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2-bed · 1,646 sqftFive Palm Jumeirah, Palm Jumeirah · 4th floor · completed 2016

40407, Five Palm Jumeirah

Sold prices and rental history: sold 4 times, last in June 2025, and rented once, from July 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 40407 · DLD and Ejari recordsUpdated 2 June 2025
Last soldAED 6.1M2 June 2025
Current rentAED 150K /yr20 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 40407, Five Palm Jumeirah

What is 40407 worth today?

Last sold for AED 6,100,000 in 2025

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2 Jun 2025SoldReady
AED 6,100,000AED 3,706 per sqft
5 Oct 2022SoldReady
AED 5,400,000AED 3,281 per sqft
20 Jul 2020RentedNew contract
AED 150,000/yr12 months · AED 91 per sqft
18 May 2017Sold by developerReady
AED 3,791,982AED 2,304 per sqft
18 May 2017SoldReady
AED 4,400,000AED 2,673 per sqft

Source: Dubai Land Department. Updated 2 June 2025.

Key facts

Type
2-bed apartment
Size
1,646 sqft
Floor
4th of 16
Parking
B2-403
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 6.1M · June 2025
Building
Five Palm Jumeirah

About 40407, Five Palm Jumeirah

40407 is a two-bedroom apartment of 1,646 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 2 June 2025 for AED 6,100,000, or AED 3,706 per sqft, 8% above the AED 3,445 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 July 2020. The current contract, signed on 20 July 2020, is AED 150,000 a year: a gross yield of 2.5% on the 2025 price.

Sales and rents for 40407 over time

Sales
Unit 40407, 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, May 2017: AED 3,791,982 (AED 2,304 per sqft)Sold, May 2017: AED 4,400,000 (AED 2,673 per sqft)Sold, October 2022: AED 5,400,000 (AED 3,281 per sqft)Sold, June 2025: AED 6,100,000 (AED 3,706 per sqft)

40407 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 40407, 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, July 2020: AED 150,000 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 40407 sits

All 130 2-beds →

40407 last sold in June 2025 at AED 3,706 per sqft, 8% above what two-beds in Five Palm Jumeirah were fetching at the time (AED 3,445). 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. 40407's AED 150,000 is at the bottom 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

40407, Five Palm Jumeirah in numbers

  • Sold 4 times: first on 18 May 2017 for AED 4,400,000, last on 2 June 2025 for AED 6,100,000 (AED 3,706 per sqft).
  • Rented since July 2020 on one Ejari contract, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2025 price is 2.5%.
  • 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 2 June 2025.

Questions about 40407, Five Palm Jumeirah

What did unit 40407 last sell for?

AED 6,100,000 on 2 June 2025: AED 3,706 per sqft for 1,646 sqft. The unit has 4 registered sales; the first was AED 4,400,000 in May 2017.

What is the rent for unit 40407?

AED 150,000 a year on the contract signed on 20 July 2020.

How big is unit 40407?

1,646 sqft (152.9 sqm): a two-bedroom apartment on the 4th floor of a 16-storey tower completed in 2016.

What is unit 40407 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 40407, Five Palm Jumeirah

Starts from the last sale price (AED 6.1M, 2 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 6,100,000
Deposit, UAE resident (20%)
AED 1,220,000
Deposit, non-resident (40%)
AED 2,440,000
Monthly over 25 years at 3.7%
AED 24,957

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