2-bed · 2,231 sqftFive Palm Jumeirah, Palm Jumeirah · 9th floor · completed 2016

40909, Five Palm Jumeirah

Sold prices and rental history: sold once, by the developer in September 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 40909 · DLD and Ejari recordsUpdated 7 April 2026
Last soldAED 5.15M24 September 2013
Current rentAED 286K /yr7 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 40909, Five Palm Jumeirah

What is 40909 worth today?

Last sold for AED 5,149,870 in 2013

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7 Apr 2026RentedRenewal
AED 286,000/yr12 months · AED 128 per sqft
7 Apr 2025RentedNew contract
AED 260,000/yr12 months · AED 117 per sqft
7 Apr 2025RentedNew contract
AED 260,000/yr12 months · AED 117 per sqft
10 Oct 2023RentedNew contract
AED 275,000/yr12 months · AED 123 per sqft
1 Jul 2021RentedNew contract
AED 135,000/yr12 months · AED 61 per sqft
1 Jul 2020RentedNew contract
AED 135,000/yr12 months · AED 61 per sqft
1 Aug 2018RentedRenewal
AED 180,000/yr12 months · AED 81 per sqft
1 Aug 2017RentedNew contract
AED 180,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 7 April 2026.

Key facts

Type
2-bed apartment
Size
2,231 sqft
Floor
9th of 16
Parking
B2-321
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 5.15M · September 2013

About 40909, Five Palm Jumeirah

40909 is a two-bedroom apartment of 2,231 sqft on the 9th floor of Five Palm Jumeirah, a 16-storey tower in Palm Jumeirah completed in 2016 by SKAI Zaya Real Estate Development. The developer sold it on 24 September 2013 for AED 5,149,870, or AED 2,308 per sqft, in line with the AED 2,308 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 7 April 2026, is AED 286,000 a year: a gross yield of 5.5% on the 2013 price.

Sales and rents for 40909 over time

Sales
Unit 40909, 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, September 2013: AED 5,149,870 (AED 2,308 per sqft)

40909 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 40909, each contractTypical two-bed in Five Palm Jumeirah
100K200K300K2017202020232026Typical 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, August 2017: AED 180,000 a yearRenewal, August 2018: AED 180,000 a yearNew contract, July 2020: AED 135,000 a yearNew contract, July 2021: AED 135,000 a yearNew contract, October 2023: AED 275,000 a yearNew contract, April 2025: AED 260,000 a yearNew contract, April 2025: AED 260,000 a yearRenewal, April 2026: AED 286,000 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 40909 sits

All 130 2-beds →

40909 last sold in September 2013 at AED 2,308 per sqft, in line with what two-beds in Five Palm Jumeirah were fetching at the time (AED 2,308). 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. 40909's AED 286,000 is in the lower 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 9th floor

All 699 units in Five Palm Jumeirah
Value
109011-bedAED 2.36M · Jul 2013
10902StudioAED 1.4M · Sep 2013
10903StudioAED 1.88M · Oct 2013
10904StudioAED 1.54M · Mar 2022
10905StudioAED 1.71M · Sep 2013
10906StudioAED 1.73M · Sep 2013
109071-bedAED 2.74M · Aug 2013
1–7 of 50

40909, Five Palm Jumeirah in numbers

  • Sold once: by SKAI Zaya Real Estate Development on 24 September 2013 for AED 5,149,870, or AED 2,308 per sqft.
  • Rented since August 2017 on 8 Ejari contracts. The rent fell from AED 180,000 to AED 135,000 in 2021 and recovered to AED 286,000 by April 2026.
  • At AED 286,000 a year the gross yield on the 2013 price is 5.5%.
  • 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 7 April 2026.

Questions about 40909, Five Palm Jumeirah

What did unit 40909 last sell for?

AED 5,149,870 on 24 September 2013, sold by the developer: AED 2,308 per sqft for 2,231 sqft. It is the only registered sale of the unit.

What is the rent for unit 40909?

AED 286,000 a year on the contract renewed on 7 April 2026. The previous contract, from April 2025, was AED 260,000; the unit has been rented since August 2017.

How big is unit 40909?

2,231 sqft (207.3 sqm): a two-bedroom apartment on the 9th floor of a 16-storey tower completed in 2016.

What is unit 40909 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 40909, Five Palm Jumeirah

Starts from the last sale price (AED 5.15M, 24 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 5,149,870
Deposit, UAE resident (20%)
AED 1,029,974
Deposit, non-resident (40%)
AED 2,059,948
Monthly over 25 years at 3.7%
AED 21,070

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