Studio · 629 sqftFive Palm Jumeirah, Palm Jumeirah · 2nd floor · completed 2016

10220, Five Palm Jumeirah

Sold prices and rental history: sold twice, last in December 2021, and rented once, from December 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 10220 · DLD and Ejari recordsUpdated 21 December 2021
Last soldAED 1.57M21 December 2021
Current rentAED 83K /yr1 December 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 10220, Five Palm Jumeirah

What is 10220 worth today?

Last sold for AED 1,571,529 in 2021

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21 Dec 2021SoldReady
AED 1,571,529AED 2,499 per sqft
4 Dec 2017Sold by developerReady
AED 628,612AED 999 per sqft
1 Dec 2017RentedNew contract
AED 83,000/yr60 months · AED 133 per sqft

Source: Dubai Land Department. Updated 21 December 2021.

Key facts

Type
Studio hotel apartment
Size
629 sqft
Floor
2nd of 16
Parking
nan
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 1.57M · December 2021

About 10220, Five Palm Jumeirah

10220 is a studio of 629 sqft on the 2nd 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 21 December 2021 for AED 1,571,529, or AED 2,499 per sqft, 32% above the AED 1,887 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 December 2017. The current contract, signed on 1 December 2017, is AED 83,000 a year: a gross yield of 5.3% on the 2021 price.

Sales and rents for 10220 over time

Sales
Unit 10220, each saleTypical studio in Five Palm Jumeirah
01M2M2013201720212025Typical sale price by year: 2013 AED 1,730,493; 2014 AED 1,835,143; 2015 AED 1,839,719; 2016 AED 1,851,879; 2017 AED 649,171; 2018 AED 618,440; 2019 AED 1,264,000; 2020 AED 123,074; 2021 AED 1,150,000; 2022 AED 1,689,610; 2023 AED 1,689,009; 2024 AED 1,915,000; 2025 AED 1,435,000; 2026 AED 1,160,650Sold by developer, December 2017: AED 628,612 (AED 999 per sqft)Sold, December 2021: AED 1,571,529 (AED 2,499 per sqft)

10220 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 10220, each contractTypical studio in Five Palm Jumeirah
81K82K83K201720182019Typical rent by year: 2017 AED 82,000; 2018 AED 81,000New contract, December 2017: AED 83,000 a year

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

Studios in Five Palm Jumeirah, and where 10220 sits

All 352 studios →

10220 last sold in December 2021 at AED 2,499 per sqft, 32% above what studios in Five Palm Jumeirah were fetching at the time (AED 1,887). Over the last 12 months studios sold for AED 1,100,000 to 1,400,000, around AED 1,941 per sqft.

Recent studio salesUnit no.Price (AED)Summary
4 Nov 20261,100,000
15 Sep 20261,121,299
14 Aug 20261,200,000
13 Feb 20261,400,000
5 studio 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. 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 2nd floor

All 699 units in Five Palm Jumeirah
Value
102011-bedAED 2.43M · Jun 2023
10202StudioAED 1.77M · Dec 2013
10203StudioAED 1.53M · Nov 2022
10204StudioAED 1.71M · Jul 2013
10205StudioAED 1.64M · Dec 2022
10206StudioAED 1.69M · Jan 2023
102071-bedAED 2.74M · Jul 2013
1–7 of 53

10220, Five Palm Jumeirah in numbers

  • Sold twice: first on 4 December 2017 for AED 628,612, last on 21 December 2021 for AED 1,571,529 (AED 2,499 per sqft).
  • Rented since December 2017 on one Ejari contract, at AED 83,000 a year.
  • At AED 83,000 a year the gross yield on the 2021 price is 5.3%.
  • Studios in Five Palm Jumeirah sold for AED 1,100,000–1,400,000 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 21 December 2021.

Questions about 10220, Five Palm Jumeirah

What did unit 10220 last sell for?

AED 1,571,529 on 21 December 2021: AED 2,499 per sqft for 629 sqft. The unit has 2 registered sales; the first was AED 628,612 in December 2017.

What is the rent for unit 10220?

AED 83,000 a year on the contract signed on 1 December 2017.

How big is unit 10220?

629 sqft (58.4 sqm): a studio on the 2nd floor of a 16-storey tower completed in 2016.

What is unit 10220 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Five Palm Jumeirah sold for AED 1,100,000 to 1,400,000 in the last 12 months, around AED 1,941 per sqft.

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Mortgage on 10220, Five Palm Jumeirah

Starts from the last sale price (AED 1.57M, 21 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,571,529
Deposit, UAE resident (20%)
AED 314,306
Deposit, non-resident (40%)
AED 628,612
Monthly over 25 years at 3.7%
AED 6,430

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