1-bed · 1,223 sqftFive Palm Jumeirah, Palm Jumeirah · 4th floor · completed 2016

40403, Five Palm Jumeirah

Sold prices and rental history: sold 4 times, last in October 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 40403 · DLD and Ejari recordsUpdated 6 October 2021
Last soldAED 2.8M6 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 40403, Five Palm Jumeirah

What is 40403 worth today?

Last sold for AED 2,800,000 in 2021

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6 Oct 2021SoldReady
AED 2,800,000AED 2,289 per sqft
9 Mar 2017SoldOff-plan
AED 3,000,000AED 2,452 per sqft
29 Apr 2014SoldOff-plan
AED 3,475,952AED 2,842 per sqft
5 Oct 2013Sold by developerOff-plan
AED 3,159,956AED 2,583 per sqft

Source: Dubai Land Department. Updated 6 October 2021.

Key facts

Type
1-bed apartment
Size
1,223 sqft
Floor
4th of 16
Parking
B2-408
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 2.8M · October 2021

About 40403, Five Palm Jumeirah

40403 is a one-bedroom apartment of 1,223 sqft on the 4th 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 6 October 2021 for AED 2,800,000, or AED 2,289 per sqft, 16% above the AED 1,972 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 40403 over time

Sales
Unit 40403, each saleTypical one-bed in Five Palm Jumeirah
2M4M2013201720212025Typical sale price by year: 2013 AED 2,825,258; 2014 AED 2,774,705; 2015 AED 4,729,477; 2016 AED 3,206,664; 2017 AED 2,807,500; 2018 AED 2,400,000; 2019 AED 2,606,653; 2020 AED 2,000,000; 2021 AED 2,400,000; 2022 AED 3,050,000; 2023 AED 3,100,000; 2024 AED 2,914,456; 2025 AED 3,600,000Sold by developer, October 2013: AED 3,159,956 (AED 2,583 per sqft)Sold, April 2014: AED 3,475,952 (AED 2,842 per sqft)Sold, March 2017: AED 3,000,000 (AED 2,452 per sqft)Sold, October 2021: AED 2,800,000 (AED 2,289 per sqft)

40403 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 40403, each contractTypical one-bed in Five Palm Jumeirah
200K400K2017202020232026Typical rent by year: 2017 AED 170,000; 2018 AED 160,000; 2019 AED 160,000; 2020 AED 140,000; 2021 AED 150,000; 2022 AED 162,500; 2023 AED 250,000; 2024 AED 363,750; 2025 AED 230,000; 2026 AED 210,000

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

1-beds in Five Palm Jumeirah, and where 40403 sits

All 141 1-beds →

40403 last sold in October 2021 at AED 2,289 per sqft, 16% above what one-beds in Five Palm Jumeirah were fetching at the time (AED 1,972). Over the last 12 months one-beds sold for AED 3,100,000 to 3,600,000, around AED 2,756 per sqft, and rent for AED 170,000 to 260,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Oct 20263,600,000
17 Apr 20263,100,000
24 Oct 20253,700,000
24 Jun 20254,000,000
2 1-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 4th floor

All 699 units in Five Palm Jumeirah
Value
104011-bedAED 2.36M · Oct 2023
10402StudioAED 1.62M · Mar 2023
10403StudioAED 990K · Nov 2020
10404StudioAED 1.75M · May 2014
10405StudioAED 1.25M · Jul 2023
10406StudioAED 1.73M · Jul 2013
104071-bedAED 2.74M · Aug 2013
1–7 of 54

40403, Five Palm Jumeirah in numbers

  • Sold 4 times: first on 5 October 2013 for AED 3,159,956, last on 6 October 2021 for AED 2,800,000 (AED 2,289 per sqft).
  • One-beds in Five Palm Jumeirah sold for AED 3,100,000–3,600,000 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 October 2021.

Questions about 40403, Five Palm Jumeirah

What did unit 40403 last sell for?

AED 2,800,000 on 6 October 2021: AED 2,289 per sqft for 1,223 sqft. The unit has 4 registered sales; the first was AED 3,159,956 in October 2013.

How big is unit 40403?

1,223 sqft (113.6 sqm): a one-bedroom apartment on the 4th floor of a 16-storey tower completed in 2016.

What is unit 40403 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Five Palm Jumeirah sold for AED 3,100,000 to 3,600,000 in the last 12 months, around AED 2,756 per sqft.

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Mortgage on 40403, Five Palm Jumeirah

Starts from the last sale price (AED 2.8M, 6 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

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