40504, Five Palm Jumeirah
Sold prices and rental history: sold 4 times, last in May 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 40504, Five Palm Jumeirah
What is 40504 worth today?
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Source: Dubai Land Department. Updated 3 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,945 sqft
- Floor
- 5th of 16
- Parking
- B2-404
- Developer
- SKAI Zaya Real Estate Development
- Completed
- 2016
- Last sold
- AED 5.4M · May 2024
- Building
- Five Palm Jumeirah
About 40504, Five Palm Jumeirah
40504 is a two-bedroom apartment of 1,945 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 3 May 2024 for AED 5,400,000, or AED 2,776 per sqft, 11% below the AED 3,103 two-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 1 February 2023, is AED 200,000 a year: a gross yield of 3.7% on the 2024 price.
Sales and rents for 40504 over time
40504 has sold 4 times; the dashed line is the two-bed median of each year in the building.
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 40504 sits
All 130 2-beds →40504 last sold in May 2024 at AED 2,776 per sqft, 11% below what two-beds in Five Palm Jumeirah were fetching at the time (AED 3,103). 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. 40504's AED 200,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Sep 202624 September 2026 | 1,646 sqft | 3,402,000 | 2,067 | ||
| 18 Feb 202618 February 2026 | 3,022 sqft | 7,700,000 | 2,548 | ||
| 6 Feb 20266 February 2026 | 1,946 sqft | 5,050,000 | 2,595 | ||
| 6 Jan 20266 January 2026 | 1,646 sqft | 5,600,000 | 3,402 |
Five Palm Jumeirah
Building699 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%
Other units on the 5th floor
All 699 units in Five Palm Jumeirah| ValueToday's value | |||||
|---|---|---|---|---|---|
| 10501 | 1-bed | 779 sqft | AED 1.45MAED 1,450,000 · Jul 2018July 2018 | ||
| 10502 | Studio | 491 sqft | AED 1.15MAED 1,150,000 · Sep 2018September 2018 | ||
| 10503 | Studio | 560 sqft | AED 1.71MAED 1,712,728 · Jul 2013July 2013 | ||
| 10504 | Studio | 560 sqft | AED 1.71MAED 1,712,728 · Jul 2013July 2013 | ||
| 10505 | Studio | 599 sqft | AED 1.71MAED 1,712,728 · Jul 2013July 2013 | ||
| 10506 | Studio | 612 sqft | AED 1.73MAED 1,731,950 · Jul 2013July 2013 | ||
| 10507 | 1-bed | 933 sqft | AED 2.74MAED 2,740,183 · Aug 2013August 2013 | ||
| 10508 | Studio | 612 sqft | AED 1.86MAED 1,857,413 · Feb 2015February 2015 | ||
| 10509 | Studio | 607 sqft | AED 1.73MAED 1,730,493 · Sep 2013September 2013 | ||
| 10510 | Studio | 614 sqft | AED 1.73MAED 1,730,493 · Sep 2013September 2013 | ||
| 10511 | Studio | 615 sqft | AED 1.79MAED 1,791,060 · Feb 2014February 2014 | ||
| 10512 | Studio | 614 sqft | AED 1.73MAED 1,730,493 · Jul 2013July 2013 | ||
| 10513 | 1-bed | 1,009 sqft | AED 2.86MAED 2,855,628 · Aug 2013August 2013 | ||
| 10514 | Studio | 637 sqft | AED 1.88MAED 1,880,110 · Feb 2014February 2014 | ||
| 10515 | Studio | 618 sqft | AED 1.76MAED 1,757,718 · Sep 2013September 2013 | ||
| 10516 | Studio | 635 sqft | AED 1.96MAED 1,962,720 · Sep 2013September 2013 | ||
| 10517 | Studio | 650 sqft | AED 1.79MAED 1,788,475 · May 2022May 2022 | 86,000 /yr | |
| 10518 | Studio | 622 sqft | AED 1.73MAED 1,730,493 · Sep 2013September 2013 | ||
| 10520 | Studio | 629 sqft | AED 1.7MAED 1,695,883 · Dec 2017December 2017 | ||
| 20501 | 1-bed | 779 sqft | AED 2.15MAED 2,150,000 · Jul 2024July 2024 | ||
| 20502 | Studio | 491 sqft | AED 1.4MAED 1,402,803 · Jul 2013July 2013 | ||
| 20503 | Studio | 560 sqft | AED 1.71MAED 1,712,728 · Jul 2013July 2013 | ||
| 20504 | Studio | 560 sqft | AED 1.71MAED 1,712,728 · Jul 2013July 2013 | ||
| 20505 | Studio | 599 sqft | AED 1.71MAED 1,712,728 · Jul 2013July 2013 | ||
| 20506 | Studio | 612 sqft | AED 2MAED 2,000,000 · Jan 2024January 2024 | ||
| 20507 | 1-bed | 933 sqft | AED 2.74MAED 2,740,183 · Aug 2013August 2013 | ||
| 20508 | Studio | 612 sqft | AED 1.15MAED 1,150,000 · Jan 2021January 2021 | ||
| 20509 | Studio | 607 sqft | AED 1.25MAED 1,250,000 · Jan 2020January 2020 | ||
| 20510 | Studio | 614 sqft | AED 1.69MAED 1,689,017 · Dec 2022December 2022 | 81,000 /yr | |
| 20511 | Studio | 615 sqft | AED 1.73MAED 1,730,493 · Jul 2013July 2013 | ||
| 20512 | Studio | 614 sqft | AED 1.69MAED 1,689,325 · Jan 2023January 2023 | 81,000 /yr | |
| 20513 | 1-bed | 1,009 sqft | AED 2.86MAED 2,855,628 · Aug 2013August 2013 | ||
| 20514 | Studio | 637 sqft | AED 1.8MAED 1,799,160 · Jul 2013July 2013 | ||
| 20515 | Studio | 618 sqft | AED 1.76MAED 1,757,718 · Jul 2013July 2013 | ||
| 20516 | Studio | 635 sqft | AED 1.8MAED 1,799,160 · Jul 2013July 2013 | ||
| 20517 | Studio | 650 sqft | AED 1.79MAED 1,788,476 · Nov 2022November 2022 | 86,000 /yr | |
| 20518 | Studio | 622 sqft | AED 1.73MAED 1,725,493 · Mar 2024March 2024 | ||
| 20520 | Studio | 629 sqft | AED 1.73MAED 1,730,493 · Jul 2013July 2013 | ||
| 30501 | 4-bed | 5,332 sqft | AED 15.3MAED 15,300,000 · Sep 2021September 2021 | 360,000 /yr | |
| 30502 | 2-bed | 1,841 sqft | AED 4.5MAED 4,504,598 · Jul 2013July 2013 | 355,000 /yr | |
| 30503 | 2-bed | 2,076 sqft | AED 5.1MAED 5,100,000 · Mar 2018March 2018 | ||
| 30504 | 3-bed | 2,768 sqft | AED 6.15MAED 6,150,000 · Jan 2025January 2025 | 550,000 /yr | |
| 30506 | 2-bed | 1,743 sqft | AED 4.41MAED 4,405,656 · Feb 2015February 2015 | 275,000 /yr | |
| 30507 | 2-bed | 1,646 sqft | AED 5.7MAED 5,700,000 · Oct 2022October 2022 | 200,000 /yr | |
| 30508 | 3-bed | 2,325 sqft | AED 5MAED 5,000,000 · Jun 2023June 2023 | 275,000 /yr | |
| 40501 | 4-bed | 5,331 sqft | AED 20MAED 20,000,000 · May 2025May 2025 | 500,000 /yr | |
| 40502 | 2-bed | 1,841 sqft | AED 5MAED 5,000,000 · Dec 2022December 2022 | 401,078 /yr | |
| 40503 | 2-bed | 2,076 sqft | AED 5MAED 5,000,000 · Feb 2018February 2018 | 600,000 /yr | |
| 40506 | 2-bed | 1,748 sqft | AED 4.15MAED 4,150,000 · May 2022May 2022 | 157,500 /yr | |
| 40507 | 2-bed | 1,646 sqft | AED 3.1MAED 3,100,000 · Feb 2018February 2018 | 210,000 /yr | |
| 40508 | 1-bed | 1,216 sqft | AED 2.7MAED 2,700,000 · May 2022May 2022 | 145,000 /yr | |
| 40509 | 2-bed | 2,230 sqft | AED 2.55MAED 2,550,000 · May 2021May 2021 | 155,000 /yr |
40504, Five Palm Jumeirah in numbers
- Sold 4 times: first on 7 July 2013 for AED 4,388,061, last on 3 May 2024 for AED 5,400,000 (AED 2,776 per sqft).
- Rented since February 2022 on 2 Ejari contracts, at AED 200,000 a year.
- At AED 200,000 a year the gross yield on the 2024 price is 3.7%.
- 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 3 May 2024.
Questions about 40504, Five Palm Jumeirah
What did unit 40504 last sell for?
AED 5,400,000 on 3 May 2024: AED 2,776 per sqft for 1,945 sqft. The unit has 4 registered sales; the first was AED 4,388,061 in July 2013.
What is the rent for unit 40504?
AED 200,000 a year on the contract renewed on 1 February 2023. The previous contract, from February 2022, was AED 200,000.
How big is unit 40504?
1,945 sqft (180.7 sqm): a two-bedroom apartment on the 5th floor of a 16-storey tower completed in 2016.
What is unit 40504 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 40504, Five Palm Jumeirah
Starts from the last sale price (AED 5.4M, 3 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 5,400,000
- Deposit, UAE resident (20%)
- AED 1,080,000
- Deposit, non-resident (40%)
- AED 2,160,000
- Monthly over 25 years at 3.7%
- AED 22,093
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →