5704, Golden Mile 05
Sold prices and rental history: sold once, by the developer in March 2018, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5704, Golden Mile 05
What is 5704 worth today?
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Source: Dubai Land Department. Updated 25 September 2026.
Key facts
- Type
- Penthouse apartment
- Size
- 10,222 sqft
- Floor
- 7th of 7
- Parking
- Building 5-B3-85,86
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 158,300 /yr
- Last sold
- AED 7.07M · March 2018
- Building
- Golden Mile 05
About 5704, Golden Mile 05
5704 is a penthouse of 10,222 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 1 March 2018 for AED 7,065,000, or AED 691 per sqft.
One Ejari contract is registered, from 25 September 2026. The current contract, signed on 25 September 2026, is AED 1,400,000 a year: a gross yield of 19.8% on the 2018 price, before the service charge of about AED 158,300 a year.
Sales and rents for 5704 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 5704 sits
All 7 penthouses →5704's AED 1,400,000 is at the top 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 | ||
| 5702 | Penthouse | 4,369 sqft | AED 3.1MAED 3,100,000 · Mar 2015March 2015 | 490,000 /yr | |
| 5703 | Penthouse | 4,677 sqft | AED 9.7MAED 9,700,000 · Jan 2025January 2025 | 227,000 /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 |
5704, Golden Mile 05 in numbers
- Sold once: by Souq Residences on 1 March 2018 for AED 7,065,000, or AED 691 per sqft.
- Rented since September 2026 on one Ejari contract, at AED 1,400,000 a year.
- At AED 1,400,000 a year the gross yield on the 2018 price is 19.8%, before a service charge of about AED 158,300 a year (AED 15.49 per sqft).
Source: Dubai Land Department. Updated 25 September 2026.
Questions about 5704, Golden Mile 05
What did unit 5704 last sell for?
AED 7,065,000 on 1 March 2018, sold by the developer: AED 691 per sqft for 10,222 sqft. It is the only registered sale of the unit.
What is the rent for unit 5704?
AED 1,400,000 a year on the contract signed on 25 September 2026.
How big is unit 5704?
10,222 sqft (949.7 sqm): a penthouse on the 7th floor of a 7-storey tower completed in 2009.
What is unit 5704 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 5704, Golden Mile 05
Starts from the last sale price (AED 7.07M, 1 March 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 7,065,000
- Deposit, UAE resident (20%)
- AED 1,413,000
- Deposit, non-resident (40%)
- AED 2,826,000
- Monthly over 25 years at 3.7%
- AED 28,905
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →