2-bed · 1,745 sqftFive Palm Jumeirah, Palm Jumeirah · 11th floor · completed 2016

41106, Five Palm Jumeirah

Sold prices and rental history: sold 4 times, last in July 2023, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 41106 · DLD and Ejari recordsUpdated 28 July 2024
Last soldAED 5.6M13 July 2023
Current rentAED 415K /yr28 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 41106, Five Palm Jumeirah

What is 41106 worth today?

Last sold for AED 5,600,000 in 2023

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28 Jul 2024RentedRenewal
AED 415,000/yr12 months · AED 238 per sqft
13 Jul 2023SoldReady
AED 5,600,000AED 3,209 per sqft
3 Nov 2022SoldReady
AED 5,100,000AED 2,922 per sqft
10 Mar 2018RentedNew contract
AED 245,000/yr12 months · AED 141 per sqft
18 Dec 2013SoldOff-plan
AED 4,728,737AED 2,709 per sqft
18 Jun 2013Sold by developerOff-plan
AED 4,222,087AED 2,419 per sqft

Source: Dubai Land Department. Updated 28 July 2024.

Key facts

Type
2-bed apartment
Size
1,745 sqft
Floor
11th of 16
Parking
B2-319
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 5.6M · July 2023

About 41106, Five Palm Jumeirah

41106 is a two-bedroom apartment of 1,745 sqft on the 11th 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 13 July 2023 for AED 5,600,000, or AED 3,209 per sqft, 14% above the AED 2,810 two-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, renewed on 28 July 2024, is AED 415,000 a year: a gross yield of 7.4% on the 2023 price.

Sales and rents for 41106 over time

Sales
Unit 41106, 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 by developer, June 2013: AED 4,222,087 (AED 2,419 per sqft)Sold, December 2013: AED 4,728,737 (AED 2,709 per sqft)Sold, November 2022: AED 5,100,000 (AED 2,922 per sqft)Sold, July 2023: AED 5,600,000 (AED 3,209 per sqft)

41106 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 41106, 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, March 2018: AED 245,000 a yearRenewal, July 2024: AED 415,000 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 41106 sits

All 130 2-beds →

41106 last sold in July 2023 at AED 3,209 per sqft, 14% above what two-beds in Five Palm Jumeirah were fetching at the time (AED 2,810). 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. 41106's AED 415,000 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 11th floor

All 699 units in Five Palm Jumeirah
Value
111011-bedAED 2.55M · May 2015
11102StudioAED 1.4M · Sep 2013
11103StudioAED 1.71M · Jul 2013
11104StudioAED 1.71M · Sep 2013
11105StudioAED 1.71M · Jul 2013
11106StudioAED 1.73M · Oct 2013
111071-bedAED 2.74M · Aug 2013
1–7 of 44

41106, Five Palm Jumeirah in numbers

  • Sold 4 times: first on 18 June 2013 for AED 4,222,087, last on 13 July 2023 for AED 5,600,000 (AED 3,209 per sqft).
  • Rented since March 2018 on 2 Ejari contracts, from AED 245,000 to AED 415,000 a year.
  • At AED 415,000 a year the gross yield on the 2023 price is 7.4%.
  • 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 28 July 2024.

Questions about 41106, Five Palm Jumeirah

What did unit 41106 last sell for?

AED 5,600,000 on 13 July 2023: AED 3,209 per sqft for 1,745 sqft. The unit has 4 registered sales; the first was AED 4,222,087 in June 2013.

What is the rent for unit 41106?

AED 415,000 a year on the contract renewed on 28 July 2024. The previous contract, from March 2018, was AED 245,000.

How big is unit 41106?

1,745 sqft (162.1 sqm): a two-bedroom apartment on the 11th floor of a 16-storey tower completed in 2016.

What is unit 41106 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 41106, Five Palm Jumeirah

Starts from the last sale price (AED 5.6M, 13 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 5,600,000
Deposit, UAE resident (20%)
AED 1,120,000
Deposit, non-resident (40%)
AED 2,240,000
Monthly over 25 years at 3.7%
AED 22,911

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