76,569 sqftFive Palm Jumeirah, Palm Jumeirah · Ground floor · completed 2016

HOTEL, Five Palm Jumeirah

Sold prices and rental history: no registered sale, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit HOTEL · DLD and Ejari recordsUpdated 9 December 2022
Current rentAED 1.79M /yr9 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for HOTEL, Five Palm Jumeirah

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9 Dec 2022RentedNew contract
AED 1,788,889/yr120 months · AED 23 per sqft
12 Jul 2020RentedNew contract
AED 1,610,000/yr120 months · AED 21 per sqft
7 Jan 2020RentedNew contract · flagged as an outlier
AED 1,111,111/yr24 months · AED 15 per sqft
20 Jun 2019RentedRenewal · flagged as an outlier
AED 1,000,000/yr24 months · AED 13 per sqft
20 Jun 2017RentedNew contract · flagged as an outlier
AED 750,000/yr24 months · AED 10 per sqft

Source: Dubai Land Department. Updated 9 December 2022.

Key facts

Type
Hotel apartment
Size
76,569 sqft
Floor
Ground of 16
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
No registered sale

About HOTEL, Five Palm Jumeirah

HOTEL is a hotel apartment of 76,569 sqft on the ground floor of Five Palm Jumeirah, a 16-storey tower in Palm Jumeirah completed in 2016 by SKAI Zaya Real Estate Development. No sale of the unit is registered with the Dubai Land Department.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 9 December 2022, is AED 1,788,889 a year.

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 ground floor

All 699 units in Five Palm Jumeirah
Value
50015-bedAED 45M · Jul 2024
100014-bedAED 10.5M · Nov 2013
100024-bedAED 10.5M · Feb 2021
200014-bedAED 13M · Aug 2021
200024-bedAED 5M · Mar 2018
300043-bedAED 13.83M · Apr 2017
300053-bedAED 14.6M · Jun 2017
1–7 of 20

HOTEL, Five Palm Jumeirah in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since June 2017 on 5 Ejari contracts, from AED 750,000 to AED 1,788,889 a year.

Source: Dubai Land Department. Updated 9 December 2022.

Questions about HOTEL, Five Palm Jumeirah

What is the rent for unit HOTEL?

AED 1,788,889 a year on the contract signed on 9 December 2022. The previous contract, from July 2020, was AED 1,610,000; the unit has been rented since June 2017.

How big is unit HOTEL?

76,569 sqft (7113.5 sqm): a hotel apartment on the ground floor of a 16-storey tower completed in 2016.

What is unit HOTEL worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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