Home
Dubai prices
About
Blog
2-bed · 1,888 sqftFive Palm Jumeirah, Palm Jumeirah · 1st floor · completed 2016

40106, Five Palm Jumeirah

Sold prices and rental history: sold twice, last in July 2024, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 40106 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 4.5M1 July 2024
Current rentAED 210K /yr21 July 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 40106

Property timeline for 40106, Five Palm Jumeirah

What is 40106 worth today?

Last sold for AED 4,500,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Jul 2024SoldReady
AED 4,500,000AED 2,383 per sqft
21 Jul 2018RentedRenewal
AED 210,000/yr12 months · AED 111 per sqft
21 Jul 2017RentedNew contract
AED 188,500/yr12 months · AED 100 per sqft
19 Jun 2013Sold by developerOff-plan
AED 3,572,982AED 1,892 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
2-bed apartment
Size
1,888 sqft
Floor
1st of 16
Parking
B2-355
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 4.5M · July 2024
Building
Five Palm Jumeirah

About 40106, Five Palm Jumeirah

40106 is a two-bedroom apartment of 1,888 sqft on the 1st floor of Five Palm Jumeirah, a 16-storey tower in Palm Jumeirah completed in 2016 by SKAI Zaya Real Estate Development. It last sold on 1 July 2024 for AED 4,500,000, or AED 2,383 per sqft, 20% below the AED 2,993 two-beds in the building were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, renewed on 21 July 2018, is AED 210,000 a year: a gross yield of 4.7% on the 2024 price.

Sales and rents for 40106 over time

Sales
Unit 40106, each saleTypical two-bed in Five Palm Jumeirah
4M6M2013201720212025Typical sale price by year: 2013 AED 4,157,280; 2014 AED 4,748,162; 2015 AED 4,563,259; 2016 AED 4,900,000; 2017 AED 3,946,734; 2018 AED 4,400,000; 2019 AED 3,550,000; 2020 AED 2,700,000; 2021 AED 4,050,000; 2022 AED 4,500,000; 2023 AED 5,600,000; 2024 AED 5,400,000; 2025 AED 6,000,000; 2026 AED 5,325,000Sold by developer, June 2013: AED 3,572,982 (AED 1,892 per sqft)Sold, July 2024: AED 4,500,000 (AED 2,383 per sqft)

40106 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 40106, each contractTypical two-bed in Five Palm Jumeirah
200K300K2017202020232026Typical rent by year: 2017 AED 235,000; 2018 AED 225,000; 2019 AED 210,000; 2020 AED 200,000; 2021 AED 210,000; 2022 AED 275,000; 2023 AED 300,000; 2024 AED 340,000; 2025 AED 315,000; 2026 AED 320,000New contract, July 2017: AED 188,500 a yearRenewal, July 2018: AED 210,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Five Palm Jumeirah, and where 40106 sits

All 130 2-beds →

40106 last sold in July 2024 at AED 2,383 per sqft, 20% below what two-beds in Five Palm Jumeirah were fetching at the time (AED 2,993). Over the last 12 months two-beds sold for AED 3,402,000 to 7,700,000, around AED 2,572 per sqft, and rent for AED 170,000 to 600,000 a year. 40106's AED 210,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
24 Sep 20263,402,000
18 Feb 20267,700,000
6 Feb 20265,050,000
6 Jan 20265,600,000
6 2-bed sales in the last 12 months

Five Palm Jumeirah

Building

699 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%
Five Palm Jumeirah, Palm Jumeirah: prices, sales and rents →

Other units on the 1st floor

All 699 units in Five Palm Jumeirah
Value
10102StudioAED 3.69M · Jul 2013
101031-bedAED 2.89M · Jul 2013
10105StudioAED 1.67M · Mar 2023
10107StudioAED 1.69M · Mar 2023
101091-bedAED 2.86M · Jul 2013
10111StudioAED 1.71M · Mar 2023
10113StudioAED 1.91M · Jul 2013
1–7 of 26

40106, Five Palm Jumeirah in numbers

  • Sold twice: first on 19 June 2013 for AED 3,572,982, last on 1 July 2024 for AED 4,500,000 (AED 2,383 per sqft).
  • Rented since July 2017 on 2 Ejari contracts, from AED 188,500 to AED 210,000 a year.
  • At AED 210,000 a year the gross yield on the 2024 price is 4.7%.
  • Two-beds in Five Palm Jumeirah sold for AED 3,402,000–7,700,000 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 1 July 2024.

Questions about 40106, Five Palm Jumeirah

What did unit 40106 last sell for?

AED 4,500,000 on 1 July 2024: AED 2,383 per sqft for 1,888 sqft. The unit has 2 registered sales; the first was AED 3,572,982 in June 2013.

What is the rent for unit 40106?

AED 210,000 a year on the contract renewed on 21 July 2018. The previous contract, from July 2017, was AED 188,500.

How big is unit 40106?

1,888 sqft (175.4 sqm): a two-bedroom apartment on the 1st floor of a 16-storey tower completed in 2016.

What is unit 40106 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Five Palm Jumeirah sold for AED 3,402,000 to 7,700,000 in the last 12 months, around AED 2,572 per sqft.

Selling 40106? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 40106, Five Palm Jumeirah

Starts from the last sale price (AED 4.5M, 1 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,500,000
Deposit, UAE resident (20%)
AED 900,000
Deposit, non-resident (40%)
AED 1,800,000
Monthly over 25 years at 3.7%
AED 18,411

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →