31506, Five Palm Jumeirah
Sold prices and rental history: sold 3 times, last in May 2025, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 31506, Five Palm Jumeirah
What is 31506 worth today?
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Source: Dubai Land Department. Updated 1 March 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,741 sqft
- Floor
- 15th of 16
- Parking
- B2-151
- Developer
- SKAI Zaya Real Estate Development
- Completed
- 2016
- Last sold
- AED 6M · May 2025
- Building
- Five Palm Jumeirah
About 31506, Five Palm Jumeirah
31506 is a two-bedroom apartment of 1,741 sqft on the 15th 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 21 May 2025 for AED 6,000,000, or AED 3,445 per sqft, in line with the AED 3,411 two-beds in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 1 March 2026, is AED 340,000 a year: a gross yield of 5.7% on the 2025 price.
Sales and rents for 31506 over time
31506 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 31506 sits
All 130 2-beds →31506 last sold in May 2025 at AED 3,445 per sqft, in line with what two-beds in Five Palm Jumeirah were fetching at the time (AED 3,411). 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. 31506's AED 340,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Sep 202624 September 2026 | 1,646 sqft | 3,402,000 | 2,067 | ||
| 18 Feb 202618 February 2026 | 3,022 sqft | 7,700,000 | 2,548 | ||
| 6 Feb 20266 February 2026 | 1,946 sqft | 5,050,000 | 2,595 | ||
| 6 Jan 20266 January 2026 | 1,646 sqft | 5,600,000 | 3,402 |
Five Palm Jumeirah
Building699 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%
Other units on the 15th floor
All 699 units in Five Palm Jumeirah| ValueToday's value | |||||
|---|---|---|---|---|---|
| 11501 | 1-bed | 1,490 sqft | AED 4.92MAED 4,922,336 · Nov 2015November 2015 | ||
| 11502 | 1-bed | 1,226 sqft | AED 3.18MAED 3,183,128 · Mar 2017March 2017 | ||
| 11503 | Studio | 615 sqft | AED 1.73MAED 1,730,493 · Jul 2013July 2013 | ||
| 11504 | Studio | 637 sqft | AED 1.75MAED 1,752,960 · Dec 2022December 2022 | 84,000 /yr | |
| 11505 | 1-bed | 1,009 sqft | AED 2.86MAED 2,855,628 · Aug 2013August 2013 | ||
| 11506 | 1-bed | 1,219 sqft | AED 4MAED 4,000,000 · Feb 2025February 2025 | ||
| 11507 | 2-bed | 2,031 sqft | AED 5.85MAED 5,845,863 · Oct 2013October 2013 | ||
| 11508 | Studio | 622 sqft | AED 1.73MAED 1,730,493 · Oct 2013October 2013 | ||
| 21501 | 1-bed | 1,490 sqft | AED 5.05MAED 5,048,550 · Jun 2015June 2015 | ||
| 21502 | 1-bed | 1,226 sqft | AED 3.49MAED 3,490,273 · Jul 2013July 2013 | ||
| 21503 | Studio | 615 sqft | AED 1.73MAED 1,730,493 · Apr 2018April 2018 | ||
| 21504 | Studio | 637 sqft | AED 1.85MAED 1,851,628 · Nov 2014November 2014 | ||
| 21505 | 1-bed | 1,009 sqft | AED 2.78MAED 2,775,660 · Nov 2022November 2022 | 134,000 /yr | |
| 21506 | 1-bed | 1,219 sqft | AED 3.46MAED 3,460,655 · Jul 2013July 2013 | ||
| 21507 | 2-bed | 2,030 sqft | AED 3.92MAED 3,920,000 · Aug 2019August 2019 | ||
| 21508 | Studio | 622 sqft | AED 1.73MAED 1,730,493 · Oct 2013October 2013 | ||
| 31501 | 4-bed | 5,678 sqft | AED 18.4MAED 18,400,000 · Jun 2022June 2022 | 650,000 /yr | |
| 31507 | 2-bed | 1,646 sqft | AED 4.89MAED 4,890,000 · Jun 2017June 2017 | 400,000 /yr | |
| 31508 | 1-bed | 1,077 sqft | AED 3.15MAED 3,150,000 · Dec 2022December 2022 | 190,000 /yr | |
| 31509 | 1-bed | 1,070 sqft | AED 3.3MAED 3,300,000 · Jul 2024July 2024 | ||
| 41501 | 4-bed | 5,678 sqft | AED 22.7MAED 22,700,000 · Apr 2024April 2024 | 750,000 /yr | |
| 41506 | 2-bed | 1,742 sqft | AED 4.25MAED 4,250,000 · Mar 2022March 2022 | ||
| 41507 | 2-bed | 1,646 sqft | AED 6.85MAED 6,850,000 · Jun 2024June 2024 | 310,000 /yr | |
| 41508 | 1-bed | 1,077 sqft | AED 2.75MAED 2,745,304 · Jun 2014June 2014 | 140,000 /yr | |
| 41509 | 1-bed | 1,072 sqft | AED 3.19MAED 3,186,171 · Jun 2014June 2014 | 145,000 /yr |
31506, Five Palm Jumeirah in numbers
- Sold 3 times: first on 16 May 2017 for AED 4,580,000, last on 21 May 2025 for AED 6,000,000 (AED 3,445 per sqft).
- Rented since June 2020 on 3 Ejari contracts, from AED 200,000 to AED 340,000 a year.
- At AED 340,000 a year the gross yield on the 2025 price is 5.7%.
- 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 1 March 2026.
Questions about 31506, Five Palm Jumeirah
What did unit 31506 last sell for?
AED 6,000,000 on 21 May 2025: AED 3,445 per sqft for 1,741 sqft. The unit has 3 registered sales; the first was AED 4,580,000 in May 2017.
What is the rent for unit 31506?
AED 340,000 a year on the contract signed on 1 March 2026. The previous contract, from May 2023, was AED 330,000; the unit has been rented since June 2020.
How big is unit 31506?
1,741 sqft (161.7 sqm): a two-bedroom apartment on the 15th floor of a 16-storey tower completed in 2016.
What is unit 31506 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 31506, Five Palm Jumeirah
Starts from the last sale price (AED 6M, 21 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 6,000,000
- Deposit, UAE resident (20%)
- AED 1,200,000
- Deposit, non-resident (40%)
- AED 2,400,000
- Monthly over 25 years at 3.7%
- AED 24,548
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →