5510, Golden Mile 05
Sold prices and rental history: sold twice, last in April 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5510, Golden Mile 05
What is 5510 worth today?
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Source: Dubai Land Department. Updated 22 April 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,794 sqft
- Floor
- 5th of 7
- Parking
- Building 5-B3-36
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 27,800 /yr
- Last sold
- AED 2.3M · April 2022
- Building
- Golden Mile 05
About 5510, Golden Mile 05
5510 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 22 April 2022 for AED 2,300,000, or AED 1,281 per sqft.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 1 January 2022, is AED 105,000 a year: a gross yield of 4.6% on the 2022 price, before the service charge of about AED 27,800 a year.
Sales and rents for 5510 over time
5510 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 5510 sits
All 42 2-beds →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. 5510's AED 105,000 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 | |
| 5509 | 2-bed | 1,794 sqft | AED 3.75MAED 3,750,000 · Mar 2025March 2025 | 104,500 /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 |
5510, Golden Mile 05 in numbers
- Sold twice: first on 30 March 2011 for AED 1,850,000, last on 22 April 2022 for AED 2,300,000 (AED 1,281 per sqft).
- Rented since September 2016 on 7 Ejari contracts, from AED 150,000 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2022 price is 4.6%, 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 22 April 2022.
Questions about 5510, Golden Mile 05
What did unit 5510 last sell for?
AED 2,300,000 on 22 April 2022: AED 1,281 per sqft for 1,794 sqft. The unit has 2 registered sales; the first was AED 1,850,000 in March 2011.
What is the rent for unit 5510?
AED 105,000 a year on the contract renewed on 1 January 2022. The previous contract, from December 2020, was AED 96,124; the unit has been rented since September 2016.
How big is unit 5510?
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 5510 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 5510, Golden Mile 05
Starts from the last sale price (AED 2.3M, 22 April 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,300,000
- Deposit, UAE resident (20%)
- AED 460,000
- Deposit, non-resident (40%)
- AED 920,000
- Monthly over 25 years at 3.7%
- AED 9,410
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →