5501, Golden Mile 05
Sold prices and rental history: sold 3 times, last in March 2017, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5501, Golden Mile 05
What is 5501 worth today?
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Source: Dubai Land Department. Updated 19 July 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,304 sqft
- Floor
- 5th of 7
- Parking
- Building 5-B3-127
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 20,200 /yr
- Last sold
- AED 1.68M · March 2017
- Building
- Golden Mile 05
About 5501, Golden Mile 05
5501 is a one-bedroom apartment of 1,304 sqft on the 5th floor of Golden Mile 05, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 7 March 2017 for AED 1,675,000, or AED 1,284 per sqft, 182% above the AED 455 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 19 July 2026, is AED 120,000 a year: a gross yield of 7.2% on the 2017 price, before the service charge of about AED 20,200 a year.
Sales and rents for 5501 over time
5501 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 5501 sits
All 18 1-beds →5501 last sold in March 2017 at AED 1,284 per sqft, 182% above what one-beds in Golden Mile 05 were fetching at the time (AED 455). 5501's AED 120,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 May 202529 May 2025 | 1,307 sqft | 2,000,000 | 1,530 | ||
| 3 Apr 20243 April 2024 | 1,288 sqft | 2,010,000 | 1,560 | ||
| 18 Jan 202318 January 2023 | 1,307 sqft | 1,500,000 | 1,147 | ||
| 9 Jun 20229 June 2022 | 1,307 sqft | 1,600,000 | 1,224 |
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 5th floor
All 83 units in Golden Mile 05| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5502 | 2-bed | 1,799 sqft | AED 1.5MAED 1,500,000 · Nov 2009November 2009 | ||
| 5503 | 2-bed | 1,800 sqft | AED 1.55MAED 1,550,000 · Oct 2009October 2009 | 194,250 /yr | |
| 5504 | 1-bed | 657 sqft | AED 725KAED 725,000 · Jun 2016June 2016 | 110,000 /yr | |
| 5505 | 2-bed | 1,808 sqft | AED 1.55MAED 1,550,000 · Dec 2012December 2012 | ||
| 5506 | 1-bed | 1,288 sqft | AED 1.46MAED 1,460,000 · Jan 2022January 2022 | 165,000 /yr | |
| 5507 | 2-bed | 1,887 sqft | AED 1.3MAED 1,300,000 · Feb 2020February 2020 | 145,000 /yr | |
| 5508 | 3-bed | 3,329 sqft | AED 4.63MAED 4,625,000 · Oct 2014October 2014 | 650,000 /yr | |
| 5509 | 2-bed | 1,794 sqft | AED 3.75MAED 3,750,000 · Mar 2025March 2025 | 104,500 /yr | |
| 5510 | 2-bed | 1,794 sqft | AED 2.3MAED 2,300,000 · Apr 2022April 2022 | 105,000 /yr | |
| 5511 | 2-bed | 1,794 sqft | AED 2.85MAED 2,850,000 · Nov 2014November 2014 | 187,000 /yr | |
| 5512 | 3-bed | 2,421 sqft | AED 5.83MAED 5,830,000 · Sep 2026September 2026 | 217,350 /yr |
5501, Golden Mile 05 in numbers
- Sold 3 times: first on 21 May 2012 for AED 620,000, last on 7 March 2017 for AED 1,675,000 (AED 1,284 per sqft).
- Rented since June 2015 on 11 Ejari contracts. The rent fell from AED 120,000 to AED 65,000 in 2020 and recovered to AED 120,000 by July 2026.
- At AED 120,000 a year the gross yield on the 2017 price is 7.2%, before a service charge of about AED 20,200 a year (AED 15.49 per sqft).
Source: Dubai Land Department. Updated 19 July 2026.
Questions about 5501, Golden Mile 05
What did unit 5501 last sell for?
AED 1,675,000 on 7 March 2017: AED 1,284 per sqft for 1,304 sqft. The unit has 3 registered sales; the first was AED 620,000 in May 2012.
What is the rent for unit 5501?
AED 120,000 a year on the contract renewed on 19 July 2026. The previous contract, from July 2025, was AED 120,000; the unit has been rented since June 2015.
How big is unit 5501?
1,304 sqft (121.1 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower completed in 2009.
What is unit 5501 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 5501, Golden Mile 05
Starts from the last sale price (AED 1.68M, 7 March 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,675,000
- Deposit, UAE resident (20%)
- AED 335,000
- Deposit, non-resident (40%)
- AED 670,000
- Monthly over 25 years at 3.7%
- AED 6,853
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →