40706, Five Palm Jumeirah
Sold prices and rental history: sold 4 times, last in March 2025, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 40706, Five Palm Jumeirah
What is 40706 worth today?
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Source: Dubai Land Department. Updated 25 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,745 sqft
- Floor
- 7th of 16
- Parking
- B2-399
- Developer
- SKAI Zaya Real Estate Development
- Completed
- 2016
- Last sold
- AED 5.1M · March 2025
- Building
- Five Palm Jumeirah
About 40706, Five Palm Jumeirah
40706 is a two-bedroom apartment of 1,745 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 25 March 2025 for AED 5,100,000, or AED 2,922 per sqft, 3% below the AED 3,027 two-beds in the building were fetching at the time.
It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 3 April 2022, is AED 300,000 a year: a gross yield of 5.9% on the 2025 price.
Sales and rents for 40706 over time
40706 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 40706 sits
All 130 2-beds →40706 last sold in March 2025 at AED 2,922 per sqft, 3% below what two-beds in Five Palm Jumeirah were fetching at the time (AED 3,027). 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. 40706's AED 300,000 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 7th floor
All 699 units in Five Palm Jumeirah| ValueToday's value | |||||
|---|---|---|---|---|---|
| 10701 | 1-bed | 779 sqft | AED 2.36MAED 2,359,800 · Mar 2016March 2016 | ||
| 10702 | Studio | 491 sqft | AED 1.13MAED 1,125,000 · Nov 2020November 2020 | ||
| 10703 | Studio | 560 sqft | AED 1.71MAED 1,712,728 · Jul 2013July 2013 | ||
| 10704 | Studio | 560 sqft | AED 2MAED 2,000,000 · Jun 2017June 2017 | ||
| 10705 | Studio | 599 sqft | AED 1.77MAED 1,772,673 · Nov 2013November 2013 | ||
| 10706 | Studio | 612 sqft | AED 1.73MAED 1,731,950 · Oct 2013October 2013 | ||
| 10707 | 1-bed | 933 sqft | AED 2.74MAED 2,740,183 · Aug 2013August 2013 | ||
| 10708 | Studio | 612 sqft | AED 1.93MAED 1,929,780 · Jul 2013July 2013 | ||
| 10709 | Studio | 607 sqft | AED 1.67MAED 1,668,001 · Nov 2022November 2022 | ||
| 10710 | Studio | 614 sqft | AED 1.69MAED 1,689,000 · May 2022May 2022 | 81,000 /yr | |
| 10711 | Studio | 615 sqft | AED 1.7MAED 1,700,000 · Feb 2024February 2024 | ||
| 10712 | Studio | 614 sqft | AED 1.05MAED 1,050,000 · Jul 2020July 2020 | ||
| 10713 | 1-bed | 1,009 sqft | AED 2.86MAED 2,855,628 · Aug 2013August 2013 | ||
| 10714 | Studio | 637 sqft | AED 1.75MAED 1,751,771 · Aug 2022August 2022 | 84,000 /yr | |
| 10715 | Studio | 618 sqft | AED 1.76MAED 1,757,718 · Jul 2013July 2013 | ||
| 10716 | Studio | 635 sqft | AED 1.93MAED 1,925,101 · Apr 2014April 2014 | ||
| 10717 | Studio | 648 sqft | AED 1.23MAED 1,225,000 · May 2025May 2025 | ||
| 10718 | Studio | 622 sqft | AED 1.71MAED 1,711,514 · May 2022May 2022 | 82,000 /yr | |
| 10720 | Studio | 627 sqft | AED 1.89MAED 1,887,810 · Jul 2013July 2013 | ||
| 20701 | 1-bed | 779 sqft | AED 2.36MAED 2,360,683 · Jul 2013July 2013 | ||
| 20702 | Studio | 491 sqft | AED 1.4MAED 1,402,803 · Oct 2013October 2013 | ||
| 20703 | Studio | 560 sqft | AED 1.55MAED 1,550,000 · Apr 2017April 2017 | ||
| 20704 | Studio | 560 sqft | AED 1.51MAED 1,507,200 · Feb 2018February 2018 | ||
| 20705 | Studio | 599 sqft | AED 1.71MAED 1,712,728 · Jul 2013July 2013 | ||
| 20706 | Studio | 612 sqft | AED 1.68MAED 1,683,990 · Aug 2022August 2022 | 81,000 /yr | |
| 20707 | 1-bed | 933 sqft | AED 2.74MAED 2,740,183 · Aug 2013August 2013 | ||
| 20708 | Studio | 612 sqft | AED 1.77MAED 1,768,965 · Jul 2013July 2013 | ||
| 20709 | Studio | 607 sqft | AED 1.49MAED 1,485,000 · Oct 2023October 2023 | ||
| 20710 | Studio | 614 sqft | AED 1.6MAED 1,600,000 · Feb 2024February 2024 | ||
| 20711 | Studio | 615 sqft | AED 1.69MAED 1,692,273 · Oct 2022October 2022 | 81,000 /yr | |
| 20712 | Studio | 614 sqft | AED 1.69MAED 1,689,313 · Sep 2022September 2022 | 81,000 /yr | |
| 20713 | 1-bed | 1,009 sqft | AED 2.86MAED 2,855,628 · Aug 2013August 2013 | ||
| 20714 | Studio | 637 sqft | AED 1.96MAED 1,962,720 · Jul 2013July 2013 | ||
| 20715 | Studio | 618 sqft | AED 1.57MAED 1,570,000 · May 2023May 2023 | ||
| 20716 | Studio | 635 sqft | AED 1.73MAED 1,730,866 · Apr 2022April 2022 | 84,000 /yr | |
| 20717 | Studio | 648 sqft | AED 1.78MAED 1,781,964 · Aug 2022August 2022 | 86,000 /yr | |
| 20718 | Studio | 622 sqft | AED 1.89MAED 1,887,810 · Jul 2013July 2013 | ||
| 20720 | Studio | 627 sqft | AED 1.85MAED 1,850,053 · Mar 2016March 2016 | ||
| 30701 | 4-bed | 5,328 sqft | AED 22.5MAED 22,500,000 · Jan 2025January 2025 | 50,000 /yr | |
| 30702 | 1-bed | 1,223 sqft | AED 4MAED 4,000,000 · Jun 2025June 2025 | 185,000 /yr | |
| 30703 | 2-bed | 1,440 sqft | AED 4.28MAED 4,280,000 · Feb 2015February 2015 | 310,000 /yr | |
| 30704 | 3-bed | 2,769 sqft | AED 6.3MAED 6,300,000 · Jan 2024January 2024 | ||
| 30706 | 2-bed | 1,740 sqft | AED 4.5MAED 4,500,000 · Jun 2023June 2023 | 299,196 /yr | |
| 30707 | 2-bed | 1,646 sqft | AED 4.01MAED 4,009,912 · Jul 2013July 2013 | 390,000 /yr | |
| 30708 | 3-bed | 2,324 sqft | AED 4.25MAED 4,250,000 · Apr 2017April 2017 | ||
| 40701 | 4-bed | 5,328 sqft | AED 7MAED 7,000,000 · Feb 2018February 2018 | ||
| 40702 | 1-bed | 1,223 sqft | AED 2.3MAED 2,300,000 · Apr 2021April 2021 | 260,000 /yr | |
| 40703 | 2-bed | 1,440 sqft | AED 3.46MAED 3,458,184 · Jan 2017January 2017 | 462,000 /yr | |
| 40704 | 2-bed | 1,946 sqft | AED 4.49MAED 4,491,310 · Jul 2013July 2013 | 400,000 /yr | |
| 40707 | 2-bed | 1,646 sqft | AED 4.58MAED 4,580,000 · Oct 2018October 2018 | 310,000 /yr | |
| 40708 | 1-bed | 1,215 sqft | AED 3.6MAED 3,600,000 · Oct 2026October 2026 | 260,000 /yr | |
| 40709 | 2-bed | 2,231 sqft | AED 4.3MAED 4,300,000 · Aug 2023August 2023 | 340,000 /yr |
40706, Five Palm Jumeirah in numbers
- Sold 4 times: first on 3 October 2013 for AED 3,957,748, last on 25 March 2025 for AED 5,100,000 (AED 2,922 per sqft).
- Rented since September 2019 on 2 Ejari contracts, from AED 195,000 to AED 300,000 a year.
- At AED 300,000 a year the gross yield on the 2025 price is 5.9%.
- 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 25 March 2025.
Questions about 40706, Five Palm Jumeirah
What did unit 40706 last sell for?
AED 5,100,000 on 25 March 2025: AED 2,922 per sqft for 1,745 sqft. The unit has 4 registered sales; the first was AED 3,957,748 in October 2013.
What is the rent for unit 40706?
AED 300,000 a year on the contract signed on 3 April 2022. The previous contract, from September 2019, was AED 195,000.
How big is unit 40706?
1,745 sqft (162.1 sqm): a two-bedroom apartment on the 7th floor of a 16-storey tower completed in 2016.
What is unit 40706 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 40706, Five Palm Jumeirah
Starts from the last sale price (AED 5.1M, 25 March 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 5,100,000
- Deposit, UAE resident (20%)
- AED 1,020,000
- Deposit, non-resident (40%)
- AED 2,040,000
- Monthly over 25 years at 3.7%
- AED 20,866
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →