2-bed · 1,794 sqftGolden Mile 05, Palm Jumeirah · 3rd floor · completed 2009

5311, Golden Mile 05

Sold prices and rental history: sold 3 times, last in August 2017, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5311 · DLD and Ejari recordsUpdated 7 December 2025
Last soldAED 2.32M27 August 2017
Current rentAED 240K /yr7 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5311, Golden Mile 05

What is 5311 worth today?

Last sold for AED 2,320,000 in 2017

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7 Dec 2025RentedNew contract
AED 240,000/yr12 months · AED 134 per sqft
27 Aug 2017SoldReady
AED 2,320,000AED 1,292 per sqft
25 Jun 2016RentedNew contract
AED 160,000/yr12 months · AED 89 per sqft
22 Jun 2015RentedNew contract
AED 160,000/yr12 months · AED 89 per sqft
9 Mar 2014SoldOff-plan
AED 2,120,000AED 1,181 per sqft
21 May 2009Sold by developerOff-plan
AED 1,750,000AED 975 per sqft

Source: Dubai Land Department. Updated 7 December 2025.

Key facts

Type
2-bed apartment
Size
1,794 sqft
Floor
3rd of 7
Parking
Building 5-B3-114
Developer
Souq Residences
Completed
2009
Service charge
AED 27,800 /yr
Last sold
AED 2.32M · August 2017

About 5311, Golden Mile 05

5311 is a two-bedroom apartment of 1,794 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 27 August 2017 for AED 2,320,000, or AED 1,292 per sqft, in line with the AED 1,278 two-beds in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 7 December 2025, is AED 240,000 a year: a gross yield of 10.3% on the 2017 price, before the service charge of about AED 27,800 a year.

Sales and rents for 5311 over time

Sales
Unit 5311, 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 1,750,000 (AED 975 per sqft)Sold, March 2014: AED 2,120,000 (AED 1,181 per sqft)Sold, August 2017: AED 2,320,000 (AED 1,292 per sqft)

5311 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5311, each contractTypical two-bed in Golden Mile 05
100K200K2014201820222026Typical 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 160,000 a yearNew contract, June 2016: AED 160,000 a yearNew contract, December 2025: AED 240,000 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 5311 sits

All 42 2-beds →

5311 last sold in August 2017 at AED 1,292 per sqft, in line with what two-beds in Golden Mile 05 were fetching at the time (AED 1,278). 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. 5311's AED 240,000 is in the upper 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
53072-bedAED 1.45M · May 2009
1–7 of 11

5311, Golden Mile 05 in numbers

  • Sold 3 times: first on 21 May 2009 for AED 1,750,000, last on 27 August 2017 for AED 2,320,000 (AED 1,292 per sqft).
  • Rented since June 2015 on 3 Ejari contracts, from AED 160,000 to AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2017 price is 10.3%, before a service charge of about AED 27,800 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 7 December 2025.

Questions about 5311, Golden Mile 05

What did unit 5311 last sell for?

AED 2,320,000 on 27 August 2017: AED 1,292 per sqft for 1,794 sqft. The unit has 3 registered sales; the first was AED 1,750,000 in May 2009.

What is the rent for unit 5311?

AED 240,000 a year on the contract signed on 7 December 2025. The previous contract, from June 2016, was AED 160,000; the unit has been rented since June 2015.

How big is unit 5311?

1,794 sqft (166.7 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2009.

What is unit 5311 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 5311, Golden Mile 05

Starts from the last sale price (AED 2.32M, 27 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,320,000
Deposit, UAE resident (20%)
AED 464,000
Deposit, non-resident (40%)
AED 928,000
Monthly over 25 years at 3.7%
AED 9,492

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