5-bed · 12,330 sqftFive Palm Jumeirah, Palm Jumeirah · Ground floor · completed 2016

50002, Five Palm Jumeirah

Sold prices and rental history: sold twice, last in May 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 50002 · DLD and Ejari recordsUpdated 7 October 2023
Last soldAED 35M10 May 2023
Current rentAED 500K /yr7 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 50002, Five Palm Jumeirah

What is 50002 worth today?

Last sold for AED 35,000,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

7 Oct 2023RentedNew contract
AED 500,000/yr12 months · AED 41 per sqft
10 May 2023SoldReady
AED 35,000,000AED 2,838 per sqft
5 May 2021RentedRenewal
AED 1,206,486/yr6 months · AED 98 per sqft
5 May 2020RentedNew contract
AED 850,000/yr12 months · AED 69 per sqft
24 Sep 2013Sold by developerOff-plan
AED 33,203,663AED 2,692 per sqft

Source: Dubai Land Department. Updated 7 October 2023.

Key facts

Type
5-bed apartment
Size
12,330 sqft
Floor
Ground of 16
Parking
B2-135, B2-136, B2-137, B2-138, B2-139, B2-140
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 35M · May 2023

About 50002, Five Palm Jumeirah

50002 is a five-bedroom apartment of 12,330 sqft on the ground 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 10 May 2023 for AED 35,000,000, or AED 2,838 per sqft.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 7 October 2023, is AED 500,000 a year: a gross yield of 1.4% on the 2023 price.

5-beds in Five Palm Jumeirah, and where 50002 sits

All 6 5-beds →

Over the last 12 months five-beds sold for AED 25,000,000, around AED 2,031 per sqft, and rent for AED 3,500,000 to 3,500,000 a year.

Recent 5-bed salesUnit no.Price (AED)Summary
17 Sep 202625,000,000
22 Jul 202445,000,000
9 Sep 202125,000,000
16 Jan 202025,000,000
1 5-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 ground floor

All 699 units in Five Palm Jumeirah
Value
50015-bedAED 45M · Jul 2024
100014-bedAED 10.5M · Nov 2013
100024-bedAED 10.5M · Feb 2021
200014-bedAED 13M · Aug 2021
200024-bedAED 5M · Mar 2018
300043-bedAED 13.83M · Apr 2017
300053-bedAED 14.6M · Jun 2017
1–7 of 20

50002, Five Palm Jumeirah in numbers

  • Sold twice: first on 24 September 2013 for AED 33,203,663, last on 10 May 2023 for AED 35,000,000 (AED 2,838 per sqft).
  • Rented since May 2020 on 3 Ejari contracts, from AED 850,000 to AED 500,000 a year.
  • At AED 500,000 a year the gross yield on the 2023 price is 1.4%.
  • Five-beds in Five Palm Jumeirah sold for AED 25,000,000–25,000,000 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 7 October 2023.

Questions about 50002, Five Palm Jumeirah

What did unit 50002 last sell for?

AED 35,000,000 on 10 May 2023: AED 2,838 per sqft for 12,330 sqft. The unit has 2 registered sales; the first was AED 33,203,663 in September 2013.

What is the rent for unit 50002?

AED 500,000 a year on the contract signed on 7 October 2023. The previous contract, from May 2021, was AED 1,206,486; the unit has been rented since May 2020.

How big is unit 50002?

12,330 sqft (1145.5 sqm): a five-bedroom apartment on the ground floor of a 16-storey tower completed in 2016.

What is unit 50002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Five-beds in Five Palm Jumeirah sold for AED 25,000,000 to 25,000,000 in the last 12 months, around AED 2,031 per sqft.

Selling 50002? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 50002, Five Palm Jumeirah

Starts from the last sale price (AED 35M, 10 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 35,000,000
Deposit, UAE resident (20%)
AED 7,000,000
Deposit, non-resident (40%)
AED 14,000,000
Monthly over 25 years at 3.7%
AED 143,196

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