Mar 2020RentedRenewal
AED 305,000/yr12 months · AED 131 per sqft

Source: Dubai Land Department. Updated 1 January 2024.

Key facts

Type
3-bed apartment
Size
2,325 sqft
Floor
4th of 16
Parking
B2-113, B2-114
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 4.65M · August 2013

About 30408, Five Palm Jumeirah

30408 is a three-bedroom apartment of 2,325 sqft on the 4th 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 15 August 2013 for AED 4,645,997, or AED 1,998 per sqft, in line with the AED 2,040 three-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 10 Ejari contracts. The current contract, signed on 1 January 2024, is AED 580,000 a year: a gross yield of 12.5% on the 2013 price.

Sales and rents for 30408 over time

Sales
Unit 30408, each saleTypical three-bed in Five Palm Jumeirah
5M10M15M2013201720212025Typical sale price by year: 2013 AED 5,467,284; 2014 AED 5,190,753; 2015 AED 5,300,000; 2017 AED 5,368,630; 2018 AED 4,750,000; 2021 AED 14,400,000; 2022 AED 6,000,000; 2023 AED 6,200,000; 2024 AED 5,470,000; 2025 AED 6,000,000Sold by developer, June 2013: AED 4,599,629 (AED 1,978 per sqft)Sold, August 2013: AED 4,645,997 (AED 1,998 per sqft)

30408 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 30408, each contractTypical three-bed in Five Palm Jumeirah
200K400K600K2017202020232026Typical rent by year: 2017 AED 310,000; 2018 AED 330,000; 2019 AED 292,500; 2020 AED 250,000; 2021 AED 261,953; 2022 AED 335,000; 2024 AED 580,000; 2025 AED 550,000New contract, March 2018: AED 330,000 a yearRenewal, March 2019: AED 290,000 a yearRenewal, March 2020: AED 305,000 a yearRenewal, March 2021: AED 295,000 a yearRenewal, March 2022: AED 335,000 a yearRenewal, June 2022: AED 335,000 a yearRenewal, September 2022: AED 410,000 a yearRenewal, October 2022: AED 450,000 a yearNew contract, November 2022: AED 635,000 a yearNew contract, January 2024: AED 580,000 a year

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

3-beds in Five Palm Jumeirah, and where 30408 sits

All 39 3-beds →

30408 last sold in August 2013 at AED 1,998 per sqft, in line with what three-beds in Five Palm Jumeirah were fetching at the time (AED 2,040). Over the last 12 months three-beds sold for AED 6,000,000 to 18,000,000, around AED 2,667 per sqft, and rent for AED 345,000 to 380,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
26 Sep 20266,200,000
4 May 202618,000,000
10 Nov 20256,000,000
12 Jun 20255,800,000
3 3-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 4th floor

All 699 units in Five Palm Jumeirah
Value
104011-bedAED 2.36M · Oct 2023
10402StudioAED 1.62M · Mar 2023
10403StudioAED 990K · Nov 2020
10404StudioAED 1.75M · May 2014
10405StudioAED 1.25M · Jul 2023
10406StudioAED 1.73M · Jul 2013
104071-bedAED 2.74M · Aug 2013
1–7 of 54

30408, Five Palm Jumeirah in numbers

  • Sold twice: first on 30 June 2013 for AED 4,599,629, last on 15 August 2013 for AED 4,645,997 (AED 1,998 per sqft).
  • Rented since March 2018 on 10 Ejari contracts. The rent fell from AED 330,000 to AED 290,000 in 2019 and recovered to AED 580,000 by January 2024.
  • At AED 580,000 a year the gross yield on the 2013 price is 12.5%.
  • Three-beds in Five Palm Jumeirah sold for AED 6,000,000–18,000,000 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 January 2024.

Questions about 30408, Five Palm Jumeirah

What did unit 30408 last sell for?

AED 4,645,997 on 15 August 2013: AED 1,998 per sqft for 2,325 sqft. The unit has 2 registered sales; the first was AED 4,599,629 in June 2013.

What is the rent for unit 30408?

AED 580,000 a year on the contract signed on 1 January 2024. The previous contract, from November 2022, was AED 635,000; the unit has been rented since March 2018.

How big is unit 30408?

2,325 sqft (216.0 sqm): a three-bedroom apartment on the 4th floor of a 16-storey tower completed in 2016.

What is unit 30408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Five Palm Jumeirah sold for AED 6,000,000 to 18,000,000 in the last 12 months, around AED 2,667 per sqft.

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Mortgage on 30408, Five Palm Jumeirah

Starts from the last sale price (AED 4.65M, 15 August 2013). Switch to today's estimate once you have unlocked it.
Price
AED 4,645,997
Deposit, UAE resident (20%)
AED 929,199
Deposit, non-resident (40%)
AED 1,858,399
Monthly over 25 years at 3.7%
AED 19,008

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