1-bed · 1,077 sqftFive Palm Jumeirah, Palm Jumeirah · 14th floor · completed 2016

31408, Five Palm Jumeirah

Sold prices and rental history: sold 3 times, last in May 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 31408 · DLD and Ejari recordsUpdated 27 May 2022
Last soldAED 2.95M27 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 31408, Five Palm Jumeirah

What is 31408 worth today?

Last sold for AED 2,950,000 in 2022

Unlock today's estimate, updated daily, with

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

27 May 2022SoldReady
AED 2,950,000AED 2,739 per sqft
6 Apr 2017SoldOff-plan
AED 2,600,000AED 2,414 per sqft
17 Jul 2013Sold by developerOff-plan
AED 2,381,104AED 2,211 per sqft

Source: Dubai Land Department. Updated 27 May 2022.

Key facts

Type
1-bed apartment
Size
1,077 sqft
Floor
14th of 16
Parking
B2-116
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 2.95M · May 2022

About 31408, Five Palm Jumeirah

31408 is a one-bedroom apartment of 1,077 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 27 May 2022 for AED 2,950,000, or AED 2,739 per sqft, 23% above the AED 2,223 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 31408 over time

Sales
Unit 31408, each saleTypical one-bed in Five Palm Jumeirah
2M4M2013201720212025Typical sale price by year: 2013 AED 2,825,258; 2014 AED 2,774,705; 2015 AED 4,729,477; 2016 AED 3,206,664; 2017 AED 2,807,500; 2018 AED 2,400,000; 2019 AED 2,606,653; 2020 AED 2,000,000; 2021 AED 2,400,000; 2022 AED 3,050,000; 2023 AED 3,100,000; 2024 AED 2,914,456; 2025 AED 3,600,000Sold by developer, July 2013: AED 2,381,104 (AED 2,211 per sqft)Sold, April 2017: AED 2,600,000 (AED 2,414 per sqft)Sold, May 2022: AED 2,950,000 (AED 2,739 per sqft)

31408 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 31408, each contractTypical one-bed in Five Palm Jumeirah
200K400K2017202020232026Typical rent by year: 2017 AED 170,000; 2018 AED 160,000; 2019 AED 160,000; 2020 AED 140,000; 2021 AED 150,000; 2022 AED 162,500; 2023 AED 250,000; 2024 AED 363,750; 2025 AED 230,000; 2026 AED 210,000

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

1-beds in Five Palm Jumeirah, and where 31408 sits

All 141 1-beds →

31408 last sold in May 2022 at AED 2,739 per sqft, 23% above what one-beds in Five Palm Jumeirah were fetching at the time (AED 2,223). Over the last 12 months one-beds sold for AED 3,100,000 to 3,600,000, around AED 2,756 per sqft, and rent for AED 170,000 to 260,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Oct 20263,600,000
17 Apr 20263,100,000
24 Oct 20253,700,000
24 Jun 20254,000,000
2 1-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

31408, Five Palm Jumeirah in numbers

  • Sold 3 times: first on 17 July 2013 for AED 2,381,104, last on 27 May 2022 for AED 2,950,000 (AED 2,739 per sqft).
  • One-beds in Five Palm Jumeirah sold for AED 3,100,000–3,600,000 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 27 May 2022.

Questions about 31408, Five Palm Jumeirah

What did unit 31408 last sell for?

AED 2,950,000 on 27 May 2022: AED 2,739 per sqft for 1,077 sqft. The unit has 3 registered sales; the first was AED 2,381,104 in July 2013.

How big is unit 31408?

1,077 sqft (100.1 sqm): a one-bedroom apartment on the 14th floor of a 16-storey tower completed in 2016.

What is unit 31408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Five Palm Jumeirah sold for AED 3,100,000 to 3,600,000 in the last 12 months, around AED 2,756 per sqft.

Selling 31408? 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 31408, Five Palm Jumeirah

Starts from the last sale price (AED 2.95M, 27 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,950,000
Deposit, UAE resident (20%)
AED 590,000
Deposit, non-resident (40%)
AED 1,180,000
Monthly over 25 years at 3.7%
AED 12,069

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