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Studio · 629 sqftFive Palm Jumeirah, Palm Jumeirah · 2nd floor · completed 2016

20220, Five Palm Jumeirah

Sold prices and rental history: sold 3 times, last in November 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 20220 · DLD and Ejari recordsUpdated 28 November 2023
Last soldAED 1.6M28 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 20220, Five Palm Jumeirah

What is 20220 worth today?

Last sold for AED 1,600,000 in 2023

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28 Nov 2023SoldReady
AED 1,600,000AED 2,545 per sqft
6 Dec 2020SoldReady
AED 1,500,000AED 2,386 per sqft
18 Jun 2015Sold by developerOff-plan
AED 1,730,493AED 2,752 per sqft

Source: Dubai Land Department. Updated 28 November 2023.

Key facts

Type
Studio hotel apartment
Size
629 sqft
Floor
2nd of 16
Parking
nan
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 1.6M · November 2023
Building
Five Palm Jumeirah

About 20220, Five Palm Jumeirah

20220 is a studio of 629 sqft on the 2nd 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 28 November 2023 for AED 1,600,000, or AED 2,545 per sqft, 7% below the AED 2,749 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 20220 over time

Sales
Unit 20220, 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, June 2015: AED 1,730,493 (AED 2,752 per sqft)Sold, December 2020: AED 1,500,000 (AED 2,386 per sqft)Sold, November 2023: AED 1,600,000 (AED 2,545 per sqft)

20220 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 20220, 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 20220 sits

All 352 studios →

20220 last sold in November 2023 at AED 2,545 per sqft, 7% below what studios in Five Palm Jumeirah were fetching at the time (AED 2,749). 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 2nd floor

All 699 units in Five Palm Jumeirah
Value
102011-bedAED 2.43M · Jun 2023
10202StudioAED 1.77M · Dec 2013
10203StudioAED 1.53M · Nov 2022
10204StudioAED 1.71M · Jul 2013
10205StudioAED 1.64M · Dec 2022
10206StudioAED 1.69M · Jan 2023
102071-bedAED 2.74M · Jul 2013
1–7 of 53

20220, Five Palm Jumeirah in numbers

  • Sold 3 times: first on 18 June 2015 for AED 1,730,493, last on 28 November 2023 for AED 1,600,000 (AED 2,545 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 28 November 2023.

Questions about 20220, Five Palm Jumeirah

What did unit 20220 last sell for?

AED 1,600,000 on 28 November 2023: AED 2,545 per sqft for 629 sqft. The unit has 3 registered sales; the first was AED 1,730,493 in June 2015.

How big is unit 20220?

629 sqft (58.4 sqm): a studio on the 2nd floor of a 16-storey tower completed in 2016.

What is unit 20220 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 20220, Five Palm Jumeirah

Starts from the last sale price (AED 1.6M, 28 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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