2-bed · 1,841 sqftFive Palm Jumeirah, Palm Jumeirah · 5th floor · completed 2016

30502, Five Palm Jumeirah

Sold prices and rental history: sold once, by the developer in July 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 30502 · DLD and Ejari recordsUpdated 20 September 2022
Last soldAED 4.5M7 July 2013
Current rentAED 355K /yr20 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 30502, Five Palm Jumeirah

What is 30502 worth today?

Last sold for AED 4,504,598 in 2013

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20 Sep 2022RentedNew contract
AED 355,000/yr12 months · AED 193 per sqft
1 Sep 2021RentedNew contract
AED 310,000/yr12 months · AED 168 per sqft
20 Jun 2020RentedNew contract
AED 215,000/yr12 months · AED 117 per sqft
1 Jun 2019RentedRenewal
AED 250,000/yr12 months · AED 136 per sqft
1 Jun 2018RentedRenewal
AED 280,000/yr12 months · AED 152 per sqft
1 Jun 2017RentedNew contract
AED 280,000/yr12 months · AED 152 per sqft
7 Jul 2013Sold by developerOff-plan
AED 4,504,598AED 2,446 per sqft

Source: Dubai Land Department. Updated 20 September 2022.

Key facts

Type
2-bed apartment
Size
1,841 sqft
Floor
5th of 16
Parking
B2-132
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 4.5M · July 2013

About 30502, Five Palm Jumeirah

30502 is a two-bedroom apartment of 1,841 sqft on the 5th floor of Five Palm Jumeirah, a 16-storey tower in Palm Jumeirah completed in 2016 by SKAI Zaya Real Estate Development. The developer sold it on 7 July 2013 for AED 4,504,598, or AED 2,446 per sqft, 8% above the AED 2,275 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 20 September 2022, is AED 355,000 a year: a gross yield of 7.9% on the 2013 price.

Sales and rents for 30502 over time

Sales
Unit 30502, 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, July 2013: AED 4,504,598 (AED 2,446 per sqft)

30502 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 30502, each contractTypical two-bed in Five Palm Jumeirah
200K300K2017202020232026Typical 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, June 2017: AED 280,000 a yearRenewal, June 2018: AED 280,000 a yearRenewal, June 2019: AED 250,000 a yearNew contract, June 2020: AED 215,000 a yearNew contract, September 2021: AED 310,000 a yearNew contract, September 2022: AED 355,000 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 30502 sits

All 130 2-beds →

30502 last sold in July 2013 at AED 2,446 per sqft, 8% above what two-beds in Five Palm Jumeirah were fetching at the time (AED 2,275). 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. 30502's AED 355,000 is in the lower half 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 5th floor

All 699 units in Five Palm Jumeirah
Value
105011-bedAED 1.45M · Jul 2018
10502StudioAED 1.15M · Sep 2018
10503StudioAED 1.71M · Jul 2013
10504StudioAED 1.71M · Jul 2013
10505StudioAED 1.71M · Jul 2013
10506StudioAED 1.73M · Jul 2013
105071-bedAED 2.74M · Aug 2013
1–7 of 52

30502, Five Palm Jumeirah in numbers

  • Sold once: by SKAI Zaya Real Estate Development on 7 July 2013 for AED 4,504,598, or AED 2,446 per sqft.
  • Rented since June 2017 on 6 Ejari contracts. The rent fell from AED 280,000 to AED 215,000 in 2020 and recovered to AED 355,000 by September 2022.
  • At AED 355,000 a year the gross yield on the 2013 price is 7.9%.
  • 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 20 September 2022.

Questions about 30502, Five Palm Jumeirah

What did unit 30502 last sell for?

AED 4,504,598 on 7 July 2013, sold by the developer: AED 2,446 per sqft for 1,841 sqft. It is the only registered sale of the unit.

What is the rent for unit 30502?

AED 355,000 a year on the contract signed on 20 September 2022. The previous contract, from September 2021, was AED 310,000; the unit has been rented since June 2017.

How big is unit 30502?

1,841 sqft (171.0 sqm): a two-bedroom apartment on the 5th floor of a 16-storey tower completed in 2016.

What is unit 30502 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 30502, Five Palm Jumeirah

Starts from the last sale price (AED 4.5M, 7 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 4,504,598
Deposit, UAE resident (20%)
AED 900,920
Deposit, non-resident (40%)
AED 1,801,839
Monthly over 25 years at 3.7%
AED 18,430

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