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2-bed · 1,646 sqftFive Palm Jumeirah, Palm Jumeirah · 10th floor · completed 2016

31007, Five Palm Jumeirah

Sold prices and rental history: sold twice, last in November 2014, and rented once, from July 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 31007 · DLD and Ejari recordsUpdated 15 July 2022
Last soldAED 5.16M27 November 2014
Current rentAED 200K /yr15 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 31007, Five Palm Jumeirah

What is 31007 worth today?

Last sold for AED 5,157,967 in 2014

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15 Jul 2022RentedNew contract
AED 200,000/yr12 months · AED 121 per sqft
27 Nov 2014SoldOff-plan
AED 5,157,967AED 3,133 per sqft
21 Jul 2013Sold by developerOff-plan
AED 4,227,842AED 2,568 per sqft

Source: Dubai Land Department. Updated 15 July 2022.

Key facts

Type
2-bed apartment
Size
1,646 sqft
Floor
10th of 16
Parking
B2-108
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 5.16M · November 2014
Building
Five Palm Jumeirah

About 31007, Five Palm Jumeirah

31007 is a two-bedroom apartment of 1,646 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 27 November 2014 for AED 5,157,967, or AED 3,133 per sqft, 20% above the AED 2,601 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 July 2022. The current contract, signed on 15 July 2022, is AED 200,000 a year: a gross yield of 3.9% on the 2014 price.

Sales and rents for 31007 over time

Sales
Unit 31007, 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 4,227,842 (AED 2,568 per sqft)Sold, November 2014: AED 5,157,967 (AED 3,133 per sqft)

31007 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 31007, 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 2022: 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 31007 sits

All 130 2-beds →

31007 last sold in November 2014 at AED 3,133 per sqft, 20% above what two-beds in Five Palm Jumeirah were fetching at the time (AED 2,601). 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. 31007'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 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

31007, Five Palm Jumeirah in numbers

  • Sold twice: first on 21 July 2013 for AED 4,227,842, last on 27 November 2014 for AED 5,157,967 (AED 3,133 per sqft).
  • Rented since July 2022 on one Ejari contract, at AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2014 price is 3.9%.
  • 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 15 July 2022.

Questions about 31007, Five Palm Jumeirah

What did unit 31007 last sell for?

AED 5,157,967 on 27 November 2014: AED 3,133 per sqft for 1,646 sqft. The unit has 2 registered sales; the first was AED 4,227,842 in July 2013.

What is the rent for unit 31007?

AED 200,000 a year on the contract signed on 15 July 2022.

How big is unit 31007?

1,646 sqft (152.9 sqm): a two-bedroom apartment on the 10th floor of a 16-storey tower completed in 2016.

What is unit 31007 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 31007, Five Palm Jumeirah

Starts from the last sale price (AED 5.16M, 27 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 5,157,967
Deposit, UAE resident (20%)
AED 1,031,593
Deposit, non-resident (40%)
AED 2,063,187
Monthly over 25 years at 3.7%
AED 21,103

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