3-bed · 2,580 sqftPalm Beach Tower 2, Palm Jumeirah · 40th floor · completed 2026

40-005, Palm Beach Tower 2

Sold prices and rental history: sold once, by the developer in November 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 40-005 · DLD and Ejari recordsUpdated 2 November 2022
Last soldAED 8.79M2 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 40-005, Palm Beach Tower 2

What is 40-005 worth today?

Last sold for AED 8,788,800 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

2 Nov 2022Sold by developerOff-plan
AED 8,788,800AED 3,406 per sqft

Source: Dubai Land Department. Updated 2 November 2022.

Key facts

Type
3-bed apartment
Size
2,580 sqft
Floor
40th of 47
Parking
2
Developer
The Palm - Jumeirah Co
Completed
2026
Last sold
AED 8.79M · November 2022

About 40-005, Palm Beach Tower 2

40-005 is a three-bedroom apartment of 2,580 sqft on the 40th floor of Palm Beach Tower 2, a 47-storey tower in Palm Jumeirah completed in 2026 by The Palm - Jumeirah Co. The developer sold it on 2 November 2022 for AED 8,788,800, or AED 3,406 per sqft, 4% above the AED 3,274 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 40-005 over time

Sales
Unit 40-005, each saleTypical three-bed in Palm Beach Tower 2
8.5M9M9.5M20222023202420252026Typical sale price by year: 2022 AED 8,718,800; 2023 AED 9,348,800; 2024 AED 8,500,000; 2025 AED 8,648,800Sold by developer, November 2022: AED 8,788,800 (AED 3,406 per sqft)

40-005 has sold once; the dashed line is the three-bed median of each year in the building.

3-beds in Palm Beach Tower 2, and where 40-005 sits

All 75 3-beds →

40-005 last sold in November 2022 at AED 3,406 per sqft, 4% above what three-beds in Palm Beach Tower 2 were fetching at the time (AED 3,274). Over the last 12 months three-beds sold for AED 9,750,000 to 10,700,000, around AED 3,857 per sqft.

Recent 3-bed salesUnit no.Price (AED)Summary
12 Feb 20269,750,000
18 Jul 20258,489,000
10 Jul 20259,338,800
20 Jan 20259,348,800
2 3-bed sales in the last 12 months

Palm Beach Tower 2

Building

313 apartments, 1-bed to 4-bed over 47 floors in Palm Jumeirah, completed in 2026 by The Palm - Jumeirah Co. 6 sold in the last 12 months.

Typical price per sqft
AED 3,510
Typical sale
AED 6.2M
Typical rent
Few contracts
Typical yield
Palm Beach Tower 2, Palm Jumeirah: prices, sales and rents →

Other units on the 40th floor

All 313 units in Palm Beach Tower 2
Value
40-0014-bedAED 10.87M · Nov 2022
40-0023-bedAED 8.16M · Nov 2022
40-0033-bedAED 8.57M · Nov 2022
40-0044-bedAED 11.73M · Nov 2022
40-0063-bedAED 9.3M · Nov 2022

40-005, Palm Beach Tower 2 in numbers

  • Sold once: by The Palm - Jumeirah Co on 2 November 2022 for AED 8,788,800, or AED 3,406 per sqft.
  • Three-beds in Palm Beach Tower 2 sold for AED 9,750,000–10,700,000 in the 12 months to November 2026; the building's median across all types is AED 3,510 per sqft.

Source: Dubai Land Department. Updated 2 November 2022.

Questions about 40-005, Palm Beach Tower 2

What did unit 40-005 last sell for?

AED 8,788,800 on 2 November 2022, sold by the developer: AED 3,406 per sqft for 2,580 sqft. It is the only registered sale of the unit.

How big is unit 40-005?

2,580 sqft (239.7 sqm): a three-bedroom apartment on the 40th floor of a 47-storey tower completed in 2026.

What is unit 40-005 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Palm Beach Tower 2 sold for AED 9,750,000 to 10,700,000 in the last 12 months, around AED 3,857 per sqft.

Selling 40-005? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 40-005, Palm Beach Tower 2

Starts from the last sale price (AED 8.79M, 2 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 8,788,800
Deposit, UAE resident (20%)
AED 1,757,760
Deposit, non-resident (40%)
AED 3,515,520
Monthly over 25 years at 3.7%
AED 35,958

Plus AED 374,140 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →