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Studio · 560 sqftFive Palm Jumeirah, Palm Jumeirah · 7th floor · completed 2016

10704, Five Palm Jumeirah

Sold prices and rental history: sold twice, last in June 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 10704 · DLD and Ejari recordsUpdated 4 June 2017
Last soldAED 2M4 June 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 10704, Five Palm Jumeirah

What is 10704 worth today?

Last sold for AED 2,000,000 in 2017

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4 Jun 2017SoldReady
AED 2,000,000AED 3,569 per sqft
1 Jun 2017Sold by developerReady
AED 1,712,728AED 3,056 per sqft

Source: Dubai Land Department. Updated 4 June 2017.

Key facts

Type
Studio hotel apartment
Size
560 sqft
Floor
7th of 16
Parking
nan
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 2M · June 2017
Building
Five Palm Jumeirah

About 10704, Five Palm Jumeirah

10704 is a studio of 560 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 4 June 2017 for AED 2,000,000, or AED 3,569 per sqft, 26% above the AED 2,832 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 10704 over time

Sales
Unit 10704, 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, June 2017: AED 2,000,000 (AED 3,569 per sqft)Sold by developer, June 2017: AED 1,712,728 (AED 3,056 per sqft)

10704 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 10704, 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 10704 sits

All 352 studios →

10704 last sold in June 2017 at AED 3,569 per sqft, 26% above what studios in Five Palm Jumeirah were fetching at the time (AED 2,832). 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 7th floor

All 699 units in Five Palm Jumeirah
Value
107011-bedAED 2.36M · Mar 2016
10702StudioAED 1.13M · Nov 2020
10703StudioAED 1.71M · Jul 2013
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

10704, Five Palm Jumeirah in numbers

  • Sold twice: first on 1 June 2017 for AED 1,712,728, last on 4 June 2017 for AED 2,000,000 (AED 3,569 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 4 June 2017.

Questions about 10704, Five Palm Jumeirah

What did unit 10704 last sell for?

AED 2,000,000 on 4 June 2017: AED 3,569 per sqft for 560 sqft. The unit has 2 registered sales; the first was AED 1,712,728 in June 2017.

How big is unit 10704?

560 sqft (52.0 sqm): a studio on the 7th floor of a 16-storey tower completed in 2016.

What is unit 10704 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 10704, Five Palm Jumeirah

Starts from the last sale price (AED 2M, 4 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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