5111, Golden Mile 05
Sold prices and rental history: sold twice, last in May 2010, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5111, Golden Mile 05
What is 5111 worth today?
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Source: Dubai Land Department. Updated 26 July 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 2,604 sqft
- Floor
- 1st of 7
- Parking
- Building 5-B3-116
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 40,300 /yr
- Last sold
- AED 1.6M · May 2010
- Building
- Golden Mile 05
About 5111, Golden Mile 05
5111 is a two-bedroom apartment of 2,604 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 9 May 2010 for AED 1,600,000, or AED 614 per sqft, 26% below the AED 831 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 13 Ejari contracts. The current contract, renewed on 26 July 2026, is AED 195,000 a year: a gross yield of 12.2% on the 2010 price, before the service charge of about AED 40,300 a year.
Sales and rents for 5111 over time
5111 has sold twice; the dashed line is the two-bed median of each year in the building.
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 5111 sits
All 42 2-beds →5111 last sold in May 2010 at AED 614 per sqft, 26% below what two-beds in Golden Mile 05 were fetching at the time (AED 831). 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. 5111's AED 195,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Jan 202619 January 2026 | 1,887 sqft | 3,700,000 | 1,960 | ||
| 15 Dec 202515 December 2025 | 1,800 sqft | 4,000,000 | 2,222 | ||
| 7 Nov 20257 November 2025 | 1,800 sqft | 3,800,000 | 2,111 | ||
| 9 Jul 20259 July 2025 | 1,799 sqft | 3,800,000 | 2,112 |
Golden Mile 05
Building83 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%
Other units on the 1st floor
All 83 units in Golden Mile 05| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5101 | 1-bed | 1,304 sqft | AED 1.39MAED 1,385,000 · Sep 2018September 2018 | 105,000 /yr | |
| 5102 | 2-bed | 2,096 sqft | AED 1.5MAED 1,500,000 · Jul 2010July 2010 | ||
| 5103 | 2-bed | 2,097 sqft | AED 1.54MAED 1,540,000 · May 2009May 2009 | 159,500 /yr | |
| 5104 | 1-bed | 1,409 sqft | AED 1.18MAED 1,180,000 · Feb 2022February 2022 | ||
| 5105 | 2-bed | 2,002 sqft | AED 1.25MAED 1,250,000 · Jul 2020July 2020 | 165,000 /yr | |
| 5106 | 1-bed | 1,288 sqft | AED 1.15MAED 1,150,000 · Apr 2021April 2021 | 120,000 /yr | |
| 5107 | 2-bed | 1,939 sqft | AED 2.8MAED 2,800,000 · Oct 2024October 2024 | 175,000 /yr | |
| 5108 | 3-bed | 3,967 sqft | AED 7MAED 7,000,000 · Jan 2026January 2026 | 620,000 /yr | |
| 5109 | 2-bed | 2,595 sqft | AED 1.4MAED 1,400,000 · Jan 2013January 2013 | 135,000 /yr | |
| 5110 | 2-bed | 2,604 sqft | AED 2.1MAED 2,100,000 · Apr 2017April 2017 | 198,000 /yr | |
| 5112 | 3-bed | 3,768 sqft | AED 1.45MAED 1,450,000 · May 2012May 2012 | 220,000 /yr |
5111, Golden Mile 05 in numbers
- Sold twice: first on 15 April 2006 for AED 1,890,000, last on 9 May 2010 for AED 1,600,000 (AED 614 per sqft).
- Rented since April 2015 on 13 Ejari contracts. The rent fell from AED 165,000 to AED 100,000 in 2020 and recovered to AED 195,000 by July 2026.
- At AED 195,000 a year the gross yield on the 2010 price is 12.2%, before a service charge of about AED 40,300 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 26 July 2026.
Questions about 5111, Golden Mile 05
What did unit 5111 last sell for?
AED 1,600,000 on 9 May 2010: AED 614 per sqft for 2,604 sqft. The unit has 2 registered sales; the first was AED 1,890,000 in April 2006.
What is the rent for unit 5111?
AED 195,000 a year on the contract renewed on 26 July 2026. The previous contract, from July 2025, was AED 165,000; the unit has been rented since April 2015.
How big is unit 5111?
2,604 sqft (241.9 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower completed in 2009.
What is unit 5111 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 5111, Golden Mile 05
Starts from the last sale price (AED 1.6M, 9 May 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 1,600,000
- Deposit, UAE resident (20%)
- AED 320,000
- Deposit, non-resident (40%)
- AED 640,000
- Monthly over 25 years at 3.7%
- AED 6,546
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →