1-bed · 1,288 sqftGolden Mile 05, Palm Jumeirah · 4th floor · completed 2009

5406, Golden Mile 05

Sold prices and rental history: sold once, by the developer in June 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5406 · DLD and Ejari recordsUpdated 10 September 2026
Last soldAED 2.13M5 June 2014
Current rentAED 117K /yr10 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5406, Golden Mile 05

What is 5406 worth today?

Last sold for AED 2,127,500 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Sep 2026RentedNew contract
AED 116,886/yr12 months · AED 91 per sqft
10 Sep 2024RentedNew contract
AED 96,600/yr12 months · AED 75 per sqft
10 Sep 2023RentedNew contract
AED 84,000/yr12 months · AED 65 per sqft
10 Sep 2022RentedRenewal
AED 84,000/yr12 months · AED 65 per sqft
10 Sep 2021RentedNew contract
AED 80,000/yr12 months · AED 62 per sqft
20 Jun 2020RentedNew contract
AED 65,000/yr12 months · AED 50 per sqft
15 Dec 2018RentedRenewal
AED 105,000/yr12 months · AED 81 per sqft
15 Dec 2017RentedNew contract
AED 105,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 10 September 2026.

Key facts

Type
1-bed apartment
Size
1,288 sqft
Floor
4th of 7
Parking
Building 5-B3-81
Developer
Souq Residences
Completed
2009
Service charge
AED 20,000 /yr
Last sold
AED 2.13M · June 2014

About 5406, Golden Mile 05

5406 is a one-bedroom apartment of 1,288 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 5 June 2014 for AED 2,127,500, or AED 1,651 per sqft, 27% above the AED 1,297 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 10 September 2026, is AED 116,886 a year: a gross yield of 5.5% on the 2014 price, before the service charge of about AED 20,000 a year.

Sales and rents for 5406 over time

Sales
Unit 5406, each saleTypical one-bed in Golden Mile 05
1M2M2009201320172021Typical sale price by year: 2009 AED 1,200,000; 2012 AED 570,000; 2014 AED 1,565,000; 2016 AED 582,500; 2018 AED 1,377,500; 2022 AED 1,460,000Sold by developer, June 2014: AED 2,127,500 (AED 1,651 per sqft)

5406 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5406, each contractTypical one-bed in Golden Mile 05
100K2015201920232027Typical rent by year: 2015 AED 115,000; 2016 AED 120,000; 2017 AED 105,000; 2018 AED 95,000; 2019 AED 85,000; 2020 AED 75,000; 2021 AED 75,000; 2022 AED 85,000; 2023 AED 101,736; 2024 AED 118,800; 2025 AED 130,000; 2026 AED 120,000New contract, December 2017: AED 105,000 a yearRenewal, December 2018: AED 105,000 a yearNew contract, June 2020: AED 65,000 a yearNew contract, September 2021: AED 80,000 a yearRenewal, September 2022: AED 84,000 a yearNew contract, September 2023: AED 84,000 a yearNew contract, September 2024: AED 96,600 a yearNew contract, September 2026: AED 116,886 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Golden Mile 05, and where 5406 sits

All 18 1-beds →

5406 last sold in June 2014 at AED 1,651 per sqft, 27% above what one-beds in Golden Mile 05 were fetching at the time (AED 1,297). 5406's AED 116,886 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 May 20252,000,000
3 Apr 20242,010,000
18 Jan 20231,500,000
9 Jun 20221,600,000
0 1-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 4th floor

All 83 units in Golden Mile 05
Value
54011-bedAED 1.65M · Feb 2015
54022-bedAED 3.8M · Jul 2025
54032-bedAED 4M · Dec 2025
54041-bedAED 1.68M · Apr 2017
54052-bedAED 1.45M · May 2009
54072-bedAED 3.7M · Jan 2026
54083-bedAED 3.42M · Dec 2017
1–7 of 11

5406, Golden Mile 05 in numbers

  • Sold once: by Souq Residences on 5 June 2014 for AED 2,127,500, or AED 1,651 per sqft.
  • Rented since December 2017 on 8 Ejari contracts. The rent fell from AED 105,000 to AED 65,000 in 2020 and recovered to AED 116,886 by September 2026.
  • At AED 116,886 a year the gross yield on the 2014 price is 5.5%, before a service charge of about AED 20,000 a year (AED 15.49 per sqft).

Source: Dubai Land Department. Updated 10 September 2026.

Questions about 5406, Golden Mile 05

What did unit 5406 last sell for?

AED 2,127,500 on 5 June 2014, sold by the developer: AED 1,651 per sqft for 1,288 sqft. It is the only registered sale of the unit.

What is the rent for unit 5406?

AED 116,886 a year on the contract signed on 10 September 2026. The previous contract, from September 2024, was AED 96,600; the unit has been rented since December 2017.

How big is unit 5406?

1,288 sqft (119.7 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2009.

What is unit 5406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 5406? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 5406, Golden Mile 05

Starts from the last sale price (AED 2.13M, 5 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,127,500
Deposit, UAE resident (20%)
AED 425,500
Deposit, non-resident (40%)
AED 851,000
Monthly over 25 years at 3.7%
AED 8,704

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