3-bed · 3,329 sqftGolden Mile 05, Palm Jumeirah · 4th floor · completed 2009

5408, Golden Mile 05

Sold prices and rental history: sold once, by the developer in December 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5408 · DLD and Ejari recordsUpdated 12 December 2017
Last soldAED 3.42M12 December 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5408, Golden Mile 05

What is 5408 worth today?

Last sold for AED 3,420,000 in 2017

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12 Dec 2017Sold by developerReady
AED 3,420,000AED 1,027 per sqft

Source: Dubai Land Department. Updated 12 December 2017.

Key facts

Type
3-bed apartment
Size
3,329 sqft
Floor
4th of 7
Parking
Building 5-B3-105 , Building 5-B3-101
Developer
Souq Residences
Completed
2009
Service charge
AED 51,600 /yr
Last sold
AED 3.42M · December 2017

About 5408, Golden Mile 05

5408 is a three-bedroom apartment of 3,329 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 12 December 2017 for AED 3,420,000, or AED 1,027 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5408 over time

Sales
Unit 5408, 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, December 2017: AED 3,420,000 (AED 1,027 per sqft)

5408 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5408, 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 415,000

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 5408 sits

All 16 3-beds →

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.

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 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
54072-bedAED 3.7M · Jan 2026
1–7 of 11

5408, Golden Mile 05 in numbers

  • Sold once: by Souq Residences on 12 December 2017 for AED 3,420,000, or AED 1,027 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 12 December 2017.

Questions about 5408, Golden Mile 05

What did unit 5408 last sell for?

AED 3,420,000 on 12 December 2017, sold by the developer: AED 1,027 per sqft for 3,329 sqft. It is the only registered sale of the unit.

How big is unit 5408?

3,329 sqft (309.3 sqm): a three-bedroom apartment on the 4th floor of a 7-storey tower completed in 2009.

What is unit 5408 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 5408, Golden Mile 05

Starts from the last sale price (AED 3.42M, 12 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 3,420,000
Deposit, UAE resident (20%)
AED 684,000
Deposit, non-resident (40%)
AED 1,368,000
Monthly over 25 years at 3.7%
AED 13,992

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