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2-bed · 2,076 sqftFive Palm Jumeirah, Palm Jumeirah · 5th floor · completed 2016

40503, Five Palm Jumeirah

Sold prices and rental history: sold twice, last in February 2018, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 40503 · DLD and Ejari recordsUpdated 27 April 2026
Last soldAED 5M7 February 2018
Current rentAED 600K /yr27 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 40503, Five Palm Jumeirah

What is 40503 worth today?

Last sold for AED 5,000,000 in 2018

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27 Apr 2026RentedNew contract
AED 600,000/yr12 months · AED 289 per sqft
24 Feb 2020RentedRenewal
AED 300,000/yr12 months · AED 144 per sqft
24 Feb 2019RentedNew contract
AED 300,000/yr12 months · AED 144 per sqft
7 Feb 2018SoldReady
AED 5,000,000AED 2,409 per sqft
17 Jul 2013Sold by developerOff-plan
AED 4,994,266AED 2,406 per sqft

Source: Dubai Land Department. Updated 27 April 2026.

Key facts

Type
2-bed apartment
Size
2,076 sqft
Floor
5th of 16
Parking
B2-418
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 5M · February 2018
Building
Five Palm Jumeirah

About 40503, Five Palm Jumeirah

40503 is a two-bedroom apartment of 2,076 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 February 2018 for AED 5,000,000, or AED 2,409 per sqft, 6% above the AED 2,268 two-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 27 April 2026, is AED 600,000 a year: a gross yield of 12.0% on the 2018 price.

Sales and rents for 40503 over time

Sales
Unit 40503, 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 4,994,266 (AED 2,406 per sqft)Sold, February 2018: AED 5,000,000 (AED 2,409 per sqft)

40503 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 40503, each contractTypical two-bed in Five Palm Jumeirah
200K400K600K2017202020232026Typical 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, February 2019: AED 300,000 a yearRenewal, February 2020: AED 300,000 a yearNew contract, April 2026: AED 600,000 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 40503 sits

All 130 2-beds →

40503 last sold in February 2018 at AED 2,409 per sqft, 6% above what two-beds in Five Palm Jumeirah were fetching at the time (AED 2,268). 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. 40503's AED 600,000 is at the top 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

40503, Five Palm Jumeirah in numbers

  • Sold twice: first on 17 July 2013 for AED 4,994,266, last on 7 February 2018 for AED 5,000,000 (AED 2,409 per sqft).
  • Rented since February 2019 on 3 Ejari contracts, from AED 300,000 to AED 600,000 a year.
  • At AED 600,000 a year the gross yield on the 2018 price is 12.0%.
  • 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 27 April 2026.

Questions about 40503, Five Palm Jumeirah

What did unit 40503 last sell for?

AED 5,000,000 on 7 February 2018: AED 2,409 per sqft for 2,076 sqft. The unit has 2 registered sales; the first was AED 4,994,266 in July 2013.

What is the rent for unit 40503?

AED 600,000 a year on the contract signed on 27 April 2026. The previous contract, from February 2020, was AED 300,000; the unit has been rented since February 2019.

How big is unit 40503?

2,076 sqft (192.9 sqm): a two-bedroom apartment on the 5th floor of a 16-storey tower completed in 2016.

What is unit 40503 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 40503, Five Palm Jumeirah

Starts from the last sale price (AED 5M, 7 February 2018). 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 →