5306, Golden Mile 05
Sold prices and rental history: sold 3 times, last in April 2024, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5306, Golden Mile 05
What is 5306 worth today?
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Source: Dubai Land Department. Updated 3 April 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,288 sqft
- Floor
- 3rd of 7
- Parking
- Building 5-B3-80
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 20,000 /yr
- Last sold
- AED 2.01M · April 2024
- Building
- Golden Mile 05
About 5306, Golden Mile 05
5306 is a one-bedroom apartment of 1,288 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 3 April 2024 for AED 2,010,000, or AED 1,560 per sqft.
It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 28 October 2022, is AED 115,000 a year: a gross yield of 5.7% on the 2024 price, before the service charge of about AED 20,000 a year.
Sales and rents for 5306 over time
5306 has sold 3 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 5306 sits
All 18 1-beds →5306's AED 115,000 is in the lower half 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 | ||
| 18 Jan 202318 January 2023 | 1,307 sqft | 1,500,000 | 1,147 | ||
| 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 | |
| 5304 | 1-bed | 1,307 sqft | AED 1.5MAED 1,500,000 · Jan 2023January 2023 | 74,800 /yr | |
| 5305 | 2-bed | 1,808 sqft | AED 2.7MAED 2,700,000 · Sep 2023September 2023 | 205,000 /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 |
5306, Golden Mile 05 in numbers
- Sold 3 times: first on 23 May 2010 for AED 2,127,500, last on 3 April 2024 for AED 2,010,000 (AED 1,560 per sqft).
- Rented since May 2018 on 2 Ejari contracts, from AED 95,000 to AED 115,000 a year.
- At AED 115,000 a year the gross yield on the 2024 price is 5.7%, before a service charge of about AED 20,000 a year (AED 15.49 per sqft).
Source: Dubai Land Department. Updated 3 April 2024.
Questions about 5306, Golden Mile 05
What did unit 5306 last sell for?
AED 2,010,000 on 3 April 2024: AED 1,560 per sqft for 1,288 sqft. The unit has 3 registered sales; the first was AED 2,127,500 in May 2010.
What is the rent for unit 5306?
AED 115,000 a year on the contract signed on 28 October 2022. The previous contract, from May 2018, was AED 95,000.
How big is unit 5306?
1,288 sqft (119.7 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2009.
What is unit 5306 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 5306, Golden Mile 05
Starts from the last sale price (AED 2.01M, 3 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,010,000
- Deposit, UAE resident (20%)
- AED 402,000
- Deposit, non-resident (40%)
- AED 804,000
- Monthly over 25 years at 3.7%
- AED 8,224
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →