2-bed · 1,800 sqftGolden Mile 05, Palm Jumeirah · 2nd floor · completed 2009

5203, Golden Mile 05

Sold prices and rental history: sold twice, last in September 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5203 · DLD and Ejari recordsUpdated 26 August 2026
Last soldAED 2.35M14 September 2023
Current rentAED 225K /yr26 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5203, Golden Mile 05

What is 5203 worth today?

Last sold for AED 2,350,000 in 2023

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26 Aug 2026RentedNew contract
AED 225,000/yr12 months · AED 125 per sqft
1 Aug 2025RentedNew contract
AED 250,000/yr12 months · AED 139 per sqft
14 Sep 2023SoldReady
AED 2,350,000AED 1,305 per sqft
2 Oct 2022RentedNew contract
AED 115,500/yr12 months · AED 64 per sqft
2 Oct 2021RentedNew contract
AED 110,000/yr12 months · AED 61 per sqft
24 Jul 2020RentedNew contract
AED 85,000/yr12 months · AED 47 per sqft
12 Dec 2018RentedRenewal
AED 130,000/yr12 months · AED 72 per sqft
12 Dec 2017RentedNew contract
AED 145,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 26 August 2026.

Key facts

Type
2-bed apartment
Size
1,800 sqft
Floor
2nd of 7
Parking
Building 5-B3-48
Developer
Souq Residences
Completed
2009
Service charge
AED 27,900 /yr
Last sold
AED 2.35M · September 2023

About 5203, Golden Mile 05

5203 is a two-bedroom apartment of 1,800 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 14 September 2023 for AED 2,350,000, or AED 1,305 per sqft, in line with the AED 1,334 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 26 August 2026, is AED 225,000 a year: a gross yield of 9.6% on the 2023 price, before the service charge of about AED 27,900 a year.

Sales and rents for 5203 over time

Sales
Unit 5203, 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 1,330,000 (AED 739 per sqft)Sold, September 2023: AED 2,350,000 (AED 1,305 per sqft)

5203 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5203, each contractTypical two-bed in Golden Mile 05
100K200K2014201820222026Typical 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, July 2015: AED 168,000 a yearRenewal, July 2016: AED 168,000 a yearNew contract, November 2016: AED 168,000 a yearNew contract, December 2017: AED 145,000 a yearRenewal, December 2018: AED 130,000 a yearNew contract, July 2020: AED 85,000 a yearNew contract, October 2021: AED 110,000 a yearNew contract, October 2022: AED 115,500 a yearNew contract, August 2025: AED 250,000 a yearNew contract, August 2026: AED 225,000 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 5203 sits

All 42 2-beds →

5203 last sold in September 2023 at AED 1,305 per sqft, in line with what two-beds in Golden Mile 05 were fetching at the time (AED 1,334). 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. 5203's AED 225,000 is in the upper 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 2nd floor

All 83 units in Golden Mile 05
Value
52011-bedAED 1.04M · May 2009
52022-bedAED 2M · Jun 2022
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

5203, Golden Mile 05 in numbers

  • Sold twice: first on 21 May 2009 for AED 1,330,000, last on 14 September 2023 for AED 2,350,000 (AED 1,305 per sqft).
  • Rented since July 2015 on 10 Ejari contracts. The rent fell from AED 168,000 to AED 85,000 in 2020 and recovered to AED 225,000 by August 2026.
  • At AED 225,000 a year the gross yield on the 2023 price is 9.6%, 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 26 August 2026.

Questions about 5203, Golden Mile 05

What did unit 5203 last sell for?

AED 2,350,000 on 14 September 2023: AED 1,305 per sqft for 1,800 sqft. The unit has 2 registered sales; the first was AED 1,330,000 in May 2009.

What is the rent for unit 5203?

AED 225,000 a year on the contract signed on 26 August 2026. The previous contract, from August 2025, was AED 250,000; the unit has been rented since July 2015.

How big is unit 5203?

1,800 sqft (167.2 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2009.

What is unit 5203 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 5203, Golden Mile 05

Starts from the last sale price (AED 2.35M, 14 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

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