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Studio · 635 sqftFive Palm Jumeirah, Palm Jumeirah · 8th floor · completed 2016

20816, Five Palm Jumeirah

Sold prices and rental history: sold once, by the developer in July 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 20816 · DLD and Ejari recordsUpdated 14 July 2013
Last soldAED 1.96M14 July 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 20816, Five Palm Jumeirah

What is 20816 worth today?

Last sold for AED 1,962,720 in 2013

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14 Jul 2013Sold by developerOff-plan
AED 1,962,720AED 3,090 per sqft

Source: Dubai Land Department. Updated 14 July 2013.

Key facts

Type
Studio hotel apartment
Size
635 sqft
Floor
8th of 16
Parking
nan
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 1.96M · July 2013
Building
Five Palm Jumeirah

About 20816, Five Palm Jumeirah

20816 is a studio of 635 sqft on the 8th 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 14 July 2013 for AED 1,962,720, or AED 3,090 per sqft, 8% above the AED 2,859 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 20816 over time

Sales
Unit 20816, 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, July 2013: AED 1,962,720 (AED 3,090 per sqft)

20816 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 20816, 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 20816 sits

All 352 studios →

20816 last sold in July 2013 at AED 3,090 per sqft, 8% above what studios in Five Palm Jumeirah were fetching at the time (AED 2,859). 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 8th floor

All 699 units in Five Palm Jumeirah
Value
108011-bedAED 2.36M · Sep 2013
10802StudioAED 1.7M · Sep 2013
10803StudioAED 2M · Jun 2023
10804StudioAED 1.71M · Sep 2013
10805StudioAED 1.71M · Jul 2013
10806StudioAED 1.73M · Sep 2013
108071-bedAED 2.74M · Aug 2013
1–7 of 50

20816, Five Palm Jumeirah in numbers

  • Sold once: by SKAI Zaya Real Estate Development on 14 July 2013 for AED 1,962,720, or AED 3,090 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 14 July 2013.

Questions about 20816, Five Palm Jumeirah

What did unit 20816 last sell for?

AED 1,962,720 on 14 July 2013, sold by the developer: AED 3,090 per sqft for 635 sqft. It is the only registered sale of the unit.

How big is unit 20816?

635 sqft (59.0 sqm): a studio on the 8th floor of a 16-storey tower completed in 2016.

What is unit 20816 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 20816, Five Palm Jumeirah

Starts from the last sale price (AED 1.96M, 14 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,962,720
Deposit, UAE resident (20%)
AED 392,544
Deposit, non-resident (40%)
AED 785,088
Monthly over 25 years at 3.7%
AED 8,030

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