5207, Golden Mile 05
Sold prices and rental history: sold 3 times, last in November 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5207, Golden Mile 05
What is 5207 worth today?
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Source: Dubai Land Department. Updated 9 November 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,887 sqft
- Floor
- 2nd of 7
- Parking
- Building 5-B3-73
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 29,200 /yr
- Last sold
- AED 1.95M · November 2022
- Building
- Golden Mile 05
About 5207, Golden Mile 05
5207 is a two-bedroom apartment of 1,887 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 9 November 2022 for AED 1,950,000, or AED 1,033 per sqft, 14% below the AED 1,196 two-beds in the building were fetching at the time.
It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 10 September 2021, is AED 110,000 a year: a gross yield of 5.6% on the 2022 price, before the service charge of about AED 29,200 a year.
Sales and rents for 5207 over time
5207 has sold 3 times; 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 5207 sits
All 42 2-beds →5207 last sold in November 2022 at AED 1,033 per sqft, 14% below what two-beds in Golden Mile 05 were fetching at the time (AED 1,196). 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. 5207's AED 110,000 is at the bottom 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 2nd floor
All 83 units in Golden Mile 05| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5201 | 1-bed | 1,304 sqft | AED 1.04MAED 1,035,500 · May 2009May 2009 | 130,000 /yr | |
| 5202 | 2-bed | 1,799 sqft | AED 2MAED 2,000,000 · Jun 2022June 2022 | 83,077 /yr | |
| 5203 | 2-bed | 1,800 sqft | AED 2.35MAED 2,350,000 · Sep 2023September 2023 | 225,000 /yr | |
| 5204 | 1-bed | 1,307 sqft | AED 2MAED 2,000,000 · May 2025May 2025 | 80,333 /yr | |
| 5205 | 2-bed | 1,808 sqft | AED 1.93MAED 1,925,000 · May 2013May 2013 | 120,000 /yr | |
| 5206 | 1-bed | 1,288 sqft | AED 1.16MAED 1,160,000 · Mar 2019March 2019 | 114,000 /yr | |
| 5208 | 3-bed | 3,329 sqft | AED 2.47MAED 2,470,000 · May 2009May 2009 | 295,000 /yr | |
| 5209 | 2-bed | 1,788 sqft | AED 2.35MAED 2,350,000 · Feb 2023February 2023 | 245,000 /yr | |
| 5210 | 2-bed | 1,794 sqft | AED 3.25MAED 3,250,000 · Oct 2023October 2023 | 115,000 /yr | |
| 5211 | 2-bed | 1,794 sqft | AED 3.99MAED 3,988,888 · Mar 2025March 2025 | 144,000 /yr | |
| 5212 | 3-bed | 2,421 sqft | AED 2.13MAED 2,125,000 · Feb 2021February 2021 | 150,000 /yr |
5207, Golden Mile 05 in numbers
- Sold 3 times: first on 21 May 2009 for AED 1,400,000, last on 9 November 2022 for AED 1,950,000 (AED 1,033 per sqft).
- Rented since September 2019 on 3 Ejari contracts, from AED 120,000 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2022 price is 5.6%, before a service charge of about AED 29,200 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 9 November 2022.
Questions about 5207, Golden Mile 05
What did unit 5207 last sell for?
AED 1,950,000 on 9 November 2022: AED 1,033 per sqft for 1,887 sqft. The unit has 3 registered sales; the first was AED 1,400,000 in May 2009.
What is the rent for unit 5207?
AED 110,000 a year on the contract renewed on 10 September 2021. The previous contract, from September 2020, was AED 110,000; the unit has been rented since September 2019.
How big is unit 5207?
1,887 sqft (175.3 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2009.
What is unit 5207 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 5207, Golden Mile 05
Starts from the last sale price (AED 1.95M, 9 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,950,000
- Deposit, UAE resident (20%)
- AED 390,000
- Deposit, non-resident (40%)
- AED 780,000
- Monthly over 25 years at 3.7%
- AED 7,978
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →