3-bed · 2,774 sqftFive Palm Jumeirah, Palm Jumeirah · 12th floor · completed 2016

31202, Five Palm Jumeirah

Sold prices and rental history: sold once, by the developer in September 2013, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 31202 · DLD and Ejari recordsUpdated 10 July 2021
Last soldAED 6.28M1 September 2013
Current rentAED 263K /yr10 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 31202, Five Palm Jumeirah

What is 31202 worth today?

Last sold for AED 6,275,119 in 2013

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10 Jul 2021RentedRenewal
AED 262,500/yr12 months · AED 95 per sqft
10 Jul 2020RentedNew contract
AED 250,000/yr12 months · AED 90 per sqft
4 Jul 2019RentedNew contract
AED 310,000/yr12 months · AED 112 per sqft
23 Apr 2018RentedNew contract
AED 360,000/yr12 months · AED 130 per sqft
1 Sep 2013Sold by developerOff-plan
AED 6,275,119AED 2,262 per sqft

Source: Dubai Land Department. Updated 10 July 2021.

Key facts

Type
3-bed apartment
Size
2,774 sqft
Floor
12th of 16
Parking
B2-87,B2-88
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 6.28M · September 2013

About 31202, Five Palm Jumeirah

31202 is a three-bedroom apartment of 2,774 sqft on the 12th floor of Five Palm Jumeirah, a 16-storey tower in Palm Jumeirah completed in 2016 by SKAI Zaya Real Estate Development. The developer sold it on 1 September 2013 for AED 6,275,119, or AED 2,262 per sqft, 10% above the AED 2,061 three-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 10 July 2021, is AED 262,500 a year: a gross yield of 4.2% on the 2013 price.

Sales and rents for 31202 over time

Sales
Unit 31202, 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, September 2013: AED 6,275,119 (AED 2,262 per sqft)

31202 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 31202, 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 550,000New contract, April 2018: AED 360,000 a yearNew contract, July 2019: AED 310,000 a yearNew contract, July 2020: AED 250,000 a yearRenewal, July 2021: AED 262,500 a year

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 31202 sits

All 39 3-beds →

31202 last sold in September 2013 at AED 2,262 per sqft, 10% above what three-beds in Five Palm Jumeirah were fetching at the time (AED 2,061). 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 12th floor

All 699 units in Five Palm Jumeirah
Value
112011-bedAED 2.43M · Sep 2013
112021-bedAED 2.8M · Dec 2018
112031-bedAED 2.89M · Aug 2013
11204StudioAED 2M · Jan 2024
11205StudioAED 1.15M · Mar 2018
112061-bedAED 2M · Jul 2023
11207StudioAED 1.73M · Jul 2013
1–7 of 32

31202, Five Palm Jumeirah in numbers

  • Sold once: by SKAI Zaya Real Estate Development on 1 September 2013 for AED 6,275,119, or AED 2,262 per sqft.
  • Rented since April 2018 on 4 Ejari contracts, from AED 360,000 to AED 262,500 a year.
  • At AED 262,500 a year the gross yield on the 2013 price is 4.2%.
  • 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 10 July 2021.

Questions about 31202, Five Palm Jumeirah

What did unit 31202 last sell for?

AED 6,275,119 on 1 September 2013, sold by the developer: AED 2,262 per sqft for 2,774 sqft. It is the only registered sale of the unit.

What is the rent for unit 31202?

AED 262,500 a year on the contract renewed on 10 July 2021. The previous contract, from July 2020, was AED 250,000; the unit has been rented since April 2018.

How big is unit 31202?

2,774 sqft (257.7 sqm): a three-bedroom apartment on the 12th floor of a 16-storey tower completed in 2016.

What is unit 31202 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 31202, Five Palm Jumeirah

Starts from the last sale price (AED 6.28M, 1 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 6,275,119
Deposit, UAE resident (20%)
AED 1,255,024
Deposit, non-resident (40%)
AED 2,510,048
Monthly over 25 years at 3.7%
AED 25,673

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