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3-bed · 2,769 sqftFive Palm Jumeirah, Palm Jumeirah · 10th floor · completed 2016

31003, Five Palm Jumeirah

Sold prices and rental history: sold 3 times, last in April 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 31003 · DLD and Ejari recordsUpdated 15 April 2024
Last soldAED 5.47M15 April 2024
Current rentAED 220K /yr6 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 31003, Five Palm Jumeirah

What is 31003 worth today?

Last sold for AED 5,470,000 in 2024

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15 Apr 2024SoldReady
AED 5,470,000AED 1,975 per sqft
6 Jul 2022RentedRenewal
AED 220,000/yr12 months · AED 80 per sqft
6 Jul 2021RentedRenewal
AED 210,000/yr12 months · AED 76 per sqft
1 Jun 2020RentedNew contract
AED 210,000/yr13 months · AED 76 per sqft
20 Jul 2017RentedNew contract
AED 335,000/yr12 months · AED 121 per sqft
7 May 2014SoldOff-plan
AED 6,650,167AED 2,401 per sqft
3 Oct 2013Sold by developerOff-plan
AED 6,129,186AED 2,213 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 April 2024.

Key facts

Type
3-bed apartment
Size
2,769 sqft
Floor
10th of 16
Parking
B2-51,B2-52
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 5.47M · April 2024
Building
Five Palm Jumeirah

About 31003, Five Palm Jumeirah

31003 is a three-bedroom apartment of 2,769 sqft on the 10th 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 15 April 2024 for AED 5,470,000, or AED 1,975 per sqft, 12% below the AED 2,243 three-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 6 July 2022, is AED 220,000 a year: a gross yield of 4.0% on the 2024 price.

Sales and rents for 31003 over time

Sales
Unit 31003, each saleTypical three-bed in Five Palm Jumeirah
5M10M15M2013201720212025Typical sale price by year: 2013 AED 5,545,454; 2014 AED 5,190,753; 2015 AED 5,300,000; 2017 AED 5,368,630; 2018 AED 4,750,000; 2021 AED 14,400,000; 2022 AED 6,000,000; 2023 AED 6,200,000; 2024 AED 5,470,000; 2025 AED 5,975,000Sold by developer, October 2013: AED 6,129,186 (AED 2,213 per sqft)Sold, May 2014: AED 6,650,167 (AED 2,401 per sqft)Sold, April 2024: AED 5,470,000 (AED 1,975 per sqft)

31003 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 31003, each contractTypical three-bed in Five Palm Jumeirah
200K400K600K2017202020232026Typical rent by year: 2017 AED 312,500; 2018 AED 317,500; 2019 AED 292,500; 2020 AED 250,000; 2021 AED 261,953; 2022 AED 335,000; 2025 AED 550,000New contract, July 2017: AED 335,000 a yearNew contract, June 2020: AED 210,000 a yearRenewal, July 2021: AED 210,000 a yearRenewal, July 2022: AED 220,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Five Palm Jumeirah, and where 31003 sits

All 38 3-beds →

31003 last sold in April 2024 at AED 1,975 per sqft, 12% below what three-beds in Five Palm Jumeirah were fetching at the time (AED 2,243).

Recent 3-bed salesUnit no.Price (AED)Summary
12 Jun 20255,800,000
12 Mar 20255,580,000
22 Jan 20256,200,000
8 Jan 20256,150,000
0 3-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. 7 sold in the last 12 months.

Typical price per sqft
AED 2,548
Typical sale
AED 5.05M
Typical rent
AED 300K /yr
Typical yield
8.4%
Five Palm Jumeirah, Palm Jumeirah: prices, sales and rents →

Other units on the 10th floor

All 699 units in Five Palm Jumeirah
Value
110011-bedAED 2.6M · Aug 2015
11002AED 1.29M · Aug 2025
11003StudioAED 1.71M · Jul 2013
11004StudioAED 1.71M · Sep 2013
11005StudioAED 1.71M · Jul 2013
11006StudioAED 1.68M · Aug 2022
110071-bedAED 2.74M · Aug 2013
1–7 of 49

31003, Five Palm Jumeirah in numbers

  • Sold 3 times: first on 3 October 2013 for AED 6,129,186, last on 15 April 2024 for AED 5,470,000 (AED 1,975 per sqft).
  • Rented since July 2017 on 4 Ejari contracts, from AED 335,000 to AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2024 price is 4.0%.

Source: YallaValue analysis of Dubai Land Department records. Updated 15 April 2024.

Questions about 31003, Five Palm Jumeirah

What did unit 31003 last sell for?

AED 5,470,000 on 15 April 2024: AED 1,975 per sqft for 2,769 sqft. The unit has 3 registered sales; the first was AED 6,129,186 in October 2013.

What is the rent for unit 31003?

AED 220,000 a year on the contract renewed on 6 July 2022. The previous contract, from July 2021, was AED 210,000; the unit has been rented since July 2017.

How big is unit 31003?

2,769 sqft (257.2 sqm): a three-bedroom apartment on the 10th floor of a 16-storey tower completed in 2016.

What is unit 31003 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 31003, Five Palm Jumeirah

Starts from the last sale price (AED 5.47M, 15 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,470,000
Deposit, UAE resident (20%)
AED 1,094,000
Deposit, non-resident (40%)
AED 2,188,000
Monthly over 25 years at 3.7%
AED 22,379

Plus AED 234,750 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →