2-bed · 1,736 sqftFive Palm Jumeirah, Palm Jumeirah · 12th floor · completed 2016

31206, Five Palm Jumeirah

Sold prices and rental history: sold twice, last in January 2021, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 31206 · DLD and Ejari recordsUpdated 1 June 2025
Last soldAED 3.7M28 January 2021
Current rentAED 320K /yr1 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 31206, Five Palm Jumeirah

What is 31206 worth today?

Last sold for AED 3,700,000 in 2021

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1 Jun 2025RentedNew contract
AED 320,000/yr12 months · AED 185 per sqft
1 Jun 2025RentedNew contract
AED 320,000/yr12 months · AED 185 per sqft
28 Jan 2021SoldReady
AED 3,700,000AED 2,130 per sqft
1 Sep 2019RentedNew contract
AED 215,000/yr12 months · AED 124 per sqft
1 Sep 2017RentedNew contract
AED 255,000/yr12 months · AED 147 per sqft
18 Jun 2013Sold by developerOff-plan
AED 3,992,626AED 2,299 per sqft

Source: Dubai Land Department. Updated 1 June 2025.

Key facts

Type
2-bed apartment
Size
1,736 sqft
Floor
12th of 16
Parking
B2-119
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 3.7M · January 2021

About 31206, Five Palm Jumeirah

31206 is a two-bedroom apartment of 1,736 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. It last sold on 28 January 2021 for AED 3,700,000, or AED 2,130 per sqft, 28% above the AED 1,670 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 1 June 2025, is AED 320,000 a year: a gross yield of 8.6% on the 2021 price.

Sales and rents for 31206 over time

Sales
Unit 31206, 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 3,992,626 (AED 2,299 per sqft)Sold, January 2021: AED 3,700,000 (AED 2,130 per sqft)

31206 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 31206, 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, September 2017: AED 255,000 a yearNew contract, September 2019: AED 215,000 a yearNew contract, June 2025: AED 320,000 a yearNew contract, June 2025: AED 320,000 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 31206 sits

All 130 2-beds →

31206 last sold in January 2021 at AED 2,130 per sqft, 28% above what two-beds in Five Palm Jumeirah were fetching at the time (AED 1,670). 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. 31206's AED 320,000 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 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

31206, Five Palm Jumeirah in numbers

  • Sold twice: first on 18 June 2013 for AED 3,992,626, last on 28 January 2021 for AED 3,700,000 (AED 2,130 per sqft).
  • Rented since September 2017 on 4 Ejari contracts. The rent fell from AED 255,000 to AED 215,000 in 2019 and recovered to AED 320,000 by June 2025.
  • At AED 320,000 a year the gross yield on the 2021 price is 8.6%.
  • 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 1 June 2025.

Questions about 31206, Five Palm Jumeirah

What did unit 31206 last sell for?

AED 3,700,000 on 28 January 2021: AED 2,130 per sqft for 1,736 sqft. The unit has 2 registered sales; the first was AED 3,992,626 in June 2013.

What is the rent for unit 31206?

AED 320,000 a year on the contract signed on 1 June 2025. The previous contract, from June 2025, was AED 320,000; the unit has been rented since September 2017.

How big is unit 31206?

1,736 sqft (161.3 sqm): a two-bedroom apartment on the 12th floor of a 16-storey tower completed in 2016.

What is unit 31206 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 31206, Five Palm Jumeirah

Starts from the last sale price (AED 3.7M, 28 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,700,000
Deposit, UAE resident (20%)
AED 740,000
Deposit, non-resident (40%)
AED 1,480,000
Monthly over 25 years at 3.7%
AED 15,138

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