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1-bed · 779 sqftFive Palm Jumeirah, Palm Jumeirah · 7th floor · completed 2016

10701, Five Palm Jumeirah

Sold prices and rental history: sold 3 times, last in March 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 10701 · DLD and Ejari recordsUpdated 7 March 2016
Last soldAED 2.36M7 March 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 10701, Five Palm Jumeirah

What is 10701 worth today?

Last sold for AED 2,359,800 in 2016

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7 Mar 2016SoldOff-plan
AED 2,359,800AED 3,028 per sqft
13 Apr 2014SoldOff-plan
AED 2,596,748AED 3,332 per sqft
6 Jul 2013Sold by developerOff-plan
AED 2,360,683AED 3,029 per sqft

Source: Dubai Land Department. Updated 7 March 2016.

Key facts

Type
1-bed hotel apartment
Size
779 sqft
Floor
7th of 16
Parking
nan
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 2.36M · March 2016
Building
Five Palm Jumeirah

About 10701, Five Palm Jumeirah

10701 is a one-bedroom hotel apartment of 779 sqft on the 7th 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 March 2016 for AED 2,359,800, or AED 3,028 per sqft, in line with the AED 3,099 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 10701 over time

Sales
Unit 10701, each saleTypical one-bed in Five Palm Jumeirah
2M4M2013201720212025Typical sale price by year: 2013 AED 2,825,258; 2014 AED 2,774,705; 2015 AED 4,729,477; 2016 AED 3,206,664; 2017 AED 2,807,500; 2018 AED 2,400,000; 2019 AED 2,606,653; 2020 AED 2,000,000; 2021 AED 2,400,000; 2022 AED 3,050,000; 2023 AED 3,100,000; 2024 AED 2,914,456; 2025 AED 3,600,000Sold by developer, July 2013: AED 2,360,683 (AED 3,029 per sqft)Sold, April 2014: AED 2,596,748 (AED 3,332 per sqft)Sold, March 2016: AED 2,359,800 (AED 3,028 per sqft)

10701 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 10701, each contractTypical one-bed in Five Palm Jumeirah
200K400K2017202020232026Typical rent by year: 2017 AED 170,000; 2018 AED 160,000; 2019 AED 160,000; 2020 AED 140,000; 2021 AED 150,000; 2022 AED 162,500; 2023 AED 250,000; 2024 AED 363,750; 2025 AED 230,000; 2026 AED 210,000

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

1-beds in Five Palm Jumeirah, and where 10701 sits

All 141 1-beds →

10701 last sold in March 2016 at AED 3,028 per sqft, in line with what one-beds in Five Palm Jumeirah were fetching at the time (AED 3,099). Over the last 12 months one-beds sold for AED 3,100,000 to 3,600,000, around AED 2,756 per sqft, and rent for AED 170,000 to 260,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Oct 20263,600,000
17 Apr 20263,100,000
24 Oct 20253,700,000
24 Jun 20254,000,000
2 1-bed 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 7th floor

All 699 units in Five Palm Jumeirah
Value
10702StudioAED 1.13M · Nov 2020
10703StudioAED 1.71M · Jul 2013
10704StudioAED 2M · Jun 2017
10705StudioAED 1.77M · Nov 2013
10706StudioAED 1.73M · Oct 2013
107071-bedAED 2.74M · Aug 2013
10708StudioAED 1.93M · Jul 2013
1–7 of 52

10701, Five Palm Jumeirah in numbers

  • Sold 3 times: first on 6 July 2013 for AED 2,360,683, last on 7 March 2016 for AED 2,359,800 (AED 3,028 per sqft).
  • One-beds in Five Palm Jumeirah sold for AED 3,100,000–3,600,000 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 March 2016.

Questions about 10701, Five Palm Jumeirah

What did unit 10701 last sell for?

AED 2,359,800 on 7 March 2016: AED 3,028 per sqft for 779 sqft. The unit has 3 registered sales; the first was AED 2,360,683 in July 2013.

How big is unit 10701?

779 sqft (72.4 sqm): a one-bedroom hotel apartment on the 7th floor of a 16-storey tower completed in 2016.

What is unit 10701 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Five Palm Jumeirah sold for AED 3,100,000 to 3,600,000 in the last 12 months, around AED 2,756 per sqft.

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Mortgage on 10701, Five Palm Jumeirah

Starts from the last sale price (AED 2.36M, 7 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,359,800
Deposit, UAE resident (20%)
AED 471,960
Deposit, non-resident (40%)
AED 943,920
Monthly over 25 years at 3.7%
AED 9,655

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