3-bed · 2,325 sqftFive Palm Jumeirah, Palm Jumeirah · 3rd floor · completed 2016

40308, Five Palm Jumeirah

Sold prices and rental history: sold twice, last in September 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 40308 · DLD and Ejari recordsUpdated 12 September 2026
Last soldAED 4.95M12 September 2023
Current rentAED 345K /yr12 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 40308, Five Palm Jumeirah

What is 40308 worth today?

Last sold for AED 4,950,000 in 2023

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12 Sep 2026RentedNew contract
AED 345,000/yr12 months · AED 148 per sqft
26 Jun 2025RentedNew contract
AED 550,000/yr12 months · AED 237 per sqft
26 Jun 2025RentedNew contract
AED 550,000/yr12 months · AED 237 per sqft
12 Sep 2023SoldReady
AED 4,950,000AED 2,129 per sqft
20 Jun 2013Sold by developerOff-plan
AED 5,030,844AED 2,164 per sqft

Source: Dubai Land Department. Updated 12 September 2026.

Key facts

Type
3-bed apartment
Size
2,325 sqft
Floor
3rd of 16
Parking
B2-443,B2-444
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 4.95M · September 2023

About 40308, Five Palm Jumeirah

40308 is a three-bedroom apartment of 2,325 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 12 September 2023 for AED 4,950,000, or AED 2,129 per sqft, in line with the AED 2,158 three-beds in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 12 September 2026, is AED 345,000 a year: a gross yield of 7.0% on the 2023 price.

Sales and rents for 40308 over time

Sales
Unit 40308, each saleTypical three-bed in Five Palm Jumeirah
5M10M15M2013201720212025Typical 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, June 2013: AED 5,030,844 (AED 2,164 per sqft)Sold, September 2023: AED 4,950,000 (AED 2,129 per sqft)

40308 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 40308, 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, June 2025: AED 550,000 a yearNew contract, June 2025: AED 550,000 a yearNew contract, September 2026: AED 345,000 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 40308 sits

All 39 3-beds →

40308 last sold in September 2023 at AED 2,129 per sqft, in line with what three-beds in Five Palm Jumeirah were fetching at the time (AED 2,158). 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 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

40308, Five Palm Jumeirah in numbers

  • Sold twice: first on 20 June 2013 for AED 5,030,844, last on 12 September 2023 for AED 4,950,000 (AED 2,129 per sqft).
  • Rented since June 2025 on 3 Ejari contracts, from AED 550,000 to AED 345,000 a year.
  • At AED 345,000 a year the gross yield on the 2023 price is 7.0%.
  • 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 12 September 2026.

Questions about 40308, Five Palm Jumeirah

What did unit 40308 last sell for?

AED 4,950,000 on 12 September 2023: AED 2,129 per sqft for 2,325 sqft. The unit has 2 registered sales; the first was AED 5,030,844 in June 2013.

What is the rent for unit 40308?

AED 345,000 a year on the contract signed on 12 September 2026. The previous contract, from June 2025, was AED 550,000; the unit has been rented since June 2025.

How big is unit 40308?

2,325 sqft (216.0 sqm): a three-bedroom apartment on the 3rd floor of a 16-storey tower completed in 2016.

What is unit 40308 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 40308, Five Palm Jumeirah

Starts from the last sale price (AED 4.95M, 12 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,950,000
Deposit, UAE resident (20%)
AED 990,000
Deposit, non-resident (40%)
AED 1,980,000
Monthly over 25 years at 3.7%
AED 20,252

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