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2-bed · 1,440 sqftFive Palm Jumeirah, Palm Jumeirah · 7th floor · completed 2016

40703, Five Palm Jumeirah

Sold prices and rental history: sold twice, last in January 2017, and rented once, from April 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 40703 · DLD and Ejari recordsUpdated 27 April 2026
Last soldAED 3.46M19 January 2017
Current rentAED 462K /yr27 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 40703, Five Palm Jumeirah

What is 40703 worth today?

Last sold for AED 3,458,184 in 2017

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27 Apr 2026RentedNew contract
AED 462,000/yr12 months · AED 321 per sqft
19 Jan 2017SoldOff-plan
AED 3,458,184AED 2,402 per sqft
17 Jul 2013Sold by developerOff-plan
AED 3,565,138AED 2,476 per sqft

Source: Dubai Land Department. Updated 27 April 2026.

Key facts

Type
2-bed apartment
Size
1,440 sqft
Floor
7th of 16
Parking
B2-395
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 3.46M · January 2017
Building
Five Palm Jumeirah

About 40703, Five Palm Jumeirah

40703 is a two-bedroom apartment of 1,440 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 19 January 2017 for AED 3,458,184, or AED 2,402 per sqft, 7% below the AED 2,570 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 27 April 2026. The current contract, signed on 27 April 2026, is AED 462,000 a year: a gross yield of 13.4% on the 2017 price.

Sales and rents for 40703 over time

Sales
Unit 40703, 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 3,565,138 (AED 2,476 per sqft)Sold, January 2017: AED 3,458,184 (AED 2,402 per sqft)

40703 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 40703, each contractTypical two-bed in Five Palm Jumeirah
200K400K2017202020232026Typical 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, April 2026: AED 462,000 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 40703 sits

All 130 2-beds →

40703 last sold in January 2017 at AED 2,402 per sqft, 7% below what two-beds in Five Palm Jumeirah were fetching at the time (AED 2,570). 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. 40703's AED 462,000 is in the upper half 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 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

40703, Five Palm Jumeirah in numbers

  • Sold twice: first on 17 July 2013 for AED 3,565,138, last on 19 January 2017 for AED 3,458,184 (AED 2,402 per sqft).
  • Rented since April 2026 on one Ejari contract, at AED 462,000 a year.
  • At AED 462,000 a year the gross yield on the 2017 price is 13.4%.
  • 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 40703, Five Palm Jumeirah

What did unit 40703 last sell for?

AED 3,458,184 on 19 January 2017: AED 2,402 per sqft for 1,440 sqft. The unit has 2 registered sales; the first was AED 3,565,138 in July 2013.

What is the rent for unit 40703?

AED 462,000 a year on the contract signed on 27 April 2026.

How big is unit 40703?

1,440 sqft (133.8 sqm): a two-bedroom apartment on the 7th floor of a 16-storey tower completed in 2016.

What is unit 40703 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 40703, Five Palm Jumeirah

Starts from the last sale price (AED 3.46M, 19 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 3,458,184
Deposit, UAE resident (20%)
AED 691,637
Deposit, non-resident (40%)
AED 1,383,274
Monthly over 25 years at 3.7%
AED 14,149

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