2-bed · 1,646 sqftFive Palm Jumeirah, Palm Jumeirah · 15th floor · completed 2016

31507, Five Palm Jumeirah

Sold prices and rental history: sold twice, last in June 2017, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 31507 · DLD and Ejari recordsUpdated 24 February 2026
Last soldAED 4.89M12 June 2017
Current rentAED 400K /yr24 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 31507, Five Palm Jumeirah

What is 31507 worth today?

Last sold for AED 4,890,000 in 2017

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24 Feb 2026RentedNew contract
AED 400,000/yr12 months · AED 243 per sqft
7 Feb 2025RentedNew contract
AED 370,000/yr12 months · AED 225 per sqft
7 Feb 2025RentedNew contract
AED 370,000/yr12 months · AED 225 per sqft
16 Dec 2024RentedNew contract
AED 390,000/yr12 months · AED 237 per sqft
6 Dec 2023RentedNew contract
AED 400,000/yr12 months · AED 243 per sqft
12 Jun 2017SoldReady
AED 4,890,000AED 2,970 per sqft
11 Jun 2017Sold by developerReady
AED 4,445,772AED 2,701 per sqft

Source: Dubai Land Department. Updated 24 February 2026.

Key facts

Type
2-bed apartment
Size
1,646 sqft
Floor
15th of 16
Parking
B2-103
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 4.89M · June 2017

About 31507, Five Palm Jumeirah

31507 is a two-bedroom apartment of 1,646 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 12 June 2017 for AED 4,890,000, or AED 2,970 per sqft, 24% above the AED 2,387 two-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, signed on 24 February 2026, is AED 400,000 a year: a gross yield of 8.2% on the 2017 price.

Sales and rents for 31507 over time

Sales
Unit 31507, each saleTypical two-bed in Five Palm Jumeirah
4M6M2013201720212025Typical 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, June 2017: AED 4,890,000 (AED 2,970 per sqft)Sold by developer, June 2017: AED 4,445,772 (AED 2,701 per sqft)

31507 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 31507, each contractTypical two-bed in Five Palm Jumeirah
200K300K400K2017202020232026Typical 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, December 2023: AED 400,000 a yearNew contract, December 2024: AED 390,000 a yearNew contract, February 2025: AED 370,000 a yearNew contract, February 2025: AED 370,000 a yearNew contract, February 2026: AED 400,000 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 31507 sits

All 130 2-beds →

31507 last sold in June 2017 at AED 2,970 per sqft, 24% above what two-beds in Five Palm Jumeirah were fetching at the time (AED 2,387). 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. 31507's AED 400,000 is in the upper 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 15th floor

All 699 units in Five Palm Jumeirah
Value
115011-bedAED 4.92M · Nov 2015
115021-bedAED 3.18M · Mar 2017
11503StudioAED 1.73M · Jul 2013
11504StudioAED 1.75M · Dec 2022
115051-bedAED 2.86M · Aug 2013
115061-bedAED 4M · Feb 2025
115072-bedAED 5.85M · Oct 2013
1–7 of 25

31507, Five Palm Jumeirah in numbers

  • Sold twice: first on 11 June 2017 for AED 4,445,772, last on 12 June 2017 for AED 4,890,000 (AED 2,970 per sqft).
  • Rented since December 2023 on 5 Ejari contracts, at AED 400,000 a year.
  • At AED 400,000 a year the gross yield on the 2017 price is 8.2%.
  • 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 24 February 2026.

Questions about 31507, Five Palm Jumeirah

What did unit 31507 last sell for?

AED 4,890,000 on 12 June 2017: AED 2,970 per sqft for 1,646 sqft. The unit has 2 registered sales; the first was AED 4,445,772 in June 2017.

What is the rent for unit 31507?

AED 400,000 a year on the contract signed on 24 February 2026. The previous contract, from February 2025, was AED 370,000; the unit has been rented since December 2023.

How big is unit 31507?

1,646 sqft (152.9 sqm): a two-bedroom apartment on the 15th floor of a 16-storey tower completed in 2016.

What is unit 31507 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 31507, Five Palm Jumeirah

Starts from the last sale price (AED 4.89M, 12 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 4,890,000
Deposit, UAE resident (20%)
AED 978,000
Deposit, non-resident (40%)
AED 1,956,000
Monthly over 25 years at 3.7%
AED 20,007

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