Home
Dubai prices
About
Research
Studio · 589 sqftFive Palm Jumeirah, Palm Jumeirah · 6th floor · completed 2016

10602, Five Palm Jumeirah

Sold prices and rental history: sold twice, last in January 2022, and rented once, from January 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 10602 · DLD and Ejari recordsUpdated 26 January 2022
Last soldAED 1.47M26 January 2022
Current rentAED 78K /yr1 January 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 10602

Property timeline for 10602, Five Palm Jumeirah

What is 10602 worth today?

Last sold for AED 1,471,963 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

26 Jan 2022SoldReady
AED 1,471,963AED 2,499 per sqft
28 Jan 2018Sold by developerReady
AED 588,785AED 999 per sqft
1 Jan 2018RentedNew contract
AED 78,000/yr60 months · AED 132 per sqft

Source: Dubai Land Department. Updated 26 January 2022.

Key facts

Type
Studio hotel apartment
Size
589 sqft
Floor
6th of 16
Parking
nan
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 1.47M · January 2022
Building
Five Palm Jumeirah

About 10602, Five Palm Jumeirah

10602 is a studio of 589 sqft on the 6th 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 26 January 2022 for AED 1,471,963, or AED 2,499 per sqft, 6% above the AED 2,349 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 January 2018. The current contract, signed on 1 January 2018, is AED 78,000 a year: a gross yield of 5.3% on the 2022 price.

Sales and rents for 10602 over time

Sales
Unit 10602, 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, January 2018: AED 588,785 (AED 999 per sqft)Sold, January 2022: AED 1,471,963 (AED 2,499 per sqft)

10602 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 10602, each contractTypical studio in Five Palm Jumeirah
78K80K82K201720182019Typical rent by year: 2017 AED 82,000; 2018 AED 81,000New contract, January 2018: AED 78,000 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 10602 sits

All 352 studios →

10602 last sold in January 2022 at AED 2,499 per sqft, 6% above what studios in Five Palm Jumeirah were fetching at the time (AED 2,349). 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 6th floor

All 699 units in Five Palm Jumeirah
Value
106011-bedAED 2.36M · Jul 2013
10603StudioAED 1.71M · Jul 2013
10604StudioAED 1.71M · May 2014
10605StudioAED 1.71M · Jul 2013
10606StudioAED 1.73M · Oct 2013
106071-bedAED 2.74M · Aug 2013
10608StudioAED 1.59M · Apr 2022
1–7 of 52

10602, Five Palm Jumeirah in numbers

  • Sold twice: first on 28 January 2018 for AED 588,785, last on 26 January 2022 for AED 1,471,963 (AED 2,499 per sqft).
  • Rented since January 2018 on one Ejari contract, at AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2022 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 26 January 2022.

Questions about 10602, Five Palm Jumeirah

What did unit 10602 last sell for?

AED 1,471,963 on 26 January 2022: AED 2,499 per sqft for 589 sqft. The unit has 2 registered sales; the first was AED 588,785 in January 2018.

What is the rent for unit 10602?

AED 78,000 a year on the contract signed on 1 January 2018.

How big is unit 10602?

589 sqft (54.7 sqm): a studio on the 6th floor of a 16-storey tower completed in 2016.

What is unit 10602 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.

Selling 10602? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 10602, Five Palm Jumeirah

Starts from the last sale price (AED 1.47M, 26 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,471,963
Deposit, UAE resident (20%)
AED 294,393
Deposit, non-resident (40%)
AED 588,785
Monthly over 25 years at 3.7%
AED 6,022

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