3-bed · 2,421 sqftGolden Mile 05, Palm Jumeirah · 4th floor · completed 2009

5412, Golden Mile 05

Sold prices and rental history: sold 3 times, last in July 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5412 · DLD and Ejari recordsUpdated 20 July 2022
Last soldAED 3.2M20 July 2022
Current rentAED 150K /yr20 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5412, Golden Mile 05

What is 5412 worth today?

Last sold for AED 3,200,000 in 2022

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20 Jul 2022SoldReady
AED 3,200,000AED 1,321 per sqft
20 Apr 2021RentedRenewal
AED 150,000/yr12 months · AED 62 per sqft
20 Apr 2020RentedRenewal
AED 150,000/yr12 months · AED 62 per sqft
20 Apr 2019RentedRenewal
AED 150,000/yr12 months · AED 62 per sqft
20 Apr 2018RentedRenewal
AED 175,000/yr12 months · AED 72 per sqft
20 Apr 2017RentedRenewal
AED 190,000/yr12 months · AED 78 per sqft
20 Apr 2016RentedNew contract
AED 190,000/yr12 months · AED 78 per sqft
8 Jan 2015RentedNew contract
AED 180,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 20 July 2022.

Key facts

Type
3-bed apartment
Size
2,421 sqft
Floor
4th of 7
Parking
Building 5-B3-95,B3-96
Developer
Souq Residences
Completed
2009
Service charge
AED 37,500 /yr
Last sold
AED 3.2M · July 2022

About 5412, Golden Mile 05

5412 is a three-bedroom apartment of 2,421 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 20 July 2022 for AED 3,200,000, or AED 1,321 per sqft, 7% above the AED 1,237 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 20 April 2021, is AED 150,000 a year: a gross yield of 4.7% on the 2022 price, before the service charge of about AED 37,500 a year.

Sales and rents for 5412 over time

Sales
Unit 5412, 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, September 2013: AED 1,800,000 (AED 743 per sqft)Sold, October 2013: AED 2,350,000 (AED 970 per sqft)Sold, July 2022: AED 3,200,000 (AED 1,321 per sqft)

5412 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5412, 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 415,000New contract, January 2015: AED 180,000 a yearNew contract, April 2016: AED 190,000 a yearRenewal, April 2017: AED 190,000 a yearRenewal, April 2018: AED 175,000 a yearRenewal, April 2019: AED 150,000 a yearRenewal, April 2020: AED 150,000 a yearRenewal, April 2021: AED 150,000 a year

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 5412 sits

All 16 3-beds →

5412 last sold in July 2022 at AED 1,321 per sqft, 7% above what three-beds in Golden Mile 05 were fetching at the time (AED 1,237). 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. 5412's AED 150,000 is at the bottom of that range.

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

5412, Golden Mile 05 in numbers

  • Sold 3 times: first on 1 September 2013 for AED 1,800,000, last on 20 July 2022 for AED 3,200,000 (AED 1,321 per sqft).
  • Rented since January 2015 on 7 Ejari contracts, from AED 180,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2022 price is 4.7%, before a service charge of about AED 37,500 a year (AED 15.49 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 20 July 2022.

Questions about 5412, Golden Mile 05

What did unit 5412 last sell for?

AED 3,200,000 on 20 July 2022: AED 1,321 per sqft for 2,421 sqft. The unit has 3 registered sales; the first was AED 1,800,000 in September 2013.

What is the rent for unit 5412?

AED 150,000 a year on the contract renewed on 20 April 2021. The previous contract, from April 2020, was AED 150,000; the unit has been rented since January 2015.

How big is unit 5412?

2,421 sqft (224.9 sqm): a three-bedroom apartment on the 4th floor of a 7-storey tower completed in 2009.

What is unit 5412 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 5412, Golden Mile 05

Starts from the last sale price (AED 3.2M, 20 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,200,000
Deposit, UAE resident (20%)
AED 640,000
Deposit, non-resident (40%)
AED 1,280,000
Monthly over 25 years at 3.7%
AED 13,092

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