2-bed · 1,743 sqftFive Palm Jumeirah, Palm Jumeirah · 5th floor · completed 2016

30506, Five Palm Jumeirah

Sold prices and rental history: sold twice, last in February 2015, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 30506 · DLD and Ejari recordsUpdated 1 February 2022
Last soldAED 4.41M25 February 2015
Current rentAED 275K /yr1 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 30506, Five Palm Jumeirah

What is 30506 worth today?

Last sold for AED 4,405,656 in 2015

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1 Feb 2022RentedNew contract
AED 275,000/yr12 months · AED 158 per sqft
14 Jul 2021RentedNew contract
AED 230,000/yr12 months · AED 132 per sqft
12 Aug 2019RentedNew contract
AED 200,000/yr12 months · AED 115 per sqft
25 Feb 2015SoldOff-plan
AED 4,405,656AED 2,527 per sqft
1 Sep 2013Sold by developerOff-plan
AED 3,671,380AED 2,106 per sqft

Source: Dubai Land Department. Updated 1 February 2022.

Key facts

Type
2-bed apartment
Size
1,743 sqft
Floor
5th of 16
Parking
B2-126
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 4.41M · February 2015

About 30506, Five Palm Jumeirah

30506 is a two-bedroom apartment of 1,743 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. It last sold on 25 February 2015 for AED 4,405,656, or AED 2,527 per sqft, 3% below the AED 2,609 two-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 1 February 2022, is AED 275,000 a year: a gross yield of 6.2% on the 2015 price.

Sales and rents for 30506 over time

Sales
Unit 30506, 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, September 2013: AED 3,671,380 (AED 2,106 per sqft)Sold, February 2015: AED 4,405,656 (AED 2,527 per sqft)

30506 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 30506, 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, August 2019: AED 200,000 a yearNew contract, July 2021: AED 230,000 a yearNew contract, February 2022: AED 275,000 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 30506 sits

All 130 2-beds →

30506 last sold in February 2015 at AED 2,527 per sqft, 3% below what two-beds in Five Palm Jumeirah were fetching at the time (AED 2,609). 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. 30506's AED 275,000 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

30506, Five Palm Jumeirah in numbers

  • Sold twice: first on 1 September 2013 for AED 3,671,380, last on 25 February 2015 for AED 4,405,656 (AED 2,527 per sqft).
  • Rented since August 2019 on 3 Ejari contracts, from AED 200,000 to AED 275,000 a year.
  • At AED 275,000 a year the gross yield on the 2015 price is 6.2%.
  • 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 February 2022.

Questions about 30506, Five Palm Jumeirah

What did unit 30506 last sell for?

AED 4,405,656 on 25 February 2015: AED 2,527 per sqft for 1,743 sqft. The unit has 2 registered sales; the first was AED 3,671,380 in September 2013.

What is the rent for unit 30506?

AED 275,000 a year on the contract signed on 1 February 2022. The previous contract, from July 2021, was AED 230,000; the unit has been rented since August 2019.

How big is unit 30506?

1,743 sqft (161.9 sqm): a two-bedroom apartment on the 5th floor of a 16-storey tower completed in 2016.

What is unit 30506 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 30506, Five Palm Jumeirah

Starts from the last sale price (AED 4.41M, 25 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 4,405,656
Deposit, UAE resident (20%)
AED 881,131
Deposit, non-resident (40%)
AED 1,762,262
Monthly over 25 years at 3.7%
AED 18,025

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