3-bed · 2,421 sqftGolden Mile 05, Palm Jumeirah · 6th floor · completed 2009

5612, Golden Mile 05

Sold prices and rental history: sold 4 times, last in June 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5612 · DLD and Ejari recordsUpdated 9 June 2015
Last soldAED 3.2M9 June 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5612, Golden Mile 05

What is 5612 worth today?

Last sold for AED 3,200,000 in 2015

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9 Jun 2015SoldOff-plan
AED 3,200,000AED 1,321 per sqft
9 Dec 2013SoldOff-plan
AED 2,500,000AED 1,032 per sqft
12 Nov 2013SoldOff-plan
AED 2,200,000AED 908 per sqft
21 May 2009Sold by developerOff-plan
AED 2,300,000AED 949 per sqft

Source: Dubai Land Department. Updated 9 June 2015.

Key facts

Type
3-bed apartment
Size
2,421 sqft
Floor
6th of 7
Parking
Building 5-B3-43
Developer
Souq Residences
Completed
2009
Service charge
AED 37,500 /yr
Last sold
AED 3.2M · June 2015

About 5612, Golden Mile 05

5612 is a three-bedroom apartment of 2,421 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 9 June 2015 for AED 3,200,000, or AED 1,321 per sqft, in line with the AED 1,321 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5612 over time

Sales
Unit 5612, each saleTypical three-bed in Golden Mile 05
2M4M6M2009201420192024Typical sale price by year: 2009 AED 2,565,000; 2013 AED 2,275,000; 2014 AED 3,600,000; 2015 AED 3,090,000; 2016 AED 2,750,000; 2022 AED 4,190,000; 2023 AED 4,600,000; 2025 AED 6,100,000Sold by developer, May 2009: AED 2,300,000 (AED 949 per sqft)Sold, November 2013: AED 2,200,000 (AED 908 per sqft)Sold, December 2013: AED 2,500,000 (AED 1,032 per sqft)Sold, June 2015: AED 3,200,000 (AED 1,321 per sqft)

5612 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5612, each contractTypical three-bed in Golden Mile 05
200K400K2014201820222026Typical rent by year: 2014 AED 230,000; 2015 AED 225,500; 2016 AED 220,000; 2017 AED 195,000; 2018 AED 180,000; 2019 AED 170,000; 2020 AED 155,000; 2021 AED 165,400; 2022 AED 180,000; 2023 AED 188,034; 2024 AED 218,675; 2025 AED 300,000; 2026 AED 415,000

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Golden Mile 05, and where 5612 sits

All 16 3-beds →

5612 last sold in June 2015 at AED 1,321 per sqft, in line with what three-beds in Golden Mile 05 were fetching at the time (AED 1,321). Over the last 12 months three-beds sold for AED 5,830,000 to 9,500,000, around AED 1,790 per sqft, and rent for AED 220,000 to 650,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
25 Sep 20265,830,000
8 Jan 20267,000,000
3 Dec 20259,500,000
30 Jun 20254,875,000
3 3-bed sales in the last 12 months

Golden Mile 05

Building

83 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%
Golden Mile 05, Palm Jumeirah: prices, sales and rents →

Other units on the 6th floor

All 83 units in Golden Mile 05
Value
56011-bedAED 1.29M · May 2009
56022-bedAED 1.31M · Sep 2020
56032-bedAED 3.8M · Nov 2025
56041-bedAED 1.6M · Jun 2022
56052-bedAED 2.7M · Mar 2024
56061-bedAED 1.63M · Aug 2015
56072-bedAED 2.1M · Mar 2016
1–7 of 11

5612, Golden Mile 05 in numbers

  • Sold 4 times: first on 21 May 2009 for AED 2,300,000, last on 9 June 2015 for AED 3,200,000 (AED 1,321 per sqft).
  • Three-beds in Golden Mile 05 sold for AED 5,830,000–9,500,000 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 9 June 2015.

Questions about 5612, Golden Mile 05

What did unit 5612 last sell for?

AED 3,200,000 on 9 June 2015: AED 1,321 per sqft for 2,421 sqft. The unit has 4 registered sales; the first was AED 2,300,000 in May 2009.

How big is unit 5612?

2,421 sqft (224.9 sqm): a three-bedroom apartment on the 6th floor of a 7-storey tower completed in 2009.

What is unit 5612 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Golden Mile 05 sold for AED 5,830,000 to 9,500,000 in the last 12 months, around AED 1,790 per sqft.

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Mortgage on 5612, Golden Mile 05

Starts from the last sale price (AED 3.2M, 9 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 3,200,000
Deposit, UAE resident (20%)
AED 640,000
Deposit, non-resident (40%)
AED 1,280,000
Monthly over 25 years at 3.7%
AED 13,092

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →