4-bed · 5,678 sqftFive Palm Jumeirah, Palm Jumeirah · 15th floor · completed 2016

41501, Five Palm Jumeirah

Sold prices and rental history: sold 3 times, last in April 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 41501 · DLD and Ejari recordsUpdated 6 April 2024
Last soldAED 22.7M6 April 2024
Current rentAED 750K /yr30 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 41501, Five Palm Jumeirah

What is 41501 worth today?

Last sold for AED 22,700,000 in 2024

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6 Apr 2024SoldReady
AED 22,700,000AED 3,997 per sqft
30 Sep 2021RentedRenewal
AED 750,000/yr12 months · AED 132 per sqft
30 Sep 2020RentedNew contract
AED 600,000/yr12 months · AED 106 per sqft
31 Oct 2019RentedNew contract
AED 600,000/yr12 months · AED 106 per sqft
1 Dec 2018RentedNew contract
AED 700,000/yr12 months · AED 123 per sqft
28 Jul 2018RentedNew contract
AED 725,000/yr12 months · AED 128 per sqft
25 Jun 2014SoldOff-plan
AED 17,308,569AED 3,048 per sqft
5 Oct 2013Sold by developerOff-plan
AED 15,182,955AED 2,673 per sqft

Source: Dubai Land Department. Updated 6 April 2024.

Key facts

Type
4-bed apartment
Size
5,678 sqft
Floor
15th of 16
Parking
B2-498, B2-499, B2-500
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 22.7M · April 2024

About 41501, Five Palm Jumeirah

41501 is a four-bedroom apartment of 5,678 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 6 April 2024 for AED 22,700,000, or AED 3,997 per sqft, 18% above the AED 3,381 four-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 30 September 2021, is AED 750,000 a year: a gross yield of 3.3% on the 2024 price.

Sales and rents for 41501 over time

Sales
Unit 41501, each saleTypical four-bed in Five Palm Jumeirah
10M20M20132016201920222025Typical sale price by year: 2013 AED 12,989,326; 2014 AED 14,962,304; 2015 AED 13,532,889; 2016 AED 14,700,000; 2017 AED 12,715,867; 2018 AED 8,500,000; 2021 AED 14,150,000; 2024 AED 22,000,000Sold by developer, October 2013: AED 15,182,955 (AED 2,673 per sqft)Sold, June 2014: AED 17,308,569 (AED 3,048 per sqft)Sold, April 2024: AED 22,700,000 (AED 3,997 per sqft)

41501 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 41501, each contractTypical four-bed in Five Palm Jumeirah
500K1M1.5M2017201920212023Typical rent by year: 2017 AED 680,000; 2018 AED 650,000; 2019 AED 650,000; 2020 AED 970,000; 2021 AED 700,000; 2022 AED 1,500,000New contract, July 2018: AED 725,000 a yearNew contract, December 2018: AED 700,000 a yearNew contract, October 2019: AED 600,000 a yearNew contract, September 2020: AED 600,000 a yearRenewal, September 2021: AED 750,000 a year

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 41501 sits

All 30 4-beds →

41501 last sold in April 2024 at AED 3,997 per sqft, 18% above what four-beds in Five Palm Jumeirah were fetching at the time (AED 3,381). 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 salesUnit no.Price (AED)Summary
26 Feb 202613,250,000
6 May 202520,000,000
21 Jan 202522,500,000
14 Oct 202422,000,000
1 4-bed sale 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

41501, Five Palm Jumeirah in numbers

  • Sold 3 times: first on 5 October 2013 for AED 15,182,955, last on 6 April 2024 for AED 22,700,000 (AED 3,997 per sqft).
  • Rented since July 2018 on 5 Ejari contracts. The rent fell from AED 725,000 to AED 600,000 in 2020 and recovered to AED 750,000 by September 2021.
  • At AED 750,000 a year the gross yield on the 2024 price is 3.3%.
  • 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 6 April 2024.

Questions about 41501, Five Palm Jumeirah

What did unit 41501 last sell for?

AED 22,700,000 on 6 April 2024: AED 3,997 per sqft for 5,678 sqft. The unit has 3 registered sales; the first was AED 15,182,955 in October 2013.

What is the rent for unit 41501?

AED 750,000 a year on the contract renewed on 30 September 2021. The previous contract, from September 2020, was AED 600,000; the unit has been rented since July 2018.

How big is unit 41501?

5,678 sqft (527.5 sqm): a four-bedroom apartment on the 15th floor of a 16-storey tower completed in 2016.

What is unit 41501 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 41501, Five Palm Jumeirah

Starts from the last sale price (AED 22.7M, 6 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 22,700,000
Deposit, UAE resident (20%)
AED 4,540,000
Deposit, non-resident (40%)
AED 9,080,000
Monthly over 25 years at 3.7%
AED 92,873

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