2-bed · 1,646 sqftFive Palm Jumeirah, Palm Jumeirah · 14th floor · completed 2016

31407, Five Palm Jumeirah

Sold prices and rental history: sold 5 times, last in April 2025, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 31407 · DLD and Ejari recordsUpdated 18 April 2025
Last soldAED 7.1M18 April 2025
Current rentAED 210K /yr4 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 31407, Five Palm Jumeirah

What is 31407 worth today?

Last sold for AED 7,100,000 in 2025

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

18 Apr 2025SoldReady
AED 7,100,000AED 4,314 per sqft
17 Oct 2024SoldReady
AED 6,300,000AED 3,827 per sqft
4 Jun 2022RentedRenewal
AED 210,000/yr12 months · AED 128 per sqft
4 Jun 2021RentedNew contract
AED 210,000/yr12 months · AED 128 per sqft
2 Jun 2021SoldReady
AED 4,500,000AED 2,734 per sqft
18 Aug 2016SoldOff-plan
AED 5,414,689AED 3,289 per sqft
22 Sep 2013Sold by developerOff-plan
AED 4,402,186AED 2,674 per sqft

Source: Dubai Land Department. Updated 18 April 2025.

Key facts

Type
2-bed apartment
Size
1,646 sqft
Floor
14th of 16
Parking
B2-160
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 7.1M · April 2025

About 31407, Five Palm Jumeirah

31407 is a two-bedroom apartment of 1,646 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 18 April 2025 for AED 7,100,000, or AED 4,314 per sqft, 38% above the AED 3,131 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 4 June 2022, is AED 210,000 a year: a gross yield of 3.0% on the 2025 price.

Sales and rents for 31407 over time

Sales
Unit 31407, each saleTypical two-bed in Five Palm Jumeirah
2M4M6M2013201720212025Typical 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 4,402,186 (AED 2,674 per sqft)Sold, August 2016: AED 5,414,689 (AED 3,289 per sqft)Sold, June 2021: AED 4,500,000 (AED 2,734 per sqft)Sold, October 2024: AED 6,300,000 (AED 3,827 per sqft)Sold, April 2025: AED 7,100,000 (AED 4,314 per sqft)

31407 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 31407, 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 2021: AED 210,000 a yearRenewal, June 2022: AED 210,000 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 31407 sits

All 130 2-beds →

31407 last sold in April 2025 at AED 4,314 per sqft, 38% above what two-beds in Five Palm Jumeirah were fetching at the time (AED 3,131). 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. 31407's AED 210,000 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 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

31407, Five Palm Jumeirah in numbers

  • Sold 5 times: first on 22 September 2013 for AED 4,402,186, last on 18 April 2025 for AED 7,100,000 (AED 4,314 per sqft).
  • Rented since June 2021 on 2 Ejari contracts, at AED 210,000 a year.
  • At AED 210,000 a year the gross yield on the 2025 price is 3.0%.
  • 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 18 April 2025.

Questions about 31407, Five Palm Jumeirah

What did unit 31407 last sell for?

AED 7,100,000 on 18 April 2025: AED 4,314 per sqft for 1,646 sqft. The unit has 5 registered sales; the first was AED 4,402,186 in September 2013.

What is the rent for unit 31407?

AED 210,000 a year on the contract renewed on 4 June 2022. The previous contract, from June 2021, was AED 210,000.

How big is unit 31407?

1,646 sqft (152.9 sqm): a two-bedroom apartment on the 14th floor of a 16-storey tower completed in 2016.

What is unit 31407 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.

Selling 31407? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 31407, Five Palm Jumeirah

Starts from the last sale price (AED 7.1M, 18 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 7,100,000
Deposit, UAE resident (20%)
AED 1,420,000
Deposit, non-resident (40%)
AED 2,840,000
Monthly over 25 years at 3.7%
AED 29,048

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