2-bed · 2,002 sqftGolden Mile 05, Palm Jumeirah · 1st floor · completed 2009

5105, Golden Mile 05

Sold prices and rental history: sold twice, last in July 2020, and rented once, from August 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5105 · DLD and Ejari recordsUpdated 29 July 2020
Last soldAED 1.25M29 July 2020
Current rentAED 165K /yr16 August 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5105, Golden Mile 05

What is 5105 worth today?

Last sold for AED 1,250,000 in 2020

Unlock today's estimate, updated daily, with

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

29 Jul 2020SoldReady
AED 1,250,000AED 624 per sqft
16 Aug 2014RentedNew contract
AED 165,000/yr12 months · AED 82 per sqft
21 May 2009Sold by developerOff-plan
AED 1,490,000AED 744 per sqft

Source: Dubai Land Department. Updated 29 July 2020.

Key facts

Type
2-bed apartment
Size
2,002 sqft
Floor
1st of 7
Parking
Building 5-B3-60
Developer
Souq Residences
Completed
2009
Service charge
AED 31,000 /yr
Last sold
AED 1.25M · July 2020

About 5105, Golden Mile 05

5105 is a two-bedroom apartment of 2,002 sqft on the 1st floor of Golden Mile 05, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 29 July 2020 for AED 1,250,000, or AED 624 per sqft.

One Ejari contract is registered, from 16 August 2014. The current contract, signed on 16 August 2014, is AED 165,000 a year: a gross yield of 13.2% on the 2020 price, before the service charge of about AED 31,000 a year.

Sales and rents for 5105 over time

Sales
Unit 5105, each saleTypical two-bed in Golden Mile 05
2M4M2004201020162022Typical sale price by year: 2004 AED 1,570,000; 2009 AED 1,540,000; 2010 AED 1,550,000; 2012 AED 875,000; 2013 AED 1,592,500; 2014 AED 2,850,000; 2016 AED 875,000; 2020 AED 1,305,000; 2022 AED 2,150,000; 2023 AED 2,450,000; 2024 AED 2,900,000; 2025 AED 3,894,444Sold by developer, May 2009: AED 1,490,000 (AED 744 per sqft)Sold, July 2020: AED 1,250,000 (AED 624 per sqft)

5105 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5105, each contractTypical two-bed in Golden Mile 05
100K150K200K2014201820222026Typical rent by year: 2014 AED 165,000; 2015 AED 158,750; 2016 AED 160,000; 2017 AED 145,000; 2018 AED 130,000; 2019 AED 125,000; 2020 AED 101,400; 2021 AED 105,000; 2022 AED 115,500; 2023 AED 137,557; 2024 AED 180,000; 2025 AED 190,000; 2026 AED 190,000New contract, August 2014: AED 165,000 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 Golden Mile 05, and where 5105 sits

All 42 2-beds →

Over the last 12 months two-beds sold for AED 3,700,000 to 4,000,000, around AED 2,091 per sqft, and rent for AED 149,598 to 245,000 a year. 5105's AED 165,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Jan 20263,700,000
15 Dec 20254,000,000
7 Nov 20253,800,000
9 Jul 20253,800,000
2 2-bed sales in the last 12 months

Golden Mile 05

Building

83 apartments, 1-bed to 3-bed over 7 floors in Palm Jumeirah, completed in 2009 by Souq Residences. 5 sold in the last 12 months.

Typical price per sqft
AED 1,960
Typical sale
AED 5.83M
Typical rent
AED 187K /yr
Typical yield
5.2%
Golden Mile 05, Palm Jumeirah: prices, sales and rents →

Other units on the 1st floor

All 83 units in Golden Mile 05
Value
51011-bedAED 1.39M · Sep 2018
51022-bedAED 1.5M · Jul 2010
51032-bedAED 1.54M · May 2009
51041-bedAED 1.18M · Feb 2022
51061-bedAED 1.15M · Apr 2021
51072-bedAED 2.8M · Oct 2024
51083-bedAED 7M · Jan 2026
1–7 of 11

5105, Golden Mile 05 in numbers

  • Sold twice: first on 21 May 2009 for AED 1,490,000, last on 29 July 2020 for AED 1,250,000 (AED 624 per sqft).
  • Rented since August 2014 on one Ejari contract, at AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2020 price is 13.2%, before a service charge of about AED 31,000 a year (AED 15.49 per sqft).
  • Two-beds in Golden Mile 05 sold for AED 3,700,000–4,000,000 in the 12 months to November 2026; the building's median across all types is AED 1,960 per sqft.

Source: Dubai Land Department. Updated 29 July 2020.

Questions about 5105, Golden Mile 05

What did unit 5105 last sell for?

AED 1,250,000 on 29 July 2020: AED 624 per sqft for 2,002 sqft. The unit has 2 registered sales; the first was AED 1,490,000 in May 2009.

What is the rent for unit 5105?

AED 165,000 a year on the contract signed on 16 August 2014.

How big is unit 5105?

2,002 sqft (186.0 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower completed in 2009.

What is unit 5105 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Golden Mile 05 sold for AED 3,700,000 to 4,000,000 in the last 12 months, around AED 2,091 per sqft.

Selling 5105? 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 5105, Golden Mile 05

Starts from the last sale price (AED 1.25M, 29 July 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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