5707, Golden Mile 05
Sold prices and rental history: sold 3 times, last in June 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5707, Golden Mile 05
What is 5707 worth today?
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Source: Dubai Land Department. Updated 24 June 2021.
Key facts
- Type
- Penthouse apartment
- Size
- 5,111 sqft
- Floor
- 7th of 7
- Parking
- Building 5-B3-117,118
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 79,200 /yr
- Last sold
- AED 3.73M · June 2021
- Building
- Golden Mile 05
About 5707, Golden Mile 05
5707 is a penthouse of 5,111 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 June 2021 for AED 3,725,000, or AED 728 per sqft.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 1 March 2020, is AED 175,000 a year: a gross yield of 4.7% on the 2021 price, before the service charge of about AED 79,200 a year.
Sales and rents for 5707 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 5707 sits
All 7 penthouses →5707's AED 175,000 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 | ||
| 10 Jan 202110 January 2021 | 3,946 sqft | 2,800,000 | 709 | ||
| 1 Mar 20181 March 2018 | 10,222 sqft | 7,065,000 | 691 |
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 | |
| 5706 | Penthouse | 4,442 sqft | AED 5.04MAED 5,035,000 · Jan 2018January 2018 | 475,000 /yr |
5707, Golden Mile 05 in numbers
- Sold 3 times: first on 28 October 2013 for AED 3,200,000, last on 24 June 2021 for AED 3,725,000 (AED 728 per sqft).
- Rented since June 2014 on 6 Ejari contracts, from AED 288,462 to AED 175,000 a year.
- At AED 175,000 a year the gross yield on the 2021 price is 4.7%, before a service charge of about AED 79,200 a year (AED 15.49 per sqft).
Source: Dubai Land Department. Updated 24 June 2021.
Questions about 5707, Golden Mile 05
What did unit 5707 last sell for?
AED 3,725,000 on 24 June 2021: AED 728 per sqft for 5,111 sqft. The unit has 3 registered sales; the first was AED 3,200,000 in October 2013.
What is the rent for unit 5707?
AED 175,000 a year on the contract signed on 1 March 2020. The previous contract, from January 2019, was AED 210,000; the unit has been rented since June 2014.
How big is unit 5707?
5,111 sqft (474.8 sqm): a penthouse on the 7th floor of a 7-storey tower completed in 2009.
What is unit 5707 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 5707, Golden Mile 05
Starts from the last sale price (AED 3.73M, 24 June 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 3,725,000
- Deposit, UAE resident (20%)
- AED 745,000
- Deposit, non-resident (40%)
- AED 1,490,000
- Monthly over 25 years at 3.7%
- AED 15,240
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →