5-bed · 12,324 sqftFive Palm Jumeirah, Palm Jumeirah · Ground floor · completed 2016

50004, Five Palm Jumeirah

Sold prices and rental history: sold once, by the developer in September 2015, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 50004 · DLD and Ejari recordsUpdated 12 September 2024
Last soldAED 39M29 September 2015
Current rentAED 1.47M /yr12 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 50004, Five Palm Jumeirah

What is 50004 worth today?

Last sold for AED 39,000,000 in 2015

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12 Sep 2024RentedRenewal
AED 1,469,000/yr12 months · AED 119 per sqft
12 Sep 2023RentedNew contract
AED 1,469,000/yr12 months · AED 119 per sqft
29 Sep 2015Sold by developerOff-plan
AED 39,000,000AED 3,164 per sqft

Source: Dubai Land Department. Updated 12 September 2024.

Key facts

Type
5-bed apartment
Size
12,324 sqft
Floor
Ground of 16
Parking
B2-301, B2-344, B2-345
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 39M · September 2015

About 50004, Five Palm Jumeirah

50004 is a five-bedroom apartment of 12,324 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. The developer sold it on 29 September 2015 for AED 39,000,000, or AED 3,164 per sqft.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 12 September 2024, is AED 1,469,000 a year: a gross yield of 3.8% on the 2015 price.

5-beds in Five Palm Jumeirah, and where 50004 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
10 May 202335,000,000
9 Sep 202125,000,000
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

50004, Five Palm Jumeirah in numbers

  • Sold once: by SKAI Zaya Real Estate Development on 29 September 2015 for AED 39,000,000, or AED 3,164 per sqft.
  • Rented since September 2023 on 2 Ejari contracts, at AED 1,469,000 a year.
  • At AED 1,469,000 a year the gross yield on the 2015 price is 3.8%.
  • 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 12 September 2024.

Questions about 50004, Five Palm Jumeirah

What did unit 50004 last sell for?

AED 39,000,000 on 29 September 2015, sold by the developer: AED 3,164 per sqft for 12,324 sqft. It is the only registered sale of the unit.

What is the rent for unit 50004?

AED 1,469,000 a year on the contract renewed on 12 September 2024. The previous contract, from September 2023, was AED 1,469,000.

How big is unit 50004?

12,324 sqft (1144.9 sqm): a five-bedroom apartment on the ground floor of a 16-storey tower completed in 2016.

What is unit 50004 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.

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Mortgage on 50004, Five Palm Jumeirah

Starts from the last sale price (AED 39M, 29 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 39,000,000
Deposit, UAE resident (20%)
AED 7,800,000
Deposit, non-resident (40%)
AED 15,600,000
Monthly over 25 years at 3.7%
AED 159,561

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