Five Palm Jumeirah by Five Holdings
The Project and Who Stands Behind It
Five Palm Jumeirah is a residential apartment development on Palm Jumeirah, built by Five Holdings. The developer is known in Dubai for hotel and branded residence projects, and this address sits firmly within that tradition. You are buying into a product that blurs the line between a private home and a hotel-style lifestyle asset. That context matters when you are deciding what this property is actually for.
What Palm Jumeirah Means in Practice
Palm Jumeirah is not just a postcode. It is a man-made island that carries genuine scarcity value. There is a fixed amount of land here, and that supply constraint has historically supported prices better than most Dubai sub-markets during downturns.
For daily life, it is quieter than Downtown or Marina, but not remote. The monorail connects to the mainland. The Nakheel Mall sits at the trunk. Residents typically own a car, and the drive to Dubai Marina takes around ten minutes, to Downtown around twenty-five. This is not a commuter's address in the traditional sense. The people who choose Palm Jumeirah are generally prioritising lifestyle over convenience, or they are investors targeting the short-term rental market, where Palm Jumeirah consistently commands strong nightly rates.
One Price, One Entry Point
The pricing here is straightforward. Both the minimum and maximum are listed at AED 1,700,000, which means there is a single price point, not a range. You are looking at one specific unit type or configuration at one fixed price.
There is no spread to interpret. Either this number works for your budget or it does not. At this level on Palm Jumeirah, you are in the entry tier for the island, which still places you in a genuinely premium location by Dubai standards.
Apartments and Who They Suit
The project offers apartments only. Given Five Holdings' positioning, the likely buyer is either an investor targeting short-term rentals, a second-home purchaser who wants a lock-up-and-leave property with hotel-adjacent services, or someone relocating to Dubai who wants a ready lifestyle product without the complexity of a villa or townhouse.
This is not a first-family-home product. The DNA of Five Holdings projects leans toward hospitality and lifestyle, which tends to attract buyers who want low-maintenance ownership with strong rental upside.
What the Amenities Tell You
| Category | Facilities |
|---|---|
| Wellness | Gymnasium, Shared Spa |
| Dining and Social | Restaurants, Barbecue Area |
| Recreation | Shared Pool, Children's Play Area |
| Security | CCTV |
Seven amenities is a lean but focused list. The inclusion of on-site restaurants is notable and relatively uncommon in pure residential buildings. It points to a semi-serviced model where residents do not need to leave the building for daily needs. The spa and gym combination reinforces this. The children's play area is a small but deliberate signal that the project is not exclusively targeting single occupants or pure investors.
Timeline and Current Status
Construction started in August 2022 and the expected completion date was December 2023. That date has passed. Based on the data updated in April 2026, this project may already be handed over. You should verify directly with the developer or agent whether units are ready for occupancy, whether any remain available, and what the current registration and transfer process looks like. Do not assume off-plan rules apply here.
Getting In at 70 Down
| Stage | Percentage |
|---|---|
| Down payment | 70% |
| Handover | 30% |
A 70% down payment is high by Dubai off-plan standards, where the market norm often sits between 10% and 30% at signing. This structure requires significant capital upfront and leaves only 30% due at handover. There is no post-handover payment plan, so the total purchase price is settled at or before keys are handed over.
In practice, this suits a cash-heavy buyer or someone with financing already arranged. It is not structured to ease buyers in gradually. If capital deployment is a concern, this payment schedule deserves careful thought before you commit.