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1-bed · 1,070 sqftFive Palm Jumeirah, Palm Jumeirah · 15th floor · completed 2016

31509, Five Palm Jumeirah

Sold prices and rental history: sold 3 times, last in July 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 31509 · DLD and Ejari recordsUpdated 9 July 2024
Last soldAED 3.3M9 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 31509, Five Palm Jumeirah

What is 31509 worth today?

Last sold for AED 3,300,000 in 2024

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9 Jul 2024SoldReady
AED 3,300,000AED 3,085 per sqft
24 Apr 2023SoldReady
AED 3,250,000AED 3,038 per sqft
24 Sep 2013Sold by developerOff-plan
AED 2,538,213AED 2,373 per sqft

Source: Dubai Land Department. Updated 9 July 2024.

Key facts

Type
1-bed apartment
Size
1,070 sqft
Floor
15th of 16
Parking
B2-99
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 3.3M · July 2024
Building
Five Palm Jumeirah

About 31509, Five Palm Jumeirah

31509 is a one-bedroom apartment of 1,070 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 9 July 2024 for AED 3,300,000, or AED 3,085 per sqft, in line with the AED 3,028 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 31509 over time

Sales
Unit 31509, 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 2,538,213 (AED 2,373 per sqft)Sold, April 2023: AED 3,250,000 (AED 3,038 per sqft)Sold, July 2024: AED 3,300,000 (AED 3,085 per sqft)

31509 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 31509, 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 31509 sits

All 141 1-beds →

31509 last sold in July 2024 at AED 3,085 per sqft, in line with what one-beds in Five Palm Jumeirah were fetching at the time (AED 3,028). 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 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

31509, Five Palm Jumeirah in numbers

  • Sold 3 times: first on 24 September 2013 for AED 2,538,213, last on 9 July 2024 for AED 3,300,000 (AED 3,085 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 9 July 2024.

Questions about 31509, Five Palm Jumeirah

What did unit 31509 last sell for?

AED 3,300,000 on 9 July 2024: AED 3,085 per sqft for 1,070 sqft. The unit has 3 registered sales; the first was AED 2,538,213 in September 2013.

How big is unit 31509?

1,070 sqft (99.4 sqm): a one-bedroom apartment on the 15th floor of a 16-storey tower completed in 2016.

What is unit 31509 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 31509, Five Palm Jumeirah

Starts from the last sale price (AED 3.3M, 9 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

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