5605, Golden Mile 05
Sold prices and rental history: sold 3 times, last in March 2024, 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 5605, Golden Mile 05
What is 5605 worth today?
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Source: Dubai Land Department. Updated 14 March 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,808 sqft
- Floor
- 6th of 7
- Parking
- Building 5-B3-55
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 28,000 /yr
- Last sold
- AED 2.7M · March 2024
- Building
- Golden Mile 05
About 5605, Golden Mile 05
5605 is a two-bedroom apartment of 1,808 sqft on the 6th floor of Golden Mile 05, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 14 March 2024 for AED 2,700,000, or AED 1,493 per sqft, 3% above the AED 1,448 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 2023, is AED 115,560 a year: a gross yield of 4.3% on the 2024 price, before the service charge of about AED 28,000 a year.
Sales and rents for 5605 over time
5605 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 5605 sits
All 42 2-beds →5605 last sold in March 2024 at AED 1,493 per sqft, 3% above what two-beds in Golden Mile 05 were fetching at the time (AED 1,448). 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. 5605's AED 115,560 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 6th floor
All 83 units in Golden Mile 05| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5601 | 1-bed | 656 sqft | AED 1.29MAED 1,290,000 · May 2009May 2009 | 138,000 /yr | |
| 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 | |
| 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 |
5605, Golden Mile 05 in numbers
- Sold 3 times: first on 23 May 2010 for AED 1,550,000, last on 14 March 2024 for AED 2,700,000 (AED 1,493 per sqft).
- Rented since June 2017 on 7 Ejari contracts. The rent fell from AED 125,000 to AED 90,000 in 2020 and recovered to AED 115,560 by December 2023.
- At AED 115,560 a year the gross yield on the 2024 price is 4.3%, before a service charge of about AED 28,000 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 14 March 2024.
Questions about 5605, Golden Mile 05
What did unit 5605 last sell for?
AED 2,700,000 on 14 March 2024: AED 1,493 per sqft for 1,808 sqft. The unit has 3 registered sales; the first was AED 1,550,000 in May 2010.
What is the rent for unit 5605?
AED 115,560 a year on the contract renewed on 1 December 2023. The previous contract, from December 2022, was AED 110,000; the unit has been rented since June 2017.
How big is unit 5605?
1,808 sqft (168.0 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower completed in 2009.
What is unit 5605 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 5605, Golden Mile 05
Starts from the last sale price (AED 2.7M, 14 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,700,000
- Deposit, UAE resident (20%)
- AED 540,000
- Deposit, non-resident (40%)
- AED 1,080,000
- Monthly over 25 years at 3.7%
- AED 11,047
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →