Home
Dubai prices
About
Blog
2-bed · 1,740 sqftFive Palm Jumeirah, Palm Jumeirah · 10th floor · completed 2016

31006, Five Palm Jumeirah

Sold prices and rental history: sold 8 times, last in May 2023, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 31006 · DLD and Ejari recordsUpdated 5 May 2023
Last soldAED 5.6M5 May 2023
Current rentAED 210K /yr22 December 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 31006

Property timeline for 31006, Five Palm Jumeirah

What is 31006 worth today?

Last sold for AED 5,600,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

5 May 2023SoldReady
AED 5,600,000AED 3,218 per sqft
25 Oct 2022SoldReady
AED 5,200,000AED 2,988 per sqft
17 May 2022SoldReady
AED 4,600,000AED 2,644 per sqft
30 Dec 2020SoldReady
AED 3,500,000AED 2,011 per sqft
22 Dec 2018RentedNew contract
AED 210,000/yr12 months · AED 120 per sqft
9 Oct 2018SoldReady
AED 4,500,000AED 2,586 per sqft
19 Jul 2018SoldReady
AED 4,568,370AED 2,625 per sqft
7 Jul 2017RentedNew contract
AED 230,000/yr12 months · AED 132 per sqft

Source: Dubai Land Department. Updated 5 May 2023.

Key facts

Type
2-bed apartment
Size
1,740 sqft
Floor
10th of 16
Parking
B2-81
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 5.6M · May 2023
Building
Five Palm Jumeirah

About 31006, Five Palm Jumeirah

31006 is a two-bedroom apartment of 1,740 sqft on the 10th 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 5 May 2023 for AED 5,600,000, or AED 3,218 per sqft, 20% above the AED 2,680 two-beds in the building were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 22 December 2018, is AED 210,000 a year: a gross yield of 3.8% on the 2023 price.

Sales and rents for 31006 over time

Sales
Unit 31006, 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 3,900,841 (AED 2,242 per sqft)Sold, February 2015: AED 4,568,370 (AED 2,625 per sqft)Sold, July 2018: AED 4,568,370 (AED 2,625 per sqft)Sold, October 2018: AED 4,500,000 (AED 2,586 per sqft)Sold, December 2020: AED 3,500,000 (AED 2,011 per sqft)Sold, May 2022: AED 4,600,000 (AED 2,644 per sqft)Sold, October 2022: AED 5,200,000 (AED 2,988 per sqft)Sold, May 2023: AED 5,600,000 (AED 3,218 per sqft)

31006 has sold 8 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 31006, 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, July 2017: AED 230,000 a yearNew contract, December 2018: AED 210,000 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 31006 sits

All 130 2-beds →

31006 last sold in May 2023 at AED 3,218 per sqft, 20% above what two-beds in Five Palm Jumeirah were fetching at the time (AED 2,680). 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. 31006's AED 210,000 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 10th floor

All 699 units in Five Palm Jumeirah
Value
110011-bedAED 2.6M · Aug 2015
11002StudioAED 1.29M · Aug 2025
11003StudioAED 1.71M · Jul 2013
11004StudioAED 1.71M · Sep 2013
11005StudioAED 1.71M · Jul 2013
11006StudioAED 1.68M · Aug 2022
110071-bedAED 2.74M · Aug 2013
1–7 of 49

31006, Five Palm Jumeirah in numbers

  • Sold 8 times: first on 21 July 2013 for AED 3,900,841, last on 5 May 2023 for AED 5,600,000 (AED 3,218 per sqft).
  • Rented since July 2017 on 2 Ejari contracts, from AED 230,000 to AED 210,000 a year.
  • At AED 210,000 a year the gross yield on the 2023 price is 3.8%.
  • 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 5 May 2023.

Questions about 31006, Five Palm Jumeirah

What did unit 31006 last sell for?

AED 5,600,000 on 5 May 2023: AED 3,218 per sqft for 1,740 sqft. The unit has 8 registered sales; the first was AED 3,900,841 in July 2013.

What is the rent for unit 31006?

AED 210,000 a year on the contract signed on 22 December 2018. The previous contract, from July 2017, was AED 230,000.

How big is unit 31006?

1,740 sqft (161.7 sqm): a two-bedroom apartment on the 10th floor of a 16-storey tower completed in 2016.

What is unit 31006 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.

Selling 31006? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 31006, Five Palm Jumeirah

Starts from the last sale price (AED 5.6M, 5 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 5,600,000
Deposit, UAE resident (20%)
AED 1,120,000
Deposit, non-resident (40%)
AED 2,240,000
Monthly over 25 years at 3.7%
AED 22,911

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