5703, Golden Mile 05
Sold prices and rental history: sold 3 times, last in January 2025, 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 5703, Golden Mile 05
What is 5703 worth today?
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Source: Dubai Land Department. Updated 24 January 2025.
Key facts
- Type
- Penthouse apartment
- Size
- 4,677 sqft
- Floor
- 7th of 7
- Parking
- Building 5-B3-67, Building 5-B3-68
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 72,400 /yr
- Last sold
- AED 9.7M · January 2025
- Building
- Golden Mile 05
About 5703, Golden Mile 05
5703 is a penthouse of 4,677 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 24 January 2025 for AED 9,700,000, or AED 2,074 per sqft.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 14 May 2022, is AED 227,000 a year: a gross yield of 2.3% on the 2025 price, before the service charge of about AED 72,400 a year.
Sales and rents for 5703 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 5703 sits
All 7 penthouses →5703's AED 227,000 is at the bottom of that range.
| Recent penthouse sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Jun 202124 June 2021 | 5,111 sqft | 3,725,000 | 728 | ||
| 10 Jan 202110 January 2021 | 3,946 sqft | 2,800,000 | 709 | ||
| 1 Mar 20181 March 2018 | 10,222 sqft | 7,065,000 | 691 | ||
| 28 Jan 201828 January 2018 | 4,442 sqft | 5,035,000 | 1,133 |
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 | ||
| 5702 | Penthouse | 4,369 sqft | AED 3.1MAED 3,100,000 · Mar 2015March 2015 | 490,000 /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 |
5703, Golden Mile 05 in numbers
- Sold 3 times: first on 28 May 2009 for AED 3,350,000, last on 24 January 2025 for AED 9,700,000 (AED 2,074 per sqft).
- Rented since May 2018 on 5 Ejari contracts, from AED 215,000 to AED 227,000 a year.
- At AED 227,000 a year the gross yield on the 2025 price is 2.3%, before a service charge of about AED 72,400 a year (AED 15.49 per sqft).
Source: Dubai Land Department. Updated 24 January 2025.
Questions about 5703, Golden Mile 05
What did unit 5703 last sell for?
AED 9,700,000 on 24 January 2025: AED 2,074 per sqft for 4,677 sqft. The unit has 3 registered sales; the first was AED 3,350,000 in May 2009.
What is the rent for unit 5703?
AED 227,000 a year on the contract renewed on 14 May 2022. The previous contract, from May 2021, was AED 227,000; the unit has been rented since May 2018.
How big is unit 5703?
4,677 sqft (434.5 sqm): a penthouse on the 7th floor of a 7-storey tower completed in 2009.
What is unit 5703 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 5703, Golden Mile 05
Starts from the last sale price (AED 9.7M, 24 January 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 9,700,000
- Deposit, UAE resident (20%)
- AED 1,940,000
- Deposit, non-resident (40%)
- AED 3,880,000
- Monthly over 25 years at 3.7%
- AED 39,686
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →