4-bed · 4,100 sqftFive Palm Jumeirah, Palm Jumeirah · 3rd floor · completed 2016

40301, Five Palm Jumeirah

Sold prices and rental history: sold twice, last in March 2015, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 40301 · DLD and Ejari recordsUpdated 25 April 2021
Last soldAED 13.53M8 March 2015
Current rentAED 650K /yr25 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 40301, Five Palm Jumeirah

What is 40301 worth today?

Last sold for AED 13,532,889 in 2015

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25 Apr 2021RentedNew contract
AED 650,000/yr12 months · AED 158 per sqft
2 Oct 2018RentedNew contract
AED 600,000/yr12 months · AED 146 per sqft
8 Mar 2015SoldOff-plan
AED 13,532,889AED 3,300 per sqft
7 Jul 2013Sold by developerOff-plan
AED 11,666,284AED 2,845 per sqft

Source: Dubai Land Department. Updated 25 April 2021.

Key facts

Type
4-bed apartment
Size
4,100 sqft
Floor
3rd of 16
Parking
B2-480,B2-481,B2-482
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 13.53M · March 2015

About 40301, Five Palm Jumeirah

40301 is a four-bedroom apartment of 4,100 sqft on the 3rd 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 8 March 2015 for AED 13,532,889, or AED 3,300 per sqft, 9% above the AED 3,029 four-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 25 April 2021, is AED 650,000 a year: a gross yield of 4.8% on the 2015 price.

Sales and rents for 40301 over time

Sales
Unit 40301, each saleTypical four-bed in Five Palm Jumeirah
10M20M20132016201920222025Typical sale price by year: 2013 AED 12,989,326; 2014 AED 14,962,304; 2015 AED 13,532,889; 2016 AED 14,700,000; 2017 AED 12,715,867; 2018 AED 8,500,000; 2021 AED 14,150,000; 2024 AED 22,000,000Sold by developer, July 2013: AED 11,666,284 (AED 2,845 per sqft)Sold, March 2015: AED 13,532,889 (AED 3,300 per sqft)

40301 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 40301, each contractTypical four-bed in Five Palm Jumeirah
500K1M1.5M2017201920212023Typical rent by year: 2017 AED 680,000; 2018 AED 650,000; 2019 AED 650,000; 2020 AED 970,000; 2021 AED 700,000; 2022 AED 1,500,000New contract, October 2018: AED 600,000 a yearNew contract, April 2021: AED 650,000 a year

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

4-beds in Five Palm Jumeirah, and where 40301 sits

All 30 4-beds →

40301 last sold in March 2015 at AED 3,300 per sqft, 9% above what four-beds in Five Palm Jumeirah were fetching at the time (AED 3,029). Over the last 12 months four-beds sold for AED 13,250,000, around AED 3,232 per sqft, and rent for AED 1,400,000 to 1,400,000 a year.

Recent 4-bed salesUnit no.Price (AED)Summary
26 Feb 202613,250,000
6 May 202520,000,000
21 Jan 202522,500,000
14 Oct 202422,000,000
1 4-bed sale 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 3rd floor

All 699 units in Five Palm Jumeirah
Value
103011-bedAED 2.36M · Jul 2013
10302StudioAED 1.5M · Aug 2024
10303StudioAED 1.4M · Apr 2022
10304StudioAED 1.71M · Sep 2013
10305StudioAED 1.71M · Sep 2013
10306StudioAED 1.7M · Sep 2022
103071-bedAED 2.74M · Aug 2013
1–7 of 53

40301, Five Palm Jumeirah in numbers

  • Sold twice: first on 7 July 2013 for AED 11,666,284, last on 8 March 2015 for AED 13,532,889 (AED 3,300 per sqft).
  • Rented since October 2018 on 2 Ejari contracts, from AED 600,000 to AED 650,000 a year.
  • At AED 650,000 a year the gross yield on the 2015 price is 4.8%.
  • Four-beds in Five Palm Jumeirah sold for AED 13,250,000–13,250,000 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 25 April 2021.

Questions about 40301, Five Palm Jumeirah

What did unit 40301 last sell for?

AED 13,532,889 on 8 March 2015: AED 3,300 per sqft for 4,100 sqft. The unit has 2 registered sales; the first was AED 11,666,284 in July 2013.

What is the rent for unit 40301?

AED 650,000 a year on the contract signed on 25 April 2021. The previous contract, from October 2018, was AED 600,000.

How big is unit 40301?

4,100 sqft (380.9 sqm): a four-bedroom apartment on the 3rd floor of a 16-storey tower completed in 2016.

What is unit 40301 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Five Palm Jumeirah sold for AED 13,250,000 to 13,250,000 in the last 12 months, around AED 3,232 per sqft.

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Mortgage on 40301, Five Palm Jumeirah

Starts from the last sale price (AED 13.53M, 8 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 13,532,889
Deposit, UAE resident (20%)
AED 2,706,578
Deposit, non-resident (40%)
AED 5,413,156
Monthly over 25 years at 3.7%
AED 55,367

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