2-bed · 1,887 sqftGolden Mile 05, Palm Jumeirah · 3rd floor · completed 2009

5307, Golden Mile 05

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5307 · DLD and Ejari recordsUpdated 15 November 2025
Last soldAED 1.45M21 May 2009
Current rentAED 180K /yr15 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5307, Golden Mile 05

What is 5307 worth today?

Last sold for AED 1,450,000 in 2009

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15 Nov 2025RentedRenewal
AED 180,000/yr12 months · AED 96 per sqft
15 Nov 2024RentedNew contract
AED 180,000/yr12 months · AED 96 per sqft
3 Aug 2023RentedNew contract
AED 175,000/yr12 months · AED 93 per sqft
1 Sep 2022RentedRenewal
AED 120,000/yr12 months · AED 64 per sqft
1 Sep 2021RentedNew contract
AED 105,000/yr12 months · AED 56 per sqft
1 Sep 2020RentedNew contract
AED 85,000/yr12 months · AED 45 per sqft
1 Jun 2015RentedNew contract
AED 147,000/yr12 months · AED 78 per sqft
21 May 2009Sold by developerOff-plan
AED 1,450,000AED 768 per sqft

Source: Dubai Land Department. Updated 15 November 2025.

Key facts

Type
2-bed apartment
Size
1,887 sqft
Floor
3rd of 7
Parking
Building 5-B3-74
Developer
Souq Residences
Completed
2009
Service charge
AED 29,200 /yr
Last sold
AED 1.45M · May 2009

About 5307, Golden Mile 05

5307 is a two-bedroom apartment of 1,887 sqft on the 3rd 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 1,450,000, or AED 768 per sqft, 7% below the AED 829 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 15 November 2025, is AED 180,000 a year: a gross yield of 12.4% on the 2009 price, before the service charge of about AED 29,200 a year.

Sales and rents for 5307 over time

Sales
Unit 5307, 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 1,450,000 (AED 768 per sqft)

5307 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5307, 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, June 2015: AED 147,000 a yearNew contract, September 2020: AED 85,000 a yearNew contract, September 2021: AED 105,000 a yearRenewal, September 2022: AED 120,000 a yearNew contract, August 2023: AED 175,000 a yearNew contract, November 2024: AED 180,000 a yearRenewal, November 2025: AED 180,000 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 5307 sits

All 42 2-beds →

5307 last sold in May 2009 at AED 768 per sqft, 7% below what two-beds in Golden Mile 05 were fetching at the time (AED 829). 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. 5307's AED 180,000 is in the lower half 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 3rd floor

All 83 units in Golden Mile 05
Value
53011-bedAED 1.37M · Sep 2018
53022-bedAED 1.5M · May 2009
53032-bedAED 2M · Aug 2022
53041-bedAED 1.5M · Jan 2023
53052-bedAED 2.7M · Sep 2023
53061-bedAED 2.01M · Apr 2024
53083-bedAED 4.2M · Jan 2023
1–7 of 11

5307, Golden Mile 05 in numbers

  • Sold once: by Souq Residences on 21 May 2009 for AED 1,450,000, or AED 768 per sqft.
  • Rented since June 2015 on 7 Ejari contracts. The rent fell from AED 147,000 to AED 85,000 in 2020 and recovered to AED 180,000 by November 2025.
  • At AED 180,000 a year the gross yield on the 2009 price is 12.4%, before a service charge of about AED 29,200 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 15 November 2025.

Questions about 5307, Golden Mile 05

What did unit 5307 last sell for?

AED 1,450,000 on 21 May 2009, sold by the developer: AED 768 per sqft for 1,887 sqft. It is the only registered sale of the unit.

What is the rent for unit 5307?

AED 180,000 a year on the contract renewed on 15 November 2025. The previous contract, from November 2024, was AED 180,000; the unit has been rented since June 2015.

How big is unit 5307?

1,887 sqft (175.3 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2009.

What is unit 5307 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 5307, Golden Mile 05

Starts from the last sale price (AED 1.45M, 21 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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