Skai Holdings: hotel-branded residences and the operator question
A developer of hotel-branded buildings on Palm Jumeirah. Operators can change over a building’s life — what that does to the asset, and what to establish before buying.
Five Palm Jumeirah
Palm West Beach · Skai Holdings
Project factsheet
Developer Skai Holdings
Status Completed
Completed 2016
District Palm West Beach
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
Specifications for Five Palm Jumeirah per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
About the project
Five Palm Jumeirah is a hotel residence in Palm West Beach, completed in 2016.
The developer is Skai Holdings. The architecture is by P&T Architects & Engineers Ltd.
The database currently holds 8 lots in this project, from 3 100 000 AED; 1 of them priced below the market, the deepest discount 7%.
A hotel-and-residences building on Palm West Beach, opened in 2016 under the FIVE brand — the same hospitality group behind FIVE Jumeirah Village and FIVE LUXE.
What it is
Five Palm Jumeirah is a hotel and residences complex by Skai Holdings, designed by P&T Architects & Engineers, opened in 2016 on Palm West Beach. It operates under the FIVE hospitality brand, known internationally for its nightlife and beach-club programming as much as for accommodation.
Our own stock: eight lots, one- to three-bedroom apartments, priced from AED 3.91 million to AED 9 million, averaging AED 3,611 per square foot.
The brand has since expanded — FIVE LUXE JBR opened later in the same portfolio — giving a buyer here a direct point of comparison within one hospitality group's own Dubai footprint.
Price per square foot across Palm Jumeirah
Five Palm Jumeirah sits below several branded and villa-format addresses on the island, but comfortably above the island's average — consistent with a recognised international hospitality brand on beachfront land.
| Project | AED / ft² | Lots | Avg. size |
|---|---|---|---|
| Royal Atlantis Residences | 12733 | 3 | 2759 ft² |
| Palm Beach Towers | 10763 | 3 | 860 ft² |
| Signature Villas | 7610 | 7 | 10,350 ft² |
| W Residences | 4678 | 15 | 3246 ft² |
| Orla | 6681 | 4 | 5199 ft² |
| Garden Homes | 6565 | 11 | 7008 ft² |
| Ellington Beach House | 5152 | 11 | 1675 ft² |
| The Crescent | 4830 | 26 | 3562 ft² |
| Palm Beach Towers Residences 1 | 4745 | 7 | 1158 ft² |
| Serenia Living | 4577 | 3 | 1827 ft² |
| The Palm Tower | 4413 | 5 | 1087 ft² |
| Five Palm Jumeirah | 3611 | 8 | 1709 ft² |
| Palm Beach Towers 3 | 3714 | 5 | 1128 ft² |
| Palm Beach Towers 2 | 3544 | 8 | 2188 ft² |
| Oceana | 3443 | 7 | 2790 ft² |
| Fairmont Palm Residences | 3397 | 5 | 2783 ft² |
| Azizi Mina | 2704 | 4 | 1482 ft² |
| Royal Amwaj Residences | 2641 | 3 | 1928 ft² |
| Shoreline Apartments | 2596 | 12 | 1849 ft² |
| Marina Residences | 2209 | 5 | 2117 ft² |
| Golden Mile | 2166 | 4 | 4320 ft² |
Our own stock as of 28 August 2026, projects with three or more lots and a known area. Island average — AED 4,781/ft², median lot AED 8.2 million out of 250 lots.
What the FIVE brand is actually selling
A residence here is bought alongside a working nightlife and hospitality operation on the ground floor — the same trade-off familiar from buying near Ibiza's beach clubs or a Miami South Beach hotel-residence: proximity to the energy that sets the address apart also means noise and footfall that a quieter building would not have.
As with any hotel-branded residence, confirm whether the specific unit is under compulsory rental management or fully owner-controlled — the two carry very different economics and very different rights to simply live there.
Ask for the actual historical rental performance from the operator rather than a projected figure — FIVE has now operated in Dubai long enough to have real occupancy and rate data, and that is a stronger basis for a yield decision than any forward-looking pitch.
Factsheet: developer Skai Holdings, architect P&T Architects & Engineers Ltd, opened 2016. Our own stock as of 28 August 2026: 8 lots (size, price, price per square foot), price-per-square-foot table across Palm Jumeirah projects.
What the complex has
Swimming pool
Gym
Spa and sauna
Restaurants
Where it is
Lots in this project — 8
Frequently asked about Five Palm Jumeirah
Who is the developer of Five Palm Jumeirah?
Skai Holdings. The architecture is by P&T Architects & Engineers Ltd.
Has Five Palm Jumeirah been handed over?
Yes. Five Palm Jumeirah was handed over in 2016 — it is ready housing you can live in or let straight after the deal.
Where is Five Palm Jumeirah?
Palm Jumeirah. The palm-shaped island: villas on the fronds, apartments along the trunk, resorts around the crescent.
How much does an apartment in Five Palm Jumeirah cost?
The database currently holds 8 lots in this project, from 3 100 000 AED; 1 of them priced below the market, the deepest discount 7%. Prices in the base are live and update every day; ask for the current list for the building before deciding.
What is on site at Five Palm Jumeirah?
Swimming pool, Gym, Spa and sauna, Restaurants. The list comes from the project description and covers the whole complex.
In the news
What has been written about the building, its developer and Palm West Beach
Where this project stands today
I will send the available layouts, the real entry price and what owners and tenants actually say about the building — without the brochure language.
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