12,306 sqftFive Palm Jumeirah, Palm Jumeirah · Ground floor · completed 2016

5001, Five Palm Jumeirah

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

Unit 5001 · DLD and Ejari recordsUpdated 22 July 2024
Last soldAED 45M22 July 2024
Current rentAED 3.5M /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5001, Five Palm Jumeirah

What is 5001 worth today?

Last sold for AED 45,000,000 in 2024

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22 Jul 2024SoldReady
AED 45,000,000AED 3,656 per sqft
1 May 2024RentedNew contract
AED 3,500,000/yr12 months · AED 284 per sqft
9 Sep 2021SoldReady
AED 25,000,000AED 2,031 per sqft
16 Jan 2020SoldReady
AED 25,000,000AED 2,031 per sqft
29 Aug 2016Sold by developerOff-plan
AED 35,000,000AED 2,844 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 July 2024.

Key facts

Type
Apartment
Size
12,306 sqft
Floor
Ground of 16
Parking
B2-411,B2-412,B2- 413,B2- 414
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 45M · July 2024

About 5001, Five Palm Jumeirah

5001 is an apartment of 12,306 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 22 July 2024 for AED 45,000,000, or AED 3,656 per sqft.

One Ejari contract is registered, from 1 May 2024. The current contract, signed on 1 May 2024, is AED 3,500,000 a year: a gross yield of 7.8% on the 2024 price.

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
Value
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
300062-bedAED 5.45M · Jul 2021
1–7 of 20

5001, Five Palm Jumeirah in numbers

  • Sold 4 times: first on 29 August 2016 for AED 35,000,000, last on 22 July 2024 for AED 45,000,000 (AED 3,656 per sqft).
  • Rented since May 2024 on one Ejari contract, at AED 3,500,000 a year.
  • At AED 3,500,000 a year the gross yield on the 2024 price is 7.8%.

Source: YallaValue analysis of Dubai Land Department records. Updated 22 July 2024.

Questions about 5001, Five Palm Jumeirah

What did unit 5001 last sell for?

AED 45,000,000 on 22 July 2024: AED 3,656 per sqft for 12,306 sqft. The unit has 4 registered sales; the first was AED 35,000,000 in August 2016.

What is the rent for unit 5001?

AED 3,500,000 a year on the contract signed on 1 May 2024.

How big is unit 5001?

12,306 sqft (1143.3 sqm): an apartment on the ground floor of a 16-storey tower completed in 2016.

What is unit 5001 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 5001, Five Palm Jumeirah

Starts from the last sale price (AED 45M, 22 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 45,000,000
Deposit, UAE resident (20%)
AED 9,000,000
Deposit, non-resident (40%)
AED 18,000,000
Monthly over 25 years at 3.7%
AED 184,109

Plus AED 1,895,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →