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Studio · 607 sqftFive Palm Jumeirah, Palm Jumeirah · 7th floor · completed 2016

10709, Five Palm Jumeirah

Sold prices and rental history: sold twice, last in November 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 10709 · DLD and Ejari recordsUpdated 8 November 2022
Last soldAED 1.67M8 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 10709, Five Palm Jumeirah

What is 10709 worth today?

Last sold for AED 1,668,001 in 2022

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8 Nov 2022SoldReady
AED 1,668,001AED 2,749 per sqft
18 Feb 2020Sold by developerReady · flagged as an outlier
AED 121,309AED 200 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 November 2022.

Key facts

Type
Studio hotel apartment
Size
607 sqft
Floor
7th of 16
Parking
nan
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 1.67M · November 2022
Building
Five Palm Jumeirah

About 10709, Five Palm Jumeirah

10709 is a studio of 607 sqft on the 7th 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 8 November 2022 for AED 1,668,001, or AED 2,749 per sqft, in line with 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 10709 over time

Sales
Unit 10709, each saleTypical studio in Five Palm Jumeirah
1M2M2013201720212025Typical sale price by year: 2013 AED 1,730,493; 2014 AED 1,835,143; 2015 AED 1,822,025; 2016 AED 1,851,879; 2017 AED 649,171; 2018 AED 618,440; 2019 AED 1,264,000; 2020 AED 1,050,000; 2021 AED 1,150,000; 2022 AED 1,689,610; 2023 AED 1,689,017; 2024 AED 1,915,000; 2025 AED 1,450,000Sold, November 2022: AED 1,668,001 (AED 2,749 per sqft)

10709 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 10709, 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 10709 sits

All 349 studios →

10709 last sold in November 2022 at AED 2,749 per sqft, in line with what studios in Five Palm Jumeirah were fetching at the time (AED 2,749). Over the last 12 months studios sold for AED 1,360,000 to 1,400,000, around AED 2,387 per sqft.

Recent studio salesUnit no.Price (AED)Summary
13 Feb 20261,400,000
25 Jun 20251,420,000
25 Jun 20251,420,000
11 Jun 20251,600,000
2 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. 7 sold in the last 12 months.

Typical price per sqft
AED 2,548
Typical sale
AED 5.05M
Typical rent
AED 300K /yr
Typical yield
8.4%
Five Palm Jumeirah, Palm Jumeirah: prices, sales and rents →

Other units on the 7th floor

All 699 units in Five Palm Jumeirah
Value
107011-bedAED 2.36M · Mar 2016
10702StudioAED 1.13M · Nov 2020
10703StudioAED 1.71M · Jul 2013
10704StudioAED 2M · Jun 2017
10705StudioAED 1.77M · Nov 2013
10706StudioAED 1.73M · Oct 2013
107071-bedAED 2.74M · Aug 2013
1–7 of 52

10709, Five Palm Jumeirah in numbers

  • Sold twice: first on 18 February 2020 for AED 121,309, last on 8 November 2022 for AED 1,668,001 (AED 2,749 per sqft).
  • Studios in Five Palm Jumeirah sold for AED 1,360,000–1,400,000 in the 12 months to November 2026; the building's median across all types is AED 2,548 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 8 November 2022.

Questions about 10709, Five Palm Jumeirah

What did unit 10709 last sell for?

AED 1,668,001 on 8 November 2022: AED 2,749 per sqft for 607 sqft. The unit has 2 registered sales; the first was AED 121,309 in February 2020.

How big is unit 10709?

607 sqft (56.4 sqm): a studio on the 7th floor of a 16-storey tower completed in 2016.

What is unit 10709 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 1,360,000 to 1,400,000 in the last 12 months, around AED 2,387 per sqft.

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Mortgage on 10709, Five Palm Jumeirah

Starts from the last sale price (AED 1.67M, 8 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,668,001
Deposit, UAE resident (20%)
AED 333,600
Deposit, non-resident (40%)
AED 667,200
Monthly over 25 years at 3.7%
AED 6,824

Plus AED 75,066 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →