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1-bed · 1,215 sqftFive Palm Jumeirah, Palm Jumeirah · 7th floor · completed 2016

40708, Five Palm Jumeirah

Sold prices and rental history: sold 4 times, last in May 2022, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 40708 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 2.86M24 May 2022
Current rentAED 260K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 40708, Five Palm Jumeirah

What is 40708 worth today?

Last sold for AED 2,860,000 in 2022

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1 Feb 2026RentedRenewal
AED 260,000/yr12 months · AED 214 per sqft
24 May 2022SoldReady
AED 2,860,000AED 2,353 per sqft
13 Apr 2021SoldReady
AED 2,050,000AED 1,686 per sqft
1 Jul 2020RentedNew contract
AED 145,000/yr12 months · AED 119 per sqft
19 Mar 2020SoldReady
AED 2,000,000AED 1,645 per sqft
1 Oct 2018RentedNew contract
AED 160,000/yr12 months · AED 132 per sqft
7 Jul 2013Sold by developerOff-plan
AED 2,483,987AED 2,044 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 February 2026.

Key facts

Type
1-bed apartment
Size
1,215 sqft
Floor
7th of 16
Parking
B2-397
Developer
SKAI Zaya Real Estate Development
Completed
2016
Last sold
AED 2.86M · May 2022
Building
Five Palm Jumeirah

About 40708, Five Palm Jumeirah

40708 is a one-bedroom apartment of 1,215 sqft on the 7th 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 24 May 2022 for AED 2,860,000, or AED 2,353 per sqft, 10% above the AED 2,140 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 260,000 a year: a gross yield of 9.1% on the 2022 price.

Sales and rents for 40708 over time

Sales
Unit 40708, 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, July 2013: AED 2,483,987 (AED 2,044 per sqft)Sold, March 2020: AED 2,000,000 (AED 1,645 per sqft)Sold, April 2021: AED 2,050,000 (AED 1,686 per sqft)Sold, May 2022: AED 2,860,000 (AED 2,353 per sqft)

40708 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 40708, 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, October 2018: AED 160,000 a yearNew contract, July 2020: AED 145,000 a yearRenewal, February 2026: AED 260,000 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 40708 sits

All 140 1-beds →

40708 last sold in May 2022 at AED 2,353 per sqft, 10% above what one-beds in Five Palm Jumeirah were fetching at the time (AED 2,140).

Recent 1-bed salesUnit no.Price (AED)Summary
24 Jun 20254,000,000
16 May 20251,750,000
3 Apr 20253,500,000
18 Mar 20252,920,000
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 7th floor

All 699 units in Five Palm Jumeirah
Value
107011-bedAED 2.36M · Mar 2016
10702StudioAED 1.13M · Nov 2020
10703StudioAED 1.71M · Jul 2013
10704StudioAED 2M · Jun 2017
10705StudioAED 1.77M · Nov 2013
10706StudioAED 1.73M · Oct 2013
107071-bedAED 2.74M · Aug 2013
1–7 of 52

40708, Five Palm Jumeirah in numbers

  • Sold 4 times: first on 7 July 2013 for AED 2,483,987, last on 24 May 2022 for AED 2,860,000 (AED 2,353 per sqft).
  • Rented since October 2018 on 3 Ejari contracts, from AED 160,000 to AED 260,000 a year.
  • At AED 260,000 a year the gross yield on the 2022 price is 9.1%.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 February 2026.

Questions about 40708, Five Palm Jumeirah

What did unit 40708 last sell for?

AED 2,860,000 on 24 May 2022: AED 2,353 per sqft for 1,215 sqft. The unit has 4 registered sales; the first was AED 2,483,987 in July 2013.

What is the rent for unit 40708?

AED 260,000 a year on the contract renewed on 1 February 2026. The previous contract, from July 2020, was AED 145,000; the unit has been rented since October 2018.

How big is unit 40708?

1,215 sqft (112.9 sqm): a one-bedroom apartment on the 7th floor of a 16-storey tower completed in 2016.

What is unit 40708 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 40708, Five Palm Jumeirah

Starts from the last sale price (AED 2.86M, 24 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,860,000
Deposit, UAE resident (20%)
AED 572,000
Deposit, non-resident (40%)
AED 1,144,000
Monthly over 25 years at 3.7%
AED 11,701

Plus AED 125,130 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →