Apartments for rent in Five Palm Jumeirah

Your Guide to Apartments for Rent in FIVE Palm Jumeirah, Palm Jumeirah

FIVE Palm Jumeirah is a luxury residential building completed in 2017, featuring 17 floors of high-end flats for rent. This popular neighbourhood on Palm Jumeirah offers stunning views of the water and attracts residents seeking a well-connected location with premium amenities. The building provides a range of facilities including a shared pool, gym, spa, concierge services, and 24/7 security, making it ideal for expat housing and long-term rental.

Flats for rent in FIVE Palm Jumeirah are spacious, averaging around 2,300 sqft, with sizes ranging from 1,100 to 2,800 sqft. Most units come with balconies, built-in wardrobes, central AC, covered parking, and kitchen appliances. Many properties also feature a children’s pool, lobby area, and shared spa, catering to families and professionals looking for luxury finishes and comfort. The monthly and yearly rents are positioned at the high end of the market, reflecting the premium

Market Overview

Flats for rent in FIVE Palm Jumeirah offer luxury living with average monthly rents around AED 43,000, significantly above the country average of AED 19,000. These high-end properties average 2,300 sqft, ranging from 1,100 to 2,800 sqft, featuring balconies, built-in wardrobes, central AC, and covered parking. Many properties have shared pools, gyms, spas, children's pools, concierge, lobbies, security, and water views, ideal for long-term rental in a well-connected location.

Property Prices in FIVE Palm Jumeirah, Palm Jumeirah

Flats for rent in FIVE Palm Jumeirah on Palm Jumeirah are positioned at the high end of the market, with monthly rents starting from AED 8,000 and averaging around AED 43,000. These spacious flats, ranging from 1,100 to 2,800 sqft, are popular among those seeking luxury living and long-term rental options in an exclusive waterfront location.

• 1 BHK for rent in FIVE Palm Jumeirah, Palm Jumeirah – approx. 262000 AED per year, 1100 to 1200 sq ft
• 2 BHK for rent in FIVE Palm Jumeirah, Palm Jumeirah – approx. 412000 AED per year, 1400 to 2200 sq ft
• Furnished 3 BHK for rent in FIVE Palm Jumeirah, Palm Jumeirah – approx. 591000 AED per year, 2300 to 2800 sq ft

Why Rent Apartments in FIVE Palm Jumeirah, Palm Jumeirah?

Luxury Waterfront Living

Flats for rent in FIVE Palm Jumeirah offer a high-end lifestyle with stunning views of water, spacious balconies, and access to shared pools, spas, and gyms in a modern 17-floor building completed in 2017.

Exclusive Community Appeal

This popular neighbourhood attracts affluent residents and families who value security, concierge services, covered parking, and child-friendly amenities like a dedicated children's pool.

Prestigious Rental Market

Flats for rent in FIVE Palm Jumeirah are positioned in a high-demand area with competitive prices well above the country average, appealing to those seeking luxury living and strong long-term rental options.

Who Should Consider Living in FIVE Palm Jumeirah, Palm Jumeirah

High-End Renters

Suitable for those seeking luxury flats with premium amenities and water views.

Families

Ideal for families wanting spacious flats with child-friendly pools and security.

Professionals & Expats

Perfect for professionals seeking furnished flats with gym, concierge, and parking.

Amenities in FIVE Palm Jumeirah, Palm Jumeirah

• Flats for rent in FIVE Palm Jumeirah offer shared pools, gyms, and spas for residents.
• Many properties include balconies with water views and built-in wardrobes.
• The building provides concierge services, 24-hour security, and a welcoming lobby area for residents and guests alike.  Covered parking is available for convenience and safety.  Central AC and kitchen appliances come standard in most flats.  Children's pools add family-friendly amenities to the community.

Accessibility & Transport in FIVE Palm Jumeirah, Palm Jumeirah

FIVE Palm Jumeirah enjoys excellent road connectivity, with easy access to major routes such as Sheikh Zayed Road and Al Khail Road. This well-connected location allows residents to travel conveniently to key business hubs and other popular areas across Dubai. The community's position on Palm Jumeirah also provides scenic views and a prestigious address for those seeking luxury living. Public transport options include nearby metro stations on the Red Line, complemented by bus routes that facilitate smooth commutes to central locations like Dubai Marina, Downtown Dubai, and Dubai Internet City. This makes FIVE Palm Jumeirah an attractive choice for expats and professionals looking for convenient access to work and leisure destinations.

Pros & Cons of Renting Apartments in FIVE Palm Jumeirah, Palm Jumeirah

Pros

• High-end flats with spacious sizes averaging 2300 sqft, suitable for luxury living and family homes.
• Many properties offer water views, balconies, and built-in wardrobes enhancing comfort and lifestyle.
• Comprehensive amenities including shared pools, children's pools, gyms, spas, concierge, and security provide a premium living experience.
• Covered parking and central AC are standard, supporting convenience and comfort year-round.
• Located in a popular, well-established building completed in 2017 with 17 floors, offering modern finishes and facilities.

Cons

• Monthly rents and yearly prices are significantly higher than the country average, reflecting the premium market position.
• Starting prices are high, which may limit options for first-time renters or those with flexible budgets.
• The high-end pricing may result in lower rental yield compared to more affordable areas.

FAQs about Apartments for Rent in FIVE Palm Jumeirah, Palm Jumeirah

Q: What is the price range for flats for rent in FIVE Palm Jumeirah?

A: Flats for rent in FIVE Palm Jumeirah are positioned in the high-end market, with monthly rents starting from AED 8,000 and averaging around AED 43,000. Yearly rents typically start at AED 230,000 and average AED 605,000, reflecting the luxury nature of the development.

Q: Are flats in FIVE Palm Jumeirah furnished or unfurnished?

A: Most flats in FIVE Palm Jumeirah come with modern kitchen appliances and built-in wardrobes, offering a ready-to-move-in feel. While specific furnished options vary, many units provide high-quality finishes and essential amenities suitable for both furnished and unfurnished preferences.

Q: Is FIVE Palm Jumeirah suitable for families and expats?

A: Yes, FIVE Palm Jumeirah is well-suited for families and expats seeking luxury living. The development features child-friendly amenities such as a children's pool, along with security, concierge services, and spacious flats averaging 2,300 sqft, making it ideal for family homes and long-term rental.

Q: What amenities are available in FIVE Palm Jumeirah flats?

A: Residents enjoy access to shared pools, a children's pool, a shared gym, a spa, concierge services, covered parking, and 24/7 security. Most flats also have balconies with water views, central air conditioning, and lobby areas, enhancing comfort and luxury living.

Q: How well connected is FIVE Palm Jumeirah in terms of transport?

A: FIVE Palm Jumeirah benefits from its location on Palm Jumeirah, offering good road connectivity to Dubai’s main areas. While direct metro access is not available on the Palm, residents can use nearby transport options including taxis and buses for commuting to the city and business districts.