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3-bed · 1,162 sqftFive Palm Jumeirah, Palm Jumeirah · 3rd floor · completed 2016

40308, Five Palm Jumeirah

Sold prices and rental history: sold twice, last in September 2023, and rented once, from June 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 40308 · DLD and Ejari recordsUpdated 26 June 2025
Last soldAED 4.95M12 September 2023
Current rentAED 550K /yr26 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 40308, Five Palm Jumeirah

What is 40308 worth today?

Last sold for AED 4,950,000 in 2023

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26 Jun 2025RentedNew contract
AED 550,000/yr12 months · AED 237 per sqft
12 Sep 2023SoldReady
AED 4,950,000AED 2,129 per sqft
20 Jun 2013Sold by developerOff-plan
AED 5,030,844AED 2,164 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 26 June 2025.

Key facts

Type
3-bed apartment
Size
1,162 sqft
Floor
3rd of 16
Parking
B2-443,B2-444
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 4.95M · September 2023
Building
Five Palm Jumeirah

About 40308, Five Palm Jumeirah

40308 is a three-bedroom apartment of 1,162 sqft on the 3rd 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 12 September 2023 for AED 4,950,000, or AED 2,129 per sqft, in line with the AED 2,158 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 26 June 2025. The current contract, signed on 26 June 2025, is AED 550,000 a year: a gross yield of 11.1% on the 2023 price.

Sales and rents for 40308 over time

Sales
Unit 40308, each saleTypical three-bed in Five Palm Jumeirah
5M10M15M2013201720212025Typical sale price by year: 2013 AED 5,545,454; 2014 AED 5,190,753; 2015 AED 5,300,000; 2017 AED 5,368,630; 2018 AED 4,750,000; 2021 AED 14,400,000; 2022 AED 6,000,000; 2023 AED 6,200,000; 2024 AED 5,470,000; 2025 AED 5,975,000Sold by developer, June 2013: AED 5,030,844 (AED 2,164 per sqft)Sold, September 2023: AED 4,950,000 (AED 2,129 per sqft)

40308 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 40308, each contractTypical three-bed in Five Palm Jumeirah
200K400K600K2017202020232026Typical rent by year: 2017 AED 312,500; 2018 AED 317,500; 2019 AED 292,500; 2020 AED 250,000; 2021 AED 261,953; 2022 AED 335,000; 2025 AED 550,000New contract, June 2025: AED 550,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Five Palm Jumeirah, and where 40308 sits

All 38 3-beds →

40308 last sold in September 2023 at AED 2,129 per sqft, in line with what three-beds in Five Palm Jumeirah were fetching at the time (AED 2,158).

Recent 3-bed salesUnit no.Price (AED)Summary
12 Jun 20255,800,000
12 Mar 20255,580,000
22 Jan 20256,200,000
8 Jan 20256,150,000
0 3-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. 7 sold in the last 12 months.

Typical price per sqft
AED 2,548
Typical sale
AED 5.05M
Typical rent
AED 300K /yr
Typical yield
8.4%
Five Palm Jumeirah, Palm Jumeirah: prices, sales and rents →

Other units on the 3rd floor

All 699 units in Five Palm Jumeirah
Value
103011-bedAED 2.36M · Jul 2013
10302StudioAED 1.5M · Aug 2024
10303StudioAED 1.4M · Apr 2022
10304StudioAED 1.71M · Sep 2013
10305StudioAED 1.71M · Sep 2013
10306StudioAED 1.7M · Sep 2022
103071-bedAED 2.74M · Aug 2013
1–7 of 53

40308, Five Palm Jumeirah in numbers

  • Sold twice: first on 20 June 2013 for AED 5,030,844, last on 12 September 2023 for AED 4,950,000 (AED 2,129 per sqft).
  • Rented since June 2025 on one Ejari contract, at AED 550,000 a year.
  • At AED 550,000 a year the gross yield on the 2023 price is 11.1%.

Source: YallaValue analysis of Dubai Land Department records. Updated 26 June 2025.

Questions about 40308, Five Palm Jumeirah

What did unit 40308 last sell for?

AED 4,950,000 on 12 September 2023: AED 2,129 per sqft for 1,162 sqft. The unit has 2 registered sales; the first was AED 5,030,844 in June 2013.

What is the rent for unit 40308?

AED 550,000 a year on the contract signed on 26 June 2025.

How big is unit 40308?

1,162 sqft (108.0 sqm): a three-bedroom apartment on the 3rd floor of a 16-storey tower completed in 2016.

What is unit 40308 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 40308, Five Palm Jumeirah

Starts from the last sale price (AED 4.95M, 12 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,950,000
Deposit, UAE resident (20%)
AED 990,000
Deposit, non-resident (40%)
AED 1,980,000
Monthly over 25 years at 3.7%
AED 20,252

Plus AED 212,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →