2-bed · 1,887 sqftGolden Mile 05, Palm Jumeirah · 4th floor · completed 2009

5407, Golden Mile 05

Sold prices and rental history: sold twice, last in January 2026, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5407 · DLD and Ejari recordsUpdated 19 January 2026
Last soldAED 3.7M19 January 2026
Current rentAED 124K /yr3 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5407, Golden Mile 05

What is 5407 worth today?

Last sold for AED 3,700,000 in 2026

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19 Jan 2026SoldReady
AED 3,700,000AED 1,960 per sqft
3 Jun 2025RentedRenewal
AED 124,275/yr2 months · AED 66 per sqft
3 Jun 2025RentedRenewal
AED 124,275/yr2 months · AED 66 per sqft
3 Jun 2024RentedRenewal
AED 112,902/yr12 months · AED 60 per sqft
3 Jun 2023RentedRenewal
AED 107,525/yr12 months · AED 57 per sqft
3 Jun 2022RentedRenewal
AED 97,750/yr12 months · AED 52 per sqft
3 Jun 2021RentedRenewal
AED 85,000/yr12 months · AED 45 per sqft
3 Jun 2020RentedNew contract
AED 90,000/yr12 months · AED 48 per sqft

Source: Dubai Land Department. Updated 19 January 2026.

Key facts

Type
2-bed apartment
Size
1,887 sqft
Floor
4th of 7
Parking
Building 5-B3-75
Developer
Souq Residences
Completed
2009
Service charge
AED 29,200 /yr
Last sold
AED 3.7M · January 2026

About 5407, Golden Mile 05

5407 is a two-bedroom apartment of 1,887 sqft on the 4th floor of Golden Mile 05, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 19 January 2026 for AED 3,700,000, or AED 1,960 per sqft, 7% below the AED 2,112 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 13 Ejari contracts. The current contract, renewed on 3 June 2025, is AED 124,275 a year: a gross yield of 3.4% on the 2026 price, before the service charge of about AED 29,200 a year.

Sales and rents for 5407 over time

Sales
Unit 5407, 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 1,500,000 (AED 794 per sqft)Sold, January 2026: AED 3,700,000 (AED 1,960 per sqft)

5407 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5407, 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, June 2014: AED 160,000 a yearNew contract, February 2016: AED 150,000 a yearRenewal, February 2017: AED 157,500 a yearRenewal, February 2018: AED 153,620 a yearNew contract, May 2018: AED 135,000 a yearRenewal, May 2019: AED 125,000 a yearNew contract, June 2020: AED 90,000 a yearRenewal, June 2021: AED 85,000 a yearRenewal, June 2022: AED 97,750 a yearRenewal, June 2023: AED 107,525 a yearRenewal, June 2024: AED 112,902 a yearRenewal, June 2025: AED 124,275 a yearRenewal, June 2025: AED 124,275 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 5407 sits

All 42 2-beds →

5407 last sold in January 2026 at AED 1,960 per sqft, 7% below what two-beds in Golden Mile 05 were fetching at the time (AED 2,112). 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. 5407's AED 124,275 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Dec 20254,000,000
7 Nov 20253,800,000
9 Jul 20253,800,000
3 Jul 20254,100,000
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 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
54061-bedAED 2.13M · Jun 2014
54083-bedAED 3.42M · Dec 2017
1–7 of 11

5407, Golden Mile 05 in numbers

  • Sold twice: first on 21 May 2009 for AED 1,500,000, last on 19 January 2026 for AED 3,700,000 (AED 1,960 per sqft).
  • Rented since June 2014 on 13 Ejari contracts. The rent fell from AED 160,000 to AED 85,000 in 2021 and recovered to AED 124,275 by June 2025.
  • At AED 124,275 a year the gross yield on the 2026 price is 3.4%, before a service charge of about AED 29,200 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 19 January 2026.

Questions about 5407, Golden Mile 05

What did unit 5407 last sell for?

AED 3,700,000 on 19 January 2026: AED 1,960 per sqft for 1,887 sqft. The unit has 2 registered sales; the first was AED 1,500,000 in May 2009.

What is the rent for unit 5407?

AED 124,275 a year on the contract renewed on 3 June 2025. The previous contract, from June 2025, was AED 124,275; the unit has been rented since June 2014.

How big is unit 5407?

1,887 sqft (175.3 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2009.

What is unit 5407 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 5407, Golden Mile 05

Starts from the last sale price (AED 3.7M, 19 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 3,700,000
Deposit, UAE resident (20%)
AED 740,000
Deposit, non-resident (40%)
AED 1,480,000
Monthly over 25 years at 3.7%
AED 15,138

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