5503, Golden Mile 05
Sold prices and rental history: sold twice, last in October 2009, 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 5503, Golden Mile 05
What is 5503 worth today?
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Source: Dubai Land Department. Updated 25 November 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,800 sqft
- Floor
- 5th of 7
- Parking
- Building 5-B3-45
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 27,900 /yr
- Last sold
- AED 1.55M · October 2009
- Building
- Golden Mile 05
About 5503, Golden Mile 05
5503 is a two-bedroom apartment of 1,800 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 13 October 2009 for AED 1,550,000, or AED 861 per sqft, 4% above the AED 829 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 25 November 2025, is AED 194,250 a year: a gross yield of 12.5% on the 2009 price, before the service charge of about AED 27,900 a year.
Sales and rents for 5503 over time
5503 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 5503 sits
All 42 2-beds →5503 last sold in October 2009 at AED 861 per sqft, 4% above what two-beds in Golden Mile 05 were fetching at the time (AED 829). 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. 5503's AED 194,250 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 5th floor
All 83 units in Golden Mile 05| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5501 | 1-bed | 1,304 sqft | AED 1.68MAED 1,675,000 · Mar 2017March 2017 | 120,000 /yr | |
| 5502 | 2-bed | 1,799 sqft | AED 1.5MAED 1,500,000 · Nov 2009November 2009 | ||
| 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 |
5503, Golden Mile 05 in numbers
- Sold twice: first on 18 October 2004 for AED 1,600,000, last on 13 October 2009 for AED 1,550,000 (AED 861 per sqft).
- Rented since September 2014 on 11 Ejari contracts. The rent fell from AED 170,000 to AED 87,000 in 2020 and recovered to AED 194,250 by November 2025.
- At AED 194,250 a year the gross yield on the 2009 price is 12.5%, before a service charge of about AED 27,900 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 25 November 2025.
Questions about 5503, Golden Mile 05
What did unit 5503 last sell for?
AED 1,550,000 on 13 October 2009: AED 861 per sqft for 1,800 sqft. The unit has 2 registered sales; the first was AED 1,600,000 in October 2004.
What is the rent for unit 5503?
AED 194,250 a year on the contract renewed on 25 November 2025. The previous contract, from October 2024, was AED 185,000; the unit has been rented since September 2014.
How big is unit 5503?
1,800 sqft (167.2 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2009.
What is unit 5503 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 5503, Golden Mile 05
Starts from the last sale price (AED 1.55M, 13 October 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,550,000
- Deposit, UAE resident (20%)
- AED 310,000
- Deposit, non-resident (40%)
- AED 620,000
- Monthly over 25 years at 3.7%
- AED 6,342
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →