2-bed · 1,799 sqftGolden Mile 05, Palm Jumeirah · 2nd floor · completed 2009

5202, Golden Mile 05

Sold prices and rental history: sold 3 times, last in June 2022, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5202 · DLD and Ejari recordsUpdated 1 June 2022
Last soldAED 2M1 June 2022
Current rentAED 83K /yr20 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5202, Golden Mile 05

What is 5202 worth today?

Last sold for AED 2,000,000 in 2022

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1 Jun 2022SoldReady
AED 2,000,000AED 1,111 per sqft
20 Feb 2021RentedRenewal
AED 83,077/yr13 months · AED 46 per sqft
20 Feb 2020RentedNew contract
AED 110,000/yr12 months · AED 61 per sqft
20 Feb 2019RentedRenewal
AED 115,000/yr12 months · AED 64 per sqft
20 Feb 2018RentedNew contract
AED 120,000/yr12 months · AED 67 per sqft
4 Sep 2016SoldReady
AED 2,300,000AED 1,278 per sqft
21 May 2009Sold by developerOff-plan
AED 1,400,000AED 778 per sqft

Source: Dubai Land Department. Updated 1 June 2022.

Key facts

Type
2-bed apartment
Size
1,799 sqft
Floor
2nd of 7
Parking
Building 5-B3-124
Developer
Souq Residences
Completed
2009
Service charge
AED 27,900 /yr
Last sold
AED 2M · June 2022

About 5202, Golden Mile 05

5202 is a two-bedroom apartment of 1,799 sqft on the 2nd floor of Golden Mile 05, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 1 June 2022 for AED 2,000,000, or AED 1,111 per sqft.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 20 February 2021, is AED 83,077 a year: a gross yield of 4.2% on the 2022 price, before the service charge of about AED 27,900 a year.

Sales and rents for 5202 over time

Sales
Unit 5202, 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 1,400,000 (AED 778 per sqft)Sold, September 2016: AED 2,300,000 (AED 1,278 per sqft)Sold, June 2022: AED 2,000,000 (AED 1,111 per sqft)

5202 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5202, 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, February 2018: AED 120,000 a yearRenewal, February 2019: AED 115,000 a yearNew contract, February 2020: AED 110,000 a yearRenewal, February 2021: AED 83,077 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 5202 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. 5202's AED 83,077 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 2nd floor

All 83 units in Golden Mile 05
Value
52011-bedAED 1.04M · May 2009
52032-bedAED 2.35M · Sep 2023
52041-bedAED 2M · May 2025
52052-bedAED 1.93M · May 2013
52061-bedAED 1.16M · Mar 2019
52072-bedAED 1.95M · Nov 2022
52083-bedAED 2.47M · May 2009
1–7 of 11

5202, Golden Mile 05 in numbers

  • Sold 3 times: first on 21 May 2009 for AED 1,400,000, last on 1 June 2022 for AED 2,000,000 (AED 1,111 per sqft).
  • Rented since February 2018 on 4 Ejari contracts, from AED 120,000 to AED 83,077 a year.
  • At AED 83,077 a year the gross yield on the 2022 price is 4.2%, before a service charge of about AED 27,900 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 1 June 2022.

Questions about 5202, Golden Mile 05

What did unit 5202 last sell for?

AED 2,000,000 on 1 June 2022: AED 1,111 per sqft for 1,799 sqft. The unit has 3 registered sales; the first was AED 1,400,000 in May 2009.

What is the rent for unit 5202?

AED 83,077 a year on the contract renewed on 20 February 2021. The previous contract, from February 2020, was AED 110,000; the unit has been rented since February 2018.

How big is unit 5202?

1,799 sqft (167.1 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2009.

What is unit 5202 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 5202, Golden Mile 05

Starts from the last sale price (AED 2M, 1 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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