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1-bed · 1,070 sqftFive Palm Jumeirah, Palm Jumeirah · 14th floor · completed 2016

31409, Five Palm Jumeirah

Sold prices and rental history: sold twice, last in May 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 31409 · DLD and Ejari recordsUpdated 30 May 2023
Last soldAED 3M30 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 31409, Five Palm Jumeirah

What is 31409 worth today?

Last sold for AED 3,000,000 in 2023

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30 May 2023SoldReady
AED 3,000,000AED 2,804 per sqft
19 Sep 2013Sold by developerOff-plan
AED 2,509,694AED 2,346 per sqft

Source: Dubai Land Department. Updated 30 May 2023.

Key facts

Type
1-bed apartment
Size
1,070 sqft
Floor
14th of 16
Parking
B2-115
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 3M · May 2023
Building
Five Palm Jumeirah

About 31409, Five Palm Jumeirah

31409 is a one-bedroom apartment of 1,070 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 30 May 2023 for AED 3,000,000, or AED 2,804 per sqft, in line with the AED 2,749 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 31409 over time

Sales
Unit 31409, 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, September 2013: AED 2,509,694 (AED 2,346 per sqft)Sold, May 2023: AED 3,000,000 (AED 2,804 per sqft)

31409 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 31409, 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 31409 sits

All 141 1-beds →

31409 last sold in May 2023 at AED 2,804 per sqft, in line with what one-beds in Five Palm Jumeirah were fetching at the time (AED 2,749). 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

31409, Five Palm Jumeirah in numbers

  • Sold twice: first on 19 September 2013 for AED 2,509,694, last on 30 May 2023 for AED 3,000,000 (AED 2,804 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 30 May 2023.

Questions about 31409, Five Palm Jumeirah

What did unit 31409 last sell for?

AED 3,000,000 on 30 May 2023: AED 2,804 per sqft for 1,070 sqft. The unit has 2 registered sales; the first was AED 2,509,694 in September 2013.

How big is unit 31409?

1,070 sqft (99.4 sqm): a one-bedroom apartment on the 14th floor of a 16-storey tower completed in 2016.

What is unit 31409 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.

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Mortgage on 31409, Five Palm Jumeirah

Starts from the last sale price (AED 3M, 30 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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