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Studio · 622 sqftFive Palm Jumeirah, Palm Jumeirah · 5th floor · completed 2016

20518, Five Palm Jumeirah

Sold prices and rental history: sold twice, last in March 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 20518 · DLD and Ejari recordsUpdated 7 March 2024
Last soldAED 1.73M7 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 20518, Five Palm Jumeirah

What is 20518 worth today?

Last sold for AED 1,725,493 in 2024

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7 Mar 2024SoldReady
AED 1,725,493AED 2,771 per sqft
2 Oct 2013Sold by developerOff-plan
AED 1,730,493AED 2,779 per sqft

Source: Dubai Land Department. Updated 7 March 2024.

Key facts

Type
Studio hotel apartment
Size
622 sqft
Floor
5th of 16
Parking
nan
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 1.73M · March 2024
Building
Five Palm Jumeirah

About 20518, Five Palm Jumeirah

20518 is a studio of 622 sqft on the 5th 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 2024 for AED 1,725,493, or AED 2,771 per sqft, in line with the AED 2,751 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 20518 over time

Sales
Unit 20518, 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, October 2013: AED 1,730,493 (AED 2,779 per sqft)Sold, March 2024: AED 1,725,493 (AED 2,771 per sqft)

20518 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 20518, 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 20518 sits

All 352 studios →

20518 last sold in March 2024 at AED 2,771 per sqft, in line with what studios in Five Palm Jumeirah were fetching at the time (AED 2,751). 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 5th floor

All 699 units in Five Palm Jumeirah
Value
105011-bedAED 1.45M · Jul 2018
10502StudioAED 1.15M · Sep 2018
10503StudioAED 1.71M · Jul 2013
10504StudioAED 1.71M · Jul 2013
10505StudioAED 1.71M · Jul 2013
10506StudioAED 1.73M · Jul 2013
105071-bedAED 2.74M · Aug 2013
1–7 of 52

20518, Five Palm Jumeirah in numbers

  • Sold twice: first on 2 October 2013 for AED 1,730,493, last on 7 March 2024 for AED 1,725,493 (AED 2,771 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 7 March 2024.

Questions about 20518, Five Palm Jumeirah

What did unit 20518 last sell for?

AED 1,725,493 on 7 March 2024: AED 2,771 per sqft for 622 sqft. The unit has 2 registered sales; the first was AED 1,730,493 in October 2013.

How big is unit 20518?

622 sqft (57.8 sqm): a studio on the 5th floor of a 16-storey tower completed in 2016.

What is unit 20518 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 20518, Five Palm Jumeirah

Starts from the last sale price (AED 1.73M, 7 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,725,493
Deposit, UAE resident (20%)
AED 345,099
Deposit, non-resident (40%)
AED 690,197
Monthly over 25 years at 3.7%
AED 7,060

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