2-bed · 1,646 sqftFive Palm Jumeirah, Palm Jumeirah · 5th floor · completed 2016

30507, Five Palm Jumeirah

Sold prices and rental history: sold 3 times, last in October 2022, and rented once, from December 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 30507 · DLD and Ejari recordsUpdated 26 October 2022
Last soldAED 5.7M26 October 2022
Current rentAED 200K /yr17 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 30507, Five Palm Jumeirah

What is 30507 worth today?

Last sold for AED 5,700,000 in 2022

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26 Oct 2022SoldReady
AED 5,700,000AED 3,463 per sqft
17 Dec 2020RentedNew contract
AED 200,000/yr12 months · AED 121 per sqft
15 Mar 2017SoldOff-plan
AED 4,600,000AED 2,794 per sqft
18 Jun 2013Sold by developerOff-plan
AED 3,922,740AED 2,383 per sqft

Source: Dubai Land Department. Updated 26 October 2022.

Key facts

Type
2-bed apartment
Size
1,646 sqft
Floor
5th of 16
Parking
B2-150
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 5.7M · October 2022

About 30507, Five Palm Jumeirah

30507 is a two-bedroom apartment of 1,646 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 26 October 2022 for AED 5,700,000, or AED 3,463 per sqft, 43% above the AED 2,416 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 17 December 2020. The current contract, signed on 17 December 2020, is AED 200,000 a year: a gross yield of 3.5% on the 2022 price.

Sales and rents for 30507 over time

Sales
Unit 30507, 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 3,922,740 (AED 2,383 per sqft)Sold, March 2017: AED 4,600,000 (AED 2,794 per sqft)Sold, October 2022: AED 5,700,000 (AED 3,463 per sqft)

30507 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 30507, 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, December 2020: AED 200,000 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 30507 sits

All 130 2-beds →

30507 last sold in October 2022 at AED 3,463 per sqft, 43% above what two-beds in Five Palm Jumeirah were fetching at the time (AED 2,416). 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. 30507's AED 200,000 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

30507, Five Palm Jumeirah in numbers

  • Sold 3 times: first on 18 June 2013 for AED 3,922,740, last on 26 October 2022 for AED 5,700,000 (AED 3,463 per sqft).
  • Rented since December 2020 on one Ejari contract, at AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2022 price is 3.5%.
  • 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 26 October 2022.

Questions about 30507, Five Palm Jumeirah

What did unit 30507 last sell for?

AED 5,700,000 on 26 October 2022: AED 3,463 per sqft for 1,646 sqft. The unit has 3 registered sales; the first was AED 3,922,740 in June 2013.

What is the rent for unit 30507?

AED 200,000 a year on the contract signed on 17 December 2020.

How big is unit 30507?

1,646 sqft (152.9 sqm): a two-bedroom apartment on the 5th floor of a 16-storey tower completed in 2016.

What is unit 30507 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 30507, Five Palm Jumeirah

Starts from the last sale price (AED 5.7M, 26 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 5,700,000
Deposit, UAE resident (20%)
AED 1,140,000
Deposit, non-resident (40%)
AED 2,280,000
Monthly over 25 years at 3.7%
AED 23,320

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