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2-bed · 1,855 sqftFive Palm Jumeirah, Palm Jumeirah · 2nd floor · completed 2016

40203, Five Palm Jumeirah

Sold prices and rental history: sold once, by the developer in June 2013, and rented continuously since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 40203 · DLD and Ejari recordsUpdated 6 February 2026
Last soldAED 3.64M19 June 2013
Current rentAED 320K /yr6 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 40203, Five Palm Jumeirah

What is 40203 worth today?

Last sold for AED 3,642,015 in 2013

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6 Feb 2026RentedNew contract
AED 320,000/yr7 months · AED 173 per sqft
2 Sep 2025RentedNew contract
AED 320,000/yr12 months · AED 173 per sqft
14 Jan 2025RentedNew contract
AED 290,000/yr12 months · AED 157 per sqft
14 Jan 2025RentedNew contract
AED 290,000/yr12 months · AED 157 per sqft
19 Jun 2013Sold by developerOff-plan
AED 3,642,015AED 1,962 per sqft

Source: Dubai Land Department. Updated 6 February 2026.

Key facts

Type
2-bed apartment
Size
1,855 sqft
Floor
2nd of 16
Parking
B2-502
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 3.64M · June 2013
Building
Five Palm Jumeirah

About 40203, Five Palm Jumeirah

40203 is a two-bedroom apartment of 1,855 sqft on the 2nd 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 19 June 2013 for AED 3,642,015, or AED 1,962 per sqft, 14% below the AED 2,288 two-beds in the building were fetching at the time.

It has been rented continuously since 2025 on 4 Ejari contracts. The current contract, signed on 6 February 2026, is AED 320,000 a year: a gross yield of 8.8% on the 2013 price.

Sales and rents for 40203 over time

Sales
Unit 40203, 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 3,642,015 (AED 1,962 per sqft)

40203 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 40203, 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, January 2025: AED 290,000 a yearNew contract, January 2025: AED 290,000 a yearNew contract, September 2025: AED 320,000 a yearNew contract, February 2026: AED 320,000 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 40203 sits

All 130 2-beds →

40203 last sold in June 2013 at AED 1,962 per sqft, 14% below what two-beds in Five Palm Jumeirah were fetching at the time (AED 2,288). 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. 40203's AED 320,000 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 2nd floor

All 699 units in Five Palm Jumeirah
Value
102011-bedAED 2.43M · Jun 2023
10202StudioAED 1.77M · Dec 2013
10203StudioAED 1.53M · Nov 2022
10204StudioAED 1.71M · Jul 2013
10205StudioAED 1.64M · Dec 2022
10206StudioAED 1.69M · Jan 2023
102071-bedAED 2.74M · Jul 2013
1–7 of 53

40203, Five Palm Jumeirah in numbers

  • Sold once: by SKAI Zaya Real Estate Development on 19 June 2013 for AED 3,642,015, or AED 1,962 per sqft.
  • Rented since January 2025 on 4 Ejari contracts, from AED 290,000 to AED 320,000 a year.
  • At AED 320,000 a year the gross yield on the 2013 price is 8.8%.
  • 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 6 February 2026.

Questions about 40203, Five Palm Jumeirah

What did unit 40203 last sell for?

AED 3,642,015 on 19 June 2013, sold by the developer: AED 1,962 per sqft for 1,855 sqft. It is the only registered sale of the unit.

What is the rent for unit 40203?

AED 320,000 a year on the contract signed on 6 February 2026. The previous contract, from September 2025, was AED 320,000; the unit has been rented since January 2025.

How big is unit 40203?

1,855 sqft (172.3 sqm): a two-bedroom apartment on the 2nd floor of a 16-storey tower completed in 2016.

What is unit 40203 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.

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Mortgage on 40203, Five Palm Jumeirah

Starts from the last sale price (AED 3.64M, 19 June 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,642,015
Deposit, UAE resident (20%)
AED 728,403
Deposit, non-resident (40%)
AED 1,456,806
Monthly over 25 years at 3.7%
AED 14,901

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