31601, Five Palm Jumeirah
Sold prices and rental history: sold once, by the developer in January 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 31601, Five Palm Jumeirah
What is 31601 worth today?
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Source: Dubai Land Department. Updated 1 November 2022.
Key facts
- Type
- 4-bed apartment
- Size
- 14,184 sqft
- Floor
- 16th of 16
- Parking
- B2-91, B2-94, B2-95
- Developer
- SKAI Zaya Real Estate Development
- Completed
- 2016
- Last sold
- AED 10M · January 2018
- Building
- Five Palm Jumeirah
About 31601, Five Palm Jumeirah
31601 is a four-bedroom apartment of 14,184 sqft on the 16th floor of Five Palm Jumeirah, a 16-storey tower in Palm Jumeirah completed in 2016 by SKAI Zaya Real Estate Development. The developer sold it on 22 January 2018 for AED 10,000,000, or AED 705 per sqft, 62% below the AED 1,850 four-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 1 November 2022, is AED 3,000,000 a year: a gross yield of 30.0% on the 2018 price.
Sales and rents for 31601 over time
31601 has sold once; the dashed line is the four-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.
4-beds in Five Palm Jumeirah, and where 31601 sits
All 30 4-beds →31601 last sold in January 2018 at AED 705 per sqft, 62% below what four-beds in Five Palm Jumeirah were fetching at the time (AED 1,850). Over the last 12 months four-beds sold for AED 13,250,000, around AED 3,232 per sqft, and rent for AED 1,400,000 to 1,400,000 a year.
| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Feb 202626 February 2026 | 4,099 sqft | 13,250,000 | 3,232 | ||
| 6 May 20256 May 2025 | 5,331 sqft | 20,000,000 | 3,751 | ||
| 21 Jan 202521 January 2025 | 5,328 sqft | 22,500,000 | 4,222 | ||
| 14 Oct 202414 October 2024 | 5,324 sqft | 22,000,000 | 4,132 |
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 16th floor
All 699 units in Five Palm Jumeirah| ValueToday's value | |||||
|---|---|---|---|---|---|
| 11601 | 3-bed | 24,027 sqft | No registered sale | ||
| 11602 | Studio | 621 sqft | AED 2MAED 2,000,000 · Feb 2024February 2024 | ||
| 11603 | Studio | 813 sqft | AED 2.25MAED 2,250,541 · Nov 2015November 2015 | ||
| 11604 | 1-bed | 1,220 sqft | AED 3.15MAED 3,149,196 · Mar 2016March 2016 | ||
| 11605 | 1-bed | 1,624 sqft | AED 4.27MAED 4,270,000 · Jun 2023June 2023 | ||
| 11606 | 2-bed | 2,321 sqft | AED 2.92MAED 2,920,000 · Jun 2018June 2018 | ||
| 11607 | Studio | 625 sqft | AED 1.76MAED 1,757,718 · Sep 2013September 2013 | ||
| 21601 | Studio | 813 sqft | AED 2.3MAED 2,296,470 · Sep 2015September 2015 | ||
| 21602 | Studio | 621 sqft | AED 2MAED 2,000,000 · Feb 2024February 2024 | ||
| 21603 | 1-bed | 1,624 sqft | AED 4.46MAED 4,464,973 · Aug 2022August 2022 | 215,000 /yr | |
| 21604 | 1-bed | 1,220 sqft | AED 3.33MAED 3,334,813 · Jul 2013July 2013 | ||
| 21605 | Studio | 625 sqft | AED 1.76MAED 1,757,718 · Oct 2013October 2013 | ||
| 21606 | 2-bed | 3,179 sqft | AED 10.5MAED 10,500,000 · Jul 2025July 2025 | ||
| 31602 | 4-bed | 9,342 sqft | AED 22.03MAED 22,028,512 · Jun 2016June 2016 | ||
| 41601 | 4-bed | 14,187 sqft | AED 37MAED 37,000,000 · Nov 2021November 2021 | ||
| 41602 | 4-bed | 9,342 sqft | AED 23MAED 23,000,000 · Apr 2024April 2024 |
31601, Five Palm Jumeirah in numbers
- Sold once: by SKAI Zaya Real Estate Development on 22 January 2018 for AED 10,000,000, or AED 705 per sqft.
- Rented since May 2019 on 5 Ejari contracts, from AED 1,200,000 to AED 3,000,000 a year.
- At AED 3,000,000 a year the gross yield on the 2018 price is 30.0%.
- Four-beds in Five Palm Jumeirah sold for AED 13,250,000–13,250,000 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 November 2022.
Questions about 31601, Five Palm Jumeirah
What did unit 31601 last sell for?
AED 10,000,000 on 22 January 2018, sold by the developer: AED 705 per sqft for 14,184 sqft. It is the only registered sale of the unit.
What is the rent for unit 31601?
AED 3,000,000 a year on the contract renewed on 1 November 2022. The previous contract, from November 2021, was AED 3,000,000; the unit has been rented since May 2019.
How big is unit 31601?
14,184 sqft (1317.7 sqm): a four-bedroom apartment on the 16th floor of a 16-storey tower completed in 2016.
What is unit 31601 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Five Palm Jumeirah sold for AED 13,250,000 to 13,250,000 in the last 12 months, around AED 3,232 per sqft.
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Mortgage on 31601, Five Palm Jumeirah
Starts from the last sale price (AED 10M, 22 January 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 10,000,000
- Deposit, UAE resident (20%)
- AED 2,000,000
- Deposit, non-resident (40%)
- AED 4,000,000
- Monthly over 25 years at 3.7%
- AED 40,913
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →