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3-bed · 2,763 sqftFive Palm Jumeirah, Palm Jumeirah · 2nd floor · completed 2016

40205, Five Palm Jumeirah

Sold prices and rental history: sold twice, last in October 2023, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 40205 · DLD and Ejari recordsUpdated 31 October 2023
Last soldAED 6.2M31 October 2023
Current rentAED 280K /yr15 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 40205, Five Palm Jumeirah

What is 40205 worth today?

Last sold for AED 6,200,000 in 2023

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31 Oct 2023SoldReady
AED 6,200,000AED 2,243 per sqft
15 Sep 2019RentedRenewal
AED 280,000/yr12 months · AED 101 per sqft
15 Sep 2018RentedNew contract
AED 280,000/yr12 months · AED 101 per sqft
26 Nov 2017Sold by developerReady
AED 2,762,990AED 999 per sqft

Source: Dubai Land Department. Updated 31 October 2023.

Key facts

Type
3-bed apartment
Size
2,763 sqft
Floor
2nd of 16
Parking
B2-483,B2-484
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 6.2M · October 2023
Building
Five Palm Jumeirah

About 40205, Five Palm Jumeirah

40205 is a three-bedroom apartment of 2,763 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. It last sold on 31 October 2023 for AED 6,200,000, or AED 2,243 per sqft, in line with the AED 2,203 three-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, renewed on 15 September 2019, is AED 280,000 a year: a gross yield of 4.5% on the 2023 price.

Sales and rents for 40205 over time

Sales
Unit 40205, each saleTypical three-bed in Five Palm Jumeirah
10M2013201720212025Typical sale price by year: 2013 AED 5,467,284; 2014 AED 5,190,753; 2015 AED 5,300,000; 2017 AED 5,368,630; 2018 AED 4,750,000; 2021 AED 14,400,000; 2022 AED 6,000,000; 2023 AED 6,200,000; 2024 AED 5,470,000; 2025 AED 6,000,000Sold by developer, November 2017: AED 2,762,990 (AED 999 per sqft)Sold, October 2023: AED 6,200,000 (AED 2,243 per sqft)

40205 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 40205, each contractTypical three-bed in Five Palm Jumeirah
200K400K600K2017202020232026Typical rent by year: 2017 AED 310,000; 2018 AED 330,000; 2019 AED 292,500; 2020 AED 250,000; 2021 AED 261,953; 2022 AED 335,000; 2024 AED 580,000; 2025 AED 550,000New contract, September 2018: AED 280,000 a yearRenewal, September 2019: AED 280,000 a year

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

3-beds in Five Palm Jumeirah, and where 40205 sits

All 39 3-beds →

40205 last sold in October 2023 at AED 2,243 per sqft, in line with what three-beds in Five Palm Jumeirah were fetching at the time (AED 2,203). Over the last 12 months three-beds sold for AED 6,000,000 to 18,000,000, around AED 2,667 per sqft, and rent for AED 345,000 to 380,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
26 Sep 20266,200,000
4 May 202618,000,000
10 Nov 20256,000,000
12 Jun 20255,800,000
3 3-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

40205, Five Palm Jumeirah in numbers

  • Sold twice: first on 26 November 2017 for AED 2,762,990, last on 31 October 2023 for AED 6,200,000 (AED 2,243 per sqft).
  • Rented since September 2018 on 2 Ejari contracts, at AED 280,000 a year.
  • At AED 280,000 a year the gross yield on the 2023 price is 4.5%.
  • Three-beds in Five Palm Jumeirah sold for AED 6,000,000–18,000,000 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 31 October 2023.

Questions about 40205, Five Palm Jumeirah

What did unit 40205 last sell for?

AED 6,200,000 on 31 October 2023: AED 2,243 per sqft for 2,763 sqft. The unit has 2 registered sales; the first was AED 2,762,990 in November 2017.

What is the rent for unit 40205?

AED 280,000 a year on the contract renewed on 15 September 2019. The previous contract, from September 2018, was AED 280,000.

How big is unit 40205?

2,763 sqft (256.7 sqm): a three-bedroom apartment on the 2nd floor of a 16-storey tower completed in 2016.

What is unit 40205 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Five Palm Jumeirah sold for AED 6,000,000 to 18,000,000 in the last 12 months, around AED 2,667 per sqft.

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Mortgage on 40205, Five Palm Jumeirah

Starts from the last sale price (AED 6.2M, 31 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 6,200,000
Deposit, UAE resident (20%)
AED 1,240,000
Deposit, non-resident (40%)
AED 2,480,000
Monthly over 25 years at 3.7%
AED 25,366

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