2304, Golden Mile 02
Sold prices and rental history: sold once, by the developer in April 2011, 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 2304, Golden Mile 02
What is 2304 worth today?
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Source: Dubai Land Department. Updated 5 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,307 sqft
- Floor
- 3rd of 7
- Parking
- Building 2-B3-58
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 20,900 /yr
- Last sold
- AED 980K · April 2011
- Building
- Golden Mile 02
About 2304, Golden Mile 02
2304 is a one-bedroom apartment of 1,307 sqft on the 3rd floor of Golden Mile 02, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. The developer sold it on 19 April 2011 for AED 980,000, or AED 750 per sqft, in line with the AED 763 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 5 October 2025, is AED 109,369 a year: a gross yield of 11.2% on the 2011 price, before the service charge of about AED 20,900 a year.
Sales and rents for 2304 over time
2304 has sold once; the dashed line is the one-bed median of each year in the building.
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 2304 sits
All 18 1-beds →2304 last sold in April 2011 at AED 750 per sqft, in line with what one-beds in Golden Mile 02 were fetching at the time (AED 763). 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. 2304's AED 109,369 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 May 20268 May 2026 | 1,304 sqft | 2,450,000 | 1,879 | ||
| 13 Nov 202513 November 2025 | 1,304 sqft | 2,730,000 | 2,093 | ||
| 7 Oct 20257 October 2025 | 1,307 sqft | 2,650,000 | 2,028 | ||
| 18 Feb 202518 February 2025 | 1,288 sqft | 2,225,000 | 1,727 |
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 | |
| 2303 | 2-bed | 1,800 sqft | AED 1.4MAED 1,400,000 · Apr 2012April 2012 | 108,000 /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 |
2304, Golden Mile 02 in numbers
- Sold once: by Souq Residences on 19 April 2011 for AED 980,000, or AED 750 per sqft.
- Rented since December 2016 on 8 Ejari contracts. The rent fell from AED 120,000 to AED 70,000 in 2021 and recovered to AED 109,369 by October 2025.
- At AED 109,369 a year the gross yield on the 2011 price is 11.2%, before a service charge of about AED 20,900 a year (AED 15.96 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 5 October 2025.
Questions about 2304, Golden Mile 02
What did unit 2304 last sell for?
AED 980,000 on 19 April 2011, sold by the developer: AED 750 per sqft for 1,307 sqft. It is the only registered sale of the unit.
What is the rent for unit 2304?
AED 109,369 a year on the contract renewed on 5 October 2025. The previous contract, from October 2024, was AED 110,000; the unit has been rented since December 2016.
How big is unit 2304?
1,307 sqft (121.4 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2009.
What is unit 2304 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 2304, Golden Mile 02
Starts from the last sale price (AED 980K, 19 April 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 980,000
- Deposit, UAE resident (20%)
- AED 196,000
- Deposit, non-resident (40%)
- AED 392,000
- Monthly over 25 years at 3.7%
- AED 4,009
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →