4-bed · 5,324 sqftFive Palm Jumeirah, Palm Jumeirah · 8th floor · completed 2016

40801, Five Palm Jumeirah

Sold prices and rental history: sold 5 times, last in October 2024, and rented once, from June 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 40801 · DLD and Ejari recordsUpdated 14 October 2024
Last soldAED 22M14 October 2024
Current rentAED 1.5M /yr1 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 40801, Five Palm Jumeirah

What is 40801 worth today?

Last sold for AED 22,000,000 in 2024

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14 Oct 2024SoldReady
AED 22,000,000AED 4,132 per sqft
3 Apr 2024SoldReady
AED 18,000,000AED 3,381 per sqft
1 Jun 2022RentedNew contract
AED 1,500,000/yr12 months · AED 282 per sqft
23 Feb 2022SoldReady
AED 19,750,000AED 3,709 per sqft
18 May 2016SoldOff-plan
AED 12,989,326AED 2,439 per sqft
24 Sep 2013Sold by developerOff-plan
AED 12,989,326AED 2,439 per sqft

Source: Dubai Land Department. Updated 14 October 2024.

Key facts

Type
4-bed apartment
Size
5,324 sqft
Floor
8th of 16
Parking
B2-503, B2-504, B2-505
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 22M · October 2024

About 40801, Five Palm Jumeirah

40801 is a four-bedroom apartment of 5,324 sqft on the 8th 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 14 October 2024 for AED 22,000,000, or AED 4,132 per sqft, 22% above the AED 3,381 four-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 June 2022. The current contract, signed on 1 June 2022, is AED 1,500,000 a year: a gross yield of 6.8% on the 2024 price.

Sales and rents for 40801 over time

Sales
Unit 40801, each saleTypical four-bed in Five Palm Jumeirah
10M20M2013201720212025Typical 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 by developer, September 2013: AED 12,989,326 (AED 2,439 per sqft)Sold, May 2016: AED 12,989,326 (AED 2,439 per sqft)Sold, February 2022: AED 19,750,000 (AED 3,709 per sqft)Sold, April 2024: AED 18,000,000 (AED 3,381 per sqft)Sold, October 2024: AED 22,000,000 (AED 4,132 per sqft)

40801 has sold 5 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 40801, 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 1,500,000New contract, June 2022: AED 1,500,000 a year

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 40801 sits

All 30 4-beds →

40801 last sold in October 2024 at AED 4,132 per sqft, 22% above what four-beds in Five Palm Jumeirah were fetching at the time (AED 3,381). 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
24 Apr 202423,000,000
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 8th floor

All 699 units in Five Palm Jumeirah
Value
108011-bedAED 2.36M · Sep 2013
10802StudioAED 1.7M · Sep 2013
10803StudioAED 2M · Jun 2023
10804StudioAED 1.71M · Sep 2013
10805StudioAED 1.71M · Jul 2013
10806StudioAED 1.73M · Sep 2013
108071-bedAED 2.74M · Aug 2013
1–7 of 50

40801, Five Palm Jumeirah in numbers

  • Sold 5 times: first on 24 September 2013 for AED 12,989,326, last on 14 October 2024 for AED 22,000,000 (AED 4,132 per sqft).
  • Rented since June 2022 on one Ejari contract, at AED 1,500,000 a year.
  • At AED 1,500,000 a year the gross yield on the 2024 price is 6.8%.
  • 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 14 October 2024.

Questions about 40801, Five Palm Jumeirah

What did unit 40801 last sell for?

AED 22,000,000 on 14 October 2024: AED 4,132 per sqft for 5,324 sqft. The unit has 5 registered sales; the first was AED 12,989,326 in September 2013.

What is the rent for unit 40801?

AED 1,500,000 a year on the contract signed on 1 June 2022.

How big is unit 40801?

5,324 sqft (494.6 sqm): a four-bedroom apartment on the 8th floor of a 16-storey tower completed in 2016.

What is unit 40801 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 40801, Five Palm Jumeirah

Starts from the last sale price (AED 22M, 14 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 22,000,000
Deposit, UAE resident (20%)
AED 4,400,000
Deposit, non-resident (40%)
AED 8,800,000
Monthly over 25 years at 3.7%
AED 90,009

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