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

Today

What is 50002 worth today?

Last sold for AED 35,000,000 in 2023

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7 Oct 2023

7 Oct 2023RentedNew contract

AED 500,000/yr12 months · AED 41 per sqft

10 May 2023

10 May 2023SoldReady

AED 35,000,000AED 2,838 per sqft

5 May 2021

5 May 2021RentedRenewal

AED 1,206,486/yr6 months · AED 98 per sqft

5 May 2020

5 May 2020RentedNew contract

AED 850,000/yr12 months · AED 69 per sqft

24 Sep 2013

24 Sep 2013Sold by developerOff-plan

AED 33,203,663AED 2,692 per sqft

Source: YallaValue analysis of Dubai Land Department records. 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
Building: Five Palm Jumeirah

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 5 5-beds →

Five Palm Jumeirah · all types2,548 /sqft

Recent 5-bed sales	Size	Price (AED)	Per sqft
18 Oct 201718 October 2017	12,291 sqft	30,000,000	2,440
14 Apr 201614 April 2016	12,333 sqft	39,000,000	3,162
29 Sep 201529 September 2015	12,324 sqft	39,000,000	3,164
5 Oct 20135 October 2013	12,333 sqft	35,056,420	2,842

0 5-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 ground floor

All 699 units in Five Palm Jumeirah


5001		12,306 sqft	AED 45MAED 45,000,000 · Jul 2024July 2024	3,500,000 /yr
10001	4-bed	6,056 sqft	AED 10.5MAED 10,497,146 · Nov 2013November 2013
10002	4-bed	6,067 sqft	AED 10.5MAED 10,500,000 · Feb 2021February 2021	750,000 /yr
20001	4-bed	6,049 sqft	AED 13MAED 13,000,000 · Aug 2021August 2021
20002	4-bed	6,049 sqft	AED 5MAED 5,000,000 · Mar 2018March 2018
30004	3-bed	7,808 sqft	AED 13.83MAED 13,825,000 · Apr 2017April 2017
30005	3-bed	6,390 sqft	AED 14.6MAED 14,600,000 · Jun 2017June 2017
30006	2-bed	3,161 sqft	AED 5.45MAED 5,450,000 · Jul 2021July 2021	265,000 /yr
30007	1-bed	2,187 sqft	AED 3.58MAED 3,578,029 · Apr 2017April 2017	375,000 /yr
30008	2-bed	3,020 sqft	AED 4.75MAED 4,750,000 · Apr 2018April 2018	100,000 /yr
40004	3-bed	7,807 sqft	AED 17.42MAED 17,420,062 · Jul 2013July 2013	600,000 /yr
40005	3-bed	6,391 sqft	AED 9MAED 9,000,000 · Sep 2022September 2022	750,000 /yr
40006	2-bed	3,161 sqft	AED 5.05MAED 5,050,000 · Mar 2021March 2021
40007	1-bed	2,187 sqft	AED 3.3MAED 3,300,000 · May 2018May 2018	300,843 /yr
40008	2-bed	3,022 sqft	AED 7.7MAED 7,700,000 · Feb 2026February 2026
50001	5-bed	12,306 sqft	AED 35MAED 35,000,000 · Oct 2013October 2013
50003	5-bed	12,333 sqft	AED 39MAED 39,000,000 · Apr 2016April 2016
50004	5-bed	12,324 sqft	AED 39MAED 39,000,000 · Sep 2015September 2015	1,469,000 /yr
50005	5-bed	12,291 sqft	AED 30MAED 30,000,000 · Oct 2017October 2017
HOTEL		76,569 sqft	No registered sale	1,788,889 /yr

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%.

Source: YallaValue analysis of Dubai Land Department records. 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.

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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 AED 1,475,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →