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2-bed · 2,231 sqftFive Palm Jumeirah, Palm Jumeirah · 6th floor · completed 2016

40609, Five Palm Jumeirah

Sold prices and rental history: sold 4 times, last in April 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 40609 · DLD and Ejari recordsUpdated 1 April 2022
Last soldAED 4.5M1 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 40609, Five Palm Jumeirah

What is 40609 worth today?

Last sold for AED 4,500,000 in 2022

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1 Apr 2022SoldReady
AED 4,500,000AED 2,016 per sqft
29 Dec 2020SoldReady
AED 2,450,000AED 1,098 per sqft
19 Nov 2020SoldReady
AED 2,000,000AED 896 per sqft
19 Jun 2013Sold by developerOff-plan
AED 4,447,615AED 1,993 per sqft

Source: Dubai Land Department. Updated 1 April 2022.

Key facts

Type
2-bed apartment
Size
2,231 sqft
Floor
6th of 16
Parking
B2-423
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 4.5M · April 2022
Building
Five Palm Jumeirah

About 40609, Five Palm Jumeirah

40609 is a two-bedroom apartment of 2,231 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 1 April 2022 for AED 4,500,000, or AED 2,016 per sqft, 9% below the AED 2,225 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 40609 over time

Sales
Unit 40609, each saleTypical two-bed in Five Palm Jumeirah
2M4M6M2013201720212025Typical 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, June 2013: AED 4,447,615 (AED 1,993 per sqft)Sold, November 2020: AED 2,000,000 (AED 896 per sqft)Sold, December 2020: AED 2,450,000 (AED 1,098 per sqft)Sold, April 2022: AED 4,500,000 (AED 2,016 per sqft)

40609 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 40609, 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 320,000

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 40609 sits

All 130 2-beds →

40609 last sold in April 2022 at AED 2,016 per sqft, 9% below what two-beds in Five Palm Jumeirah were fetching at the time (AED 2,225). 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.

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 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

40609, Five Palm Jumeirah in numbers

  • Sold 4 times: first on 19 June 2013 for AED 4,447,615, last on 1 April 2022 for AED 4,500,000 (AED 2,016 per sqft).
  • 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 1 April 2022.

Questions about 40609, Five Palm Jumeirah

What did unit 40609 last sell for?

AED 4,500,000 on 1 April 2022: AED 2,016 per sqft for 2,231 sqft. The unit has 4 registered sales; the first was AED 4,447,615 in June 2013.

How big is unit 40609?

2,231 sqft (207.3 sqm): a two-bedroom apartment on the 6th floor of a 16-storey tower completed in 2016.

What is unit 40609 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 40609, Five Palm Jumeirah

Starts from the last sale price (AED 4.5M, 1 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,500,000
Deposit, UAE resident (20%)
AED 900,000
Deposit, non-resident (40%)
AED 1,800,000
Monthly over 25 years at 3.7%
AED 18,411

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