2-bed · 1,945 sqftFive Palm Jumeirah, Palm Jumeirah · 4th floor · completed 2016

40405, Five Palm Jumeirah

Sold prices and rental history: sold 3 times, last in April 2024, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 40405 · DLD and Ejari recordsUpdated 8 September 2026
Last soldAED 4.25M24 April 2024
Current rentAED 315K /yr8 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 40405, Five Palm Jumeirah

What is 40405 worth today?

Last sold for AED 4,250,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

8 Sep 2026RentedRenewal
AED 315,000/yr12 months · AED 162 per sqft
8 Sep 2025RentedNew contract
AED 350,000/yr12 months · AED 180 per sqft
24 Apr 2024SoldReady
AED 4,250,000AED 2,185 per sqft
5 Dec 2021SoldReady
AED 4,500,000AED 2,313 per sqft
16 Apr 2017RentedNew contract
AED 215,000/yr12 months · AED 110 per sqft
16 Jul 2013Sold by developerOff-plan
AED 4,336,437AED 2,229 per sqft

Source: Dubai Land Department. Updated 8 September 2026.

Key facts

Type
2-bed apartment
Size
1,945 sqft
Floor
4th of 16
Parking
B2-479
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 4.25M · April 2024

About 40405, Five Palm Jumeirah

40405 is a two-bedroom apartment of 1,945 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 24 April 2024 for AED 4,250,000, or AED 2,185 per sqft, 31% below the AED 3,156 two-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, renewed on 8 September 2026, is AED 315,000 a year: a gross yield of 7.4% on the 2024 price.

Sales and rents for 40405 over time

Sales
Unit 40405, 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, July 2013: AED 4,336,437 (AED 2,229 per sqft)Sold, December 2021: AED 4,500,000 (AED 2,313 per sqft)Sold, April 2024: AED 4,250,000 (AED 2,185 per sqft)

40405 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 40405, 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, April 2017: AED 215,000 a yearNew contract, September 2025: AED 350,000 a yearRenewal, September 2026: AED 315,000 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 40405 sits

All 130 2-beds →

40405 last sold in April 2024 at AED 2,185 per sqft, 31% below what two-beds in Five Palm Jumeirah were fetching at the time (AED 3,156). 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. 40405's AED 315,000 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 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

40405, Five Palm Jumeirah in numbers

  • Sold 3 times: first on 16 July 2013 for AED 4,336,437, last on 24 April 2024 for AED 4,250,000 (AED 2,185 per sqft).
  • Rented since April 2017 on 3 Ejari contracts, from AED 215,000 to AED 315,000 a year.
  • At AED 315,000 a year the gross yield on the 2024 price is 7.4%.
  • 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 8 September 2026.

Questions about 40405, Five Palm Jumeirah

What did unit 40405 last sell for?

AED 4,250,000 on 24 April 2024: AED 2,185 per sqft for 1,945 sqft. The unit has 3 registered sales; the first was AED 4,336,437 in July 2013.

What is the rent for unit 40405?

AED 315,000 a year on the contract renewed on 8 September 2026. The previous contract, from September 2025, was AED 350,000; the unit has been rented since April 2017.

How big is unit 40405?

1,945 sqft (180.7 sqm): a two-bedroom apartment on the 4th floor of a 16-storey tower completed in 2016.

What is unit 40405 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.

Selling 40405? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 40405, Five Palm Jumeirah

Starts from the last sale price (AED 4.25M, 24 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,250,000
Deposit, UAE resident (20%)
AED 850,000
Deposit, non-resident (40%)
AED 1,700,000
Monthly over 25 years at 3.7%
AED 17,388

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