3-bed · 2,325 sqftFive Palm Jumeirah, Palm Jumeirah · 11th floor · completed 2016

31108, Five Palm Jumeirah

Sold prices and rental history: sold twice, last in September 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 31108 · DLD and Ejari recordsUpdated 18 September 2017
Last soldAED 5.37M18 September 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 31108, Five Palm Jumeirah

What is 31108 worth today?

Last sold for AED 5,368,630 in 2017

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18 Sep 2017SoldReady
AED 5,368,630AED 2,309 per sqft
31 May 2017Sold by developerReady
AED 4,970,953AED 2,138 per sqft

Source: Dubai Land Department. Updated 18 September 2017.

Key facts

Type
3-bed apartment
Size
2,325 sqft
Floor
11th of 16
Parking
B2-169, 171
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 5.37M · September 2017

About 31108, Five Palm Jumeirah

31108 is a three-bedroom apartment of 2,325 sqft on the 11th 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 18 September 2017 for AED 5,368,630, or AED 2,309 per sqft, 8% above the AED 2,142 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 31108 over time

Sales
Unit 31108, each saleTypical three-bed in Five Palm Jumeirah
5M10M15M2013201720212025Typical sale price by year: 2013 AED 5,467,284; 2014 AED 5,190,753; 2015 AED 5,300,000; 2017 AED 5,368,630; 2018 AED 4,750,000; 2021 AED 14,400,000; 2022 AED 6,000,000; 2023 AED 6,200,000; 2024 AED 5,470,000; 2025 AED 6,000,000Sold by developer, May 2017: AED 4,970,953 (AED 2,138 per sqft)Sold, September 2017: AED 5,368,630 (AED 2,309 per sqft)

31108 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 31108, each contractTypical three-bed in Five Palm Jumeirah
200K400K600K2017202020232026Typical rent by year: 2017 AED 310,000; 2018 AED 330,000; 2019 AED 292,500; 2020 AED 250,000; 2021 AED 261,953; 2022 AED 335,000; 2024 AED 580,000; 2025 AED 550,000

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Five Palm Jumeirah, and where 31108 sits

All 39 3-beds →

31108 last sold in September 2017 at AED 2,309 per sqft, 8% above what three-beds in Five Palm Jumeirah were fetching at the time (AED 2,142). Over the last 12 months three-beds sold for AED 6,000,000 to 18,000,000, around AED 2,667 per sqft, and rent for AED 345,000 to 380,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
26 Sep 20266,200,000
4 May 202618,000,000
10 Nov 20256,000,000
12 Jun 20255,800,000
3 3-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 11th floor

All 699 units in Five Palm Jumeirah
Value
111011-bedAED 2.55M · May 2015
11102StudioAED 1.4M · Sep 2013
11103StudioAED 1.71M · Jul 2013
11104StudioAED 1.71M · Sep 2013
11105StudioAED 1.71M · Jul 2013
11106StudioAED 1.73M · Oct 2013
111071-bedAED 2.74M · Aug 2013
1–7 of 44

31108, Five Palm Jumeirah in numbers

  • Sold twice: first on 31 May 2017 for AED 4,970,953, last on 18 September 2017 for AED 5,368,630 (AED 2,309 per sqft).
  • Three-beds in Five Palm Jumeirah sold for AED 6,000,000–18,000,000 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 18 September 2017.

Questions about 31108, Five Palm Jumeirah

What did unit 31108 last sell for?

AED 5,368,630 on 18 September 2017: AED 2,309 per sqft for 2,325 sqft. The unit has 2 registered sales; the first was AED 4,970,953 in May 2017.

How big is unit 31108?

2,325 sqft (216.0 sqm): a three-bedroom apartment on the 11th floor of a 16-storey tower completed in 2016.

What is unit 31108 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Five Palm Jumeirah sold for AED 6,000,000 to 18,000,000 in the last 12 months, around AED 2,667 per sqft.

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Mortgage on 31108, Five Palm Jumeirah

Starts from the last sale price (AED 5.37M, 18 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 5,368,630
Deposit, UAE resident (20%)
AED 1,073,726
Deposit, non-resident (40%)
AED 2,147,452
Monthly over 25 years at 3.7%
AED 21,965

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