Photos and renders of the building and grounds — not of this particular unit.
Five Palm Jumeirah
2 BR · Apartment
About the building
A hotel residence in Palm West Beach, completed in 2016. Developer — Skai Holdings. Architect — P&T Architects & Engineers Ltd.
What the building has
- Swimming pool
- Gym
- Spa and sauna
- Restaurants
Where it is
Palm Jumeirah
The palm-shaped island: villas on the fronds, apartments along the trunk, resorts around the crescent.
- short-let income
- beachfront living
- capital preservation
What to check: Confirm in writing that the specific building permits holiday lets before you underwrite any short-let income, and model summer and winter occupancy separately — beach-driven demand falls sharply from June to September.
Full district guide →Questions and answers about lot NP5-107430
How much is this 2-bedroom apartment in Five Palm Jumeirah?
Lot NP5-107430 is priced at AED 4 728 000, about $1 287 000. The size is 1 035 sq ft (96 m²), which works out at AED 4 568 per sq ft.
Is there a discount on this lot?
There is no recorded price cut: the lot is in the database at the seller's asking price. The comparisons below show how that price sits against the market.
How does this price compare with other lots in Five Palm Jumeirah?
The database holds 4 lots in Five Palm Jumeirah right now, from AED 3 908 000 to AED 7 600 000. 3 of them share this type and bedroom count: this lot is the cheapest. At AED 4 568 per sq ft this lot is 6% above the median for the other lots in the project (AED 4 299).
Is this expensive or cheap for Palm Jumeirah?
The database holds 246 lots in Palm Jumeirah, starting from AED 1 250 000. The area median is AED 4 224 per sq ft; this lot, at AED 4 568, is 8% above it. 27 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Palm Jumeirah area guide →Is the property ready or still under construction?
The listing gives no handover date. The project passport gives 2016 as the completion year.
Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes, and the listing does not confirm that this property is ready. If it has been handed over, the numbers are: a resident puts down from 20%, here AED 946 000; a loan of AED 3 782 000 over 25 years at 3.75–4.99% a year comes to roughly AED 19 400–22 100 a month. A non-resident puts down from 40% (AED 1 891 000) and pays about AED 14 600–16 600 a month. The bank approves the rate and the amount.
Run your own numbers in the mortgage calculator →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 189 120 for this lot. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
On price, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 4 728 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →What is known about Five Palm Jumeirah?
The developer is Nakheel. Completion year: 2016. Figures are from the project passport: Propsearch and the Dubai Land Department.
Five Palm Jumeirah project page →How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP5-107430 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
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