Studio · 622 sqftFive Palm Jumeirah, Palm Jumeirah · 3rd floor · completed 2016

20318, Five Palm Jumeirah

Sold prices and rental history: sold once, by the developer in April 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 20318 · DLD and Ejari recordsUpdated 15 April 2018
Last soldAED 1.73M15 April 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 20318, Five Palm Jumeirah

What is 20318 worth today?

Last sold for AED 1,730,493 in 2018

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15 Apr 2018Sold by developerReady
AED 1,730,493AED 2,780 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 April 2018.

Key facts

Type
Studio hotel apartment
Size
622 sqft
Floor
3rd of 16
Parking
nan
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 1.73M · April 2018

About 20318, Five Palm Jumeirah

20318 is a studio of 622 sqft on the 3rd 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 15 April 2018 for AED 1,730,493, or AED 2,780 per sqft, 178% above the AED 999 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 20318 over time

Sales
Unit 20318, 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 by developer, April 2018: AED 1,730,493 (AED 2,780 per sqft)

20318 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 20318, 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 20318 sits

All 349 studios →

20318 last sold in April 2018 at AED 2,780 per sqft, 178% above what studios in Five Palm Jumeirah were fetching at the time (AED 999). 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 3rd floor

All 699 units in Five Palm Jumeirah
Value
103011-bedAED 2.36M · Jul 2013
10302StudioAED 1.5M · Aug 2024
10303StudioAED 1.4M · Apr 2022
10304StudioAED 1.71M · Sep 2013
10305StudioAED 1.71M · Sep 2013
10306StudioAED 1.7M · Sep 2022
103071-bedAED 2.74M · Aug 2013
1–7 of 53

20318, Five Palm Jumeirah in numbers

  • Sold once: by SKAI Zaya Real Estate Development on 15 April 2018 for AED 1,730,493, or AED 2,780 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 15 April 2018.

Questions about 20318, Five Palm Jumeirah

What did unit 20318 last sell for?

AED 1,730,493 on 15 April 2018, sold by the developer: AED 2,780 per sqft for 622 sqft. It is the only registered sale of the unit.

How big is unit 20318?

622 sqft (57.8 sqm): a studio on the 3rd floor of a 16-storey tower completed in 2016.

What is unit 20318 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 20318, Five Palm Jumeirah

Starts from the last sale price (AED 1.73M, 15 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,730,493
Deposit, UAE resident (20%)
AED 346,099
Deposit, non-resident (40%)
AED 692,197
Monthly over 25 years at 3.7%
AED 7,080

Plus AED 77,691 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →