5304, Golden Mile 05
Sold prices and rental history: sold 4 times, last in January 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5304, Golden Mile 05
What is 5304 worth today?
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Source: Dubai Land Department. Updated 18 January 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 1,307 sqft
- Floor
- 3rd of 7
- Parking
- Building 5-B3-52
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 20,200 /yr
- Last sold
- AED 1.5M · January 2023
- Building
- Golden Mile 05
About 5304, Golden Mile 05
5304 is a one-bedroom apartment of 1,307 sqft on the 3rd floor of Golden Mile 05, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 18 January 2023 for AED 1,500,000, or AED 1,147 per sqft, in line with the AED 1,140 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 1 June 2022, is AED 74,800 a year: a gross yield of 5.0% on the 2023 price, before the service charge of about AED 20,200 a year.
Sales and rents for 5304 over time
5304 has sold 4 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Golden Mile 05, and where 5304 sits
All 18 1-beds →5304 last sold in January 2023 at AED 1,147 per sqft, in line with what one-beds in Golden Mile 05 were fetching at the time (AED 1,140). 5304's AED 74,800 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 May 202529 May 2025 | 1,307 sqft | 2,000,000 | 1,530 | ||
| 3 Apr 20243 April 2024 | 1,288 sqft | 2,010,000 | 1,560 | ||
| 9 Jun 20229 June 2022 | 1,307 sqft | 1,600,000 | 1,224 | ||
| 7 Feb 20227 February 2022 | 1,409 sqft | 1,180,000 | 837 |
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 3rd floor
All 83 units in Golden Mile 05| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5301 | 1-bed | 1,304 sqft | AED 1.37MAED 1,370,000 · Sep 2018September 2018 | 150,000 /yr | |
| 5302 | 2-bed | 1,799 sqft | AED 1.5MAED 1,500,000 · May 2009May 2009 | 148,891 /yr | |
| 5303 | 2-bed | 1,800 sqft | AED 2MAED 2,000,000 · Aug 2022August 2022 | 190,000 /yr | |
| 5305 | 2-bed | 1,808 sqft | AED 2.7MAED 2,700,000 · Sep 2023September 2023 | 205,000 /yr | |
| 5306 | 1-bed | 1,288 sqft | AED 2.01MAED 2,010,000 · Apr 2024April 2024 | 115,000 /yr | |
| 5307 | 2-bed | 1,887 sqft | AED 1.45MAED 1,450,000 · May 2009May 2009 | 180,000 /yr | |
| 5308 | 3-bed | 3,329 sqft | AED 4.2MAED 4,200,000 · Jan 2023January 2023 | 415,000 /yr | |
| 5309 | 2-bed | 1,788 sqft | AED 3.1MAED 3,100,000 · Jan 2024January 2024 | 149,598 /yr | |
| 5310 | 2-bed | 1,794 sqft | AED 2.5MAED 2,500,000 · Mar 2023March 2023 | 115,000 /yr | |
| 5311 | 2-bed | 1,794 sqft | AED 2.32MAED 2,320,000 · Aug 2017August 2017 | 240,000 /yr | |
| 5312 | 3-bed | 2,421 sqft | AED 2MAED 2,000,000 · May 2009May 2009 | 245,000 /yr |
5304, Golden Mile 05 in numbers
- Sold 4 times: first on 21 May 2012 for AED 570,000, last on 18 January 2023 for AED 1,500,000 (AED 1,147 per sqft).
- Rented since November 2016 on 7 Ejari contracts, from AED 115,000 to AED 74,800 a year.
- At AED 74,800 a year the gross yield on the 2023 price is 5.0%, before a service charge of about AED 20,200 a year (AED 15.49 per sqft).
Source: Dubai Land Department. Updated 18 January 2023.
Questions about 5304, Golden Mile 05
What did unit 5304 last sell for?
AED 1,500,000 on 18 January 2023: AED 1,147 per sqft for 1,307 sqft. The unit has 4 registered sales; the first was AED 570,000 in May 2012.
What is the rent for unit 5304?
AED 74,800 a year on the contract renewed on 1 June 2022. The previous contract, from June 2021, was AED 68,000; the unit has been rented since November 2016.
How big is unit 5304?
1,307 sqft (121.4 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2009.
What is unit 5304 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 5304, Golden Mile 05
Starts from the last sale price (AED 1.5M, 18 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →