Studio · 635 sqftFive Palm Jumeirah, Palm Jumeirah · 3rd floor · completed 2016

10316, Five Palm Jumeirah

Sold prices and rental history: sold twice, last in December 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 10316 · DLD and Ejari recordsUpdated 20 December 2023
Last soldAED 1.51M20 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 10316, Five Palm Jumeirah

What is 10316 worth today?

Last sold for AED 1,511,498 in 2023

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20 Dec 2023SoldReady
AED 1,511,498AED 2,379 per sqft
2 Oct 2013Sold by developerOff-plan
AED 1,799,160AED 2,832 per sqft

Source: Dubai Land Department. Updated 20 December 2023.

Key facts

Type
Studio hotel apartment
Size
635 sqft
Floor
3rd of 16
Parking
nan
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 1.51M · December 2023

About 10316, Five Palm Jumeirah

10316 is a studio of 635 sqft on the 3rd 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 20 December 2023 for AED 1,511,498, or AED 2,379 per sqft, 13% below the AED 2,749 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 10316 over time

Sales
Unit 10316, 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, October 2013: AED 1,799,160 (AED 2,832 per sqft)Sold, December 2023: AED 1,511,498 (AED 2,379 per sqft)

10316 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 10316, each contractTypical studio in Five Palm Jumeirah
81K82K82K201720182019Typical rent by year: 2017 AED 82,000; 2018 AED 81,000

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 10316 sits

All 352 studios →

10316 last sold in December 2023 at AED 2,379 per sqft, 13% below what studios in Five Palm Jumeirah were fetching at the time (AED 2,749). 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 3rd floor

All 699 units in Five Palm Jumeirah
Value
103011-bedAED 2.36M · Jul 2013
10302StudioAED 1.5M · Aug 2024
10303StudioAED 1.4M · Apr 2022
10304StudioAED 1.71M · Sep 2013
10305StudioAED 1.71M · Sep 2013
10306StudioAED 1.7M · Sep 2022
103071-bedAED 2.74M · Aug 2013
1–7 of 53

10316, Five Palm Jumeirah in numbers

  • Sold twice: first on 2 October 2013 for AED 1,799,160, last on 20 December 2023 for AED 1,511,498 (AED 2,379 per sqft).
  • 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 20 December 2023.

Questions about 10316, Five Palm Jumeirah

What did unit 10316 last sell for?

AED 1,511,498 on 20 December 2023: AED 2,379 per sqft for 635 sqft. The unit has 2 registered sales; the first was AED 1,799,160 in October 2013.

How big is unit 10316?

635 sqft (59.0 sqm): a studio on the 3rd floor of a 16-storey tower completed in 2016.

What is unit 10316 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 10316, Five Palm Jumeirah

Starts from the last sale price (AED 1.51M, 20 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,511,498
Deposit, UAE resident (20%)
AED 302,300
Deposit, non-resident (40%)
AED 604,599
Monthly over 25 years at 3.7%
AED 6,184

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