5511, Golden Mile 05
Sold prices and rental history: sold twice, last in November 2014, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5511, Golden Mile 05
What is 5511 worth today?
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Source: Dubai Land Department. Updated 8 February 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,794 sqft
- Floor
- 5th of 7
- Parking
- Building 5-B3-112
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 27,800 /yr
- Last sold
- AED 2.85M · November 2014
- Building
- Golden Mile 05
About 5511, Golden Mile 05
5511 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 13 November 2014 for AED 2,850,000, or AED 1,588 per sqft, in line with the AED 1,588 two-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, renewed on 8 February 2026, is AED 187,000 a year: a gross yield of 6.6% on the 2014 price, before the service charge of about AED 27,800 a year.
Sales and rents for 5511 over time
5511 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 5511 sits
All 42 2-beds →5511 last sold in November 2014 at AED 1,588 per sqft, in line with what two-beds in Golden Mile 05 were fetching at the time (AED 1,588). 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. 5511's AED 187,000 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 | ||
| 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 | |
| 5512 | 3-bed | 2,421 sqft | AED 5.83MAED 5,830,000 · Sep 2026September 2026 | 217,350 /yr |
5511, Golden Mile 05 in numbers
- Sold twice: first on 21 May 2009 for AED 1,850,000, last on 13 November 2014 for AED 2,850,000 (AED 1,588 per sqft).
- Rented since January 2022 on 6 Ejari contracts, from AED 145,000 to AED 187,000 a year.
- At AED 187,000 a year the gross yield on the 2014 price is 6.6%, 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 8 February 2026.
Questions about 5511, Golden Mile 05
What did unit 5511 last sell for?
AED 2,850,000 on 13 November 2014: AED 1,588 per sqft for 1,794 sqft. The unit has 2 registered sales; the first was AED 1,850,000 in May 2009.
What is the rent for unit 5511?
AED 187,000 a year on the contract renewed on 8 February 2026. The previous contract, from February 2025, was AED 187,000; the unit has been rented since January 2022.
How big is unit 5511?
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 5511 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 5511, Golden Mile 05
Starts from the last sale price (AED 2.85M, 13 November 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 2,850,000
- Deposit, UAE resident (20%)
- AED 570,000
- Deposit, non-resident (40%)
- AED 1,140,000
- Monthly over 25 years at 3.7%
- AED 11,660
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →