1-bed · 1,307 sqftGolden Mile 02, Palm Jumeirah · 2nd floor · completed 2009

2204, Golden Mile 02

Sold prices and rental history: sold 3 times, last in March 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2204 · DLD and Ejari recordsUpdated 31 March 2022
Last soldAED 1.55M31 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2204, Golden Mile 02

What is 2204 worth today?

Last sold for AED 1,550,000 in 2022

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31 Mar 2022SoldReady
AED 1,550,000AED 1,186 per sqft
9 Mar 2011SoldOff-plan
AED 900,000AED 688 per sqft
20 May 2009Sold by developerOff-plan
AED 893,000AED 683 per sqft

Source: Dubai Land Department. Updated 31 March 2022.

Key facts

Type
1-bed apartment
Size
1,307 sqft
Floor
2nd of 7
Parking
Building 2-B3-113
Developer
Souq Residences
Completed
2009
Service charge
AED 20,900 /yr
Last sold
AED 1.55M · March 2022

About 2204, Golden Mile 02

2204 is a one-bedroom apartment of 1,307 sqft on the 2nd floor of Golden Mile 02, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 31 March 2022 for AED 1,550,000, or AED 1,186 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2204 over time

Sales
Unit 2204, each saleTypical one-bed in Golden Mile 02
1M2M2009201420192024Typical sale price by year: 2009 AED 1,000,000; 2011 AED 980,000; 2013 AED 1,280,000; 2015 AED 1,600,000; 2022 AED 1,520,000; 2023 AED 1,875,000; 2025 AED 2,650,000Sold by developer, May 2009: AED 893,000 (AED 683 per sqft)Sold, March 2011: AED 900,000 (AED 688 per sqft)Sold, March 2022: AED 1,550,000 (AED 1,186 per sqft)

2204 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2204, each contractTypical one-bed in Golden Mile 02
100K2014201820222026Typical rent by year: 2014 AED 113,500; 2016 AED 115,900; 2017 AED 110,000; 2018 AED 100,000; 2019 AED 90,000; 2020 AED 75,000; 2021 AED 70,000; 2022 AED 80,500; 2023 AED 104,500; 2024 AED 126,000; 2025 AED 130,000; 2026 AED 120,375

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Golden Mile 02, and where 2204 sits

All 18 1-beds →

Over the last 12 months one-beds sold for AED 2,450,000 to 2,730,000, around AED 1,986 per sqft, and rent for AED 100,000 to 155,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
8 May 20262,450,000
13 Nov 20252,730,000
7 Oct 20252,650,000
18 Feb 20252,225,000
2 1-bed sales in the last 12 months

Golden Mile 02

Building

84 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 2,093
Typical sale
AED 4.14M
Typical rent
AED 200K /yr
Typical yield
4.7%
Golden Mile 02, Palm Jumeirah: prices, sales and rents →

Other units on the 2nd floor

All 84 units in Golden Mile 02
Value
22011-bedAED 1.65M · Jan 2023
22022-bedAED 1.5M · Jan 2021
22032-bedAED 1.5M · Aug 2010
22052-bedAED 3.1M · Aug 2024
22061-bedAED 2.1M · Oct 2023
22072-bedAED 1.45M · May 2021
22083-bedAED 2.47M · Jun 2009
1–7 of 11

2204, Golden Mile 02 in numbers

  • Sold 3 times: first on 20 May 2009 for AED 893,000, last on 31 March 2022 for AED 1,550,000 (AED 1,186 per sqft).
  • One-beds in Golden Mile 02 sold for AED 2,450,000–2,730,000 in the 12 months to November 2026; the building's median across all types is AED 2,093 per sqft.

Source: Dubai Land Department. Updated 31 March 2022.

Questions about 2204, Golden Mile 02

What did unit 2204 last sell for?

AED 1,550,000 on 31 March 2022: AED 1,186 per sqft for 1,307 sqft. The unit has 3 registered sales; the first was AED 893,000 in May 2009.

How big is unit 2204?

1,307 sqft (121.4 sqm): a one-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2009.

What is unit 2204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Golden Mile 02 sold for AED 2,450,000 to 2,730,000 in the last 12 months, around AED 1,986 per sqft.

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Mortgage on 2204, Golden Mile 02

Starts from the last sale price (AED 1.55M, 31 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →