5706, Golden Mile 05
Sold prices and rental history: sold once, by the developer in January 2018, 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 5706, Golden Mile 05
What is 5706 worth today?
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Source: Dubai Land Department. Updated 15 July 2026.
Key facts
- Type
- Penthouse apartment
- Size
- 4,442 sqft
- Floor
- 7th of 7
- Parking
- Building 5-B3-90, Building 5-B3-91
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 68,800 /yr
- Last sold
- AED 5.04M · January 2018
- Building
- Golden Mile 05
About 5706, Golden Mile 05
5706 is a penthouse of 4,442 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 28 January 2018 for AED 5,035,000, or AED 1,133 per sqft.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 15 July 2026, is AED 475,000 a year: a gross yield of 9.4% on the 2018 price, before the service charge of about AED 68,800 a year.
Sales and rents for 5706 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 5706 sits
All 7 penthouses →5706's AED 475,000 is at the bottom 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 | |
| 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 | |
| 5707 | Penthouse | 5,111 sqft | AED 3.73MAED 3,725,000 · Jun 2021June 2021 | 175,000 /yr |
5706, Golden Mile 05 in numbers
- Sold once: by Souq Residences on 28 January 2018 for AED 5,035,000, or AED 1,133 per sqft.
- Rented since March 2018 on 7 Ejari contracts. The rent fell from AED 230,000 to AED 200,000 in 2020 and recovered to AED 475,000 by July 2026.
- At AED 475,000 a year the gross yield on the 2018 price is 9.4%, before a service charge of about AED 68,800 a year (AED 15.49 per sqft).
Source: Dubai Land Department. Updated 15 July 2026.
Questions about 5706, Golden Mile 05
What did unit 5706 last sell for?
AED 5,035,000 on 28 January 2018, sold by the developer: AED 1,133 per sqft for 4,442 sqft. It is the only registered sale of the unit.
What is the rent for unit 5706?
AED 475,000 a year on the contract signed on 15 July 2026. The previous contract, from June 2024, was AED 450,000; the unit has been rented since March 2018.
How big is unit 5706?
4,442 sqft (412.7 sqm): a penthouse on the 7th floor of a 7-storey tower completed in 2009.
What is unit 5706 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 5706, Golden Mile 05
Starts from the last sale price (AED 5.04M, 28 January 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 5,035,000
- Deposit, UAE resident (20%)
- AED 1,007,000
- Deposit, non-resident (40%)
- AED 2,014,000
- Monthly over 25 years at 3.7%
- AED 20,600
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →