1-bed · 1,624 sqftFive Palm Jumeirah, Palm Jumeirah · 16th floor · completed 2016

11605, Five Palm Jumeirah

Sold prices and rental history: sold once, by the developer in June 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 11605 · DLD and Ejari recordsUpdated 8 June 2023
Last soldAED 4.27M8 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 11605, Five Palm Jumeirah

What is 11605 worth today?

Last sold for AED 4,270,000 in 2023

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8 Jun 2023Sold by developerReady
AED 4,270,000AED 2,629 per sqft

Source: Dubai Land Department. Updated 8 June 2023.

Key facts

Type
1-bed hotel apartment
Size
1,624 sqft
Floor
16th of 16
Parking
B2-286
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 4.27M · June 2023

About 11605, Five Palm Jumeirah

11605 is a one-bedroom hotel apartment of 1,624 sqft on the 16th floor of Five Palm Jumeirah, a 16-storey tower in Palm Jumeirah completed in 2016 by SKAI Zaya Real Estate Development. The developer sold it on 8 June 2023 for AED 4,270,000, or AED 2,629 per sqft, 4% below the AED 2,749 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 11605 over time

Sales
Unit 11605, 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, June 2023: AED 4,270,000 (AED 2,629 per sqft)

11605 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 11605, 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 11605 sits

All 141 1-beds →

11605 last sold in June 2023 at AED 2,629 per sqft, 4% below what one-beds in Five Palm Jumeirah were fetching at the time (AED 2,749). 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 16th floor

All 699 units in Five Palm Jumeirah
Value
116013-bedNo registered sale
11602StudioAED 2M · Feb 2024
11603StudioAED 2.25M · Nov 2015
116041-bedAED 3.15M · Mar 2016
116062-bedAED 2.92M · Jun 2018
11607StudioAED 1.76M · Sep 2013
21601StudioAED 2.3M · Sep 2015
1–7 of 16

11605, Five Palm Jumeirah in numbers

  • Sold once: by SKAI Zaya Real Estate Development on 8 June 2023 for AED 4,270,000, or AED 2,629 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 8 June 2023.

Questions about 11605, Five Palm Jumeirah

What did unit 11605 last sell for?

AED 4,270,000 on 8 June 2023, sold by the developer: AED 2,629 per sqft for 1,624 sqft. It is the only registered sale of the unit.

How big is unit 11605?

1,624 sqft (150.9 sqm): a one-bedroom hotel apartment on the 16th floor of a 16-storey tower completed in 2016.

What is unit 11605 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 11605, Five Palm Jumeirah

Starts from the last sale price (AED 4.27M, 8 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,270,000
Deposit, UAE resident (20%)
AED 854,000
Deposit, non-resident (40%)
AED 1,708,000
Monthly over 25 years at 3.7%
AED 17,470

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