2-bed · 2,595 sqftGolden Mile 05, Palm Jumeirah · 1st floor · completed 2009

5109, Golden Mile 05

Sold prices and rental history: sold twice, last in January 2013, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5109 · DLD and Ejari recordsUpdated 2 October 2019
Last soldAED 1.4M30 January 2013
Current rentAED 135K /yr2 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5109, Golden Mile 05

What is 5109 worth today?

Last sold for AED 1,400,000 in 2013

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2 Oct 2019RentedNew contract
AED 135,000/yr12 months · AED 52 per sqft
1 Jan 2019RentedNew contract
AED 160,000/yr12 months · AED 62 per sqft
30 Jan 2013SoldOff-plan
AED 1,400,000AED 539 per sqft
21 May 2009Sold by developerOff-plan
AED 1,890,000AED 728 per sqft

Source: Dubai Land Department. Updated 2 October 2019.

Key facts

Type
2-bed apartment
Size
2,595 sqft
Floor
1st of 7
Parking
Building 5-B3-110
Developer
Souq Residences
Completed
2009
Service charge
AED 40,200 /yr
Last sold
AED 1.4M · January 2013

About 5109, Golden Mile 05

5109 is a two-bedroom apartment of 2,595 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 30 January 2013 for AED 1,400,000, or AED 539 per sqft, 8% above the AED 501 two-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 2 October 2019, is AED 135,000 a year: a gross yield of 9.6% on the 2013 price, before the service charge of about AED 40,200 a year.

Sales and rents for 5109 over time

Sales
Unit 5109, 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 1,890,000 (AED 728 per sqft)Sold, January 2013: AED 1,400,000 (AED 539 per sqft)

5109 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5109, 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, January 2019: AED 160,000 a yearNew contract, October 2019: AED 135,000 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 5109 sits

All 42 2-beds →

5109 last sold in January 2013 at AED 539 per sqft, 8% above what two-beds in Golden Mile 05 were fetching at the time (AED 501). 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. 5109's AED 135,000 is at the bottom 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
51052-bedAED 1.25M · Jul 2020
51061-bedAED 1.15M · Apr 2021
51072-bedAED 2.8M · Oct 2024
1–7 of 11

5109, Golden Mile 05 in numbers

  • Sold twice: first on 21 May 2009 for AED 1,890,000, last on 30 January 2013 for AED 1,400,000 (AED 539 per sqft).
  • Rented since January 2019 on 2 Ejari contracts, from AED 160,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2013 price is 9.6%, before a service charge of about AED 40,200 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 2 October 2019.

Questions about 5109, Golden Mile 05

What did unit 5109 last sell for?

AED 1,400,000 on 30 January 2013: AED 539 per sqft for 2,595 sqft. The unit has 2 registered sales; the first was AED 1,890,000 in May 2009.

What is the rent for unit 5109?

AED 135,000 a year on the contract signed on 2 October 2019. The previous contract, from January 2019, was AED 160,000.

How big is unit 5109?

2,595 sqft (241.1 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower completed in 2009.

What is unit 5109 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.

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Mortgage on 5109, Golden Mile 05

Starts from the last sale price (AED 1.4M, 30 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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