2205, Golden Mile 02
Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2205, Golden Mile 02
What is 2205 worth today?
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Source: Dubai Land Department. Updated 19 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,808 sqft
- Floor
- 2nd of 7
- Parking
- Building 2-B3-131
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 28,900 /yr
- Last sold
- AED 3.1M · August 2024
- Building
- Golden Mile 02
About 2205, Golden Mile 02
2205 is a two-bedroom apartment of 1,808 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 19 August 2024 for AED 3,100,000, or AED 1,714 per sqft, 9% above the AED 1,573 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 31 October 2021, is AED 80,000 a year: a gross yield of 2.6% on the 2024 price, before the service charge of about AED 28,900 a year.
Sales and rents for 2205 over time
2205 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Golden Mile 02, and where 2205 sits
All 42 2-beds →2205 last sold in August 2024 at AED 1,714 per sqft, 9% above what two-beds in Golden Mile 02 were fetching at the time (AED 1,573). 2205's AED 80,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Oct 202516 October 2025 | 1,788 sqft | 4,075,000 | 2,279 | ||
| 20 Mar 202520 March 2025 | 2,002 sqft | 3,700,000 | 1,847 | ||
| 10 Feb 202510 February 2025 | 1,887 sqft | 3,150,000 | 1,669 | ||
| 30 Jan 202530 January 2025 | 1,788 sqft | 3,500,000 | 1,957 |
Golden Mile 02
Building84 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%
Other units on the 2nd floor
All 84 units in Golden Mile 02| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2201 | 1-bed | 1,304 sqft | AED 1.65MAED 1,650,000 · Jan 2023January 2023 | 70,000 /yr | |
| 2202 | 2-bed | 1,799 sqft | AED 1.5MAED 1,500,000 · Jan 2021January 2021 | 160,000 /yr | |
| 2203 | 2-bed | 1,800 sqft | AED 1.5MAED 1,500,000 · Aug 2010August 2010 | 203,844 /yr | |
| 2204 | 1-bed | 1,307 sqft | AED 1.55MAED 1,550,000 · Mar 2022March 2022 | ||
| 2206 | 1-bed | 1,288 sqft | AED 2.1MAED 2,100,000 · Oct 2023October 2023 | 155,000 /yr | |
| 2207 | 2-bed | 1,887 sqft | AED 1.45MAED 1,450,000 · May 2021May 2021 | 100,000 /yr | |
| 2208 | 3-bed | 3,329 sqft | AED 2.47MAED 2,472,000 · Jun 2009June 2009 | ||
| 2209 | 2-bed | 1,788 sqft | AED 1.45MAED 1,450,000 · May 2009May 2009 | 200,000 /yr | |
| 2210 | 2-bed | 1,794 sqft | AED 1.45MAED 1,450,000 · May 2009May 2009 | 165,000 /yr | |
| 2211 | 2-bed | 1,794 sqft | AED 1.48MAED 1,475,000 · Oct 2016October 2016 | ||
| 2212 | 3-bed | 2,421 sqft | AED 850KAED 850,000 · Nov 2016November 2016 | 250,000 /yr |
2205, Golden Mile 02 in numbers
- Sold twice: first on 20 May 2009 for AED 1,200,000, last on 19 August 2024 for AED 3,100,000 (AED 1,714 per sqft).
- Rented since June 2015 on 8 Ejari contracts, from AED 150,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2024 price is 2.6%, before a service charge of about AED 28,900 a year (AED 15.96 per sqft).
Source: Dubai Land Department. Updated 19 August 2024.
Questions about 2205, Golden Mile 02
What did unit 2205 last sell for?
AED 3,100,000 on 19 August 2024: AED 1,714 per sqft for 1,808 sqft. The unit has 2 registered sales; the first was AED 1,200,000 in May 2009.
What is the rent for unit 2205?
AED 80,000 a year on the contract renewed on 31 October 2021. The previous contract, from November 2020, was AED 80,216; the unit has been rented since June 2015.
How big is unit 2205?
1,808 sqft (168.0 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2009.
What is unit 2205 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 2205, Golden Mile 02
Starts from the last sale price (AED 3.1M, 19 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,100,000
- Deposit, UAE resident (20%)
- AED 620,000
- Deposit, non-resident (40%)
- AED 1,240,000
- Monthly over 25 years at 3.7%
- AED 12,683
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →