2303, Golden Mile 02
Sold prices and rental history: sold twice, last in April 2012, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2303, Golden Mile 02
What is 2303 worth today?
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Source: Dubai Land Department. Updated 18 February 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,800 sqft
- Floor
- 3rd of 7
- Parking
- Building 2-B3-60
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 28,700 /yr
- Last sold
- AED 1.4M · April 2012
- Building
- Golden Mile 02
About 2303, Golden Mile 02
2303 is a two-bedroom apartment of 1,800 sqft on the 3rd floor of Golden Mile 02, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 18 April 2012 for AED 1,400,000, or AED 777 per sqft, 5% above the AED 741 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 18 February 2022, is AED 108,000 a year: a gross yield of 7.7% on the 2012 price, before the service charge of about AED 28,700 a year.
Sales and rents for 2303 over time
2303 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 2303 sits
All 42 2-beds →2303 last sold in April 2012 at AED 777 per sqft, 5% above what two-beds in Golden Mile 02 were fetching at the time (AED 741). 2303's AED 108,000 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 3rd floor
All 84 units in Golden Mile 02| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 1-bed | 1,304 sqft | AED 1.54MAED 1,540,000 · Sep 2022September 2022 | 73,000 /yr | |
| 2302 | 2-bed | 1,799 sqft | AED 3.14MAED 3,137,000 · Jan 2025January 2025 | 240,000 /yr | |
| 2304 | 1-bed | 1,307 sqft | AED 980KAED 980,000 · Apr 2011April 2011 | 109,369 /yr | |
| 2305 | 2-bed | 1,808 sqft | AED 1.7MAED 1,700,000 · Oct 2021October 2021 | 278,000 /yr | |
| 2306 | 1-bed | 1,288 sqft | AED 1.63MAED 1,625,000 · Jun 2023June 2023 | 99,000 /yr | |
| 2307 | 2-bed | 1,887 sqft | AED 2.6MAED 2,600,000 · Mar 2024March 2024 | 179,839 /yr | |
| 2308 | 3-bed | 3,329 sqft | AED 4.3MAED 4,300,000 · May 2014May 2014 | 300,000 /yr | |
| 2309 | 2-bed | 1,788 sqft | No registered sale | 85,000 /yr | |
| 2310 | 2-bed | 1,794 sqft | AED 1.4MAED 1,400,000 · Mar 2011March 2011 | 200,000 /yr | |
| 2311 | 2-bed | 1,794 sqft | AED 2.25MAED 2,250,000 · Nov 2017November 2017 | ||
| 2312 | 3-bed | 2,421 sqft | AED 3.1MAED 3,100,000 · Mar 2023March 2023 |
2303, Golden Mile 02 in numbers
- Sold twice: first on 19 May 2009 for AED 1,235,000, last on 18 April 2012 for AED 1,400,000 (AED 777 per sqft).
- Rented since August 2016 on 5 Ejari contracts. The rent fell from AED 150,000 to AED 90,000 in 2021 and recovered to AED 108,000 by February 2022.
- At AED 108,000 a year the gross yield on the 2012 price is 7.7%, before a service charge of about AED 28,700 a year (AED 15.96 per sqft).
Source: Dubai Land Department. Updated 18 February 2022.
Questions about 2303, Golden Mile 02
What did unit 2303 last sell for?
AED 1,400,000 on 18 April 2012: AED 777 per sqft for 1,800 sqft. The unit has 2 registered sales; the first was AED 1,235,000 in May 2009.
What is the rent for unit 2303?
AED 108,000 a year on the contract renewed on 18 February 2022. The previous contract, from February 2021, was AED 90,000; the unit has been rented since August 2016.
How big is unit 2303?
1,800 sqft (167.2 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2009.
What is unit 2303 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 2303, Golden Mile 02
Starts from the last sale price (AED 1.4M, 18 April 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,400,000
- Deposit, UAE resident (20%)
- AED 280,000
- Deposit, non-resident (40%)
- AED 560,000
- Monthly over 25 years at 3.7%
- AED 5,728
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →