2-bed · 1,794 sqftGolden Mile 05, Palm Jumeirah · 2nd floor · completed 2009

5210, Golden Mile 05

Sold prices and rental history: sold 3 times, last in October 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5210 · DLD and Ejari recordsUpdated 13 October 2023
Last soldAED 3.25M13 October 2023
Current rentAED 115K /yr1 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5210, Golden Mile 05

What is 5210 worth today?

Last sold for AED 3,250,000 in 2023

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13 Oct 2023SoldReady
AED 3,250,000AED 1,811 per sqft
29 Jun 2022SoldReady
AED 2,300,000AED 1,281 per sqft
1 Jul 2021RentedNew contract
AED 115,000/yr12 months · AED 64 per sqft
1 Jul 2020RentedRenewal
AED 117,000/yr12 months · AED 65 per sqft
1 Jul 2019RentedRenewal
AED 125,000/yr12 months · AED 70 per sqft
1 Jul 2018RentedRenewal
AED 140,000/yr12 months · AED 78 per sqft
1 Jul 2017RentedNew contract
AED 140,000/yr12 months · AED 78 per sqft
28 May 2016RentedRenewal
AED 160,000/yr12 months · AED 89 per sqft

Source: Dubai Land Department. Updated 13 October 2023.

Key facts

Type
2-bed apartment
Size
1,794 sqft
Floor
2nd of 7
Parking
Building 5-B3-97
Developer
Souq Residences
Completed
2009
Service charge
AED 27,800 /yr
Last sold
AED 3.25M · October 2023

About 5210, Golden Mile 05

5210 is a two-bedroom apartment of 1,794 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 13 October 2023 for AED 3,250,000, or AED 1,811 per sqft, 36% above the AED 1,334 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 1 July 2021, is AED 115,000 a year: a gross yield of 3.5% on the 2023 price, before the service charge of about AED 27,800 a year.

Sales and rents for 5210 over time

Sales
Unit 5210, 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 1,650,000 (AED 919 per sqft)Sold, June 2022: AED 2,300,000 (AED 1,281 per sqft)Sold, October 2023: AED 3,250,000 (AED 1,811 per sqft)

5210 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5210, 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, May 2015: AED 157,500 a yearRenewal, May 2016: AED 160,000 a yearNew contract, July 2017: AED 140,000 a yearRenewal, July 2018: AED 140,000 a yearRenewal, July 2019: AED 125,000 a yearRenewal, July 2020: AED 117,000 a yearNew contract, July 2021: AED 115,000 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 5210 sits

All 42 2-beds →

5210 last sold in October 2023 at AED 1,811 per sqft, 36% above 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. 5210's AED 115,000 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
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

5210, Golden Mile 05 in numbers

  • Sold 3 times: first on 21 May 2009 for AED 1,650,000, last on 13 October 2023 for AED 3,250,000 (AED 1,811 per sqft).
  • Rented since May 2015 on 7 Ejari contracts, from AED 157,500 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2023 price is 3.5%, before a service charge of about AED 27,800 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 13 October 2023.

Questions about 5210, Golden Mile 05

What did unit 5210 last sell for?

AED 3,250,000 on 13 October 2023: AED 1,811 per sqft for 1,794 sqft. The unit has 3 registered sales; the first was AED 1,650,000 in May 2009.

What is the rent for unit 5210?

AED 115,000 a year on the contract signed on 1 July 2021. The previous contract, from July 2020, was AED 117,000; the unit has been rented since May 2015.

How big is unit 5210?

1,794 sqft (166.7 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2009.

What is unit 5210 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 5210, Golden Mile 05

Starts from the last sale price (AED 3.25M, 13 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,250,000
Deposit, UAE resident (20%)
AED 650,000
Deposit, non-resident (40%)
AED 1,300,000
Monthly over 25 years at 3.7%
AED 13,297

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