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2-bed · 1,841 sqftFive Palm Jumeirah, Palm Jumeirah · 5th floor · completed 2016

40502, Five Palm Jumeirah

Sold prices and rental history: sold 3 times, last in December 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 40502 · DLD and Ejari recordsUpdated 9 January 2026
Last soldAED 5M7 December 2022
Current rentAED 401K /yr9 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 40502, Five Palm Jumeirah

What is 40502 worth today?

Last sold for AED 5,000,000 in 2022

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9 Jan 2026RentedRenewal
AED 401,078/yr12 months · AED 218 per sqft
9 Jan 2025RentedNew contract
AED 400,000/yr12 months · AED 217 per sqft
9 Jan 2025RentedNew contract
AED 400,000/yr12 months · AED 217 per sqft
10 Jan 2024RentedNew contract
AED 400,000/yr12 months · AED 217 per sqft
25 Dec 2022RentedNew contract
AED 253,000/yr12 months · AED 137 per sqft
7 Dec 2022SoldReady
AED 5,000,000AED 2,715 per sqft
25 Dec 2021RentedRenewal
AED 230,000/yr12 months · AED 125 per sqft
25 Dec 2020RentedRenewal
AED 216,000/yr12 months · AED 117 per sqft

Source: Dubai Land Department. Updated 9 January 2026.

Key facts

Type
2-bed apartment
Size
1,841 sqft
Floor
5th of 16
Parking
B2-405
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 5M · December 2022
Building
Five Palm Jumeirah

About 40502, Five Palm Jumeirah

40502 is a two-bedroom apartment of 1,841 sqft on the 5th 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 7 December 2022 for AED 5,000,000, or AED 2,715 per sqft, 9% above the AED 2,498 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, renewed on 9 January 2026, is AED 401,078 a year: a gross yield of 8.0% on the 2022 price.

Sales and rents for 40502 over time

Sales
Unit 40502, 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, September 2013: AED 4,408,755 (AED 2,394 per sqft)Sold, February 2014: AED 4,871,674 (AED 2,645 per sqft)Sold, December 2022: AED 5,000,000 (AED 2,715 per sqft)

40502 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 40502, each contractTypical two-bed in Five Palm Jumeirah
200K300K400K2017202020232026Typical 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, December 2017: AED 255,000 a yearRenewal, December 2018: AED 240,000 a yearRenewal, December 2019: AED 218,000 a yearRenewal, December 2020: AED 216,000 a yearRenewal, December 2021: AED 230,000 a yearNew contract, December 2022: AED 253,000 a yearNew contract, January 2024: AED 400,000 a yearNew contract, January 2025: AED 400,000 a yearNew contract, January 2025: AED 400,000 a yearRenewal, January 2026: AED 401,078 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 40502 sits

All 130 2-beds →

40502 last sold in December 2022 at AED 2,715 per sqft, 9% above what two-beds in Five Palm Jumeirah were fetching at the time (AED 2,498). 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. 40502's AED 401,078 is in the upper 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 5th floor

All 699 units in Five Palm Jumeirah
Value
105011-bedAED 1.45M · Jul 2018
10502StudioAED 1.15M · Sep 2018
10503StudioAED 1.71M · Jul 2013
10504StudioAED 1.71M · Jul 2013
10505StudioAED 1.71M · Jul 2013
10506StudioAED 1.73M · Jul 2013
105071-bedAED 2.74M · Aug 2013
1–7 of 52

40502, Five Palm Jumeirah in numbers

  • Sold 3 times: first on 19 September 2013 for AED 4,408,755, last on 7 December 2022 for AED 5,000,000 (AED 2,715 per sqft).
  • Rented since December 2017 on 10 Ejari contracts. The rent fell from AED 255,000 to AED 216,000 in 2020 and recovered to AED 401,078 by January 2026.
  • At AED 401,078 a year the gross yield on the 2022 price is 8.0%.
  • 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 9 January 2026.

Questions about 40502, Five Palm Jumeirah

What did unit 40502 last sell for?

AED 5,000,000 on 7 December 2022: AED 2,715 per sqft for 1,841 sqft. The unit has 3 registered sales; the first was AED 4,408,755 in September 2013.

What is the rent for unit 40502?

AED 401,078 a year on the contract renewed on 9 January 2026. The previous contract, from January 2025, was AED 400,000; the unit has been rented since December 2017.

How big is unit 40502?

1,841 sqft (171.0 sqm): a two-bedroom apartment on the 5th floor of a 16-storey tower completed in 2016.

What is unit 40502 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 40502, Five Palm Jumeirah

Starts from the last sale price (AED 5M, 7 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 5,000,000
Deposit, UAE resident (20%)
AED 1,000,000
Deposit, non-resident (40%)
AED 2,000,000
Monthly over 25 years at 3.7%
AED 20,457

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