Penthouse · 4,882 sqftGolden Mile 05, Palm Jumeirah · 7th floor · completed 2009

5701, Golden Mile 05

Sold prices and rental history: sold twice, last in July 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5701 · DLD and Ejari recordsUpdated 9 July 2014
Last soldAED 5.3M9 July 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5701, Golden Mile 05

What is 5701 worth today?

Last sold for AED 5,300,000 in 2014

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9 Jul 2014SoldOff-plan
AED 5,300,000AED 1,085 per sqft
28 May 2009Sold by developerOff-plan
AED 3,277,500AED 671 per sqft

Source: Dubai Land Department. Updated 9 July 2014.

Key facts

Type
Penthouse apartment
Size
4,882 sqft
Floor
7th of 7
Parking
Building 5-B3-69,70
Developer
Souq Residences
Completed
2009
Service charge
AED 75,600 /yr
Last sold
AED 5.3M · July 2014

About 5701, Golden Mile 05

5701 is a penthouse of 4,882 sqft on the 7th floor of Golden Mile 05, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 9 July 2014 for AED 5,300,000, or AED 1,085 per sqft, 44% above the AED 753 penthouses in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5701 over time

Rents
Unit 5701, each contractTypical penthouse in Golden Mile 05
200K400K2016201920222025Typical rent by year: 2016 AED 265,000; 2017 AED 240,000; 2018 AED 215,000; 2019 AED 215,000; 2020 AED 207,500; 2022 AED 410,000; 2026 AED 490,000

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

Penthouses in Golden Mile 05, and where 5701 sits

All 7 penthouses →

5701 last sold in July 2014 at AED 1,085 per sqft, 44% above what penthouses in Golden Mile 05 were fetching at the time (AED 753).

Recent penthouse salesUnit no.Price (AED)Summary
24 Jan 20259,700,000
27 Nov 20235,400,000
24 Jun 20213,725,000
10 Jan 20212,800,000
0 penthouse 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 7th floor

All 83 units in Golden Mile 05
Value
5702PenthouseAED 3.1M · Mar 2015
5703PenthouseAED 9.7M · Jan 2025
5704PenthouseAED 7.07M · Mar 2018
5705PenthouseAED 2.8M · Jan 2021
5706PenthouseAED 5.04M · Jan 2018
5707PenthouseAED 3.73M · Jun 2021

5701, Golden Mile 05 in numbers

  • Sold twice: first on 28 May 2009 for AED 3,277,500, last on 9 July 2014 for AED 5,300,000 (AED 1,085 per sqft).

Source: Dubai Land Department. Updated 9 July 2014.

Questions about 5701, Golden Mile 05

What did unit 5701 last sell for?

AED 5,300,000 on 9 July 2014: AED 1,085 per sqft for 4,882 sqft. The unit has 2 registered sales; the first was AED 3,277,500 in May 2009.

How big is unit 5701?

4,882 sqft (453.6 sqm): a penthouse on the 7th floor of a 7-storey tower completed in 2009.

What is unit 5701 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 5701, Golden Mile 05

Starts from the last sale price (AED 5.3M, 9 July 2014). Switch to today's estimate once you have unlocked it.
Price
AED 5,300,000
Deposit, UAE resident (20%)
AED 1,060,000
Deposit, non-resident (40%)
AED 2,120,000
Monthly over 25 years at 3.7%
AED 21,684

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