3-bed · 2,421 sqftGolden Mile 05, Palm Jumeirah · 2nd floor · completed 2009

5212, Golden Mile 05

Sold prices and rental history: sold 4 times, last in February 2021, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5212 · DLD and Ejari recordsUpdated 18 February 2021
Last soldAED 2.13M18 February 2021
Current rentAED 150K /yr1 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5212, Golden Mile 05

What is 5212 worth today?

Last sold for AED 2,125,000 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

18 Feb 2021SoldReady
AED 2,125,000AED 877 per sqft
1 Jan 2020RentedNew contract
AED 150,000/yr12 months · AED 62 per sqft
18 Nov 2019RentedNew contract
AED 100,000/yr12 months · AED 41 per sqft
15 Apr 2018RentedNew contract
AED 170,000/yr12 months · AED 70 per sqft
2 Jan 2017RentedRenewal
AED 195,000/yr12 months · AED 81 per sqft
13 Mar 2016SoldOff-plan
AED 2,600,000AED 1,073 per sqft
2 Jan 2016RentedNew contract
AED 190,000/yr12 months · AED 78 per sqft
20 Oct 2015SoldOff-plan
AED 3,050,000AED 1,259 per sqft

Source: Dubai Land Department. Updated 18 February 2021.

Key facts

Type
3-bed apartment
Size
2,421 sqft
Floor
2nd of 7
Parking
Building 5-B3-93
Developer
Souq Residences
Completed
2009
Service charge
AED 37,500 /yr
Last sold
AED 2.13M · February 2021

About 5212, Golden Mile 05

5212 is a three-bedroom apartment of 2,421 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 18 February 2021 for AED 2,125,000, or AED 877 per sqft.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 1 January 2020, is AED 150,000 a year: a gross yield of 7.1% on the 2021 price, before the service charge of about AED 37,500 a year.

Sales and rents for 5212 over time

Sales
Unit 5212, 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 2,050,000 (AED 846 per sqft)Sold, October 2015: AED 3,050,000 (AED 1,259 per sqft)Sold, March 2016: AED 2,600,000 (AED 1,073 per sqft)Sold, February 2021: AED 2,125,000 (AED 877 per sqft)

5212 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5212, 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, January 2016: AED 190,000 a yearRenewal, January 2017: AED 195,000 a yearNew contract, April 2018: AED 170,000 a yearNew contract, November 2019: AED 100,000 a yearNew contract, January 2020: AED 150,000 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 5212 sits

All 16 3-beds →

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. 5212's AED 150,000 is at the bottom 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

5212, Golden Mile 05 in numbers

  • Sold 4 times: first on 21 May 2009 for AED 2,050,000, last on 18 February 2021 for AED 2,125,000 (AED 877 per sqft).
  • Rented since January 2016 on 5 Ejari contracts. The rent fell from AED 190,000 to AED 100,000 in 2019 and recovered to AED 150,000 by January 2020.
  • At AED 150,000 a year the gross yield on the 2021 price is 7.1%, before a service charge of about AED 37,500 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 18 February 2021.

Questions about 5212, Golden Mile 05

What did unit 5212 last sell for?

AED 2,125,000 on 18 February 2021: AED 877 per sqft for 2,421 sqft. The unit has 4 registered sales; the first was AED 2,050,000 in May 2009.

What is the rent for unit 5212?

AED 150,000 a year on the contract signed on 1 January 2020. The previous contract, from November 2019, was AED 100,000; the unit has been rented since January 2016.

How big is unit 5212?

2,421 sqft (224.9 sqm): a three-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2009.

What is unit 5212 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.

Selling 5212? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 5212, Golden Mile 05

Starts from the last sale price (AED 2.13M, 18 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,125,000
Deposit, UAE resident (20%)
AED 425,000
Deposit, non-resident (40%)
AED 850,000
Monthly over 25 years at 3.7%
AED 8,694

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