4-bed · 6,067 sqftFive Palm Jumeirah, Palm Jumeirah · Ground floor · completed 2016

10002, Five Palm Jumeirah

Sold prices and rental history: sold 3 times, last in February 2021, and rented once, from November 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 10002 · DLD and Ejari recordsUpdated 7 February 2021
Last soldAED 10.5M7 February 2021
Current rentAED 750K /yr7 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 10002, Five Palm Jumeirah

What is 10002 worth today?

Last sold for AED 10,500,000 in 2021

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7 Feb 2021SoldReady
AED 10,500,000AED 1,730 per sqft
7 Nov 2019RentedNew contract
AED 750,000/yr12 months · AED 124 per sqft
3 Nov 2014SoldOff-plan
AED 10,967,500AED 1,807 per sqft
5 Oct 2013Sold by developerOff-plan
AED 10,250,000AED 1,689 per sqft

Source: Dubai Land Department. Updated 7 February 2021.

Key facts

Type
4-bed hotel apartment
Size
6,067 sqft
Floor
Ground of 16
Parking
B2-233,B2-234
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 10.5M · February 2021

About 10002, Five Palm Jumeirah

10002 is a four-bedroom hotel apartment of 6,067 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 7 February 2021 for AED 10,500,000, or AED 1,730 per sqft.

One Ejari contract is registered, from 7 November 2019. The current contract, signed on 7 November 2019, is AED 750,000 a year: a gross yield of 7.1% on the 2021 price.

Sales and rents for 10002 over time

Sales
Unit 10002, each saleTypical four-bed in Five Palm Jumeirah
10M20M20132016201920222025Typical sale price by year: 2013 AED 12,989,326; 2014 AED 14,962,304; 2015 AED 13,532,889; 2016 AED 14,700,000; 2017 AED 12,715,867; 2018 AED 8,500,000; 2021 AED 14,150,000; 2024 AED 22,000,000Sold by developer, October 2013: AED 10,250,000 (AED 1,689 per sqft)Sold, November 2014: AED 10,967,500 (AED 1,807 per sqft)Sold, February 2021: AED 10,500,000 (AED 1,730 per sqft)

10002 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 10002, each contractTypical four-bed in Five Palm Jumeirah
500K1M1.5M2017201920212023Typical rent by year: 2017 AED 680,000; 2018 AED 650,000; 2019 AED 650,000; 2020 AED 970,000; 2021 AED 700,000; 2022 AED 1,500,000New contract, November 2019: AED 750,000 a year

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

4-beds in Five Palm Jumeirah, and where 10002 sits

All 30 4-beds →

Over the last 12 months four-beds sold for AED 13,250,000, around AED 3,232 per sqft, and rent for AED 1,400,000 to 1,400,000 a year.

Recent 4-bed salesUnit no.Price (AED)Summary
26 Feb 202613,250,000
6 May 202520,000,000
21 Jan 202522,500,000
14 Oct 202422,000,000
1 4-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
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

10002, Five Palm Jumeirah in numbers

  • Sold 3 times: first on 5 October 2013 for AED 10,250,000, last on 7 February 2021 for AED 10,500,000 (AED 1,730 per sqft).
  • Rented since November 2019 on one Ejari contract, at AED 750,000 a year.
  • At AED 750,000 a year the gross yield on the 2021 price is 7.1%.
  • Four-beds in Five Palm Jumeirah sold for AED 13,250,000–13,250,000 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 February 2021.

Questions about 10002, Five Palm Jumeirah

What did unit 10002 last sell for?

AED 10,500,000 on 7 February 2021: AED 1,730 per sqft for 6,067 sqft. The unit has 3 registered sales; the first was AED 10,250,000 in October 2013.

What is the rent for unit 10002?

AED 750,000 a year on the contract signed on 7 November 2019.

How big is unit 10002?

6,067 sqft (563.6 sqm): a four-bedroom hotel apartment on the ground floor of a 16-storey tower completed in 2016.

What is unit 10002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Five Palm Jumeirah sold for AED 13,250,000 to 13,250,000 in the last 12 months, around AED 3,232 per sqft.

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Mortgage on 10002, Five Palm Jumeirah

Starts from the last sale price (AED 10.5M, 7 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 10,500,000
Deposit, UAE resident (20%)
AED 2,100,000
Deposit, non-resident (40%)
AED 4,200,000
Monthly over 25 years at 3.7%
AED 42,959

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