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Studio · 599 sqftFive Palm Jumeirah, Palm Jumeirah · 6th floor · completed 2016

20605, Five Palm Jumeirah

Sold prices and rental history: sold twice, last in September 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 20605 · DLD and Ejari recordsUpdated 11 September 2019
Last soldAED 1.2M11 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 20605, Five Palm Jumeirah

What is 20605 worth today?

Last sold for AED 1,200,000 in 2019

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11 Sep 2019SoldReady
AED 1,200,000AED 2,003 per sqft
1 Oct 2013Sold by developerOff-plan
AED 1,712,728AED 2,859 per sqft

Source: Dubai Land Department. Updated 11 September 2019.

Key facts

Type
Studio hotel apartment
Size
599 sqft
Floor
6th of 16
Parking
nan
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 1.2M · September 2019
Building
Five Palm Jumeirah

About 20605, Five Palm Jumeirah

20605 is a studio of 599 sqft on the 6th 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 11 September 2019 for AED 1,200,000, or AED 2,003 per sqft, 9% above the AED 1,833 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 20605 over time

Sales
Unit 20605, 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 1,712,728 (AED 2,859 per sqft)Sold, September 2019: AED 1,200,000 (AED 2,003 per sqft)

20605 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 20605, 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 20605 sits

All 352 studios →

20605 last sold in September 2019 at AED 2,003 per sqft, 9% above what studios in Five Palm Jumeirah were fetching at the time (AED 1,833). 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 6th floor

All 699 units in Five Palm Jumeirah
Value
106011-bedAED 2.36M · Jul 2013
10602StudioAED 1.47M · Jan 2022
10603StudioAED 1.71M · Jul 2013
10604StudioAED 1.71M · May 2014
10605StudioAED 1.71M · Jul 2013
10606StudioAED 1.73M · Oct 2013
106071-bedAED 2.74M · Aug 2013
1–7 of 52

20605, Five Palm Jumeirah in numbers

  • Sold twice: first on 1 October 2013 for AED 1,712,728, last on 11 September 2019 for AED 1,200,000 (AED 2,003 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 11 September 2019.

Questions about 20605, Five Palm Jumeirah

What did unit 20605 last sell for?

AED 1,200,000 on 11 September 2019: AED 2,003 per sqft for 599 sqft. The unit has 2 registered sales; the first was AED 1,712,728 in October 2013.

How big is unit 20605?

599 sqft (55.6 sqm): a studio on the 6th floor of a 16-storey tower completed in 2016.

What is unit 20605 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 20605, Five Palm Jumeirah

Starts from the last sale price (AED 1.2M, 11 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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