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1-bed · 1,223 sqftFive Palm Jumeirah, Palm Jumeirah · 7th floor · completed 2016

40702, Five Palm Jumeirah

Sold prices and rental history: sold 3 times, last in April 2021, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 40702 · DLD and Ejari recordsUpdated 21 April 2026
Last soldAED 2.3M12 April 2021
Current rentAED 260K /yr21 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 40702, Five Palm Jumeirah

What is 40702 worth today?

Last sold for AED 2,300,000 in 2021

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21 Apr 2026RentedNew contract
AED 260,000/yr12 months · AED 212 per sqft
22 Sep 2024RentedNew contract
AED 367,500/yr8 months · AED 299 per sqft
20 Feb 2023RentedNew contract
AED 260,000/yr12 months · AED 212 per sqft
12 Apr 2021SoldReady
AED 2,300,000AED 1,880 per sqft
20 Oct 2020RentedNew contract
AED 130,000/yr12 months · AED 106 per sqft
1 Aug 2019RentedNew contract
AED 165,000/yr12 months · AED 134 per sqft
1 Oct 2018RentedNew contract
AED 180,000/yr12 months · AED 147 per sqft
26 Jan 2016SoldOff-plan
AED 3,264,131AED 2,668 per sqft

Source: Dubai Land Department. Updated 21 April 2026.

Key facts

Type
1-bed apartment
Size
1,223 sqft
Floor
7th of 16
Parking
B2-394
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 2.3M · April 2021
Building
Five Palm Jumeirah

About 40702, Five Palm Jumeirah

40702 is a one-bedroom apartment of 1,223 sqft on the 7th 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 12 April 2021 for AED 2,300,000, or AED 1,880 per sqft, in line with the AED 1,880 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 21 April 2026, is AED 260,000 a year: a gross yield of 11.3% on the 2021 price.

Sales and rents for 40702 over time

Sales
Unit 40702, each saleTypical one-bed in Five Palm Jumeirah
2M4M2013201720212025Typical sale price by year: 2013 AED 2,825,258; 2014 AED 2,774,705; 2015 AED 4,729,477; 2016 AED 3,206,664; 2017 AED 2,807,500; 2018 AED 2,400,000; 2019 AED 2,606,653; 2020 AED 2,000,000; 2021 AED 2,400,000; 2022 AED 3,050,000; 2023 AED 3,100,000; 2024 AED 2,914,456; 2025 AED 3,600,000Sold by developer, July 2013: AED 3,264,131 (AED 2,668 per sqft)Sold, January 2016: AED 3,264,131 (AED 2,668 per sqft)Sold, April 2021: AED 2,300,000 (AED 1,880 per sqft)

40702 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 40702, each contractTypical one-bed in Five Palm Jumeirah
200K400K2017202020232026Typical rent by year: 2017 AED 170,000; 2018 AED 160,000; 2019 AED 160,000; 2020 AED 140,000; 2021 AED 150,000; 2022 AED 162,500; 2023 AED 250,000; 2024 AED 363,750; 2025 AED 230,000; 2026 AED 210,000New contract, October 2018: AED 180,000 a yearNew contract, August 2019: AED 165,000 a yearNew contract, October 2020: AED 130,000 a yearNew contract, February 2023: AED 260,000 a yearNew contract, September 2024: AED 367,500 a yearNew contract, April 2026: AED 260,000 a year

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

1-beds in Five Palm Jumeirah, and where 40702 sits

All 141 1-beds →

40702 last sold in April 2021 at AED 1,880 per sqft, in line with what one-beds in Five Palm Jumeirah were fetching at the time (AED 1,880). Over the last 12 months one-beds sold for AED 3,100,000 to 3,600,000, around AED 2,756 per sqft, and rent for AED 170,000 to 260,000 a year. 40702's AED 260,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Oct 20263,600,000
17 Apr 20263,100,000
24 Oct 20253,700,000
24 Jun 20254,000,000
2 1-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 7th floor

All 699 units in Five Palm Jumeirah
Value
107011-bedAED 2.36M · Mar 2016
10702StudioAED 1.13M · Nov 2020
10703StudioAED 1.71M · Jul 2013
10704StudioAED 2M · Jun 2017
10705StudioAED 1.77M · Nov 2013
10706StudioAED 1.73M · Oct 2013
107071-bedAED 2.74M · Aug 2013
1–7 of 52

40702, Five Palm Jumeirah in numbers

  • Sold 3 times: first on 16 July 2013 for AED 3,264,131, last on 12 April 2021 for AED 2,300,000 (AED 1,880 per sqft).
  • Rented since October 2018 on 6 Ejari contracts. The rent fell from AED 180,000 to AED 130,000 in 2020 and recovered to AED 260,000 by April 2026.
  • At AED 260,000 a year the gross yield on the 2021 price is 11.3%.
  • One-beds in Five Palm Jumeirah sold for AED 3,100,000–3,600,000 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 21 April 2026.

Questions about 40702, Five Palm Jumeirah

What did unit 40702 last sell for?

AED 2,300,000 on 12 April 2021: AED 1,880 per sqft for 1,223 sqft. The unit has 3 registered sales; the first was AED 3,264,131 in July 2013.

What is the rent for unit 40702?

AED 260,000 a year on the contract signed on 21 April 2026. The previous contract, from September 2024, was AED 367,500; the unit has been rented since October 2018.

How big is unit 40702?

1,223 sqft (113.6 sqm): a one-bedroom apartment on the 7th floor of a 16-storey tower completed in 2016.

What is unit 40702 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Five Palm Jumeirah sold for AED 3,100,000 to 3,600,000 in the last 12 months, around AED 2,756 per sqft.

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Mortgage on 40702, Five Palm Jumeirah

Starts from the last sale price (AED 2.3M, 12 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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