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Studio · 648 sqftFive Palm Jumeirah, Palm Jumeirah · 6th floor · completed 2016

10617, Five Palm Jumeirah

Sold prices and rental history: sold 3 times, last in February 2024, and rented once, from December 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 10617 · DLD and Ejari recordsUpdated 21 February 2024
Last soldAED 1.7M21 February 2024
Current rentAED 86K /yr1 December 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 10617, Five Palm Jumeirah

What is 10617 worth today?

Last sold for AED 1,700,000 in 2024

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21 Feb 2024SoldReady
AED 1,700,000AED 2,623 per sqft
16 Nov 2022SoldReady
AED 1,781,964AED 2,749 per sqft
4 Dec 2017Sold by developerReady
AED 647,987AED 999 per sqft
1 Dec 2017RentedNew contract
AED 86,000/yr60 months · AED 133 per sqft

Source: Dubai Land Department. Updated 21 February 2024.

Key facts

Type
Studio hotel apartment
Size
648 sqft
Floor
6th of 16
Parking
nan
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 1.7M · February 2024
Building
Five Palm Jumeirah

About 10617, Five Palm Jumeirah

10617 is a studio of 648 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 21 February 2024 for AED 1,700,000, or AED 2,623 per sqft, 5% below the AED 2,750 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 86,000 a year: a gross yield of 5.1% on the 2024 price.

Sales and rents for 10617 over time

Sales
Unit 10617, 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 647,987 (AED 999 per sqft)Sold, November 2022: AED 1,781,964 (AED 2,749 per sqft)Sold, February 2024: AED 1,700,000 (AED 2,623 per sqft)

10617 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 10617, each contractTypical studio in Five Palm Jumeirah
83K85K201720182019Typical rent by year: 2017 AED 82,000; 2018 AED 81,000New contract, December 2017: AED 86,000 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 10617 sits

All 352 studios →

10617 last sold in February 2024 at AED 2,623 per sqft, 5% below what studios in Five Palm Jumeirah were fetching at the time (AED 2,750). 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
10602StudioAED 1.47M · Jan 2022
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
1–7 of 52

10617, Five Palm Jumeirah in numbers

  • Sold 3 times: first on 4 December 2017 for AED 647,987, last on 21 February 2024 for AED 1,700,000 (AED 2,623 per sqft).
  • Rented since December 2017 on one Ejari contract, at AED 86,000 a year.
  • At AED 86,000 a year the gross yield on the 2024 price is 5.1%.
  • 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 February 2024.

Questions about 10617, Five Palm Jumeirah

What did unit 10617 last sell for?

AED 1,700,000 on 21 February 2024: AED 2,623 per sqft for 648 sqft. The unit has 3 registered sales; the first was AED 647,987 in December 2017.

What is the rent for unit 10617?

AED 86,000 a year on the contract signed on 1 December 2017.

How big is unit 10617?

648 sqft (60.2 sqm): a studio on the 6th floor of a 16-storey tower completed in 2016.

What is unit 10617 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 10617, Five Palm Jumeirah

Starts from the last sale price (AED 1.7M, 21 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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