5702, Golden Mile 05
Sold prices and rental history: sold once, by the developer in March 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5702, Golden Mile 05
What is 5702 worth today?
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Source: Dubai Land Department. Updated 24 August 2026.
Key facts
- Type
- Penthouse apartment
- Size
- 4,369 sqft
- Floor
- 7th of 7
- Parking
- Building 5-B3-64,65
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 67,700 /yr
- Last sold
- AED 3.1M · March 2015
- Building
- Golden Mile 05
About 5702, Golden Mile 05
5702 is a penthouse of 4,369 sqft on the 7th floor of Golden Mile 05, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. The developer sold it on 25 March 2015 for AED 3,100,000, or AED 709 per sqft.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 24 August 2026, is AED 490,000 a year: a gross yield of 15.8% on the 2015 price, before the service charge of about AED 67,700 a year.
Sales and rents for 5702 over time
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 5702 sits
All 7 penthouses →5702's AED 490,000 is in the lower half of that range.
| Recent penthouse sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Jan 202524 January 2025 | 4,677 sqft | 9,700,000 | 2,074 | ||
| 27 Nov 202327 November 2023 | 4,677 sqft | 5,400,000 | 1,154 | ||
| 24 Jun 202124 June 2021 | 5,111 sqft | 3,725,000 | 728 | ||
| 10 Jan 202110 January 2021 | 3,946 sqft | 2,800,000 | 709 |
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 7th floor
All 83 units in Golden Mile 05| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5701 | Penthouse | 4,882 sqft | AED 5.3MAED 5,300,000 · Jul 2014July 2014 | ||
| 5703 | Penthouse | 4,677 sqft | AED 9.7MAED 9,700,000 · Jan 2025January 2025 | 227,000 /yr | |
| 5704 | Penthouse | 10,222 sqft | AED 7.07MAED 7,065,000 · Mar 2018March 2018 | 1,400,000 /yr | |
| 5705 | Penthouse | 3,946 sqft | AED 2.8MAED 2,800,000 · Jan 2021January 2021 | 195,000 /yr | |
| 5706 | Penthouse | 4,442 sqft | AED 5.04MAED 5,035,000 · Jan 2018January 2018 | 475,000 /yr | |
| 5707 | Penthouse | 5,111 sqft | AED 3.73MAED 3,725,000 · Jun 2021June 2021 | 175,000 /yr |
5702, Golden Mile 05 in numbers
- Sold once: by Souq Residences on 25 March 2015 for AED 3,100,000, or AED 709 per sqft.
- Rented since September 2015 on 9 Ejari contracts. The rent fell from AED 265,000 to AED 215,000 in 2020 and recovered to AED 490,000 by August 2026.
- At AED 490,000 a year the gross yield on the 2015 price is 15.8%, before a service charge of about AED 67,700 a year (AED 15.49 per sqft).
Source: Dubai Land Department. Updated 24 August 2026.
Questions about 5702, Golden Mile 05
What did unit 5702 last sell for?
AED 3,100,000 on 25 March 2015, sold by the developer: AED 709 per sqft for 4,369 sqft. It is the only registered sale of the unit.
What is the rent for unit 5702?
AED 490,000 a year on the contract renewed on 24 August 2026. The previous contract, from August 2025, was AED 525,000; the unit has been rented since September 2015.
How big is unit 5702?
4,369 sqft (405.9 sqm): a penthouse on the 7th floor of a 7-storey tower completed in 2009.
What is unit 5702 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 5702, Golden Mile 05
Starts from the last sale price (AED 3.1M, 25 March 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 3,100,000
- Deposit, UAE resident (20%)
- AED 620,000
- Deposit, non-resident (40%)
- AED 1,240,000
- Monthly over 25 years at 3.7%
- AED 12,683
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →