The design of suitable compact antenna for 5G applications with superior return loss and bandwidth is still a fascinating task to the researchers. In this paper, the authors have designed a dual band microstrip patch antenna for 5G communications at 28 GHz and 46 GHz using CST studio. Rectangular patch antenna with double slots is considered to serve the purpose. The performance of the proposed patch antenna is very satisfactory in terms of return loss, VSWR, bandwidth and directivity. The values of S11 are well below -39dB and values of VSWR are very close to 1 for both resonance frequencies. The bandwidths for both cases are greater than 1.8 GHz which is an essential characteristic of 5G patch antennas for high speed connectivity and efficiency. Directivities are above 6 dB which are very suitable for the present problem. The simulation results are also compared with existing dual band 5G patch antennas and it has been observed that proposed antenna has outperformed the existing patch antennas that worked in 28GHz and 46GHz frequency range. The main advantage of this patch antenna is that it’s simple structure and good return loss, bandwidth and gain.