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1-bed · 1,215 sqftFive Palm Jumeirah, Palm Jumeirah · 8th floor · completed 2016

40808, Five Palm Jumeirah

Sold prices and rental history: sold twice, last in October 2014, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 40808 · DLD and Ejari recordsUpdated 8 April 2024
Last soldAED 2.71M13 October 2014
Current rentAED 250K /yr8 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 40808, Five Palm Jumeirah

What is 40808 worth today?

Last sold for AED 2,706,275 in 2014

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8 Apr 2024RentedNew contract
AED 250,000/yr12 months · AED 206 per sqft
1 Oct 2022RentedRenewal
AED 142,000/yr12 months · AED 117 per sqft
1 Oct 2021RentedRenewal
AED 135,000/yr12 months · AED 111 per sqft
1 Oct 2020RentedNew contract
AED 128,000/yr12 months · AED 105 per sqft
13 Oct 2014SoldOff-plan
AED 2,706,275AED 2,226 per sqft
16 Jul 2013Sold by developerOff-plan
AED 2,514,653AED 2,068 per sqft

Source: Dubai Land Department. Updated 8 April 2024.

Key facts

Type
1-bed apartment
Size
1,215 sqft
Floor
8th of 16
Parking
B2-467
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 2.71M · October 2014
Building
Five Palm Jumeirah

About 40808, Five Palm Jumeirah

40808 is a one-bedroom apartment of 1,215 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 13 October 2014 for AED 2,706,275, or AED 2,226 per sqft, 22% below the AED 2,842 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 8 April 2024, is AED 250,000 a year: a gross yield of 9.2% on the 2014 price.

Sales and rents for 40808 over time

Sales
Unit 40808, 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 2,514,653 (AED 2,068 per sqft)Sold, October 2014: AED 2,706,275 (AED 2,226 per sqft)

40808 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 40808, 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 2020: AED 128,000 a yearRenewal, October 2021: AED 135,000 a yearRenewal, October 2022: AED 142,000 a yearNew contract, April 2024: AED 250,000 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 40808 sits

All 141 1-beds →

40808 last sold in October 2014 at AED 2,226 per sqft, 22% below what one-beds in Five Palm Jumeirah were fetching at the time (AED 2,842). 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. 40808's AED 250,000 is in the upper half 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 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

40808, Five Palm Jumeirah in numbers

  • Sold twice: first on 16 July 2013 for AED 2,514,653, last on 13 October 2014 for AED 2,706,275 (AED 2,226 per sqft).
  • Rented since October 2020 on 4 Ejari contracts, from AED 128,000 to AED 250,000 a year.
  • At AED 250,000 a year the gross yield on the 2014 price is 9.2%.
  • 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 8 April 2024.

Questions about 40808, Five Palm Jumeirah

What did unit 40808 last sell for?

AED 2,706,275 on 13 October 2014: AED 2,226 per sqft for 1,215 sqft. The unit has 2 registered sales; the first was AED 2,514,653 in July 2013.

What is the rent for unit 40808?

AED 250,000 a year on the contract signed on 8 April 2024. The previous contract, from October 2022, was AED 142,000; the unit has been rented since October 2020.

How big is unit 40808?

1,215 sqft (112.9 sqm): a one-bedroom apartment on the 8th floor of a 16-storey tower completed in 2016.

What is unit 40808 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 40808, Five Palm Jumeirah

Starts from the last sale price (AED 2.71M, 13 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,706,275
Deposit, UAE resident (20%)
AED 541,255
Deposit, non-resident (40%)
AED 1,082,510
Monthly over 25 years at 3.7%
AED 11,072

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