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

41507, Five Palm Jumeirah

Sold prices and rental history: sold 4 times, last in June 2024, and rented once, from November 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 41507 · DLD and Ejari recordsUpdated 12 June 2024
Last soldAED 6.85M12 June 2024
Current rentAED 310K /yr27 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 41507, Five Palm Jumeirah

What is 41507 worth today?

Last sold for AED 6,850,000 in 2024

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12 Jun 2024SoldReady
AED 6,850,000AED 4,161 per sqft
27 Nov 2021RentedNew contract
AED 310,000/yr12 months · AED 188 per sqft
18 Nov 2021SoldReady
AED 4,300,000AED 2,612 per sqft
22 Dec 2019SoldReady
AED 3,600,000AED 2,187 per sqft
22 Sep 2013Sold by developerOff-plan
AED 4,358,600AED 2,648 per sqft

Source: Dubai Land Department. Updated 12 June 2024.

Key facts

Type
2-bed apartment
Size
1,646 sqft
Floor
15th of 16
Parking
B2-445
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 6.85M · June 2024

About 41507, Five Palm Jumeirah

41507 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 2024 for AED 6,850,000, or AED 4,161 per sqft, 18% above the AED 3,524 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 27 November 2021. The current contract, signed on 27 November 2021, is AED 310,000 a year: a gross yield of 4.5% on the 2024 price.

Sales and rents for 41507 over time

Sales
Unit 41507, each saleTypical two-bed in Five Palm Jumeirah
2M4M6M2013201720212025Typical 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, September 2013: AED 4,358,600 (AED 2,648 per sqft)Sold, December 2019: AED 3,600,000 (AED 2,187 per sqft)Sold, November 2021: AED 4,300,000 (AED 2,612 per sqft)Sold, June 2024: AED 6,850,000 (AED 4,161 per sqft)

41507 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 41507, each contractTypical two-bed in Five Palm Jumeirah
200K300K2017202020232026Typical 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, November 2021: AED 310,000 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 41507 sits

All 130 2-beds →

41507 last sold in June 2024 at AED 4,161 per sqft, 18% above what two-beds in Five Palm Jumeirah were fetching at the time (AED 3,524). 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. 41507's AED 310,000 is in the lower 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

41507, Five Palm Jumeirah in numbers

  • Sold 4 times: first on 22 September 2013 for AED 4,358,600, last on 12 June 2024 for AED 6,850,000 (AED 4,161 per sqft).
  • Rented since November 2021 on one Ejari contract, at AED 310,000 a year.
  • At AED 310,000 a year the gross yield on the 2024 price is 4.5%.
  • 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 12 June 2024.

Questions about 41507, Five Palm Jumeirah

What did unit 41507 last sell for?

AED 6,850,000 on 12 June 2024: AED 4,161 per sqft for 1,646 sqft. The unit has 4 registered sales; the first was AED 4,358,600 in September 2013.

What is the rent for unit 41507?

AED 310,000 a year on the contract signed on 27 November 2021.

How big is unit 41507?

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 41507 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 41507, Five Palm Jumeirah

Starts from the last sale price (AED 6.85M, 12 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 6,850,000
Deposit, UAE resident (20%)
AED 1,370,000
Deposit, non-resident (40%)
AED 2,740,000
Monthly over 25 years at 3.7%
AED 28,025

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