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4-bed · 5,327 sqftFive Palm Jumeirah, Palm Jumeirah · 6th floor · completed 2016

40601, Five Palm Jumeirah

Sold prices and rental history: sold twice, last in June 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 40601 · DLD and Ejari recordsUpdated 11 June 2017
Last soldAED 15.5M11 June 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 40601, Five Palm Jumeirah

What is 40601 worth today?

Last sold for AED 15,500,000 in 2017

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11 Jun 2017SoldReady
AED 15,500,000AED 2,909 per sqft
1 Jun 2017Sold by developerReady
AED 12,715,867AED 2,387 per sqft

Source: Dubai Land Department. Updated 11 June 2017.

Key facts

Type
4-bed apartment
Size
5,327 sqft
Floor
6th of 16
Parking
B2-460,B2-461,B2-462
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 15.5M · June 2017
Building
Five Palm Jumeirah

About 40601, Five Palm Jumeirah

40601 is a four-bedroom apartment of 5,327 sqft on the 6th 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 11 June 2017 for AED 15,500,000, or AED 2,909 per sqft, 12% above the AED 2,599 four-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 40601 over time

Sales
Unit 40601, each saleTypical four-bed in Five Palm Jumeirah
10M20M20132016201920222025Typical sale price by year: 2013 AED 12,989,326; 2014 AED 14,962,304; 2015 AED 13,532,889; 2016 AED 14,700,000; 2017 AED 12,715,867; 2018 AED 8,500,000; 2021 AED 14,150,000; 2024 AED 22,000,000Sold, June 2017: AED 15,500,000 (AED 2,909 per sqft)Sold by developer, June 2017: AED 12,715,867 (AED 2,387 per sqft)

40601 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 40601, each contractTypical four-bed in Five Palm Jumeirah
500K1M1.5M2017201920212023Typical rent by year: 2017 AED 680,000; 2018 AED 650,000; 2019 AED 650,000; 2020 AED 970,000; 2021 AED 700,000; 2022 AED 1,500,000

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.

4-beds in Five Palm Jumeirah, and where 40601 sits

All 30 4-beds →

40601 last sold in June 2017 at AED 2,909 per sqft, 12% above what four-beds in Five Palm Jumeirah were fetching at the time (AED 2,599). Over the last 12 months four-beds sold for AED 13,250,000, around AED 3,232 per sqft, and rent for AED 1,400,000 to 1,400,000 a year.

Recent 4-bed salesUnit no.Price (AED)Summary
26 Feb 202613,250,000
6 May 202520,000,000
21 Jan 202522,500,000
14 Oct 202422,000,000
1 4-bed sale 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 6th floor

All 699 units in Five Palm Jumeirah
Value
106011-bedAED 2.36M · Jul 2013
10602StudioAED 1.47M · Jan 2022
10603StudioAED 1.71M · Jul 2013
10604StudioAED 1.71M · May 2014
10605StudioAED 1.71M · Jul 2013
10606StudioAED 1.73M · Oct 2013
106071-bedAED 2.74M · Aug 2013
1–7 of 52

40601, Five Palm Jumeirah in numbers

  • Sold twice: first on 1 June 2017 for AED 12,715,867, last on 11 June 2017 for AED 15,500,000 (AED 2,909 per sqft).
  • Four-beds in Five Palm Jumeirah sold for AED 13,250,000–13,250,000 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 11 June 2017.

Questions about 40601, Five Palm Jumeirah

What did unit 40601 last sell for?

AED 15,500,000 on 11 June 2017: AED 2,909 per sqft for 5,327 sqft. The unit has 2 registered sales; the first was AED 12,715,867 in June 2017.

How big is unit 40601?

5,327 sqft (494.9 sqm): a four-bedroom apartment on the 6th floor of a 16-storey tower completed in 2016.

What is unit 40601 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Five Palm Jumeirah sold for AED 13,250,000 to 13,250,000 in the last 12 months, around AED 3,232 per sqft.

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Mortgage on 40601, Five Palm Jumeirah

Starts from the last sale price (AED 15.5M, 11 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 15,500,000
Deposit, UAE resident (20%)
AED 3,100,000
Deposit, non-resident (40%)
AED 6,200,000
Monthly over 25 years at 3.7%
AED 63,415

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