3-bed · 3,329 sqftGolden Mile 05, Palm Jumeirah · 3rd floor · completed 2009

5308, Golden Mile 05

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

Unit 5308 · DLD and Ejari recordsUpdated 16 January 2026
Last soldAED 4.2M9 January 2023
Current rentAED 415K /yr16 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5308, Golden Mile 05

What is 5308 worth today?

Last sold for AED 4,200,000 in 2023

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16 Jan 2026RentedNew contract
AED 415,000/yr12 months · AED 125 per sqft
16 Jan 2026RentedNew contract
AED 415,000/yr12 months · AED 125 per sqft
25 Aug 2025RentedRenewal
AED 340,763/yr4 months · AED 102 per sqft
25 Aug 2023RentedNew contract
AED 180,000/yr24 months · AED 54 per sqft
9 Jan 2023SoldReady
AED 4,200,000AED 1,261 per sqft
1 May 2016SoldReady
AED 3,800,000AED 1,141 per sqft
21 May 2009Sold by developerOff-plan
AED 2,500,000AED 751 per sqft

Source: Dubai Land Department. Updated 16 January 2026.

Key facts

Type
3-bed apartment
Size
3,329 sqft
Floor
3rd of 7
Parking
Building 5-B3-104
Developer
Souq Residences
Completed
2009
Service charge
AED 51,600 /yr
Last sold
AED 4.2M · January 2023

About 5308, Golden Mile 05

5308 is a three-bedroom apartment of 3,329 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 9 January 2023 for AED 4,200,000, or AED 1,261 per sqft, in line with the AED 1,237 three-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 16 January 2026, is AED 415,000 a year: a gross yield of 9.9% on the 2023 price, before the service charge of about AED 51,600 a year.

Sales and rents for 5308 over time

Sales
Unit 5308, 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 2,500,000 (AED 751 per sqft)Sold, May 2016: AED 3,800,000 (AED 1,141 per sqft)Sold, January 2023: AED 4,200,000 (AED 1,261 per sqft)

5308 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5308, 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, August 2023: AED 180,000 a yearRenewal, August 2025: AED 340,763 a yearNew contract, January 2026: AED 415,000 a yearNew contract, January 2026: AED 415,000 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 5308 sits

All 16 3-beds →

5308 last sold in January 2023 at AED 1,261 per sqft, in line with what three-beds in Golden Mile 05 were fetching at the time (AED 1,237). 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. 5308's AED 415,000 is in the lower half 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 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
53072-bedAED 1.45M · May 2009
1–7 of 11

5308, Golden Mile 05 in numbers

  • Sold 3 times: first on 21 May 2009 for AED 2,500,000, last on 9 January 2023 for AED 4,200,000 (AED 1,261 per sqft).
  • Rented since August 2023 on 4 Ejari contracts, from AED 180,000 to AED 415,000 a year.
  • At AED 415,000 a year the gross yield on the 2023 price is 9.9%, before a service charge of about AED 51,600 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 16 January 2026.

Questions about 5308, Golden Mile 05

What did unit 5308 last sell for?

AED 4,200,000 on 9 January 2023: AED 1,261 per sqft for 3,329 sqft. The unit has 3 registered sales; the first was AED 2,500,000 in May 2009.

What is the rent for unit 5308?

AED 415,000 a year on the contract signed on 16 January 2026. The previous contract, from January 2026, was AED 415,000; the unit has been rented since August 2023.

How big is unit 5308?

3,329 sqft (309.3 sqm): a three-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2009.

What is unit 5308 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.

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Mortgage on 5308, Golden Mile 05

Starts from the last sale price (AED 4.2M, 9 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,200,000
Deposit, UAE resident (20%)
AED 840,000
Deposit, non-resident (40%)
AED 1,680,000
Monthly over 25 years at 3.7%
AED 17,184

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