5509, Golden Mile 05
Sold prices and rental history: sold 3 times, last in March 2025, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5509, Golden Mile 05
What is 5509 worth today?
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Source: Dubai Land Department. Updated 27 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,794 sqft
- Floor
- 5th of 7
- Parking
- Building 5-B3-106
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 27,800 /yr
- Last sold
- AED 3.75M · March 2025
- Building
- Golden Mile 05
About 5509, Golden Mile 05
5509 is a two-bedroom apartment of 1,794 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 27 March 2025 for AED 3,750,000, or AED 2,089 per sqft, 11% above the AED 1,878 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 1 December 2022, is AED 104,500 a year: a gross yield of 2.8% on the 2025 price, before the service charge of about AED 27,800 a year.
Sales and rents for 5509 over time
5509 has sold 3 times; 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 5509 sits
All 42 2-beds →5509 last sold in March 2025 at AED 2,089 per sqft, 11% above what two-beds in Golden Mile 05 were fetching at the time (AED 1,878). 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. 5509's AED 104,500 is at the bottom 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 | ||
| 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 | |
| 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 |
5509, Golden Mile 05 in numbers
- Sold 3 times: first on 21 May 2009 for AED 1,850,000, last on 27 March 2025 for AED 3,750,000 (AED 2,089 per sqft).
- Rented since May 2017 on 7 Ejari contracts, from AED 125,000 to AED 104,500 a year.
- At AED 104,500 a year the gross yield on the 2025 price is 2.8%, before a service charge of about AED 27,800 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 27 March 2025.
Questions about 5509, Golden Mile 05
What did unit 5509 last sell for?
AED 3,750,000 on 27 March 2025: AED 2,089 per sqft for 1,794 sqft. The unit has 3 registered sales; the first was AED 1,850,000 in May 2009.
What is the rent for unit 5509?
AED 104,500 a year on the contract renewed on 1 December 2022. The previous contract, from December 2021, was AED 95,000; the unit has been rented since May 2017.
How big is unit 5509?
1,794 sqft (166.7 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2009.
What is unit 5509 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 5509, Golden Mile 05
Starts from the last sale price (AED 3.75M, 27 March 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 3,750,000
- Deposit, UAE resident (20%)
- AED 750,000
- Deposit, non-resident (40%)
- AED 1,500,000
- Monthly over 25 years at 3.7%
- AED 15,342
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →