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1-bed · 1,215 sqftFive Palm Jumeirah, Palm Jumeirah · 6th floor · completed 2016

40608, Five Palm Jumeirah

Sold prices and rental history: sold 6 times, last in April 2025, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 40608 · DLD and Ejari recordsUpdated 3 April 2025
Last soldAED 3.5M3 April 2025
Current rentAED 400K /yr19 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 40608, Five Palm Jumeirah

What is 40608 worth today?

Last sold for AED 3,500,000 in 2025

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3 Apr 2025SoldReady
AED 3,500,000AED 2,879 per sqft
19 Sep 2024RentedNew contract
AED 400,000/yr12 months · AED 329 per sqft
10 Apr 2023RentedNew contract
AED 280,000/yr12 months · AED 230 per sqft
18 Nov 2022SoldReady
AED 3,150,000AED 2,591 per sqft
4 Mar 2022SoldReady
AED 2,500,000AED 2,057 per sqft
10 Jun 2021SoldReady
AED 2,400,000AED 1,974 per sqft
25 Nov 2019RentedNew contract
AED 150,000/yr12 months · AED 123 per sqft
30 Oct 2018RentedNew contract
AED 160,000/yr12 months · AED 132 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 3 April 2025.

Key facts

Type
1-bed apartment
Size
1,215 sqft
Floor
6th of 16
Parking
B2-422
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 3.5M · April 2025
Building
Five Palm Jumeirah

About 40608, Five Palm Jumeirah

40608 is a one-bedroom apartment of 1,215 sqft on the 6th 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 3 April 2025 for AED 3,500,000, or AED 2,879 per sqft, in line with the AED 2,819 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 19 September 2024, is AED 400,000 a year: a gross yield of 11.4% on the 2025 price.

Sales and rents for 40608 over time

Sales
Unit 40608, each saleTypical one-bed in Five Palm Jumeirah
2M4M2013201720212025Typical sale price by year: 2013 AED 2,855,628; 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; 2020 AED 2,000,000; 2021 AED 2,400,000; 2022 AED 3,050,000; 2023 AED 3,000,000; 2024 AED 2,914,456; 2025 AED 3,500,000Sold by developer, June 2013: AED 2,453,320 (AED 2,018 per sqft)Sold, December 2014: AED 2,615,590 (AED 2,152 per sqft)Sold, June 2021: AED 2,400,000 (AED 1,974 per sqft)Sold, March 2022: AED 2,500,000 (AED 2,057 per sqft)Sold, November 2022: AED 3,150,000 (AED 2,591 per sqft)Sold, April 2025: AED 3,500,000 (AED 2,879 per sqft)

40608 has sold 6 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 40608, each contractTypical one-bed in Five Palm Jumeirah
200K400K2017202020232026Typical rent by year: 2017 AED 167,500; 2018 AED 160,000; 2019 AED 160,000; 2020 AED 140,000; 2021 AED 149,000; 2022 AED 165,000; 2023 AED 255,000; 2024 AED 367,500; 2025 AED 230,000New contract, April 2017: AED 160,000 a yearNew contract, October 2018: AED 160,000 a yearNew contract, November 2019: AED 150,000 a yearNew contract, April 2023: AED 280,000 a yearNew contract, September 2024: AED 400,000 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 40608 sits

All 140 1-beds →

40608 last sold in April 2025 at AED 2,879 per sqft, in line with what one-beds in Five Palm Jumeirah were fetching at the time (AED 2,819).

Recent 1-bed salesUnit no.Price (AED)Summary
24 Jun 20254,000,000
16 May 20251,750,000
18 Mar 20252,920,000
6 Feb 20254,000,000
0 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. 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 6th floor

All 699 units in Five Palm Jumeirah
Value
106011-bedAED 2.36M · Jul 2013
10602StudioAED 1.47M · Jan 2022
10603StudioAED 1.71M · Jul 2013
10604StudioAED 1.71M · May 2014
10605StudioAED 1.71M · Jul 2013
10606StudioAED 1.73M · Oct 2013
106071-bedAED 2.74M · Aug 2013
1–7 of 52

40608, Five Palm Jumeirah in numbers

  • Sold 6 times: first on 19 June 2013 for AED 2,453,320, last on 3 April 2025 for AED 3,500,000 (AED 2,879 per sqft).
  • Rented since April 2017 on 5 Ejari contracts, from AED 160,000 to AED 400,000 a year.
  • At AED 400,000 a year the gross yield on the 2025 price is 11.4%.

Source: YallaValue analysis of Dubai Land Department records. Updated 3 April 2025.

Questions about 40608, Five Palm Jumeirah

What did unit 40608 last sell for?

AED 3,500,000 on 3 April 2025: AED 2,879 per sqft for 1,215 sqft. The unit has 6 registered sales; the first was AED 2,453,320 in June 2013.

What is the rent for unit 40608?

AED 400,000 a year on the contract signed on 19 September 2024. The previous contract, from April 2023, was AED 280,000; the unit has been rented since April 2017.

How big is unit 40608?

1,215 sqft (112.9 sqm): a one-bedroom apartment on the 6th floor of a 16-storey tower completed in 2016.

What is unit 40608 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 40608, Five Palm Jumeirah

Starts from the last sale price (AED 3.5M, 3 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,000
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

Plus AED 152,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →