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2-bed · 1,439 sqftFive Palm Jumeirah, Palm Jumeirah · 3rd floor · completed 2016

40304, Five Palm Jumeirah

Sold prices and rental history: sold once, by the developer in November 2013, and rented once, from August 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 40304 · DLD and Ejari recordsUpdated 1 August 2017
Last soldAED 3.41M13 November 2013
Current rentAED 192K /yr1 August 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 40304, Five Palm Jumeirah

What is 40304 worth today?

Last sold for AED 3,413,430 in 2013

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1 Aug 2017RentedNew contract
AED 192,300/yr12 months · AED 133 per sqft
13 Nov 2013Sold by developerOff-plan
AED 3,413,430AED 2,371 per sqft

Source: Dubai Land Department. Updated 1 August 2017.

Key facts

Type
2-bed apartment
Size
1,439 sqft
Floor
3rd of 16
Parking
B2-475
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 3.41M · November 2013
Building
Five Palm Jumeirah

About 40304, Five Palm Jumeirah

40304 is a two-bedroom apartment of 1,439 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. The developer sold it on 13 November 2013 for AED 3,413,430, or AED 2,371 per sqft, in line with the AED 2,330 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 August 2017. The current contract, signed on 1 August 2017, is AED 192,300 a year: a gross yield of 5.6% on the 2013 price.

Sales and rents for 40304 over time

Sales
Unit 40304, 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, November 2013: AED 3,413,430 (AED 2,371 per sqft)

40304 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 40304, 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, August 2017: AED 192,300 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 40304 sits

All 130 2-beds →

40304 last sold in November 2013 at AED 2,371 per sqft, in line with what two-beds in Five Palm Jumeirah were fetching at the time (AED 2,330). 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. 40304's AED 192,300 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 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

40304, Five Palm Jumeirah in numbers

  • Sold once: by SKAI Zaya Real Estate Development on 13 November 2013 for AED 3,413,430, or AED 2,371 per sqft.
  • Rented since August 2017 on one Ejari contract, at AED 192,300 a year.
  • At AED 192,300 a year the gross yield on the 2013 price is 5.6%.
  • 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 August 2017.

Questions about 40304, Five Palm Jumeirah

What did unit 40304 last sell for?

AED 3,413,430 on 13 November 2013, sold by the developer: AED 2,371 per sqft for 1,439 sqft. It is the only registered sale of the unit.

What is the rent for unit 40304?

AED 192,300 a year on the contract signed on 1 August 2017.

How big is unit 40304?

1,439 sqft (133.7 sqm): a two-bedroom apartment on the 3rd floor of a 16-storey tower completed in 2016.

What is unit 40304 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 40304, Five Palm Jumeirah

Starts from the last sale price (AED 3.41M, 13 November 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,413,430
Deposit, UAE resident (20%)
AED 682,686
Deposit, non-resident (40%)
AED 1,365,372
Monthly over 25 years at 3.7%
AED 13,965

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