5601, Golden Mile 05
Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5601, Golden Mile 05
What is 5601 worth today?
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Source: Dubai Land Department. Updated 6 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 656 sqft
- Floor
- 6th of 7
- Parking
- Building 5-B3-126
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 10,200 /yr
- Last sold
- AED 1.29M · May 2009
- Building
- Golden Mile 05
About 5601, Golden Mile 05
5601 is a one-bedroom apartment of 656 sqft on the 6th floor of Golden Mile 05, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. The developer sold it on 24 May 2009 for AED 1,290,000, or AED 989 per sqft, 7% above the AED 926 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, renewed on 6 August 2026, is AED 138,000 a year: a gross yield of 10.7% on the 2009 price, before the service charge of about AED 10,200 a year.
Sales and rents for 5601 over time
5601 has sold once; 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 5601 sits
All 18 1-beds →5601 last sold in May 2009 at AED 989 per sqft, 7% above what one-beds in Golden Mile 05 were fetching at the time (AED 926). 5601's AED 138,000 is in the upper half 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 6th floor
All 83 units in Golden Mile 05| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5602 | 2-bed | 1,799 sqft | AED 1.31MAED 1,310,000 · Sep 2020September 2020 | 160,000 /yr | |
| 5603 | 2-bed | 1,800 sqft | AED 3.8MAED 3,800,000 · Nov 2025November 2025 | 115,000 /yr | |
| 5604 | 1-bed | 1,307 sqft | AED 1.6MAED 1,600,000 · Jun 2022June 2022 | 75,000 /yr | |
| 5605 | 2-bed | 1,808 sqft | AED 2.7MAED 2,700,000 · Mar 2024March 2024 | 115,560 /yr | |
| 5606 | 1-bed | 1,288 sqft | AED 1.63MAED 1,625,000 · Aug 2015August 2015 | 139,625 /yr | |
| 5607 | 2-bed | 1,887 sqft | AED 2.1MAED 2,100,000 · Mar 2016March 2016 | 175,000 /yr | |
| 5608 | 3-bed | 3,329 sqft | AED 4.12MAED 4,120,000 · Apr 2022April 2022 | 168,000 /yr | |
| 5609 | 2-bed | 1,788 sqft | AED 2.5MAED 2,500,000 · Mar 2023March 2023 | 138,000 /yr | |
| 5610 | 2-bed | 1,794 sqft | AED 4.1MAED 4,100,000 · Jul 2025July 2025 | 210,000 /yr | |
| 5611 | 2-bed | 1,796 sqft | AED 1.29MAED 1,287,500 · Nov 2015November 2015 | 250,000 /yr | |
| 5612 | 3-bed | 2,421 sqft | AED 3.2MAED 3,200,000 · Jun 2015June 2015 |
5601, Golden Mile 05 in numbers
- Sold once: by Souq Residences on 24 May 2009 for AED 1,290,000, or AED 989 per sqft.
- Rented since June 2018 on 9 Ejari contracts. The rent fell from AED 95,000 to AED 83,000 in 2021 and recovered to AED 138,000 by August 2026.
- At AED 138,000 a year the gross yield on the 2009 price is 10.7%, before a service charge of about AED 10,200 a year (AED 15.49 per sqft).
Source: Dubai Land Department. Updated 6 August 2026.
Questions about 5601, Golden Mile 05
What did unit 5601 last sell for?
AED 1,290,000 on 24 May 2009, sold by the developer: AED 989 per sqft for 656 sqft. It is the only registered sale of the unit.
What is the rent for unit 5601?
AED 138,000 a year on the contract renewed on 6 August 2026. The previous contract, from August 2025, was AED 145,000; the unit has been rented since June 2018.
How big is unit 5601?
656 sqft (60.9 sqm): a one-bedroom apartment on the 6th floor of a 7-storey tower completed in 2009.
What is unit 5601 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 5601, Golden Mile 05
Starts from the last sale price (AED 1.29M, 24 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,290,000
- Deposit, UAE resident (20%)
- AED 258,000
- Deposit, non-resident (40%)
- AED 516,000
- Monthly over 25 years at 3.7%
- AED 5,278
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →