2306, Golden Mile 02
Sold prices and rental history: sold 4 times, last in June 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2306, Golden Mile 02
What is 2306 worth today?
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Source: Dubai Land Department. Updated 7 June 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 1,288 sqft
- Floor
- 3rd of 7
- Parking
- Building 2-B3-114
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 20,600 /yr
- Last sold
- AED 1.63M · June 2023
- Building
- Golden Mile 02
About 2306, Golden Mile 02
2306 is a one-bedroom apartment of 1,288 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 7 June 2023 for AED 1,625,000, or AED 1,261 per sqft, 3% above the AED 1,221 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 17 March 2023, is AED 99,000 a year: a gross yield of 6.1% on the 2023 price, before the service charge of about AED 20,600 a year.
Sales and rents for 2306 over time
2306 has sold 4 times; 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 2306 sits
All 18 1-beds →2306 last sold in June 2023 at AED 1,261 per sqft, 3% above what one-beds in Golden Mile 02 were fetching at the time (AED 1,221). 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. 2306's AED 99,000 is at the bottom 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 | |
| 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 | |
| 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 |
2306, Golden Mile 02 in numbers
- Sold 4 times: first on 28 March 2011 for AED 1,000,000, last on 7 June 2023 for AED 1,625,000 (AED 1,261 per sqft).
- Rented since March 2017 on 7 Ejari contracts, from AED 115,000 to AED 99,000 a year.
- At AED 99,000 a year the gross yield on the 2023 price is 6.1%, before a service charge of about AED 20,600 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 7 June 2023.
Questions about 2306, Golden Mile 02
What did unit 2306 last sell for?
AED 1,625,000 on 7 June 2023: AED 1,261 per sqft for 1,288 sqft. The unit has 4 registered sales; the first was AED 1,000,000 in March 2011.
What is the rent for unit 2306?
AED 99,000 a year on the contract renewed on 17 March 2023. The previous contract, from March 2022, was AED 95,000; the unit has been rented since March 2017.
How big is unit 2306?
1,288 sqft (119.7 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2009.
What is unit 2306 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 2306, Golden Mile 02
Starts from the last sale price (AED 1.63M, 7 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,625,000
- Deposit, UAE resident (20%)
- AED 325,000
- Deposit, non-resident (40%)
- AED 650,000
- Monthly over 25 years at 3.7%
- AED 6,648
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →