4-bed · 6,583 sqftFive Palm Jumeirah, Palm Jumeirah · 14th floor · completed 2016

31401, Five Palm Jumeirah

Sold prices and rental history: sold twice, last in May 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 31401 · DLD and Ejari recordsUpdated 1 May 2018
Last soldAED 18.5M1 May 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 31401, Five Palm Jumeirah

What is 31401 worth today?

Last sold for AED 18,500,000 in 2018

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1 May 2018SoldReady
AED 18,500,000AED 2,810 per sqft
6 Nov 2013Sold by developerOff-plan
AED 17,157,318AED 2,606 per sqft

Source: Dubai Land Department. Updated 1 May 2018.

Key facts

Type
4-bed apartment
Size
6,583 sqft
Floor
14th of 16
Parking
B2-48, B2-49,B2-50
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 18.5M · May 2018

About 31401, Five Palm Jumeirah

31401 is a four-bedroom apartment of 6,583 sqft on the 14th 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 1 May 2018 for AED 18,500,000, or AED 2,810 per sqft, 52% above the AED 1,850 four-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 31401 over time

Sales
Unit 31401, each saleTypical four-bed in Five Palm Jumeirah
10M20M20132016201920222025Typical sale price by year: 2013 AED 12,989,326; 2014 AED 14,962,304; 2015 AED 13,532,889; 2016 AED 14,700,000; 2017 AED 12,715,867; 2018 AED 8,500,000; 2021 AED 14,150,000; 2024 AED 22,000,000Sold by developer, November 2013: AED 17,157,318 (AED 2,606 per sqft)Sold, May 2018: AED 18,500,000 (AED 2,810 per sqft)

31401 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 31401, each contractTypical four-bed in Five Palm Jumeirah
500K1M1.5M2017201920212023Typical rent by year: 2017 AED 680,000; 2018 AED 650,000; 2019 AED 650,000; 2020 AED 970,000; 2021 AED 700,000; 2022 AED 1,500,000

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

4-beds in Five Palm Jumeirah, and where 31401 sits

All 30 4-beds →

31401 last sold in May 2018 at AED 2,810 per sqft, 52% above what four-beds in Five Palm Jumeirah were fetching at the time (AED 1,850). Over the last 12 months four-beds sold for AED 13,250,000, around AED 3,232 per sqft, and rent for AED 1,400,000 to 1,400,000 a year.

Recent 4-bed salesUnit no.Price (AED)Summary
26 Feb 202613,250,000
6 May 202520,000,000
21 Jan 202522,500,000
14 Oct 202422,000,000
1 4-bed sale 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 14th floor

All 699 units in Five Palm Jumeirah
Value
114011-bedAED 4.92M · Nov 2015
114021-bedAED 3.55M · Oct 2013
11403StudioAED 1.69M · Jul 2022
11404StudioAED 2M · Jan 2024
114051-bedAED 2.86M · Aug 2013
114061-bedAED 3.46M · Nov 2013
114072-bedAED 5.74M · Mar 2017
1–7 of 25

31401, Five Palm Jumeirah in numbers

  • Sold twice: first on 6 November 2013 for AED 17,157,318, last on 1 May 2018 for AED 18,500,000 (AED 2,810 per sqft).
  • Four-beds in Five Palm Jumeirah sold for AED 13,250,000–13,250,000 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 May 2018.

Questions about 31401, Five Palm Jumeirah

What did unit 31401 last sell for?

AED 18,500,000 on 1 May 2018: AED 2,810 per sqft for 6,583 sqft. The unit has 2 registered sales; the first was AED 17,157,318 in November 2013.

How big is unit 31401?

6,583 sqft (611.6 sqm): a four-bedroom apartment on the 14th floor of a 16-storey tower completed in 2016.

What is unit 31401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Five Palm Jumeirah sold for AED 13,250,000 to 13,250,000 in the last 12 months, around AED 3,232 per sqft.

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Mortgage on 31401, Five Palm Jumeirah

Starts from the last sale price (AED 18.5M, 1 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 18,500,000
Deposit, UAE resident (20%)
AED 3,700,000
Deposit, non-resident (40%)
AED 7,400,000
Monthly over 25 years at 3.7%
AED 75,689

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