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2-bed · 1,794 sqftGolden Mile 02, Palm Jumeirah · 2nd floor · completed 2009

2211, Golden Mile 02

Sold prices and rental history: sold twice, last in October 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2211 · DLD and Ejari recordsUpdated 16 October 2016
Last soldAED 6.28M16 October 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2211, Golden Mile 02

What is 2211 worth today?

Last sold for AED 6,278,200 in 2016

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16 Oct 2016Sold by developerOff-plan
AED 6,278,200AED 3,498 per sqft
16 Oct 2016SoldOff-plan
AED 1,475,000AED 822 per sqft

Source: Dubai Land Department. Updated 16 October 2016.

Key facts

Type
2-bed apartment
Size
1,794 sqft
Floor
2nd of 7
Parking
Building 2-B3-100
Developer
Souq Residences
Completed
2009
Service charge
AED 28,600 /yr
Last sold
AED 6.28M · October 2016
Building
Golden Mile 02

About 2211, Golden Mile 02

2211 is a two-bedroom apartment of 1,794 sqft on the 2nd floor of Golden Mile 02, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. The developer sold it on 16 October 2016 for AED 6,278,200, or AED 3,498 per sqft, 193% above the AED 1,195 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2211 over time

Sales
Unit 2211, each saleTypical two-bed in Golden Mile 02
2.5M5M2009201420192024Typical sale price by year: 2009 AED 1,450,000; 2010 AED 1,450,000; 2011 AED 1,425,000; 2012 AED 1,418,000; 2013 AED 1,900,000; 2014 AED 2,600,000; 2016 AED 2,300,000; 2018 AED 1,600,000; 2021 AED 1,475,000; 2023 AED 2,647,500; 2024 AED 3,100,000; 2025 AED 3,500,000Sold by developer, October 2016: AED 6,278,200 (AED 3,498 per sqft)Sold, October 2016: AED 1,475,000 (AED 822 per sqft)

2211 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2211, each contractTypical two-bed in Golden Mile 02
100K150K200K2014201820222026Typical rent by year: 2014 AED 146,606; 2015 AED 144,000; 2016 AED 153,750; 2017 AED 150,000; 2018 AED 131,000; 2019 AED 119,000; 2020 AED 100,000; 2021 AED 100,000; 2022 AED 110,775; 2023 AED 132,987; 2024 AED 172,266; 2025 AED 200,000; 2026 AED 200,000

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 2211 sits

All 42 2-beds →

2211 last sold in October 2016 at AED 3,498 per sqft, 193% above what two-beds in Golden Mile 02 were fetching at the time (AED 1,195).

Recent 2-bed salesUnit no.Price (AED)Summary
16 Oct 20254,075,000
20 Mar 20253,700,000
10 Feb 20253,150,000
30 Jan 20253,500,000
0 2-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
22041-bedAED 1.55M · Mar 2022
22052-bedAED 3.1M · Aug 2024
22061-bedAED 2.1M · Oct 2023
22072-bedAED 1.45M · May 2021
1–7 of 11

2211, Golden Mile 02 in numbers

  • Sold twice: first on 16 October 2016 for AED 1,475,000, last on 16 October 2016 for AED 6,278,200 (AED 3,498 per sqft).

Source: Dubai Land Department. Updated 16 October 2016.

Questions about 2211, Golden Mile 02

What did unit 2211 last sell for?

AED 6,278,200 on 16 October 2016, sold by the developer: AED 3,498 per sqft for 1,794 sqft. The unit has 2 registered sales; the first was AED 1,475,000 in October 2016.

How big is unit 2211?

1,794 sqft (166.7 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2009.

What is unit 2211 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 2211, Golden Mile 02

Starts from the last sale price (AED 6.28M, 16 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 6,278,200
Deposit, UAE resident (20%)
AED 1,255,640
Deposit, non-resident (40%)
AED 2,511,280
Monthly over 25 years at 3.7%
AED 25,686

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