3-bed · 3,329 sqftGolden Mile 05, Palm Jumeirah · 2nd floor · completed 2009

5208, Golden Mile 05

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5208 · DLD and Ejari recordsUpdated 10 June 2027
Last soldAED 2.47M21 May 2009
Current rentAED 295K /yr10 June 2027
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5208, Golden Mile 05

What is 5208 worth today?

Last sold for AED 2,470,000 in 2009

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10 Jun 2027RentedRenewal
AED 295,000/yr12 months · AED 89 per sqft
10 Jun 2026RentedRenewal
AED 295,000/yr12 months · AED 89 per sqft
10 Jun 2025RentedNew contract
AED 300,000/yr12 months · AED 90 per sqft
10 Jun 2025RentedNew contract
AED 300,000/yr12 months · AED 90 per sqft
10 Nov 2024RentedRenewal
AED 300,000/yr7 months · AED 90 per sqft
10 Nov 2023RentedRenewal
AED 188,034/yr12 months · AED 57 per sqft
10 Nov 2022RentedRenewal
AED 170,940/yr12 months · AED 51 per sqft
10 Nov 2021RentedNew contract
AED 162,800/yr12 months · AED 49 per sqft

Source: Dubai Land Department. Updated 10 June 2027.

Key facts

Type
3-bed apartment
Size
3,329 sqft
Floor
2nd of 7
Parking
Building 5-B3-66
Developer
Souq Residences
Completed
2009
Service charge
AED 51,600 /yr
Last sold
AED 2.47M · May 2009

About 5208, Golden Mile 05

5208 is a three-bedroom apartment of 3,329 sqft on the 2nd floor of Golden Mile 05, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. The developer sold it on 21 May 2009 for AED 2,470,000, or AED 742 per sqft, 9% below the AED 811 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 14 Ejari contracts. The current contract, renewed on 10 June 2027, is AED 295,000 a year: a gross yield of 11.9% on the 2009 price, before the service charge of about AED 51,600 a year.

Sales and rents for 5208 over time

Sales
Unit 5208, each saleTypical three-bed in Golden Mile 05
2M4M6M2009201420192024Typical sale price by year: 2009 AED 2,565,000; 2013 AED 2,275,000; 2014 AED 3,600,000; 2015 AED 3,090,000; 2016 AED 2,750,000; 2022 AED 4,190,000; 2023 AED 4,600,000; 2025 AED 6,100,000Sold by developer, May 2009: AED 2,470,000 (AED 742 per sqft)

5208 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5208, each contractTypical three-bed in Golden Mile 05
200K400K2014201820222026Typical rent by year: 2014 AED 230,000; 2015 AED 225,500; 2016 AED 220,000; 2017 AED 195,000; 2018 AED 180,000; 2019 AED 170,000; 2020 AED 155,000; 2021 AED 165,400; 2022 AED 180,000; 2023 AED 188,034; 2024 AED 218,675; 2025 AED 300,000; 2026 AED 415,000New contract, October 2014: AED 240,000 a yearNew contract, May 2016: AED 240,000 a yearNew contract, October 2017: AED 194,872 a yearNew contract, October 2018: AED 185,000 a yearRenewal, October 2019: AED 170,000 a yearNew contract, November 2020: AED 155,000 a yearNew contract, November 2021: AED 162,800 a yearRenewal, November 2022: AED 170,940 a yearRenewal, November 2023: AED 188,034 a yearRenewal, November 2024: AED 300,000 a yearNew contract, June 2025: AED 300,000 a yearNew contract, June 2025: AED 300,000 a yearRenewal, June 2026: AED 295,000 a yearRenewal, June 2027: AED 295,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Golden Mile 05, and where 5208 sits

All 16 3-beds →

5208 last sold in May 2009 at AED 742 per sqft, 9% below what three-beds in Golden Mile 05 were fetching at the time (AED 811). Over the last 12 months three-beds sold for AED 5,830,000 to 9,500,000, around AED 1,790 per sqft, and rent for AED 220,000 to 650,000 a year. 5208's AED 295,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
25 Sep 20265,830,000
8 Jan 20267,000,000
3 Dec 20259,500,000
30 Jun 20254,875,000
3 3-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
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
1–7 of 11

5208, Golden Mile 05 in numbers

  • Sold once: by Souq Residences on 21 May 2009 for AED 2,470,000, or AED 742 per sqft.
  • Rented since October 2014 on 14 Ejari contracts. The rent fell from AED 240,000 to AED 155,000 in 2020 and recovered to AED 295,000 by June 2027.
  • At AED 295,000 a year the gross yield on the 2009 price is 11.9%, before a service charge of about AED 51,600 a year (AED 15.49 per sqft).
  • Three-beds in Golden Mile 05 sold for AED 5,830,000–9,500,000 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 10 June 2027.

Questions about 5208, Golden Mile 05

What did unit 5208 last sell for?

AED 2,470,000 on 21 May 2009, sold by the developer: AED 742 per sqft for 3,329 sqft. It is the only registered sale of the unit.

What is the rent for unit 5208?

AED 295,000 a year on the contract renewed on 10 June 2027. The previous contract, from June 2026, was AED 295,000; the unit has been rented since October 2014.

How big is unit 5208?

3,329 sqft (309.3 sqm): a three-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2009.

What is unit 5208 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Golden Mile 05 sold for AED 5,830,000 to 9,500,000 in the last 12 months, around AED 1,790 per sqft.

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Mortgage on 5208, Golden Mile 05

Starts from the last sale price (AED 2.47M, 21 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 2,470,000
Deposit, UAE resident (20%)
AED 494,000
Deposit, non-resident (40%)
AED 988,000
Monthly over 25 years at 3.7%
AED 10,106

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