2-bed · 1,788 sqftGolden Mile 05, Palm Jumeirah · 3rd floor · completed 2009

5309, Golden Mile 05

Sold prices and rental history: sold 3 times, last in January 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5309 · DLD and Ejari recordsUpdated 28 October 2026
Last soldAED 3.1M2 January 2024
Current rentAED 150K /yr28 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5309, Golden Mile 05

What is 5309 worth today?

Last sold for AED 3,100,000 in 2024

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28 Oct 2026RentedNew contract
AED 149,598/yr12 months · AED 84 per sqft
2 Jan 2024SoldReady
AED 3,100,000AED 1,733 per sqft
29 Dec 2022RentedRenewal
AED 125,000/yr12 months · AED 70 per sqft
29 Dec 2021RentedNew contract
AED 125,000/yr12 months · AED 70 per sqft
19 Sep 2021RentedRenewal
AED 105,000/yr3 months · AED 59 per sqft
19 Sep 2020RentedRenewal
AED 100,000/yr12 months · AED 56 per sqft
19 Sep 2019RentedNew contract
AED 105,000/yr12 months · AED 59 per sqft
15 Jan 2019RentedNew contract
AED 125,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 28 October 2026.

Key facts

Type
2-bed apartment
Size
1,788 sqft
Floor
3rd of 7
Parking
Building 5-B3-108
Developer
Souq Residences
Completed
2009
Service charge
AED 27,700 /yr
Last sold
AED 3.1M · January 2024

About 5309, Golden Mile 05

5309 is a two-bedroom apartment of 1,788 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 2 January 2024 for AED 3,100,000, or AED 1,733 per sqft, 24% above the AED 1,393 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, signed on 28 October 2026, is AED 149,598 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 27,700 a year.

Sales and rents for 5309 over time

Sales
Unit 5309, 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, July 2012: AED 850,000 (AED 475 per sqft)Sold, August 2016: AED 850,000 (AED 475 per sqft)Sold, January 2024: AED 3,100,000 (AED 1,733 per sqft)

5309 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5309, 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, December 2014: AED 160,000 a yearNew contract, December 2015: AED 160,000 a yearRenewal, December 2016: AED 150,000 a yearNew contract, January 2018: AED 125,000 a yearNew contract, January 2019: AED 125,000 a yearNew contract, September 2019: AED 105,000 a yearRenewal, September 2020: AED 100,000 a yearRenewal, September 2021: AED 105,000 a yearNew contract, December 2021: AED 125,000 a yearRenewal, December 2022: AED 125,000 a yearNew contract, October 2026: AED 149,598 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 5309 sits

All 42 2-beds →

5309 last sold in January 2024 at AED 1,733 per sqft, 24% above what two-beds in Golden Mile 05 were fetching at the time (AED 1,393). 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. 5309's AED 149,598 is at the bottom 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
53072-bedAED 1.45M · May 2009
1–7 of 11

5309, Golden Mile 05 in numbers

  • Sold 3 times: first on 1 July 2012 for AED 850,000, last on 2 January 2024 for AED 3,100,000 (AED 1,733 per sqft).
  • Rented since December 2014 on 11 Ejari contracts. The rent fell from AED 160,000 to AED 100,000 in 2020 and recovered to AED 149,598 by October 2026.
  • At AED 149,598 a year the gross yield on the 2024 price is 4.8%, before a service charge of about AED 27,700 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 28 October 2026.

Questions about 5309, Golden Mile 05

What did unit 5309 last sell for?

AED 3,100,000 on 2 January 2024: AED 1,733 per sqft for 1,788 sqft. The unit has 3 registered sales; the first was AED 850,000 in July 2012.

What is the rent for unit 5309?

AED 149,598 a year on the contract signed on 28 October 2026. The previous contract, from December 2022, was AED 125,000; the unit has been rented since December 2014.

How big is unit 5309?

1,788 sqft (166.1 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2009.

What is unit 5309 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 5309, Golden Mile 05

Starts from the last sale price (AED 3.1M, 2 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

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