3-bed · 2,421 sqftGolden Mile 05, Palm Jumeirah · 3rd floor · completed 2009

5312, Golden Mile 05

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5312 · DLD and Ejari recordsUpdated 24 September 2026
Last soldAED 2M21 May 2009
Current rentAED 245K /yr24 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5312, Golden Mile 05

What is 5312 worth today?

Last sold for AED 2,000,000 in 2009

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24 Sep 2026RentedNew contract
AED 245,000/yr12 months · AED 101 per sqft
1 Jul 2024RentedRenewal
AED 201,000/yr12 months · AED 83 per sqft
1 Jul 2023RentedNew contract
AED 167,475/yr12 months · AED 69 per sqft
1 Jul 2022RentedRenewal
AED 159,500/yr12 months · AED 66 per sqft
1 Jul 2021RentedNew contract
AED 145,000/yr12 months · AED 60 per sqft
20 Dec 2020RentedNew contract
AED 192,000/yr6 months · AED 79 per sqft
18 Apr 2020RentedRenewal
AED 150,000/yr12 months · AED 62 per sqft
8 Dec 2017RentedRenewal
AED 160,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 24 September 2026.

Key facts

Type
3-bed apartment
Size
2,421 sqft
Floor
3rd of 7
Parking
Building 5-B3-94
Developer
Souq Residences
Completed
2009
Service charge
AED 37,500 /yr
Last sold
AED 2M · May 2009

About 5312, Golden Mile 05

5312 is a three-bedroom apartment of 2,421 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 2,000,000, or AED 825 per sqft, in line with the AED 811 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 24 September 2026, is AED 245,000 a year: a gross yield of 12.3% on the 2009 price, before the service charge of about AED 37,500 a year.

Sales and rents for 5312 over time

Sales
Unit 5312, 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 2,000,000 (AED 825 per sqft)

5312 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5312, 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, June 2014: AED 220,000 a yearNew contract, December 2016: AED 195,000 a yearRenewal, December 2017: AED 160,000 a yearRenewal, April 2020: AED 150,000 a yearNew contract, December 2020: AED 192,000 a yearNew contract, July 2021: AED 145,000 a yearRenewal, July 2022: AED 159,500 a yearNew contract, July 2023: AED 167,475 a yearRenewal, July 2024: AED 201,000 a yearNew contract, September 2026: AED 245,000 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 5312 sits

All 16 3-beds →

5312 last sold in May 2009 at AED 825 per sqft, in line with what three-beds in Golden Mile 05 were fetching at the time (AED 811). 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. 5312's AED 245,000 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

5312, Golden Mile 05 in numbers

  • Sold once: by Souq Residences on 21 May 2009 for AED 2,000,000, or AED 825 per sqft.
  • Rented since June 2014 on 10 Ejari contracts. The rent fell from AED 220,000 to AED 145,000 in 2021 and recovered to AED 245,000 by September 2026.
  • At AED 245,000 a year the gross yield on the 2009 price is 12.3%, before a service charge of about AED 37,500 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 24 September 2026.

Questions about 5312, Golden Mile 05

What did unit 5312 last sell for?

AED 2,000,000 on 21 May 2009, sold by the developer: AED 825 per sqft for 2,421 sqft. It is the only registered sale of the unit.

What is the rent for unit 5312?

AED 245,000 a year on the contract signed on 24 September 2026. The previous contract, from July 2024, was AED 201,000; the unit has been rented since June 2014.

How big is unit 5312?

2,421 sqft (224.9 sqm): a three-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2009.

What is unit 5312 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 5312, Golden Mile 05

Starts from the last sale price (AED 2M, 21 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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