5405, Golden Mile 05
Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5405, Golden Mile 05
What is 5405 worth today?
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Source: Dubai Land Department. Updated 20 September 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,808 sqft
- Floor
- 4th of 7
- Parking
- Building 5-B3-57
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 28,000 /yr
- Last sold
- AED 1.45M · May 2009
- Building
- Golden Mile 05
About 5405, Golden Mile 05
5405 is a two-bedroom apartment of 1,808 sqft on the 4th 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 802 per sqft, 3% below the AED 829 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 20 September 2022, is AED 105,600 a year: a gross yield of 7.3% on the 2009 price, before the service charge of about AED 28,000 a year.
Sales and rents for 5405 over time
5405 has sold once; the dashed line is the two-bed median of each year in the building.
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 5405 sits
All 42 2-beds →5405 last sold in May 2009 at AED 802 per sqft, 3% 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. 5405's AED 105,600 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Jan 202619 January 2026 | 1,887 sqft | 3,700,000 | 1,960 | ||
| 15 Dec 202515 December 2025 | 1,800 sqft | 4,000,000 | 2,222 | ||
| 7 Nov 20257 November 2025 | 1,800 sqft | 3,800,000 | 2,111 | ||
| 9 Jul 20259 July 2025 | 1,799 sqft | 3,800,000 | 2,112 |
Golden Mile 05
Building83 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%
Other units on the 4th floor
All 83 units in Golden Mile 05| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5401 | 1-bed | 1,304 sqft | AED 1.65MAED 1,650,000 · Feb 2015February 2015 | 127,500 /yr | |
| 5402 | 2-bed | 1,799 sqft | AED 3.8MAED 3,800,000 · Jul 2025July 2025 | ||
| 5403 | 2-bed | 1,800 sqft | AED 4MAED 4,000,000 · Dec 2025December 2025 | 220,000 /yr | |
| 5404 | 1-bed | 1,307 sqft | AED 1.68MAED 1,675,000 · Apr 2017April 2017 | 110,000 /yr | |
| 5406 | 1-bed | 1,288 sqft | AED 2.13MAED 2,127,500 · Jun 2014June 2014 | 116,886 /yr | |
| 5407 | 2-bed | 1,887 sqft | AED 3.7MAED 3,700,000 · Jan 2026January 2026 | 124,275 /yr | |
| 5408 | 3-bed | 3,329 sqft | AED 3.42MAED 3,420,000 · Dec 2017December 2017 | ||
| 5409 | 2-bed | 1,788 sqft | AED 900KAED 900,000 · Aug 2016August 2016 | 170,000 /yr | |
| 5410 | 2-bed | 1,794 sqft | AED 2.8MAED 2,800,000 · Oct 2023October 2023 | 180,000 /yr | |
| 5411 | 2-bed | 1,794 sqft | AED 1.8MAED 1,800,000 · Sep 2011September 2011 | 180,000 /yr | |
| 5412 | 3-bed | 2,421 sqft | AED 3.2MAED 3,200,000 · Jul 2022July 2022 | 150,000 /yr |
5405, Golden Mile 05 in numbers
- Sold once: by Souq Residences on 21 May 2009 for AED 1,450,000, or AED 802 per sqft.
- Rented since September 2017 on 5 Ejari contracts. The rent fell from AED 130,000 to AED 80,000 in 2020 and recovered to AED 105,600 by September 2022.
- At AED 105,600 a year the gross yield on the 2009 price is 7.3%, before a service charge of about AED 28,000 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 20 September 2022.
Questions about 5405, Golden Mile 05
What did unit 5405 last sell for?
AED 1,450,000 on 21 May 2009, sold by the developer: AED 802 per sqft for 1,808 sqft. It is the only registered sale of the unit.
What is the rent for unit 5405?
AED 105,600 a year on the contract renewed on 20 September 2022. The previous contract, from September 2021, was AED 88,000; the unit has been rented since September 2017.
How big is unit 5405?
1,808 sqft (168.0 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2009.
What is unit 5405 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 5405, 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 →