5504, Golden Mile 05
Sold prices and rental history: sold twice, last in June 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 5504, Golden Mile 05
What is 5504 worth today?
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Source: Dubai Land Department. Updated 7 November 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 657 sqft
- Floor
- 5th of 7
- Parking
- Building 5-B3-50
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 10,200 /yr
- Last sold
- AED 725K · June 2016
- Building
- Golden Mile 05
About 5504, Golden Mile 05
5504 is a one-bedroom apartment of 657 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 20 June 2016 for AED 725,000, or AED 1,104 per sqft.
It has been rented continuously since 2014 on 14 Ejari contracts. The current contract, signed on 7 November 2026, is AED 110,000 a year: a gross yield of 15.2% on the 2016 price, before the service charge of about AED 10,200 a year.
Sales and rents for 5504 over time
5504 has sold twice; 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 5504 sits
All 18 1-beds →5504's AED 110,000 is at the bottom 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 | |||||
|---|---|---|---|---|---|
| 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 | ||
| 5503 | 2-bed | 1,800 sqft | AED 1.55MAED 1,550,000 · Oct 2009October 2009 | 194,250 /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 |
5504, Golden Mile 05 in numbers
- Sold twice: first on 8 April 2013 for AED 1,104,300, last on 20 June 2016 for AED 725,000 (AED 1,104 per sqft).
- Rented since August 2014 on 14 Ejari contracts. The rent fell from AED 125,000 to AED 70,000 in 2021 and recovered to AED 110,000 by November 2026.
- At AED 110,000 a year the gross yield on the 2016 price is 15.2%, before a service charge of about AED 10,200 a year (AED 15.49 per sqft).
Source: Dubai Land Department. Updated 7 November 2026.
Questions about 5504, Golden Mile 05
What did unit 5504 last sell for?
AED 725,000 on 20 June 2016: AED 1,104 per sqft for 657 sqft. The unit has 2 registered sales; the first was AED 1,104,300 in April 2013.
What is the rent for unit 5504?
AED 110,000 a year on the contract signed on 7 November 2026. The previous contract, from February 2025, was AED 110,000; the unit has been rented since August 2014.
How big is unit 5504?
657 sqft (61.0 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower completed in 2009.
What is unit 5504 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 5504, Golden Mile 05
Starts from the last sale price (AED 725K, 20 June 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 725,000
- Deposit, UAE resident (20%)
- AED 145,000
- Deposit, non-resident (40%)
- AED 290,000
- Monthly over 25 years at 3.7%
- AED 2,966
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →