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2-bed · 1,645 sqftFive Palm Jumeirah, Palm Jumeirah · 13th floor · completed 2016

31307, Five Palm Jumeirah

Sold prices and rental history: sold once, by the developer in September 2013, and rented once, from June 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 31307 · DLD and Ejari recordsUpdated 23 June 2017
Last soldAED 4.36M1 September 2013
Current rentAED 280K /yr23 June 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 31307, Five Palm Jumeirah

What is 31307 worth today?

Last sold for AED 4,358,600 in 2013

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23 Jun 2017RentedNew contract
AED 280,000/yr12 months · AED 170 per sqft
1 Sep 2013Sold by developerOff-plan
AED 4,358,600AED 2,648 per sqft

Source: Dubai Land Department. Updated 23 June 2017.

Key facts

Type
2-bed apartment
Size
1,645 sqft
Floor
13th of 16
Parking
B2-118
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 4.36M · September 2013
Building
Five Palm Jumeirah

About 31307, Five Palm Jumeirah

31307 is a two-bedroom apartment of 1,645 sqft on the 13th 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 4,358,600, or AED 2,648 per sqft, 16% above the AED 2,288 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 23 June 2017. The current contract, signed on 23 June 2017, is AED 280,000 a year: a gross yield of 6.4% on the 2013 price.

Sales and rents for 31307 over time

Sales
Unit 31307, 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, September 2013: AED 4,358,600 (AED 2,648 per sqft)

31307 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 31307, 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, June 2017: AED 280,000 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 31307 sits

All 130 2-beds →

31307 last sold in September 2013 at AED 2,648 per sqft, 16% above what two-beds in Five Palm Jumeirah were fetching at the time (AED 2,288). 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. 31307's AED 280,000 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 13th floor

All 699 units in Five Palm Jumeirah
Value
113011-bedAED 2.82M · Jul 2014
113021-bedAED 3.55M · Oct 2013
113031-bedAED 2.85M · Jan 2022
11304StudioAED 1.89M · Jan 2023
11305StudioAED 1.69M · May 2022
113061-bedAED 3.55M · Sep 2018
113071-bedAED 2.86M · Aug 2013
1–7 of 29

31307, Five Palm Jumeirah in numbers

  • Sold once: by SKAI Zaya Real Estate Development on 1 September 2013 for AED 4,358,600, or AED 2,648 per sqft.
  • Rented since June 2017 on one Ejari contract, at AED 280,000 a year.
  • At AED 280,000 a year the gross yield on the 2013 price is 6.4%.
  • 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 23 June 2017.

Questions about 31307, Five Palm Jumeirah

What did unit 31307 last sell for?

AED 4,358,600 on 1 September 2013, sold by the developer: AED 2,648 per sqft for 1,645 sqft. It is the only registered sale of the unit.

What is the rent for unit 31307?

AED 280,000 a year on the contract signed on 23 June 2017.

How big is unit 31307?

1,645 sqft (152.8 sqm): a two-bedroom apartment on the 13th floor of a 16-storey tower completed in 2016.

What is unit 31307 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 31307, Five Palm Jumeirah

Starts from the last sale price (AED 4.36M, 1 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 4,358,600
Deposit, UAE resident (20%)
AED 871,720
Deposit, non-resident (40%)
AED 1,743,440
Monthly over 25 years at 3.7%
AED 17,832

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