5409, Golden Mile 05
Sold prices and rental history: sold twice, last in August 2016, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5409, Golden Mile 05
What is 5409 worth today?
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Source: Dubai Land Department. Updated 12 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,788 sqft
- Floor
- 4th of 7
- Parking
- Building 5-B3-107
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 27,700 /yr
- Last sold
- AED 900K · August 2016
- Building
- Golden Mile 05
About 5409, Golden Mile 05
5409 is a two-bedroom apartment of 1,788 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 22 August 2016 for AED 900,000, or AED 503 per sqft, 3% above the AED 488 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 13 Ejari contracts. The current contract, signed on 12 September 2026, is AED 170,000 a year: a gross yield of 18.9% on the 2016 price, before the service charge of about AED 27,700 a year.
Sales and rents for 5409 over time
5409 has sold twice; 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 5409 sits
All 42 2-beds →5409 last sold in August 2016 at AED 503 per sqft, 3% above what two-beds in Golden Mile 05 were fetching at the time (AED 488). 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. 5409's AED 170,000 is in the lower half 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 | |
| 5405 | 2-bed | 1,808 sqft | AED 1.45MAED 1,450,000 · May 2009May 2009 | 105,600 /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 | ||
| 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 |
5409, Golden Mile 05 in numbers
- Sold twice: first on 23 May 2012 for AED 900,000, last on 22 August 2016 for AED 900,000 (AED 503 per sqft).
- Rented since December 2014 on 13 Ejari contracts. The rent fell from AED 165,000 to AED 120,000 in 2021 and recovered to AED 170,000 by September 2026.
- At AED 170,000 a year the gross yield on the 2016 price is 18.9%, before a service charge of about AED 27,700 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 12 September 2026.
Questions about 5409, Golden Mile 05
What did unit 5409 last sell for?
AED 900,000 on 22 August 2016: AED 503 per sqft for 1,788 sqft. The unit has 2 registered sales; the first was AED 900,000 in May 2012.
What is the rent for unit 5409?
AED 170,000 a year on the contract signed on 12 September 2026. The previous contract, from May 2025, was AED 210,000; the unit has been rented since December 2014.
How big is unit 5409?
1,788 sqft (166.1 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2009.
What is unit 5409 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 5409, Golden Mile 05
Starts from the last sale price (AED 900K, 22 August 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 900,000
- Deposit, UAE resident (20%)
- AED 180,000
- Deposit, non-resident (40%)
- AED 360,000
- Monthly over 25 years at 3.7%
- AED 3,682
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →