40007, Five Palm Jumeirah
Sold prices and rental history: sold once, by the developer in May 2018, and rented once, from April 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 40007, Five Palm Jumeirah
What is 40007 worth today?
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Source: Dubai Land Department. Updated 3 May 2018.
Key facts
- Type
- 1-bed apartment
- Size
- 2,187 sqft
- Floor
- Ground of 16
- Parking
- B2-340
- Developer
- SKAI Zaya Real Estate Development
- Completed
- 2016
- Last sold
- AED 3.3M · May 2018
- Building
- Five Palm Jumeirah
About 40007, Five Palm Jumeirah
40007 is a one-bedroom apartment of 2,187 sqft on the ground 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 3 May 2018 for AED 3,300,000, or AED 1,508 per sqft, in line with the AED 1,508 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 2 April 2018. The current contract, signed on 2 April 2018, is AED 300,843 a year: a gross yield of 9.1% on the 2018 price.
Sales and rents for 40007 over time
40007 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Five Palm Jumeirah, and where 40007 sits
All 141 1-beds →40007 last sold in May 2018 at AED 1,508 per sqft, in line with what one-beds in Five Palm Jumeirah were fetching at the time (AED 1,508). Over the last 12 months one-beds sold for AED 3,100,000 to 3,600,000, around AED 2,756 per sqft, and rent for AED 170,000 to 260,000 a year. 40007's AED 300,843 is at the top of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202620 October 2026 | 1,215 sqft | 3,600,000 | 2,962 | ||
| 17 Apr 202617 April 2026 | 1,215 sqft | 3,100,000 | 2,550 | ||
| 24 Oct 202524 October 2025 | 1,215 sqft | 3,700,000 | 3,044 | ||
| 24 Jun 202524 June 2025 | 1,223 sqft | 4,000,000 | 3,269 |
Five Palm Jumeirah
Building699 apartments, studios to 5-bed over 16 floors in Palm Jumeirah, completed in 2016 by SKAI Zaya Real Estate Development. 18 sold in the last 12 months.
- Typical price per sqft
- AED 2,549 Down 10.6%
- Typical sale
- AED 5.03M
- Typical rent
- AED 315K /yr
- Typical yield
- 7.3%
Other units on the ground floor
All 699 units in Five Palm Jumeirah| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5001 | 5-bed | 12,306 sqft | AED 45MAED 45,000,000 · Jul 2024July 2024 | 3,500,000 /yr | |
| 10001 | 4-bed | 6,056 sqft | AED 10.5MAED 10,497,146 · Nov 2013November 2013 | ||
| 10002 | 4-bed | 6,067 sqft | AED 10.5MAED 10,500,000 · Feb 2021February 2021 | 750,000 /yr | |
| 20001 | 4-bed | 6,049 sqft | AED 13MAED 13,000,000 · Aug 2021August 2021 | ||
| 20002 | 4-bed | 6,049 sqft | AED 5MAED 5,000,000 · Mar 2018March 2018 | ||
| 30004 | 3-bed | 7,808 sqft | AED 13.83MAED 13,825,000 · Apr 2017April 2017 | ||
| 30005 | 3-bed | 6,390 sqft | AED 14.6MAED 14,600,000 · Jun 2017June 2017 | ||
| 30006 | 2-bed | 3,161 sqft | AED 5.45MAED 5,450,000 · Jul 2021July 2021 | 265,000 /yr | |
| 30007 | 1-bed | 2,187 sqft | AED 3.58MAED 3,578,029 · Apr 2017April 2017 | 375,000 /yr | |
| 30008 | 2-bed | 3,020 sqft | AED 4.75MAED 4,750,000 · Apr 2018April 2018 | 100,000 /yr | |
| 40004 | 3-bed | 7,807 sqft | AED 17.42MAED 17,420,062 · Jul 2013July 2013 | 600,000 /yr | |
| 40005 | 3-bed | 6,391 sqft | AED 9MAED 9,000,000 · Sep 2022September 2022 | 750,000 /yr | |
| 40006 | 2-bed | 3,161 sqft | AED 5.05MAED 5,050,000 · Mar 2021March 2021 | ||
| 40008 | 2-bed | 3,022 sqft | AED 7.7MAED 7,700,000 · Feb 2026February 2026 | ||
| 50001 | 5-bed | 12,305 sqft | AED 25MAED 25,000,000 · Sep 2026September 2026 | ||
| 50002 | 5-bed | 12,330 sqft | AED 35MAED 35,000,000 · May 2023May 2023 | 500,000 /yr | |
| 50003 | 5-bed | 12,333 sqft | AED 39MAED 39,000,000 · Apr 2016April 2016 | ||
| 50004 | 5-bed | 12,324 sqft | AED 39MAED 39,000,000 · Sep 2015September 2015 | 1,469,000 /yr | |
| 50005 | 5-bed | 12,291 sqft | AED 30MAED 30,000,000 · Oct 2017October 2017 | ||
| HOTEL | 76,569 sqft | No registered sale | 1,788,889 /yr |
40007, Five Palm Jumeirah in numbers
- Sold once: by SKAI Zaya Real Estate Development on 3 May 2018 for AED 3,300,000, or AED 1,508 per sqft.
- Rented since April 2018 on one Ejari contract, at AED 300,843 a year.
- At AED 300,843 a year the gross yield on the 2018 price is 9.1%.
- One-beds in Five Palm Jumeirah sold for AED 3,100,000–3,600,000 in the 12 months to November 2026; the building's median across all types is AED 2,549 per sqft.
Source: Dubai Land Department. Updated 3 May 2018.
Questions about 40007, Five Palm Jumeirah
What did unit 40007 last sell for?
AED 3,300,000 on 3 May 2018, sold by the developer: AED 1,508 per sqft for 2,187 sqft. It is the only registered sale of the unit.
What is the rent for unit 40007?
AED 300,843 a year on the contract signed on 2 April 2018.
How big is unit 40007?
2,187 sqft (203.2 sqm): a one-bedroom apartment on the ground floor of a 16-storey tower completed in 2016.
What is unit 40007 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Five Palm Jumeirah sold for AED 3,100,000 to 3,600,000 in the last 12 months, around AED 2,756 per sqft.
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Mortgage on 40007, Five Palm Jumeirah
Starts from the last sale price (AED 3.3M, 3 May 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 3,300,000
- Deposit, UAE resident (20%)
- AED 660,000
- Deposit, non-resident (40%)
- AED 1,320,000
- Monthly over 25 years at 3.7%
- AED 13,501
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →